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Demand Media's Rosenblatt Resigns

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In a surprise move, Santa Monica-based Demand Media said late Monday that founder, Chairman, and CEO Richard Rosenblatt has resigned from the company. Demand Media said that it has appointed Shawn Colo as interim President and interim CEO, effective immediately, with James Quandt taking the Chairman position. READ MORE>>.

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Demand Media Gets $225M Credit Facility

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Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.

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Honk Technologies Adds $18M For On Demand Towing

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Santa Monica-based Honk Technologies , the on-demand, roadside assistance app startup led by Corey Brundage, said Wednesday that it has raised $18M in a new funding round. The funding was led by Altpoint Ventures, and also included Structure Capital and Venture 51.

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Demand Media Plans To Split Domain, Content Businesses

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In a surprise move, Santa Monica-based Demand Media said Tuesday afternoon that it plans to explore separating its domain name and content businesses into two, independent, publicly traded companies.

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Demand Media Shuffles CFO

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Santa Monica-based online publisher Demand Media reported Thursday that it is shuffling its CFO, and is promoting its Senior Vice President, Finance and Treasurer Mel Tang to the CFO position. Current CFO Charles Hilliard becomes a Special Advisor to Demand Media's board of directors. READ MORE>>.

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Vetted Finds $3.47M For In-Home, On-Demand Pet Care In LA

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Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The funding came from Foundation Capital, Amplify LA, Sterling.VC, and ReImagined Ventures. READ MORE>>.

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Heal Finds $26.9M More In Funding To Expand Access To On-Demand Doctors

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Santa Monica-based Heal , the on-demand doctor's house call startup, said this morningg that it has raised $26.9M The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), David Ellison (Skydance Media), Hashtag One, and Slow Ventures. in a Series A funding.

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