Endurance International Group this week announced plans to raise $400 million in an IPO. EIG did not disclose how many shares of common stock it plans to sell or the price. The company plans to list on the NASDAQ under the ticker symbol EIGI.

Web hosts have had to expand their portfolios in order to meet not only the hosting needs of their customers, but also provide tools to address other business needs as well, such as managing social media or keeping track of budgets. This evolution...