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Demand Media Gets $225M Credit Facility

socalTECH

Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.

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Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

TechCrunch LA

Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan Capital with additional participation from Madrona Venture Group, Tenaya Capital and Marubeni Corp.

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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

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Leaf Group Seeks To Raise $22M For Acquisition, Other Efforts

socalTECH

The company--which trades on the NYSE as LFGR--said the funds would go to working capital and general corporate purposes, plus to acquire or invest in complementary businesses, products and technologies. Leaf Group says it does not have any specific acquisitions in mind. Leaf Group was last known as Demand Media. READ MORE>>.

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Demand Media Selects NYSE For IPO

socalTECH

Los Angeles-based Demand Media , the online content publishing empire of Richard Rosenblatt, has updated its S-1 filing with the SEC, saying that it has applied to list its IPO on the New York Stock Exchange, under the symbol "DMD". Demand Media filed for an IPO in August, saying it hoped to raised up to $125M in the offering.

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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. Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities. READ MORE>>.

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Triton Digital Acquired By Vector Capital

socalTECH

Los Angeles-based Triton Digital , the provider of software for the digital audio streaming market, has been acquired by private equity firm Vector Capital , the companies said today. Triton Digital was advised by Macquarie Capital in the deal. Financial terms of the buy were not disclosed. READ MORE>>.

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