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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. PwC tallied up 154 IPOs completed this year so far, raising $37.5
Irvine-based Ingram Micro is taking aim at users of Microsoft's end of life Microsoft SQL Server and Windows Server 2008 products, saying it has launched a new program to help migrate those products to Microsoft Azure. Pricing on the new offering was not announced.
The company said it filled nearly 200 jobs from 2008 to 2011, tops in the Education industry. Lynda.com , the site which helps people learn software and other skills from online videos, has been recognized for its job creation, the firm said Friday, ranking number 1 in job creation in education by Inc.
Torrance-based Swagbucks.com , an online site which allows users to earn virtual currency or other rewards from taking actions online, has now given away $15M in prizes since its launch in 2008. The site--which is headed by Scott Dudelson--also said it is on track to have $25M in revenues this year.
Moriarty is an active investor and advisor to many of LA''s startup companies and headed up Ticketmaster Entertainment from 2000 to 2008, including heading up that company''s spinout from IAC/InterActiveCorp and its IPO. Moriarty''s investments include TuneIn.com, Eventbrite, and Metacloud, and Triton Digital.
Conroy was on the board of Sotheby's from 2016 to 2019, and also had served as MGM's President of Digital from 2016-2018, Univision's Chief Strategy and Data Officer from 2009-2016, and AOLs EVP for Product and Marketing from 2001-2008. Acquicent is led by founder and CEO Anthony Citrano. READ MORE>>.
The two said that ReachLocal launched in the UK in 2008, and has offices in London, Manchester, and Birmingham. Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, announced this morning that it has been recognized by the British Government for its efforts in the UK.
Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. Citing "sources familiar with the deal", CNET said that Rhapsody is interested in acquiring Napster from Best Buy, but did not disclose if the deal was in discussions, in progress, or has closed. READ MORE>>.
The report, based on data from January 2008 to 2009, found the Los Angeles Area had 23 percent of green employment in the state, and 22 percent of green businesses. According to data released by the group, job employment in the green sector grew three times faster than total employment in California, accounting for 174,000 jobs.
uSamp is Lavin and Dusig's second panel firm; they sold their last firm, Greenfield Online, to Microsoft in 2008. Kiplinger is a publisher of financial advice. uSamp said it has previously built custom panels for J.D. Power and Associates, Buzzback Market Research, and others. READ MORE>>.
He first came to see me in 2008 when we was raising money for his 1st startup – NextMedium. At every entrepreneur event I through between 2008-2012 I invite Hamet because he was a great mentor for entrepreneurs. I’ve known Hamet for 5 years. It doesn’t take a rocket scientist to see the problems in this structure.
Aptera had been attempting to gain funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program, after initially failing to be qualify in 2008 for the program due to having three, not four wheels. READ MORE>>.
We failed because the economy has drastically fallen since 2008, particularly in the consumer sector. Since 2008, the company has been forced to lower it’s prices, from $120/hour to $80/hour. From 2008 to 2011, the company paid its own bills, we were cash flow positive and we believed we could maintain this trend indefinitely.
The successful delivery of Doohan's ashes to space help bring the effort to a close, after an earlier failure in August of 2008, when one of SpaceX's early launches failed with a portion of James Doohan's ashes on board. SpaceX successfully launched at 3:44 a.m. ET this morning.
United Online bought FTD back in April of 2008, in a bid to diversify beyond its dialup internet businesses such as NetZero and Juno, and also to apply its expertise in online marketing to FTD's businesses. READ MORE>>.
The firm was founded in 2008. According to Coupa Software , it will use the buy to expand its domain expertise and leadership in the area of expense management. Xpenser was founded and was headed by Parand Tony Darugar, who has become General Manager, Expenses, at Coupa. Financial details of the buy were not disclosed.
Oversee.net had acquired Moniker in January of 2008, and SnapNames in June of 2007. According to Oversee, the sale helps it to focus on its core monetization and vertical markets division. KeyDrive S.A. is a provider of domain registration, monetization, and aftermarket services based in Luxembourg. READ MORE>>.
Elevance was spun out of Materia in 2008, in a partnership with Cargill, Incorporated. Elevance said it is looking to raise up to $100M on the NASDAQ Global Market under the symbol ERSI. The IPO is being underwritten by Morgan Stanley, J.P. Morgan, Jeffries, Piper Jaffray, and Raymond James.
Gevo moved to Colorado in 2008, due to what CEO Pat Gruber attributed to issues with local permitting and regulations, in an interview with socalTECH at that time. Gevo is venture backed backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, and the Malaysian Life Sciences Capital Fund.
Padnos sold BetterPPC in September of 2008 to Tsavo Media, the startup which was started by current MySpace president Michael Jones. sued NBC Universal after it agreed to buy the domains for $1M via Sedo, but NBC pulled out of the deal.
Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. According to the two, the deal is expected to close on or around November 30th. Rhapsody said the deal will "further extend Rhapsody's lead" over competitors. READ MORE>>.
PromoJam was founded in 2008 by brother and sister Matt and Amanda MacNaughton. The round was led by Golden Seeds, and also included the Band of Angels. According to the company, the new round will go towards growing its social marketing software, plus expansion of sales and marketing.
Swagbucks has been offering up its rewards since February of 2008. Swagbucks says that it now has more than 50 employees at the firm, and is on the cusp of launching a new "Shop & Earn" portal to let customers shop at brand-name e-commerce stores and earn rewards through the process. READ MORE>>.
Jason’s inspiration for this 6 ½ minute talk was a blog entry he wrote in 2008, which went viral within the startup community. As part of UC Santa Barbara’s Distinguished Lecture Series, Jason Nazar, Co-Founder and CEO of Docstoc , recently shared ten lessons that emerging entrepreneurs can learn from superheroes.
Among the highest ranked in the annual program was OpenX Software , based in Pasadena, which had a 44,075% five year growth rate, which was ranked at number 5 in the nation, based on its fiscal revenue growth rate from 2008 to 2012.
E-commerce spending has been rising since Q4 of 2009, after stalling out over issues with the economy in 2008 and early 2009. The latest numbers out of comScore , which measures e-commerce spending and Internet traffic, find that U.S. retail e-commerce spending rose 13 percent, year-over-year, to $36.3 billion in Q3 of 2011.
ReachLocal has been active in Canada since 2008, and in Germany since 2011. Continuing its international expansion, Woodland Hills-based ReachLocal , which helps local businesses market themselves online through paid search marketing and other advertising, said it has opened up new offices in Canada and Germany. READ MORE>>.
Yammer had been started in Los Angeles in 2008, but later moved to Silicon Valley. Yammer , the business focused micromessaging site patterned after Twitter, and spun out of Hollywood-based genealogy site Geni , has been acquired by Microsoft for $1.2 billion in cash, Microsoft confirmed Monday. The deal had been disclosed earlier via rumors.
Los Angeles-based streaming television site Hulu said Wednesday that it will reach $1 billion in revenue this year, up from the $695M in revenues it had in 2012, and also now has 5 million subscribers on its Hulu Plus premium service, six years after the company''s launch in 2008.
Gaikai was founded in 2008, and had raised around $45M in funding. Aliso Viejo-based Gaikai has been acquired by Sony , in a deal worth $380M, Sony announced early Monday morning. According to Sony, the deal, which was signed June 30th, help SCE establish a cloud service and expand its network business.
Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).
The group said it found that since 2008, 54% of UCLA's engineering graduates have chosen to relocate from the area, which the group called a "brain drain" to the region. The group also said it plans to launch a new program called the Edge.LA READ MORE>>.
The move comes two years after GigaOm acquired paidContent from former owner Guardian Media, which had purchased paidContent from Ali in 2008. In a post to readers , paidContent said it will be closing down the paidContent website, and moving all of its content over to GigaOm.
Assistly is the second successful exit for Bard, who sold his last startup, Goowy, to AOL in 2008. Salesforce.com said that Assistly, which provides an easy to set up customer support system for small and medium sized businesses, would go towards bolstering its product lineup. Assistly had announced only around $3.0M
The firm moved its headquarters to LA in 2008. Total Immersion has won a number of similar augmented reality deals since it placed its headquarters in Los Angeles, including powering a promotion with McDonalds over the 3D film Avatar, augmented reality baseball cards from Topps, and deals with such firms as Mattel and Nike. READ MORE>>.
Padnos is a serial entrepreneur, who sold his last startup, BetterPPC, in September of 2008 to Tsavo, the media startup headed by current MySpace head Michael Jones. DONE claims that NBC agreed to sell the two domains via Sedo, but backed out in the last minute on the sale. READ MORE>>.
Frost is well known for founding DATAllegro, which he successfully built and sold to Microsoft for $275M in 2008. The company describes itself as a "new kind of technology incubator" on its web site, and says it is focused on big data and cloud companies. READ MORE>>.
And so it happened that between 2000-2008 I was the biggest buzz kill at dinner parties. Remember it was only 2008 where Microsoft and even Google were laying off employees. While many of my friends bragged about their 5 condos in Florida I kept talking about how the real estate market was in a bubble – their gains an illusion.
According to the BLackstone Charitable Foundation, it believes its efforts have the potential to generate some 1,400 new ventures in California over the next five years.
The increase in sales bring the overall growth in the e-commerce sector closer to the gains the sector was seeing in 2007 and early 2008, before the sector was impacted by the economic downturn. The sales numbers are the fifth consequtive quarter of year-over-year growth, and the second quarter of double-digit growth in the past year.
Rosensweig sold PeopleSupport to Aegis back in 2008. Los Angeles-based Wi-Fi and small cell provider Boingo Wireless announced Thursday afternoon that it has added Los Angeles technology veteran Lance Rosenzweig as a new member of the company''s board of directors. Rosenzweig also sites on the boards of Quality Systems Inc. and Apptera Inc.
ServiceNow, which develops enterprise IT automation software, said that it was the number one company in the software industry in the listing of Top 100 job creators in the list, due to job growth of 880 percent between 2008 to 2011. The company added 792 jobs during the three period.
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