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Procore Prices IPO, Starts Trading Today

socalTECH

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO priced above the company's initial estimated IPO range, which was $60.00 Piper Sandler & Co.,

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Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

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Yardi Launches Product In The UK

socalTECH

Santa Barbara-based property management software developer Yardi says it has launched a new product in the United Kingdom. According to Yardi, it has launched Yardi Breeze Premier for the UK property market, providing property management and accounting to small and medium-sized real estate landlords and property agencies.

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Yardi Debuts Machine Learning Software

socalTECH

Santa Barbara-based property management software developer Yardi said today that it has launched a new product, which uses machine learning for prescriptive analytics. Pricing on the new tool was not announced. READ MORE>>.

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Yardi Expands Into Electronic Health Records

socalTECH

Santa Barbara-based software developer Yardi , best known for its property management software, made a big expansion into the electronic health records (EHR) market this week, with the launch of a new product. Pricing on the new software was not announced. READ MORE>>.

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Interview with Zareh Baghdasarian, 15desks

socalTECH

15desks.com), a new startup focused on the education market. I worked as a software and hardware engineer, and did lots of software development for networking and telecom firms, mainly networking. What's the market opportunity here? Zareh Baghdasarian: The market opportunity and timing is perfect.

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