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Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Bohnett is the founder of Geocities.com. READ MORE>>.
Active Network operates a network of online sports registration, community activity and group sites, and other related Internet services. The firm said it had a net loss of 37.8M in 2009, and a net loss of $18.18M on revenues of $188.5M The firm is venture backed by ESPN, Canaan partners, ABS Ventures, as well as others.
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 The firm's IPO is being underwritten by Goldman, Sachs & Co., in the first six months of 2010. on revenues of $198.45M. and Generation Partners. from domain registration.
GotCast, which is headed by Alec Shankman, operates a site which allows anyone across the nation to respond to casting calls, and submit photos, videos, and other information about themselves to producers.
According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M Internet Brands--which has been an aggressive acquirer of web sites--also revealed that it acquired six websites in Q2, for a total of $8.6M. in revenues, up from $2.5M in Q2 of 2009. in total.
Moviepilot , the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de , to French publisher Webedia. The sale netted the company $20M, which it will use to fund its U.S. The move puts the company''s focused squarely on its Los Angeles operations.
Prevoty, which is venture backed by US Venture Partners, Plus Capital, MM Capital, Paige Craig, and others, developers cross-site scripting security tools to prevent security breaches in web apps.
San Diego-based Active Network , the operator of sports registration and online community sites, said in a filing today that it had a net loss of $10.9M Revenues were up 15% from the quarter ending March 30, 2010, when the firm reported a net loss of $12.4M on revenues of $72.71M for the three months ended March 31, 2011.
The company also reported net income of $0.7M The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site. The firm reported its latest quarterly results Tuesday, reporting $100.6M
AtomicMe said it will pay 30% of the net advertising revenue generated through impressions on the site, for any user that can attract more than 100,000 unique visitors to a page within a month. The startup is the brainchild of Jeremy Jason. READ MORE>>.
Rumored to be prepping for an IPO, just inked a deal to launch a new beauty and fashion site with Tyra Banks. They've acquired CAPTCHA security tools originally developed by Vidoop, and looking to market that technology to e-commerce web sites, social networking sites, and others looking to reduce spam and fraud.
El Segundo-based iChange , the online community site focused on nutrition counseling headed by Stuart MacFarlane, has raised another $500,000, as part of an ongoing $600,000 funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. Source of the new funding was not disclosed.
For today's interview, we spoke with Los Angeles-based Swagbucks (www.swagbucks.com), an online site which allows users to earn virtual currency in exchange for searching the Internet, as well as other activities. They'd promote the site to their constituents and supporters, to raise money for the company, and we'd share it back with them.
Agoura Hills-based ISWest , a provider of high speed Internet access, colocation, and server hosting, and Los Angeles-based IT outsourcing firm Cal Net, said Thursday that the firms have expanded an alliance to help clients move servers off-site to save money on managing their IT. Cal Net has offices in Northridge and Anaheim.
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>>.
In addition to those details, Internet Brands said it is now seeing a monthly average of 50 million total monthly unique visitors to its collection of web sites, with a total of 56.5 Internet Brands said it had net income of $4.3M million in January. in the fourth quarter on revenues of $27.7M.
Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 Demand Media said the revenues numbers were driven by continued momentum from its owned and operated sites. 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.
City of Industry-based online retailer Newegg said today that it has linked with an extended warranty firm, to add extended warranty protection on the firm's Canadian site, Newegg.ca.
Los Angeles-based Break Media , an online site which caters to males, announced today that it has signed a deal with liquor maker Southern Comfort to develop a branded content project, "Social Sportz Net".
Amazon said it will option one new project a month--worth $10,000--and will pay $55,000 plus 5 percent of Amazon's net receipts from toy and t-shirt licensing, as well as other royalties to any proposal it decides to make into a full-budget series. Amazon Studios launched in November of 2010.
Culver City is looking to go 100 percent renewable at two of its municipal sites, according to technical and professional consulting firm Willdan Group. Willdan did not say which two municipal sites in Culver City were covered by the contract. Financial impact of the deal were not announced.
One of those he mentioned was Hark (www.hark.com), an online site which allows users to find and share sound bites and audio clips from movies and elsewhere. So, we spun up the site, and got it up and going in the middle of 2008, and it just took off, particularly right after the elections. We're going out there, and harnessing that.
John Ellis: If you're a buyer looking for original artwork beyond what you can get at a big box retailer, such as an interior designer, or if you're looking for affordable original art, you can come into our site and purchase original artwork through the site, directly from photographers.
If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Its net income for the 2009 period is $11.66 Net income was around $1.4 million, compared to a $7 million net loss in 2008. But LivingSocial is reportedly doing around $180,000 per day in gross revenue.
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.
The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Net result and reward. As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Reward your people.
Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. ] Bob Metcalfe co-invented Ethernet, the communications standard still used for most local on-site networking, but Radia Perlman made it work.
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.
In one year of Airbnb Tracy netted more than $28,000. She floundered a bit working with contractors before finally settling on an agency to build her first site for $20,000. She did the math and realized that she could bring in more money through Airbnb than she could by having a roommate. So her wedding story had a happy ending.
The firm, which operates a series of automobile related sites, said it had a net loss of $15M on revenues of $14.2M Irvine-based Autobytel released its quarterly results Thursday, revealing that the firm saw a 35 percent plunge in its advertising revenue, and a 23 percent drop in leads referral revenues last quarter.
The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Net result and reward. As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Reward your people.
For this morning's interview, we sat down and talked with Nick Desai , CEO of Global Fitness Media , which runs FitOrbit (www.fitorbit.com), an online site looking to help users put together a fitness and connect with fitness trainers. For those who haven't visited your site, what is FitOrbit? Thanks for talking with us.
Editor''s note: we''re cross running this on our Pacific Northwest site, Northwest Innovation, since part of Rightside''s operations are in Seattle.). It''s interesting, because up until about a year ago, when you would go to any domain registrar and type in a string, you''d see all of the options in.com,net,org.
If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. Everyone is now pretty much selling direct on apparel sites now.
Matt told us how InstaCanvas lets users of the Instagram site sell and buy photos they post on the site, and how the company is hoping to bridge the virtual and physical worlds with their service. We power over 30,000 galleries, and have 3,000 artists, with 2 million images on the site, and it's only been that one instance.
Dave’s Note: This is the first time we’ve had a guest author on the BERKONOMICS site. Research the Net for guidance in this arena, which is changing as laws enabling this are evolving. Guest post by Sara Mackey. So, you’ve been thinking about starting your own firm for the past ten years.
Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. Each has met legal securities minimums for net worth and professionalism, to reduce the risk to entrepreneurs. Most share expertise as well as money.
The net result of this exercise. And the exercise of researching through search engines, friends, financial sites or trade publications will begin to help you develop a picture of each candidate’s needs and strengths. Even a five-minute introductory call to the CEO with no agenda works for later name recognition.
In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Personalize a simple web site. Publish the site and now you are in business. But don’t be fooled into expecting people to flock to your site after you tell a few friends. Then there are full-featured software sites like Facebook.
Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. These sites have arrangements with hundreds of local groups and individual investors that you might otherwise have missed. By definition, an angel investor is not an “institutional investor.” Remember angels beget angels.
In the early days (20 years ago), most new e-commerce sites, for example, cost a million dollars to set up. Personalize a simple web site. Publish the site and now you are in business. But, don’t be fooled into expecting people to flock to your site after you tell a few friends. The cost of entry has never been lower.
In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Personalize a simple web site. Publish the site and now you are in business. But don’t be fooled into expecting people to flock to your site after you tell a few friends. Then there are full-featured software sites like Facebook.
There are other social networks in the list of 300 “major sites” recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Viadeo, Ryze, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Join a local investment group.
They knew that price restructuring would significantly impair their gross revenues as well as their net income, which would dramatically impact their stock price. They were effectively hooked on the bad profits which were seductive when they initially launched their service. This approach was neither quick nor easy to implement.
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