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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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Demand Media Alum Gets $100M For Domain Registrar

socalTECH

A brand new, domain registration startup headed by a set of ex- Demand Media executives, has just raised an astounding $100M for its efforts. He continued to serve at Demand Media until 2009. Donuts Inc. Donuts Inc. Donuts Inc.

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Demand Media Files For IPO

socalTECH

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. For the year ended December 31, 2009, the firm had a net loss of $21.9M The filing indicates that the total venture capital funding by Demand Media now totals $373.75M, across four rounds of funding.

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Hydra Looks Up, With Funding In Hand, Legal Troubles Behind

socalTECH

Beverly Hills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday. Tags: hydra media advertising network. How does the firm hope to attract more large brand advertisers?

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Central Desktop Sees Growth, Boosts Hires In 2009

socalTECH

Pasadena-based software-as-a-service developer Central Desktop reported today that the firm had 44 percent, year-over-year growth, and boosted its staff by 50 percent in 2009, as a result of demand for the firm's online project collaboration tools. The firm said its customers now include such companies as Netflix, U.S. READ MORE>>.

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Tech Coast Angels: 7 New Deals, 17 Follow-On Investments In 2009

socalTECH

The Tech Coast Angels said today that the angel group invested in seven new deals, and seventeen follow-on deals in 2009, a total of $4.7M The group said that as part of those deals, its portfolio companies raised an additional $57M in funding from venture capital groups and other angel investors. in investments.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 based in Malibu, which secured around $100M in funding to acquired the North American Credit-on-Self division of D&B in July.