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Demand Media Reports Profit

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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. in revenues from Q4 of 2009. The firm also reported net income of $1.0M, versus $3.9M in a loss in Q4 of 2009. for all of 2010.

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Cornerstone OnDemand Files For IPO

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In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. According to the S-1, the firm had a net loss of $8.3M The firm has not yet specified an exchange it plans to list on.

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Cornerstone On Demand Updates S-1

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Santa Monica-based Cornerstone On Demand , which recently filed for an IPO on the NASDAQ Global Market as CSOD, has updated its IPO filings documents with the SEC. The revenues are up from the first nine months of 2009, when the firm had $21.2M due to the change in the fair value of its preferred stock warrant liabilities.

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Demand Media Files For IPO

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Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M For the year ended December 31, 2009, the firm had a net loss of $21.9M on revenues of $198.45M.

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Image Metrics Raises $8.0M, In Reverse Merger

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Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M The firm said it had a net loss of $6.8M for fiscal 2009. in funding and gone public through a reverse merger. As part of the public listing, Image Metrics reported it had revenues of $4.0M READ MORE>>.

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