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ReachLocal Up 15 Percent After IPO

socalTECH

Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition. percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00 during the day. percent to 2,204.01.

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Los Angeles Fast 500 Winners Announced

socalTECH

The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.

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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

socalTECH

What's the best way to encourage development of the technology industry in Los Angeles?

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Sizmek Bolsters Digital Advertising Staff In LA

socalTECH

Sizmek , a developer of digital advertising technology, said this week that it has named Patrick Meehan as head of Sales in its Los Angeles office. The company--which is based in New York--has around 40 employees in Los Angeles. Meehan was previously. Director of Agency Sales and Account Management at DoubleClick. READ MORE>>.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Los Angeles. I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. People either love it our hate it.

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Demand Media Market Cap Huge, But Green Dot Still Bigger

socalTECH

The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. RealD (RLD) was third with $1.27B in market cap, followed by ReachLocal (RLOC) with $630.6M.

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Southern California Linked IPOs Grow

socalTECH

Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.