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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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Demand Media Files For IPO

socalTECH

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. For the year ended December 31, 2009, the firm had a net loss of $21.9M The filing indicates that the total venture capital funding by Demand Media now totals $373.75M, across four rounds of funding.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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RingRevenue Partners With LeadClick Media

socalTECH

Santa Barbara-based RingRevenue , the pay-per-call technology provider run by Jason Spievak , has linked with lead generations firm LeadClick Media , the firm said Thursday afternoon. The firm said that LeadClick Media, which is a subsidiary of First American Corp., LeadClick has been piloting Ring Revenue's products since mid-2009.

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Demand Media Reports Profit

socalTECH

Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. Demand Media said it had revenues of $73.6M in revenues from Q4 of 2009. in a loss in Q4 of 2009. in a loss in Q4 of 2009.

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Evolve Media Buys RealityTea.com, WebEcoist.com

socalTECH

Los Angeles-based Evolve Media Corp. , the parent firm of AtomicOnline, SheKnows, and a network of other digital media sites, announced this morning that it has acquired two sites-- RealityTea.com , focused on reality entertainment, and WebEcoist.com , a green living site. Financial terms of the acquisition were not disclosed.

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Tsavo Media Sold For $75M

socalTECH

Los Angeles-based online media firm Tsavo Media , which was founded by Mike Jones, founder of Userplane and current co-President of MySpace, has been sold for $75M to a Canadian firm. Tags: tsavo media merger acquisition content publishing software. Tsavo was backed by American Capital. READ MORE>>.

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