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Software Development Companies in Southern California

SoCal CTO

As part of doing that, I've had the opportunity to interact with a wide variety of different chief technical officers from different kinds of companies over those years. This is a private group of CTOs who are responsible for software development within their companies. or focused on industry or type of company.

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Ixia Acquires Net Optics

socalTECH

Calabasas-based network testing equipment and software developer Ixia announced Tuesday that it is acquiring Net Optics , a developer of network and application analysis products. Ixia said it will pay $190M in cash for Net Optics. ixia optics merger acquisition network testing equipment software'

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Magnite Prices $350M Offering

socalTECH

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The company trades as MGNI on the Nasdaq.

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Veritone Picks Up $6.5M In PPP Loans

socalTECH

Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs.

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Snap Sees Daily Active Users Increase In Q2

socalTECH

the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Santa Monica-based Snap Inc. ,

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A heartbreaking story about time and money.

Berkonomics

Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. How about young or pre-revenue companies?

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AppFolio Swizzles CEO

socalTECH

Santa Barbara-based software developer AppFolio announced on Monday afternoon that it has named Jason Randall as the company's new President and Chief Executive Officer, as well as new member of the company's board. AppFolio is a developer of software for the property management industry, legal industry, and elsewhere.