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Phocas Sets CFO

socalTECH

Irvine-based Phocas Software, a developer of data analytics software for the manufacturing, distribution, and retail business market, says it has named Dave Boorman as its new Chief Financial Officer. Most of that investment is software engineers in Christchurch, New Zealand.

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LeisureLink Acquired By VacationRoost

socalTECH

Pasadena-based LeisureLink , the developer of travel booking software for the vacation rental market, has been acquired by VacationRoost , which operates an online vacation rental marketplace. software engine booking marketplace rental vacation vacationroost acquisition merger leisurelink' The company was led by Tom Lamb.

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Backed by LG, AmazeVR is hoping to resurrect virtual reality’s consumer dreams

TechCrunch LA

Despite billions of dollars in investment, and a sustained marketing push from some of the biggest names in the technology industry, virtual reality still doesn’t register with most regular consumers. Hardware makers have invested billions to improve the technology, and they’d like that money to not go to waste.

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3D Robotics Raises $5 Million In Funding | Expanding To New Markets

Tech Zulu Event

3D Robotics has raised over $5 million in round two funding to accelerate its growth and expansion into new markets says Chris Anderson 3DR CEO and former Editor in Chief of Wired Magazine, Entrepreneur and author. Currently the firm has 40 full time staff but will be hiring more hardware and software engineers.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

If you want the full SlideShare deck with many slides not in either post it’s in this link –> The LA Tech Market. ” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.”

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BridgeCo Expands In Bangalore

socalTECH

Huntington Beach-based BridgeCo , a developer of semiconductors for the home entertainment equipment market, fresh off a $6M financing round, said it will use some of that funding to open up a new, research and development center in Bangalore, India.

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SaaS Is Dead, Long Live Software

InfoChachkie

Over the next decade, thousands of startups focused on software verticals in which they displaced Siebel-like, premise software with solutions delivered via the cloud. Although software startups continue to be founded to exploit vertical markets, few of them now compete with legacy, “boxed” software.

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