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Demand Media Nets $77.2M From IPO

socalTECH

Santa Monica-based Demand Media said this morning that it received approximately $77.2M in net proceeds from the firm's IPO last week.

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Anonymous Social Media App Nets $550,000

L.A. Business Journal

Santa Monica-based Trill Project, founded by four high-schoolers who want to make social media safer, received on Aug. 15 a total $550,000 in a seed round led by Founders Bootcamp.

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Manalto Gets $1M For Social Media Content Management

socalTECH

Santa Monica-based Manalto has raised $1M in a seed funding round, for the company''s social media content management software. According to Manalto, the funding came from Europlay Capital Adivsors, Raven Capital, as well as high net worth individuals from Australia.

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Rightside Looks To Bring.DANCE,DEMOCRAT To Market

socalTECH

Rightside , the domain name service company which is in the process of being spun out of Santa Monica-based Demand Media , said today that it has inked a deal to bring to new domains to the market: DANCE and.DEMOCRAT.

Marketing 227
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Cornerstone OnDemand Files For IPO

socalTECH

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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Call of Duty Nets $3 Billion for Activision Blizzard

L.A. Business Journal

Blockbuster video game franchise “Call of Duty” continues to deliver big returns for Santa Monica publisher Activision Blizzard Inc.

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Plan Bee Taps NameJet, AfterNic For.BUILD Top Level Domain

socalTECH

A Santa Monica-based domain venture, Plan Bee LLC , has selected domain name auction site NameJet--a joint venture of Santa Monica-based Demand Media and Web.com--along with domain marketplace AfterNic--to power initial distribution for its new top level domain,BUILD. Plan Bee is headed by George Minardos. READ MORE>>.