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Cornerstone OnDemand Jumps In IPO Debut

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Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. after its IPO debut a $13.00 MaxLinear, Green Dot, and ReachLocal. READ MORE>>.

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SoCal Firms Still Lined Up For IPOs

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10 of the 44 venture-backed companies currently filed to go public are from Southern California, according to an analysis today from the Wall Street Journal. venture-backed companies currently filed for an IPO, with 10 from Southern California and 13 from Silicon Valley. According to the report, there are 44 U.S.,

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

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billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. A new report released today tallies up $7.7 The exit was the eighth highest in the database, according to Ocean Road Partners.

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Demand Media Prices IPO, Begins Trading Today

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Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

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IPO Market Surpasses 2008, 2009, According to Report

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PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S. PwC did not detail specific IPOs, however, Southern California's technology industry has seen its own share of IPOs this year, including RealD, Inphi, and Green Dot.

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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've created over a billion dollars in public market capital created by our investments here. We really believe in the market.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. Snap hopefully will be one, or is one already, and Cornerstone OnDemand, and what Brian Lee has done.