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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

A new report released today tallies up $7.7 The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Compared with 2010, the report found an increase of 296 percent over exits in 2010, when $2.6 billion in liquidity was generated in the sector.

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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.

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Santa Monica’s Cornerstone OnDemand Launches New Products

LATechDigest

Santa Monica-based talent management software firm Cornerstone OnDemand announced the launch of its suite of people analytics products at its annual Convergence Conference.

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SoCal Firms Still Lined Up For IPOs

socalTECH

According to the report, there are 44 U.S., Southern California has been very active in the IPO arena, with successful IPOs recently of Cornerstone OnDemand , Demand Media , and Inphi Corp. venture-backed companies currently filed for an IPO, with 10 from Southern California and 13 from Silicon Valley.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

He built & IPOd Demand Media. But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. He built & sold iMall in Internet 1.0 for $565 million to Excite. He led and sold MySpace to Fox for $650 million.