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04|15|2010 09:50 pm EDT

Demand Media Investigating IPO with the help of Goldman Sachs

by Frank Michlick in Categories: News

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According to an article in the Financial Times, Demand Media has hired Goldman Sachs to explore an initial public offering. The company, founded by the former chairman of Myspace, Richard Rosenblatt, owns registrars eNom, BulkRegister, parking company Hotkeys and operates the NameJet drop catching site in partnership with Network Solutions. Aside from owning a domain portfolio, which includes a large number of expired domain names, the company also runs a user generated content production service called Demand Studios. The content is then published on Demand’s websites, such as eHow. The company’s freelance workers produce about 4,000 video clips and articles per day.

03|27|2008 02:38 am EDT

Demand Media raises an additional $35 million

by Frank Michlick in Categories: News

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Demand Media LogoAccording to a report by PEhub, Demand Media has raised another $35 million USD in series D financing. Richard Rosenblatt’s company has now raised $355 million in total VC funding since its March 2006 founding.