Demand Media was founded in 2006 in Santa Monica by Richard Rosenblatt, formerly the head of Intermix Media and chairman of MySpace, and Shawn Colo, a private equity specialist.<ref>[http://www.nytimes.com/2010/02/08/business/media/08carr.html?_r=1&8dpc NYTimes.com]</ref> In its first two years, Demand raised $355 million in funding from private investors.<ref>[http://paidcontent.org/article/419-demand-media-raises-another-35-million-total-comes-to-355-million/ paidcontent.org]</ref> | Demand Media was founded in 2006 in Santa Monica by Richard Rosenblatt, formerly the head of Intermix Media and chairman of MySpace, and Shawn Colo, a private equity specialist.<ref>[http://www.nytimes.com/2010/02/08/business/media/08carr.html?_r=1&8dpc NYTimes.com]</ref> In its first two years, Demand raised $355 million in funding from private investors.<ref>[http://paidcontent.org/article/419-demand-media-raises-another-35-million-total-comes-to-355-million/ paidcontent.org]</ref> |