So Facebook just turned 10 years old - and these SoCal companies did, too

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Published on Feb. 06, 2014

In case you missed it, Facebook, the site that has arguably defined an entire generation, turned 10 years old this week. But Facebook isn't the only digital company that celebrated an important birthday (double digits!), quite a few companies right here in LA have made some big impact in that time, too. Here's a quick intro to a few of LA's digital companies that sprung up just around February 2004:

 

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Irvine-based Kareo, a profitable medical SaaS company, has grown its team to about 250 since 2004 and has raised over $80 million. That's because the software's users, namely small practice physicians, are in dire need of a product like Kareo. Simply put, Kareo makes doctors lives easier by helping them get paid by insurance companies and eliminating licensing fees. Just last year, Kareo beefed up its billing offerings by acquiring Las Vegas-based ECCO Health.
 
 

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LeadPoint took off from LA in 2004 as the world’s very first online lead marketplace. The company, which has a team of about 50, faciliates hundreds of thousands of queries to over 3,000 clients. Their business spans North America and Europe with help from their London office as well. Over the past decade, LeadPoint has caught the attention of investors like Menlo Park-based Redpoint Ventures, raising over $23 million to date. In 2011, they also introduced PrecisionAds, an advertising platform designed specifically for advertisers' lead generation problems. 

 

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CPO Commerce has a different take on e-commerce than most LA companies. That's because instead of aiming to sell the hottest shoes to fashionistas (cough, ShoeDazzle), they are selling new and refurbished tools to dedicated DIY customers and professionals. Their e-commerce strategy has landed the company on LA Business Journal's and Inc. Magazine's lists of the fastest-growing companies. Since they launched in 2004, CPO Commerce has grown to over 100 employees, has raised over $2 million in capital and even made an acquistion (of TylerTool.com in 2011) to strengthen its power tool offerings.

 

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