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Wayfair enlists banks to be IPO underwriters

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An expected wave of initial public stock offerings by Massachusetts technology companies appears to be gathering speed with reports this week that online homegoods retailer Wayfair LLC has enlisted several banks to serve as underwriters for an IPO.

Boston-based Wayfair would be the second local tech firm to go public this year, following Care.com in January, with more likely on its heels. An unofficial IPO watch list includes online marketing firm HubSpot Inc., software company Acquia Inc., cybersecurity firm Veracode Inc., and online urban streetwear retailer Karmaloop Inc.

Wayfair chief executive Niraj Shah would not confirm retaining underwriters and declined to provide details about the company’s IPO schedule. Because Wayfair’s 2013 revenue was less than $1 billion, it can file IPO papers confidentially.

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