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com from Pasadena-based Idealab , in a deal worth over $1M. com Media Ltd.--the Top 10 said Idealab has received a 7 percent share in the company as part of the deal, and that Idealab's Bill Gross has joined the firm's advisory board. Tags: idealab domain name top10 merger acquisition domainer. READ MORE>>.
A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M RayTracker was a spinout of Idealab's Energy Innovations. RayTracker was a spinout of Idealab's Energy Innovations. READ MORE>>.
Pasadena-based TweetUp , the Twitter advertising startup out of Idealab, said today that it has acquired Twidroid , which develops its own Twitter client for Android phones. As part of the acquisition, TweetUp said it will rename Twidroid to Twidroyd, to minimize confusion with products from Lucas Films, which owns the trademark "droid".
Financial terms of the acquisition were not disclosed. UberMedia said the acquisition would add to its family of applications, which now include UberTwitter, Twidroyd, and Echofon. UberMedia was, until Friday, known as PostUp, and headed by Idealab's Bill Gross. READ MORE>>.
Los Angeles-based Jukin Media (www.jukinmedia.com) thinks it has figured that out, and instead of trying to create viral videos, has been buying up the rights to those videos--before they really go viral--to create not just a one-hit, viral video wonder, but a sustainable business. What is Jukin Media?
The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. Tags: internet brands growth merger acquisition private. READ MORE>>.
Financial terms of the acquisition were not disclosed. Bardon Advisors was founded by Keith Cohn, who was previously President and CEO of Vendare Media, which was backed by Idealab and other venture firms. Tags: bardon advisors mediatrust merger acquisition cpcp advertising ecommerce.
Pasadena-based UberMedia , the Idealab-backed developer of mobile analytics software, said this week that it has sold its managed media business unit to Los Angeles-based Gimbal. Financial terms of the acquisition were not announced.
The firm is backed by Idealab, and is headed by Internet veteran Andy Steuer. We made it easier for local businesses to acquire customers through search and social media We sold that to Deluxe Corp. in 2009, and through that process I learned a lot about local businesses, and about customer acquisition pain points.
After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. He is also an active investor with stakes in companies like Hipmunk, GroupMe, Facebook, Zynga (acquisition stock), and SV Angels. He received a B.S.
Champagne glasses must be clinking for a few, lucky Southern California investors and executives this morning, as the IPO of Oakland-based Pandora Media had a rousing welcome on Wall Street. Pandora was trading as high as $26.00 Wednesday during morning trading, after pricing at $16.00 per share last night, well above the $10.00
A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. Alex Maleki , Member of New Venture Group at Idealab. Alex Maleki , Member of New Venture Group at Idealab.
Pandora Media , the online personalized radio station service based out of Oakland, has bumped its estimated IPO pricing range this morning, and upped the number of shares it is planning to offer in its IPO. The firm said it will now offer 14,684,000 shares, estimated to price at between $10.00 and $12.00 per share estimated price.
I then went to another local company, Internet Brands, which was originally an Idealab company, and had the opportunity to build their shopping division. They made a number of significant acquisitions in that space, My co-founders, Sammer and Chris, worked together at Internet Brands. Brian Nickerson: That''s a great question.
Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Rumored to have turned down acquisition offers from Yahoo and Facebook. Competitors: Google (Invite Media) , MediaMath , X+1. Foursquare. -A Competitors: Gowalla. See: TechCrunch.
He’s behind IdeaLab and has created many interesting companies including innovating in solar energy ( eSolar ) and electric cars ( Aptera ). I think everybody heard about this acquisition. On the founder’s side it’s about taking money off of the table and / or having strategic reserves for big acquisitions.
At at time where nearly all advertising was purchased on a CPM (cost per thousand) basis and not very measurable this was a huge innovation that should be credited to Bill Gross, the founder of IdeaLab. This no doubt led to the acquisition of AdMob by Google and Quattro by Apple. There will be new opportunities in this value chain.
A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. Idealab continues to explore a range of technology frontiers. mt) Media Temple, Inc.
They were started in affiliation with IdeaLab and were the first-round lead in PayPal. It’s clear that many companies are going to need to understand “authority&# in the social media era. It seems like M&A ebbs and flows through periods of rapid acquisition followed by years of divestitures. businesses.
After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. VP, Strategic Planning at Disney Interactive Media Group. Idealab continues to explore a range of technology frontiers. mt) Media Temple, Inc.
After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. VP, Strategic Planning at Disney Interactive Media Group. Idealab continues to explore a range of technology frontiers. mt) Media Temple, Inc.
We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. VP, Strategic Planning at Disney Interactive Media Group.
Richard Rosenblatt – Demand Media. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. You might know Demand Media better as the people behind Cracked, DailyPuppy, and GolfLink. Bill Gross – Idealab. Matt Coffin – LowerMyBills.com.
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