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ReachLocal Grows Revenues By 47 Percent

socalTECH

in revenues for Q3 of 2010, up 47 percent from Q3 of last year, when it had $52.6M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. in revenues. for the quarter.

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Demand Media Reports Profit

socalTECH

Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. for Q4 of 2010, up 33 percent from the $55.5M The firm also reported net income of $1.0M, versus $3.9M The firm reported net loss of $5.3M

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ReachLocal Sees International Growth

socalTECH

Woodland Hills-based ReachLocal , which helps small and medium sized businesses place online advertising, released its results Tuesday afternoon, reporting a net loss of $4.6M in Q3 of 2010, to $23.56M in Q3 of this year. on revenues of $98.6M. ReachLocal saw its international revenues grow 76%, from $13.4M

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Demand Media Revenues Up In Q1

socalTECH

Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 in revenues the firm reported in Q1 of 2010. Demand also mentioned strong direct brand advertising sales helped its results. million on revenues of $79.5M. Revenues were up 48 percent compared to the $53.6M

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. 14mm in Series C; $25mm in Series B raised in March 2010; $44mm raised in total. Its net income for the 2009 period is $11.66 Net income was around $1.4 million, compared to a $7 million net loss in 2008.

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2009 Coming To A Close, 2010 Just Around The Corner!

Tech Zulu Event

As 2010 approaches, a whole new year of exciting start-ups, tech news, gadgets, and much more is ahead. We already have a jammed packed schedule for 2010. We already have a jammed packed schedule for 2010. Advertise and get noticed with us! Without all of you and your support, TechZulu could not be around today.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). Dana Settle (Greycroft) & I had led the first round of investment in the company in 2010 and we were looking for smart media investors to join us as investors in the company. Distribution costs have, too.

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