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Los Angeles-based InternetBrands reported its results Thursday, saying that the firm saw record revenues in Q2. According to InternetBrands, 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>>.
Los Angeles-based InternetBrands , 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>>.
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>>.
Scott left the company, which eventually IPO’d and became InternetBrands. 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.
We've been quite active, and have had a bunch of acquisitions lately -- including InternetBrands 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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