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BlackLine Systems Hires Chief Marketing Officer

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Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine said it has hired David Downing, most recently the Chief Marketing Officer of NetSuite, as its first CMO. The company is backed by private equity firm Silver Lake.

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GoodRx Sets IPO Pricing Range

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Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 billion through its IPO on the NASDAQ Global Select Market. GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00

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Kareo Adds $55M In Funding

socalTECH

Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M The funding was led by Montreux Equity Partners, and also included Silver Lake Partners and the company's existing investors. in a new funding round. READ MORE>>.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

We're now one of the top five tech markets in the world, along with the Bay Area, New York, the rest of Southern California, companies in India, and places like China, Berlin, and London. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities.