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L.A. Business Journal
AUGUST 20, 2018
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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L.A. Business Journal
DECEMBER 4, 2020
Blockbuster video game franchise “Call of Duty” continues to deliver big returns for Santa Monica publisher Activision Blizzard Inc.
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L.A. Business Journal
JULY 21, 2020
the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.
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L.A. Business Journal
AUGUST 15, 2018
Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company
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socalTECH
JANUARY 10, 2022
Santa Monica-based online employment market operator ZipRecruiter said on Friday that it is raising $550M in debt, via 5.000% Senior Notes due in 2030, up from an earlier announced $500M.
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socalTECH
DECEMBER 4, 2020
Santa Monica-based game publisher Activision says its Call of Duty franchise has surpassed $3 billion in net bookings over the last 12 months. The publisher recently launched a new title, Call of Duty: Black Ops Cold War.
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socalTECH
JANUARY 31, 2011
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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L.A. Business Journal
AUGUST 8, 2019
The Santa Monica-based video game publisher behind popular games such as “Call of Duty” and “Overwatch” saw its profits decline more than 18% from this time last year, reporting a net income of $328 million.
113 socalTECH
JULY 24, 2019
Santa Monica-based Snap Inc. , Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter. the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users.
113 socalTECH
MARCH 25, 2020
Santa Monica-based Catasys , a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. The company says it historically sees approximately $6,500 net revenue per enrolled member.
socalTECH
APRIL 22, 2020
Santa Monica-based Snap , the parent company of Snapchat , reported its first quarter 2020 financials on Tuesday afternoon, saying that it has seen an increase in both its daily active users and revenues. Despite the increase in usage and revenues, Snap still reported a net loss of $306M in Q1 2020. READ MORE>>.
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socalTECH
FEBRUARY 6, 2019
Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. However, the company is still posting big losses, saying it had a net loss of $191.7M billion for the year, and a net loss of $1.25
113 socalTECH
DECEMBER 30, 2013
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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socalTECH
FEBRUARY 25, 2019
Santa Monica-based Super League Gaming , which operates its own e-sports competition site and community, is headed for the public markets, hoping to raise as much as $31.36M for the company, according to a regulatory filing by the firm.
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socalTECH
FEBRUARY 26, 2019
Santa Monica-based Super League Gaming had its IPO on Tuesday, debuting at $11.00 The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. in its initial trading, but falling more than 22 percent during the day to close down at $8.50 READ MORE>>.
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socalTECH
APRIL 24, 2019
Santa Monica-based Snap Inc. , However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M. the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million.
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socalTECH
JULY 17, 2019
Santa Monica-based GumGum Sports , which uses computer vision technology to analyze the value of sponsorship of sporting events, says that the recent matches at the World Cup, featuring the U.S. Women's National Team, was a lost opportunity for the tournament. Women's National Team matches.
socalTECH
SEPTEMBER 23, 2020
Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 The company says it expects to net $725M after underwtigin discounts, commissions, and other expenses.
113 socalTECH
MAY 5, 2017
Santa Monica-based Leaf Group , which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M on revenues of $27.238M.
113 socalTECH
FEBRUARY 13, 2019
Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 bllion, up from the $7.02 billion it had in revenues for 2017.
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socalTECH
FEBRUARY 5, 2014
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.
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socalTECH
APRIL 4, 2013
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>>.
174 socalTECH
MAY 7, 2014
Santa Monica-based videogame publisher Activision Blizzard said late Tuesday that it saw better than expected financial results for the first quarter of 2014. The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales.
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socalTECH
MAY 7, 2013
Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. The company also reported net income of $0.7M The firm reported its latest quarterly results Tuesday, reporting $100.6M in total revenues, its second $100M plus quarter. for its quarter, which ended March 31, 2013.
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socalTECH
NOVEMBER 11, 2014
Santa Monica-based Demand Media said Monday afternoon that it has lost its CFO, Mel Tang, who the company said will depart at the end of the year. The company also reported a net loss of $223.8M, compared with a loss a year ago of $10.4M. Reason for the departure was not given.
138 socalTECH
FEBRUARY 22, 2016
Santa Monica-based utility-scale solar power company Solar Reserve says its molten-salt based, utility-solar plants have a big advantage over battery-based energy storage, which it says "isn't exactly clean or practical". READ MORE>>.
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socalTECH
FEBRUARY 22, 2016
Santa Monica-based utility-scale solar power company Solar Reserve says its molten-salt based, utility-solar plants have a big advantage over battery-based energy storage, which it says "isn't exactly clean or practical". READ MORE>>.
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socalTECH
NOVEMBER 17, 2011
Santa Monica-based Activision reports this morning that sales of its latest Call of Duty title, Modern Warfare 3, have topped $775M worldwide, in what it says is its record setting five day worldwide sell through.
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socalTECH
FEBRUARY 22, 2011
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. The firm also reported net income of $1.0M, versus $3.9M The firm also reported net income of $1.0M, versus $3.9M in a loss in Q4 of 2009.
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socalTECH
MAY 5, 2011
Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 million on revenues of $79.5M. Revenues were up 48 percent compared to the $53.6M in revenues the firm reported in Q1 of 2010. Demand also mentioned strong direct brand advertising sales helped its results.
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socalTECH
SEPTEMBER 29, 2010
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.
socalTECH
AUGUST 8, 2010
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 in the first six months of 2010.
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socalTECH
DECEMBER 17, 2010
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. due to the change in the fair value of its preferred stock warrant liabilities.
socalTECH
MARCH 11, 2010
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 in funding and gone public through a reverse merger. Image Metrics said that ICLA will change its name to Image Metrics, and will change its stock symbol as part of the merger.
154 socalTECH
NOVEMBER 9, 2010
The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. The loss number was a result of an accounting change in fair value of preferred stock warrant liabilities owned by the firm, related to its Series D preferred round.
socalTECH
JUNE 30, 2011
This morning, we spoke to Thomas Swalla , the COO of Santa Monica-based Savings.com , the online coupon and deals site, to talk a little bit about how the move has impact at one of Southern California's many, many affiliate-dependent Internet businesses--and how the move might result in lost jobs, and the firm moving out of state.
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socalTECH
NOVEMBER 3, 2016
We looked at other sites, such as Cross Campus Santa Monica, and we saw the events they were running, which we went to a lot before they opened a location here. There are clusters of companies in San Gabriel, clusters growing Glendale, there are companies in Monrovia, Orange County, and out to Santa Monica and Silicon Beach.
100 Both Sides of the Table
FEBRUARY 20, 2012
In one year of Airbnb Tracy netted more than $28,000. Now working safely inside the confine’s of Launchpad LA’s offices in Santa Monica and surrounded by the tech community, Tracy has been out interviewing technical co-founders. She not only rented out her room but also rented the couch.
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socalTECH
MAY 2, 2014
To get some insight into how those names are changing--we caught up with Steve Banfield , SVP and GM of Registrar Services over at Rightside (www.rightside.co) -- which is in the midst of spinning out from Santa Monica-based Demand Media. biz, and all of those alternative choices.
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Tech Zulu Event
OCTOBER 24, 2013
Tonight starting at 7:00pm PST we will be streaming and bringing you all the action live from Cross Campus in Santa Monica. Event Details: Where : Cross Campus 820 Broadway, Santa Monica, CA 90401. AGN was sold to Net-TV pioneer Pseudo Programs and Rubin served as VP of Games and Sports programming.
SoCal CTO
JUNE 14, 2008
At the CTO Group that I organize in Santa Monica, we've had lots of discussions around this. Interesting term used in a ZD Net article - Platform as a Service (PaaS) Unfortunately, Peter sells the promise and ignores the reality. Some other points - LAMP,Net, Java - doesn't make much difference. Server and client in Java.
150 Tech Zulu Event
NOVEMBER 28, 2011
Being that the theme of the night was community, it was perfect that the event was held at CoLoft , a workspace in Santa Monica that focuses on start up entrepreneurs. Home furnishings retailer Bed Bath & Beyond has reported net sales for the second quarter ended August 27, 2011 increased by 8.3%.” – Retail Week.
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Both Sides of the Table
OCTOBER 29, 2009
Banner or AdSense style ads placed either at the top of the page or down the right hand side (often called a skyscraper) would only net Twitter money for users that log into Twitter.com. Google’s AdSense) or some other form of ad. Remember, Twitter is as much of a data pipe as it is a website.
286 Both Sides of the Table
JUNE 8, 2014
A move to more urban environments (SF over SV, Cambridge over Waltham, London over Thames Valley, Santa Monica / Venice, Flatiron and so forth) as basically young people want to live where young people want to live. So the startup work moves to where the startup founders live and not vice versa. I wish every city could have an 1871.
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