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Yardi Debuts Machine Learning Software

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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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HG Insights Powers New Forrester Market Research Offering

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Santa Barbara-based software developer HG Insights is powering a new market research offering from research and advisory giant Forrester, to power Forrester's new Business Technographics Service.

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Yardi Wins Cortland Capital Market Services

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Santa Barbara-based property management software developer Yardi said Friday that it has signed up Cortland Capital Market Services LLC, as a new customer. Cortland Capital Market Services, which is based in Chicago, provides investment servicing, and is using Yardi's Investment Management software.

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Procore Set For $592M IPO This Week

socalTECH

Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 billion market cap. The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business.

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QAD In $2 Billion Private Equity Acquisition

socalTECH

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The take-private deal will result in QAD no longer trading on public markets. According to QAD, its shareholders will receive $87.50

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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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