socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

FEBRUARY 5, 2009

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services.

Zag 100

Zag Invest CarsDirect Venture Capital 100

Both Sides of the Table

MARCH 17, 2010

Los Angeles. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. TechCoast Angels backed GreenDot should be a major IPO this year. People either love it our hate it.

Company 290

Company Companies Technology Startup 290

socalTECH

JUNE 17, 2009

Greg Brogger: Where we're starting today, is angel investors and founders--the senior management team of the company. We co-founded Zag together, and I was the COO of CarsDirect. We put together a group of angels we'd worked with in the past, put some money to work, and prototyped some companies.

Startup 124

Startup Zag Venture Capital Equity 124