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BlackLine Software Prices IPO

socalTECH

Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 BlackLine is at least the sixth major technology IPO in Southern California in the twelve months.

Pricing 100
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Intuit Sells Intuit Financial Services For $1.025 Billion

socalTECH

Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. intuit financial services merger acquisition finance software mobile banking' Intuit had acquired Digital Insight back in 2006, for $1.35 READ MORE>>.

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DealOn Sued Over Group Buying Technology

socalTECH

DealOn , the developer of white label group buying software which was acquired by Woodland Hills-based ReachLocal , has just been sued over patent infringement by group buying site Tippr. ReachLocal announced its acquisition of New York-based DealOn on February 15th. According to a court filing, KashLess, Inc.,

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Interview with Ross Levinsohn, Velocity Interactive Group

socalTECH

This morning, Woodland Hills-based FatTail (www.fattail.com) announced a venture round from Velocity Interactive Group for its software for managing online advertising. I remember back when we did the acquisition, and the critics--it looks much better now than it did then, and it turned out great for News Corp.