socalTECH

MARCH 13, 2012

Online automotive information and purchasing site Autobytel looks to have finally turned a corner, saying today that it is expecting to achieve "meaningful growth" in both its revenue and profitability in 2012. The firm, reported a profit in 2011, its first profitable year since 2004.

Report 140

Report Sites Company Companies 140

socalTECH

NOVEMBER 19, 2012

A report this morning from Business Insider says that Irvine-based Specific Media , the parent company of MySpace , is seeking to raised $50M to turn MySpace into a "Spotify killer". The report says that Specific Media is hoping to re-launch MySpace as a competitor to both Pandora and Spotify, two popular streaming music services.

Report 219

Report Media Sites Services 219

socalTECH

JULY 1, 2013

A report this morning says that West Hollywood-based CityGrid , the parent firm of CitySearch, Urbanspoon, and InsiderPages, has laid off two thirds of its staff. The layoffs--reported by TechCrunch-- reportedly affected 130 people. READ MORE>>.

CitySearch 190

CitySearch West Hollywood Layoffs Report 190

socalTECH

NOVEMBER 16, 2017

Los Angeles-based J2 Global --via its publishing arm, Ziff Davis , is getting set to acquire online tech publication Mashable , in a deal worth around $50M, according to a report on Thursday afternoon from the Wall Street Journal. J2 Global acquired Ziff Davis back in 2012. Neither J2 Global nor Mashable have yet announced the deal.

Report 133

Report Journal Entertainment Los Angeles 133

InfoChachkie

JANUARY 9, 2013

In 2012,I added video from my UC Santa Barbara speakers, including Mark Templeon, CEO of Citrix; Kerri Pollard, President of Commission Junction; and Marten Mickos, CEO of Eucalyptus. Top Ten Syndicated infoChachkie Entries Of 2012. The following entries generated the most pageviews outside of infoChachkie during 2012.

Social Media 187

Social Media Tips Santa Barbara RSS 187

socalTECH

OCTOBER 18, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M The MoneyTree report--which is compiled with data from Thomson Reuters--found that so far in 2012, $2.5 was raised.

Southern California 210

Southern California GRP Partners Funding Orange County 210

socalTECH

JUNE 27, 2013

Reuters reports that Morgan Stanley, Baclays PLC, and Credit Suisse AG have been hired to manage the company''s IPO, citing three sources familiar with the move. DriveCam reported in February that it had just reached $100M in revenues in 2012. READ MORE>>. drivecam merger acquisition driver monitoring investment banking'

Report 147

Report San Diego News Invest 147

socalTECH

OCTOBER 26, 2016

Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information.

Snapchat 100

Snapchat Report Venice Capital 100

socalTECH

OCTOBER 19, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M The MoneyTree report--which is compiled with data from Thomson Reuters--found that so far in 2012, $2.5 was raised.

Southern California 180

Southern California GRP Partners Funding Orange County 180

socalTECH

JULY 16, 2014

Santa Ana-based Iteris , which develops traffic management products and technology, said late Tuesday that it has replaced its CFO, and may face a "material weakness" in its internal controls over financial reporting. The company said it has named Craig Christensen as its interim CFO.

Report 138

Report Outsource Development Technology Product 138

socalTECH

APRIL 29, 2015

Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.

Report 100

Report Santa Monica Sales Funding 100

SoCal Tech Calendar

MAY 31, 2012

Wednesday, June 6, 2012 -- PwC MoneyTree Report. The MoneyTree Report is a quarterly study of venture capital investment activity in the United States. The MoneyTree Report is a staple of the financial community, relied upon by entrepreneurs, government policymakers and the business press worldwide.

Report 100

Report OCTANE Press Venture Capital 100

socalTECH

JANUARY 26, 2022

According to reports, the company has "kicked off preparations" for an IPO in early 2022. ServiceTitan was founded in 2012, and offers up its software to the heating, ventilation, and air conditioning; plumbing; and other home services businesses. Reuters cites "people familiar with the matter", and said ServiceTitan was valued at $9.5

Report 113

Report Acquisition Los Angeles Services 113

TechCrunch LA

APRIL 17, 2018

The mayor of Los Angeles confirmed earlier reports that SpaceX will build its largest rocket, the BFR, at the Port of Los Angeles. SpaceX has used the port for its west coast recovery operations since 2012. There were widespread reports that the company was looking to drastically expand its operations at the location.

Los Angeles 274

Los Angeles SpaceX Angel Report 274

socalTECH

JULY 31, 2012

Los Angeles-based BLackLine Systems , the developer of financial accounting software used for automating account reconciliation and financial close, reported this morning that it had record revenues in Q2, and a slate of well known clients. Actual financial results were not announced by the company.

Report 145

Report Los Angeles Software Angel 145

socalTECH

JULY 26, 2012

Irvine-based disk drive maker Western Digital reported its annual results last night, saying that it had record revenues of $12.5 billion for its fiscal 2012. billion, and net income of $1.6 The publicly held company said that compares to a fiscal 2011 revenue of $9.5 billion and $726 million in net income.

Report 124

Report .Net Company Companies 124

socalTECH

OCTOBER 16, 2012

Irvine-based Fisker Automotive has delayed the release of its plug-in hybrid car, the Fisker Atlantic, until at least 2014, according to Green Car Reports. Fisker had originally said it would start shipping the Atlantic (formerly Project Nina) in 2012. News of the delay came at a news conference Monday. Fisker has raised more than $1.2

Report 159

Report News Conference Company 159

socalTECH

JUNE 9, 2014

househousehold now have their televisions connected to the Internet, and nearly that many have a subscription to Netflix, Amazon Prime, or Hulu Plus, according to a report issued Friday. That''s up from only 38% in 2012. Nearly half of all U.S.

Netflix 124

Netflix Hulu Report Study 124

socalTECH

DECEMBER 17, 2014

Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014.

Pasadena 138

Pasadena Report Email Sites 138

socalTECH

AUGUST 10, 2012

Rubicon reports that the the July 2012 comScore ranking found that Rubicon Project now reaches 96.2% Los Angeles-based Rubicon Project said today that it has passed Google in the latest, comScore Media Metrix monthly ranking of Ad Focus properties. of the U.S.

Advertising 147

Advertising Google Report Networking 147

socalTECH

JULY 17, 2012

You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. The number of cuts is apparently the largest, midyear total since 2009.

Layoffs 133

Layoffs Technical Review Southern California Report 133

socalTECH

JANUARY 24, 2012

the maker of disk drives, has given an update on its operations, saying last night that it now believes it will restore its manufacturing capacity to pre-flood capability by the quarter ending September 2012. The update came as WD reported revenues of $2.0 Irvine-based Western Digital Corp. ,

Report 124

Report .Net 124

Tech Zulu Event

APRIL 25, 2013

As we reported earlier, Built in L.A., has been datamining and tracking all the local startup action and has released the “2012 Los Angeles Digital Startup Report.”. 2012 was another record-setting year for digital technology companies in Los Angeles,” said Tony Pritzker, Partner, The Pritzker Group and Built In L.A

Los Angeles 89

Los Angeles Report Angel Startup 89

socalTECH

JANUARY 18, 2013

In the second set of venture capital numbers released today, Dow Jones VentureSource has released its tabulation of Q4 2012 venture capital financings, reporting similar numbers to those from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters released earlier this morning. billion in 2011.

Invest 173

Invest Venture Capital Report Capital 173

socalTECH

MAY 17, 2019

Spirgi was most recently Senior Vice President (SVP) of Product and Services for The Marcus Buckingham Company (acquired by ADP), and was the co-founder of a strategic consulting firm, Knowledge Infusion, which was acquired in 2012 by Appirio. Spirgi will report to Adam Miller, the CEO of Cornerstone Ondemand. READ MORE>>.

Cornerstone OnDemand 133

Cornerstone OnDemand Marketing Santa Monica Report 133

socalTECH

JANUARY 17, 2014

in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. The investments were a drop from Q4 of 2012, $711.8M Nationally, the report found that there was $29.4 was invested in the region. For the year, a total of $2.51 For Q4, $8.4

Southern California 246

Southern California Venture Capital Orange County Tech Coast Angels 246

socalTECH

JANUARY 2, 2019

According to Activision, the move is "unrelated to the Company's financial reporting or disclosure controls and procedures. " No details of exactly what triggered the termination were announced, however, reports say that Neumann may have been hired away by Netflix. Durkin had been CFO of the company from March 2012 until May of 2017.

Activision 113

Activision Santa Monica Netflix Report 113

socalTECH

JULY 9, 2012

Southern California's largest angel investment group, the Tech Coast Angels , looks to be one of the lead investors nationally in angel-backed companies, according to a report released Monday by the Angel Resource institute.

Tech Coast Angels 200

Tech Coast Angels Angel Invest Southern California 200

socalTECH

NOVEMBER 21, 2019

Honey was founded in 2012 by George Ruan and Ryan Hudson. According to PayPal, following the acquisition, Honey will continue to be headquartered in Los Angeles, and retain its brand, with Ruan and Hudson continuing to lead the team, reporting to PayPal's global consumer product and technology organization.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

DECEMBER 10, 2018

Sonos said Lazarus will head up all legal, corporate governance, SEC reporting, government affairs, regulatory and compliance activities across Sonos' global operations. 2012, and also had been both at Akin Gump Strauss Hauer & Feld as well as a federal prosecutor in Los Angeles.

Santa Barbara 113

Santa Barbara Los Angeles Activity Report 113

Steve Reich

JUNE 26, 2012

” That was the understatement of the week, as I learned by attending YouTube’s Premium Partner conference, YouTube Access 2012. YouTube has seeded its’ Premium Partners with a reported $ 300 million in support, largely in the form of prepaid ad revenue sharing and marketing support. The event was last week in New York.

Southern California 69

Southern California SoCal Content SoCalTech 69

socalTECH

FEBRUARY 28, 2013

Santa Monica-based content delivery network (CDN) provider EdgeCast said this morning that it doubled its revenues in 2012, and now has more than 225 employees. Those data points, along with revenue range figures reported elsewhere, implies that the company now has revenues of perhaps between $100M and $200M.

Steamboat Ventures 240

Steamboat Ventures Santa Monica Hulu Content 240

socalTECH

MARCH 13, 2014

Forbes said that Airpush now has 200 employees, saw 96 percent revenue growth between 2012 and 2013--and has yet to raise any outside funding. Airpush is led by Asher Delug.

Advertising 153

Advertising Mobile Los Angeles Acquisition 153

socalTECH

JANUARY 7, 2013

Santa Monica-based cloud telephony provider Callfire , which develops cloud-based telephony services used to automate phone calls and voice applications, reported today that it had record growth in 2012. The company said it saw revenue growth of 58 percent for the company. Actual financials were not disclosed by the company.

Santa Monica 173

Santa Monica Statistics Startup Report 173

socalTECH

FEBRUARY 12, 2013

DriveCam , the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales.

Tech Coast Angels 157

Tech Coast Angels Carson Technical Review San Diego 157

socalTECH

AUGUST 7, 2012

Santa Monica-based Demand Media , the online content publishing firm run by Richard Rosenblatt, reported its second quarter 2012 financial results on Tuesday afternoon, saying that both its revenues and pageviews grew from year to year. for the three months ended June 30, 2012, up 17 percent from the same quarter last year.

Demand 133

Demand Media Santa Monica Report 133

socalTECH

JANUARY 18, 2013

According to data from the latest PricewaterhouseCoopers/NVCA MoneyTree report, the funding for Southern California's startups in Q4 of 2012 came from a total of 124 different venture groups, only 26 of which (20%) were actually based in Southern California. The report found that there was $683.7M

Southern California 198

Southern California Funding Startup Draper 198