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Demand Media Reports Profit

socalTECH

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.

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Securing the Door: Amazon Buys Connected Doorbell Maker Ring

Xconomy

The purchase was first reported by Geekwire, which cited a separate report from Reuters that the deal is valued at about $1 billion. The two biggest acquisitions were Whole Foods last year and Zappos in 2009, according to Statista.)

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Image Metrics Raises $8.0M, In Reverse Merger

socalTECH

Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M As part of the public listing, Image Metrics reported it had revenues of $4.0M for fiscal 2009. Tags: image metrics facial animation reverse merger icla acquisition. The firm said it had a net loss of $6.8M

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Demand Media Files For IPO

socalTECH

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. For the year ended December 31, 2009, the firm had a net loss of $21.9M For the six months ended June 30th, the firm reported that $66.2M in the first six months of 2010. on revenues of $198.45M.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Self-reported 60mm daily unique as of Dec 2009, games played by 250mm people a month (AppData). Founded in April/May 2010 by Diego Berdakin (Ex-Slingshot Labs) and Josh Berman (Ex-Slingshot Labs, MySpace Co-founder) in Santa Monica, CA. Potentially limits acquisition opportunities for independent ad networks.

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Jetpack Gives a Boost to Mobile and Rich Media Advertising

Tech Zulu Event

billion, and on a much smaller scale, Undertone’s recent acquisition of mobile ad provider Sparkflow. But that’s changing with a new crop of rich media platforms disrupting the ecosystem with new mobile and non-standard rich media ad formats, one of which – Jetpack – is located right here in Santa Monica.

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Frank Addantes FounderBlog: Setting up Shop - Picking an Office Space

Frank Addante

2009 (3) ► May (1) A Tour of the Rubicon Project Headquarters ► April (1) "Pay it Forward" Event for Students & Aspiring Ent. ► February (1) What do you do when a reporter you admire misrepre. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. Zondigo, Inc.

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