socalTECH

JUNE 3, 2014

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company. READ MORE>>.

Internet Brands 208

Internet Brands El Segundo Equity Acquisition 208

socalTECH

MAY 24, 2016

Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. READ MORE>>.

Capital 172

Capital Funding Clearstone Internet Brands 172

socalTECH

JANUARY 29, 2010

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

Capital 169

Capital Funding OpenX Startup 169

socalTECH

JANUARY 9, 2014

The company recently raised a $750,000 seed round of funding. We spoke to CEO Brian Nickerson --an Internet veteran with time at Yahoo and Internet Brands--about the company and its goals. What did you learn at Internet Brands about these businesses, and how are you applying that here?

Internet Brands 257

Internet Brands Content Startup Sites 257

socalTECH

DECEMBER 9, 2008

San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company. Financial details of the sale were not disclosed.

Rustic Canyon 100

Rustic Canyon Southern California Internet Brands Los Angeles 100

Both Sides of the Table

JULY 1, 2010

He calls it his “Tom Sawyer&# company. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. They raised around $350 million to try and sell cars direct over the Internet. His first commercial enterprise came in college.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

FEBRUARY 22, 2011

I think we've done some of the really exciting companies in LA, including most recently Clicker, Machinima, BUZZmedia, and SVnetwork. We've been quite active, and have had a bunch of acquisitions lately -- including Internet Brands and MySpace -- a total of over 2 billion in acquisition in Southern California.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154