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A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. RayTracker was also based in Pasadena, but was acquired in January by solar panel firm First Solar. RayTracker was also based in Pasadena, but was acquired in January by solar panel firm First Solar.
Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. The firm so far has signed up a number of restaurants in the Pasadena area. What is Foodme all about? How do users do that?
Pasadena-based Green Dot , the provider of prepaid credit cards, has upped its IPO offering size, saying in a filing with the SEC Monday afternoon that it will now offer 4,170,827 shares of its stock in its IPO, up from 3,850,000 shares in its prior documents. Green Dot has indicated it will price at between $32 to $35 a share.
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 per share estimated price.
per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 Tags: reachlocal advertising small business exit merger acquisition. Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 during the day. READ MORE>>.
RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M Tags: financing public market acquisition merger reald. With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. shares of its common stock.
Pasadena-based payment services provider DoubleBeam said Friday that it has acquired GoPago , a provider of e-commerce solutions for merchants and mobile payment products. ecommerce mobile payment acquisition merger gopago doublebeam' Financial terms of the buy were not announced. READ MORE>>.
The rumors came despite early--and incorrect--reports that TweetDeck had been acquired by Pasadena-based UberMedia , the Twitter client software firm headed by Idealab's Bill Gross. Financial terms of the deal were not disclosed, however, reports place the acquisition around $50M. READ MORE>>.
San Luis Obispo-based MINDBODY priced its IPO last night at $14.00 Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. per share, at the midpoint of its initial estimated trading range of $13.00 READ MORE>>.
GEVO priced at the high end of its estimated pricing range of $13 to $15, selling 7.5 Gevo was originally based in Pasadena, and was venture backed by Khosla Ventures and Virgin Fuels. The stock was trading as high as $17.50 in morning trading. million shares of its common stock.
A UK-based firm running an online price comparison shopping site said today that it has acquired the domain name Top10.com com from Pasadena-based Idealab , in a deal worth over $1M. Tags: idealab domain name top10 merger acquisition domainer. According to the firm which acquired the domain--which is rebranding itself as Top10.com
Los Angeles-based Oversee.net has acquired Pasadena-based Crashworks , the developer of the photo-based city guides. The LABJ reports the acquisitionprice was "below $1 million". oversee crashworks crash city guides photo merger acquisition idealab' Financial terms of the buy were not disclosed. READ MORE>>.
Everbridge , a developer of emergency notification tools which was founded and still has major operations in both Glendale and Pasadena, has had an IPO, raising $90M for the company and marking another major, SoCal linked technology startup exit in what has been a busy year for deals. per share, after pricing at $12.00 and $13.00
Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday. Tags: southern california merger acquisition gdot reald.
The filing comes on the heels of Demand Media 's kickoff of its roadshow to Wall Street on Wednesday, after it set an initial pricing range on its own IPO offering. The filing of an IPO by Los Angeles-based Boingo Wireless on Friday seems to indicate the interest in public markets by venture-backed, Southern California firms has not abated.
The assets of Pasadena-based Energy Innovations are set to go up for auction on March 20th, according to auctioneer Heritage Global Partners, as the firm continues to wind down. READ MORE>>.
Pasadena-based online vitamins, minerals, and supplements seller iHerb said last week that it has submitted a a draft registration statement on Form S-1 with the Securities and Exchange Commission, ahead of an initial public offering (IPO). The size of the IPO, pricing, and other details of the IPO were not announced.
skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.
for the company if its prices at the high range. Companies in the IPO process will set an IPO trading range around the same time as they are on their institutional road show, to test interest from investors, before the actual pricing of the IPO. Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels.
He said it was better than the Yellow Pages because he would provide pricing transparency. IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. If it worked in the Yellow Pages, why not on the Internet? So he launched a company with exclusively paid search.
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. Price: $15 (Early Bird).
Crowd Seats gets you in the crowd for your favorite games with ticket prices 50-90% off face value! Where: Baxter Hall | CalTech 1200 E California Blvd Pasadena, CA 91125. Price: $25 (Early Bird). Followed by a FREE cocktail and apps reception for all attendees. Event Details. When: Thursday, February 2, 2012 – 7:00 p.m.
After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. Where: CalTech 1200 E California Blvd Pasadena, CA 91125. Price: $25 (Early Bird). Dinesh earned his B.S. in Computer Science and his MBA from UC Irvine. Howard Marks , Co-Founder at Activision / StartEngine. Event Details. to 10:00 p.m.
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