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Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Santa Monica-based Demand Media , the Internet content publishing run by Richard Rosenblatt, also is widely expected to be in the process of filing for an IPO. percent after its IPO Thursday, closing at $14.98, up $1.98.
The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. billion, compared to Demand Media's (DMD) $1.4
Santa Monica-based Demand Media surged in its IPO debut Wednesday morning on the NYSE, rising as high as $25.00 Demand Media, which is headed by Richard Rosenblatt, operates a network of content focused sites, including LiveStrong.com and eHow. Demand Media is now trading on the NYSE as DMD. in morning trading. READ MORE>>.
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 Demand Media had initially filed for its IPO in August. Zogenix, Green Dot, MaxLinear and ReachLocal. and Generation Partners.
Currently, Los Angeles-based Demand Media , San Diego's Zogenix , City of Industry-based NewEgg , Los Angeles-based GameFly , San Diego-based Reva Medical , Westlake Village-based Inphi Corp , and Thousand Oaks-based Nexsan are among the local technology firms waiting to reach the public markets. READ MORE>>.
which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. Other recent IPOs with Southern California roots include Inphi Corp.
So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs. Tags: merger acquisition.
The latest firms with Southern California connections to file for an IPO are REVA Medical, Gevo, and Demand Media; recently IPOs have been Green Dot, RealD, Trius Therapeutics, and ReachLocal. Tags: hulu merger acquisition exit media content hollywood video. READ MORE>>.
Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp. Firms which have successfully reached the public markets include Pasadena's Green Dot , Beverly Hills-based RealD , Woodland Hills-based ReachLocal , Carlsbad-based MaxLinear , and Pasadena-based Genmark Diagnostics.
The filing comes on the heels of Demand Media 's kickoff of its roadshow to Wall Street on Wednesday, after it set an initial pricing range on its own IPO offering. and ReachLocal. Firms which successfully reached the markets in the past year include Green Dot , RealD , Maxlinear , Inphi Corp. ,
In recent months, Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear also have managed to reach the markets via an IPO, and there are at least seven other Southern California companies waiting in the wings for the public markets. Tags: southern california merger acquisition gdot reald.
The firm is just the latest in a string of well received IPOs in Southern California, including Demand Media, RealD, Inphi Corp., MaxLinear, Green Dot, and ReachLocal. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. READ MORE>>.
Inphi joins such firms as Green Dot , RealD , ReachLocal , and MaxLinear who have reached the markets so far this year. Southern California has a large number of firms still in registration for an IPO, including GameFly, Demand Media, Zogenix, Cornerstone OnDemand, and Nexsan, not to mention a number rumored but not yet filed.
The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).
Sherman Oaks-based Serviz , the on-demand home services company founded by serial entrepreneurs Zorik Gordon and Michael Kline, has been acquired by Porch , another online marketplace for home services. Financial terms of the acquisition were not announced. Gordon and Kline previously founded ReachLocal. READ MORE>>.
In a world awash with on-demand startups, Los Angeles-based Serviz (www.serviz.com) stands out--not because of the market segment it is tackling, but because it was founded by two, very experienced serial entrepreneurs-- Zorik Gordon and Michael Kline. Zorik Gordon: We incubated this at ReachLocal, and spun it out in February of last year.
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