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Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco.

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Intuit Rolls Out iPhone Tax Software

socalTECH

Intuit , the developer of the popular TurboTax tax filing software, said Tuesday that it has rolled out a new, iPhone application which will allow users to file simple tax returns. The new software--which is expected to cost $9.99 The new software--which is expected to cost $9.99

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VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

socalTECH

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Locally, San Diego led the region in terms of venture deals for the quarter, with $300M invested, followed by Los Angeles, with $239.1M invested--the vast majority of that in the San Diego area. in investments.

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Miva Gets Growth Capital Injection

socalTECH

San Diego-based Miva , the developer of e-commerce shopping cart software, has received a growth capital funding from private equity investor Bison Capital Partners, the companies said this week. Size of the minority investment was not announced. Carroll remains on the company's board and will also advise Wilson. READ MORE>>.

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JMI Equity Re-Ups On AppNeta

socalTECH

San Diego-based private equity investor JMI Equity has put more capital into AppNeta , a Boston-based provider of cloud-based, IT performance management software. JMI Equity has been an investor in AppNeta since at least 2009. JMI Equity has been an investor in AppNeta since at least 2009. READ MORE>>.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 37 Percent In 2009

socalTECH

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Locally, San Diego led the region in terms of venture deals for the quarter, with $300M invested, followed by Los Angeles, with $239.1M invested--the vast majority of that in the San Diego area. in investments.

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Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

” Founded in Los Angeles in 2009 by DeWolfe, who previously helped create and launch Myspace, and 20th Century Fox exec Josh Yguado, Jam City rose to prominence on the back of its Cookie Jam and Panda Pop games. .” Jam City has offices in Los Angeles, San Francisco, San Diego, Bogota and Buenos Aires.