Remove Acquisition Remove Capital Remove Media Remove ReachLocal
article thumbnail

Demand Media Prices IPO, Begins Trading Today

socalTECH

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

Demand 162
article thumbnail

Cornerstone OnDemand Jumps In IPO Debut

socalTECH

Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. The firm is just the latest in a string of well received IPOs in Southern California, including Demand Media, RealD, Inphi Corp., MaxLinear, Green Dot, and ReachLocal. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. billion in liquidity was generated in the sector.

article thumbnail

LAVA Honors Richard Riordan, Local Technology Firms

socalTECH

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity.

LAVA 166
article thumbnail

This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

It’s clear that many companies are going to need to understand “authority&# in the social media era. I gave carve outs for Steamboat, Intel and Comcast Interactive Capital, all of whom I believe are more like VCs than strategic money and can be great to work with. I think you’ll enjoy watching. Now Google is a VC.