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Media Temple Parent GoDaddy Files For IPO

socalTECH

The company reported a net loss of $131M for 2013, on revenues of $1.13 godaddy mediatemple merger acquisition exit hosting premium' Morgan, Citigroup, Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR Capital Markets, and Stifel. Scottsdale, Arizona-based GoDaddy has not yet selected an exchange. READ MORE>>.

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Demand Media Gets Second $100M+ Quarter

socalTECH

The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M for its quarter, which ended March 31, 2013. Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. in total revenues, its second $100M plus quarter.

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ACTIVE Network Seeks Buyer

socalTECH

The company said it has received interest from outside parties in both investment in ACTIVE Network to acquisition of the company. Active Network reported a net loss of $2.7M for the three months ended June 30, 2013. activity registration ports results quarterly acquisition merger network active' READ MORE>>.

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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. LabCorp reported $8.5 Despite the fanfare of Sequenom’s MaterniT21, the company has had financial struggles and its earnings reports show a history of losses.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. In the last month alone (ie not captures in the $1.5