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Internet Brands Revenues Grow In Q2

socalTECH

Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.

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SheKnows Bumps Into Largest 50 Web Properties

socalTECH

Online women's publishing site SheKnows has bumped into the 50 largest web properties in the U.S., the site said this week. Citing numbers from th ecomScore July 2012 report, the Los Angeles-based site--which is part of AtomicOnline--said it now has nearly 25 million readers. READ MORE>>.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott left the company, which eventually IPO’d and became Internet Brands. A demand side advertising platform which allows advertisers to bid on individual ad impressions in real time, based on the site and who would see it. Total raised: $125mm See: TechCrunch.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

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. On Demand enterprise, and consumer software-as-a-service is also very interesting to us. We really believe in the market.

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