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Ixia Shuffles Sales Execs

socalTECH

Calabasas-based Ixia is in the midst of a sales team shuffle, saying in its quarterly report that it is naming Patti Key as Senior Vice President, Global Sales, with current sales VP Hans-Peter Klaey leaving the company. Ixia said that the firm and Klaey have "mutually agreed" for him to step down from the position.

Sales 100
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Ecommerce Sales In Q4 Breaks Records

socalTECH

The firm, which measures retail e-commerce sales, said the sales were up 11 percent versus a year ago. The continued growth is a welcome change from the last two years, when e-commerce sales actually dipped into the negative numbers for several quarters, after consistent, double digit sales gains every quarter.

Sales 179
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How RxVantage's IT Software Aims To Automate A $20B Market

socalTECH

RxVantage (www.rxvantage.com), based in Los Angeles, is looking to tackle that huge market with its medical scheduling software for pharmaceutical and medical sales reps and medical offices, and is venture backed by Slater Technology Fund and Javelin Venture Partners. The offices are pretty adept at the software game at this point.

Marketing 231
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Demand Media Sells Pluck

socalTECH

Los Angeles-based Demand Media has sold its social media software arm, Pluck , to New York-based Sprinklr , the companies said Thursday. Financial details of the sale were not announced. Pluck, which is based in Austin, was founded in 2003, and had been acquired by Demand Media in 2008 in a deal worth $56.3M. READ MORE>>.

Demand 100
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PromoJam Raises $1.2M

socalTECH

According to the company, the new round will go towards growing its social marketing software, plus expansion of sales and marketing. PromoJam was founded in 2008 by brother and sister Matt and Amanda MacNaughton. The round was led by Golden Seeds, and also included the Band of Angels.

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Leads360 Names Hedges CEO

socalTECH

Los Angeles-based Leads360 , the developer of sales lead management software, said today that it has named Nick Hedges and President and Chief Executive Officer. Hedges has been at Leads360 since 2008. Morefield will remain an advisor to the firm. Morefield will remain an advisor to the firm. READ MORE>>.

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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? Dave Terry: It's just part of our heritage.

Software 100