socalTECH

OCTOBER 28, 2008

Los Angeles-based Internet Brands disclosed Tuesday as part of its earnings report that the firm has purchased two web sites, BensBargains.net, and GrooveJob.com. The firm also said it has acquired another unnamed site, which was completed subsequent to Q3. on those web site buys. on those web site buys.

Internet Brands 100

Internet Brands Web Acquisition Sites 100

socalTECH

APRIL 7, 2010

The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., operator of media site Qlipso , according to a report from VentureWire. Tags: qlipso 2peer acquisition merger veoh. Details on the sale have not been released. READ MORE>>.

Veoh 145

Veoh Report Entertainment Sites 145

socalTECH

JUNE 14, 2012

Yammer , the business focused micromessaging service which started as an offspring of Los Angeles-based family tree and genealogy site Geni , is reportedly in the last legs of a deal to be acquired by Microsoft for more than $1 billion. According to Bloomberg and other sources, the deal is expected to be announced as early as Friday.

Yammer 150

Yammer Geni Report Los Angeles 150

socalTECH

FEBRUARY 29, 2012

Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Brian Lee now heads up fashion site ShoeDazzle. Reuters, citing sources close to the firm, said the filing is expected in coming weeks.

Legalzoom 154

Legalzoom Report Glendale Southern California 154

socalTECH

NOVEMBER 10, 2022

The report--from Bloomberg--said that the new rules kick in immediately. In more continuing turmoil at Twitter, new owner Elon Musk is reportedly ending the ability to work remotely at the social media company, and is demanding employees put in "at least" 40 hours in person at the office each week.

Demand 113

Demand Social Media Report Sites 113

socalTECH

JULY 22, 2011

In the latest rumor swirling around Los Angeles-based video streaming site Hulu , a number of reports last night say that Apple Computer is now bidding for the firm. The report came from Bloomberg, which cited "two people with knowledge of the auction". READ MORE>>.

Hulu 178

Hulu Report Yahoo Google 178

socalTECH

JUNE 28, 2011

Multiple reports today say that once lofty social networking site MySpace is now being set to be sold by News Corp. for as little as $20M to $30M. Irvine-based Internet advertising network Specific Media and Golden Gate Capital are among the rumored bidders for MySpace. READ MORE>>.

Report 187

Report Social Network News Advertising 187

socalTECH

AUGUST 23, 2011

Los Angeles-based matchmaking site eHarmony is approaching a redemption deadline from its last venture funding round, according to a report today from Reuters. However, it is apparently a rare event in the venture capital business to run into a redemption rights deadline, according to the report. READ MORE>>.

eHarmony 181

eHarmony Report Venture Capital Los Angeles 181

socalTECH

JUNE 2, 2010

A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. According to the San Diego Union Tribune, SDNN has let go of some of its staff, but is still updating the site. READ MORE>>.

San Diego 145

San Diego News Networking Report 145

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Blip operates an online, video site focused on webseries. Financial details of the acquisition have not been announced. bliptv blip acquisition merger content network youtube studios maker' READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

socalTECH

JULY 26, 2011

California is currently leading in terms of the number of IPO registrations, as the IPO market has reached a new high, according to a report released today. According to a report from Ernst & Young, the second quarter of 2011 saw 140 potential IPOs, representing $23.7

Report 176

Report Southern California Sites Marketing 176

socalTECH

FEBRUARY 11, 2010

San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Tags: veoh networks merger acquisition bankruptcy failure. Veoh had raised over $67.5M READ MORE>>.

Veoh 172

Veoh SoCalTech Report San Diego 172

socalTECH

JUNE 21, 2011

A number of reports Tuesday afternoon says that Santa Monica-based streaming video site Hulu is up for sale. According to the Wall Street Journal, the firm was approached by an unsolicited offer to be acquired. Details on potential buyers has not be disclosed or uncovered. READ MORE>>.

Hulu 140

Hulu Sales Report Santa Monica 140

socalTECH

DECEMBER 21, 2010

Los Angeles-based Hulu , the online television streaming site, is dropping its plans to pursue an IPO, according to a report today from from the WSJ. Hulu had been among the Southern California companies looking to file an IPO. READ MORE>>.

Hulu 150

Hulu Report Southern California Content 150

socalTECH

DECEMBER 4, 2013

Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. Nazar said that Docstoc''s vision is to be the ultimate destination and resource site for small businesses as part of Intuit. documents business acquisition merger intuit docstoc'

Rustic Canyon 239

Rustic Canyon Santa Monica Resource Acquisition 239

socalTECH

APRIL 26, 2012

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion. No details on the deal have been announced. Hulu's other owners are Walt Disney Co., Comcast Corp.,

Hulu 157

Hulu Equity Report News 157

socalTECH

AUGUST 22, 2013

Orb said in a post on its site that its technology had been acquired by "one of the large strategic partners" it has been working with. Orb did not name the buyer, however, a report from GigaOm has identified Qualcomm as the buyer, and says the acquisition actually came in May. READ MORE>>.

Networking 138

Networking San Diego Acquisition Media 138

socalTECH

FEBRUARY 17, 2016

Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. News of the acquisition first came from GeekWire, a Seattle area news publication. Financial details of the deal were not announced. READ MORE>>.

Hulu 100

Hulu Artificial Inteligence News Acquisition 100

socalTECH

FEBRUARY 5, 2016

Los Angeles-based Represent , a social commerce startup which helps influencers and celebrities sell T-shirts and merchandise to their fans, has been acquired by custom T-shirt site CustomInk. Financial terms of the acquisition were not announced, however, reports place the acquisition at around $100M.

Social Media 100

Social Media Commerce Acquisition Los Angeles 100

socalTECH

MAY 7, 2013

The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site.

Demand 183

Demand Media Santa Monica .Net 183

socalTECH

JUNE 23, 2011

Further details on the potential sale of Los Angeles-based video streaming site Hulu continue to emerge, with the firm reportedly retaining investment bankers Morgan Stanley and Guggenheim Partners to represent it in a sale. The names of the bankers was uncovered by the Los Angeles Times, citing "people familiar with the matter".

Hulu 140

Hulu Sales Report Los Angeles 140

socalTECH

JUNE 3, 2013

Bidding for Los Angeles-based video streaming site Hulu is heating up, with the latest numbers being leaked on a deal saying that the company has received three bids worth at least $1 billion. hulu directv video streaming merger acquisition content' Hulu is being advised by Guggenheim Partners in an auction of the company. READ MORE>>.

Hulu 153

Hulu Content Acquisition Los Angeles 153

socalTECH

OCTOBER 3, 2011

Los Angeles-based StyleSpot , an online fashion and social shopping site founded by Rafi Gordon and Alex Amin, has been acquired by Kaboodle , the online social shopping site owned by Hearst Corp. Kaboodle announced the acquisition late Friday. Financial terms of the acquisition were not disclosed.

Idealab 168

Idealab Acquisition Sites Research 168

socalTECH

DECEMBER 23, 2010

A report today says that the latest updates to Demand Media's S-1 are a result of government scrutiny over how the firm is accounting for content developed for its sites.

Demand 145

Demand Media Report Content 145

socalTECH

JUNE 17, 2010

Studio City-based private equity firm Criterion Capital Partners is the buyer of AOL's distressed Bebo social networking site, AOL confirmed today, after widespread reports that AOL would be selling the firm. Criterion said the acquisition and financing was led by Levin, in partnership with Paul Abramowitz and Richard Hecker.

Capital 159

Capital Studio City Social Network Acquisition 159

socalTECH

SEPTEMBER 26, 2013

Los Angeles-based e-commerce site JustFab announced this morning that it has raised another $40M in funding in a Series C funding. The new funding comes just a few short weeks after the acquisition of ShoeDazzle by JustFab. The company is reporting it will be just shy of $400M in revenues this year. READ MORE>>.

Commerce 138

Commerce Venture Capital Los Angeles Acquisition 138

socalTECH

JUNE 29, 2011

The acquisition of MySpace has been rumored for months, as the site transitioned into a music- and celebrity-oriented site after failing to gain ground against Facebook. According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal. READ MORE>>.

Media 140

Media Social Network News Advertising 140

socalTECH

AUGUST 24, 2010

Los Angeles-based social networking site MySpace has acquired Threadbox , a developer of email messaging software, according to Threadbox. Rumors of the acquisition had first been reported in July. Tags: myspace threadbox email software messaging merger acquisition. Financial details of the buy were not disclosed.

Email 167

Email Social Network Acquisition Los Angeles 167

socalTECH

OCTOBER 17, 2011

Irvine-based Local.com has scored a patent out of its acquisition of Krillion , in April, the firm reported this morning, after the U.S. Krillion's site offers up a product search service which show prices and availability of products in local stores based on a user's location.

Patents 174

Patents Pricing Acquisition Report 174

socalTECH

JULY 30, 2010

Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. Internet Brands--which has been an aggressive acquirer of web sites--also revealed that it acquired six websites in Q2, for a total of $8.6M. Tags: internetbrands internet brands merger acquisition. in Q2 of 2009.

Internet Brands 160

Internet Brands .Net Acquisition Web 160

socalTECH

OCTOBER 2, 2009

Irvine-based Local.com , which runs a local business search site and network, reported this morning that it was the victim of a bogus press release last night, claiming that the firm had been acquired by Microsoft. The false release came from site WiredPRNews.com and showed up on Google News. Local.com is publicly traded.

Press 140

Press News Acquisition Google 140

socalTECH

DECEMBER 15, 2009

Santa Monica-based Demand Media has been sued by Chip Meyers, the founder of Mania.com, according to a report today from paidContent.org. from Demand, over Demand Media' acquisition of his site in 2007. Tags: demand media lawsuit chip meyers mania merger acquisition legal.

Demand 133

Demand Media Santa Monica Acquisition 133

socalTECH

MAY 30, 2012

Pasadena-based Punchcard , the Idealab startup working on mobile loyalty applications, reported this morning that it is in a joint partnership with KDA Group , a local marketing agency, and mobile-local ad network xAd.

Networking 154

Networking Marketing Idealab Pasadena 154

socalTECH

OCTOBER 19, 2009

Burbank-based Be Jane , the angel funded, online home improvement site focused on women, told its users that it has sold the web site to an undisclosed buyer, according to reports. The site had seen some turmoil after the founders of the firm departed, and investors installed their own management last year.

Newsletter 150

Newsletter Burbank Sites Content 150

socalTECH

FEBRUARY 24, 2009

Los Angeles-based Internet Brands announced its fourth quarter and fiscal 2008 results, reporting that--despite the recession--the firm saw an increase in its fourth quarter revenues of 8%, or $27.0M The firm also reported it had acquired GrooveJob.com, which it had previously announced back in October. versus $24.9M a year ago.

Internet Brands 124

Internet Brands Acquisition Web Sites 124

socalTECH

SEPTEMBER 17, 2010

Irvine-based Autobytel , which runs an online information site for automotive information and a corresponding automotive leads business, said this morning that it has acquired substantially all of the assets of Cyber Ventures, Inc. Autobytel said the acquisition would extend its core growth and margin-enhancement strategy. READ MORE>>.

SoCalTech 133

SoCalTech Acquisition Content Report 133

socalTECH

JUNE 30, 2009

Irvine-based local search site Local.com reports this morning that the firm has scored a $10M, revolving line of credit from Square 1 Bank. According to Local.com, it will use the funding for potential acquisitions and to fund strategic growth initiatives. READ MORE>>.

Sites 100

Sites Acquisition Report Networking 100