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The IPO this week of Santa Monica-based DemandMedia 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 DemandMedia's (DMD) $1.4
Santa Monica-based DemandMedia surged in its IPO debut Wednesday morning on the NYSE, rising as high as $25.00 DemandMedia, which is headed by Richard Rosenblatt, operates a network of content focused sites, including LiveStrong.com and eHow. DemandMedia is now trading on the NYSE as DMD. READ MORE>>.
Santa Monica-based DemandMedia 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 DemandMedia had initially filed for its IPO in August. Zogenix, Green Dot, MaxLinear and ReachLocal.
Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Santa Monica-based DemandMedia , the Internet content publishing run by Richard Rosenblatt, also is widely expected to be in the process of filing for an IPO. The firm sold 4,166,667 shares of stock at $13.00
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.
The filing comes on the heels of DemandMedia '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. ,
The latest firms with Southern California connections to file for an IPO are REVA Medical, Gevo, and DemandMedia; recently IPOs have been Green Dot, RealD, Trius Therapeutics, and ReachLocal. Tags: hulu merger acquisition exit media content hollywood video. READ MORE>>.
The firm is just the latest in a string of well received IPOs in Southern California, including DemandMedia, RealD, Inphi Corp., MaxLinear, Green Dot, and ReachLocal. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. READ MORE>>.
Currently, Los Angeles-based DemandMedia , 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>>.
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.
The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, DemandMedia, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).
Other firms currently in registration include Santa Monica-based DemandMedia ; 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.
547% Pasadena Tom Lamb 186 Kyriba Corporation 482% La Jolla Jean-Luc Robert 189 MINDBODY 471% San Luis Obispo Rick Stollmeyer 195 ReachLocal, Inc. Ashour 328 ACTIVE Network 231% San Diego Matt Landa 330 (mt) Media Temple 230% Culver City Demian Sellfors 346 MyLife.com 219% Los Angeles Jeffrey Tinsley 369 Endologix, Inc. Frost, Ph.D.
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.
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, DemandMedia, Zogenix, Cornerstone OnDemand, and Nexsan, not to mention a number rumored but not yet filed.
This upcoming Splash will showcase 10 up-and-coming startups, prominent VCs and founders of the leading LA-based companies - DemandMedia and ReachLocal. Hear Shawn Colo, co-founder and EVP of MandA at DemandMedia, share his lessons and advice on building Demand from scratch in 2006 to one of this year's hottest IPOs.
Wergeles also had served as Chief Legal Officer at ReachLocal during that company's IPO. According to the company, Adam Wergeles joined the company to serve as General Counsel and Executive Vice President, joining the company from Serviz, where he had been Executive Vice President, Business and Legal Affairs, and General Counsel.
The event includes keynotes from Shawn Colo, co-founder of DemandMedia, one of the hottest IPOs of this year, Zorik Gordon, co-founder and CEO of ReachLocal, one of the hottest IPOs of 2010. TechZulu is hooking you up with a special discount! Use code techzulu30 <—click for discount.
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