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Signal Scores $20M For Wholesale Automotive Sales Software

socalTECH

Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP.

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Xirrus Ties With Sales Software Provider

socalTECH

Thousand Oaks-based Xirrus , the developer of high performance wireless networking equipment, is tapping into Relayware , a provider of collaboration and communicaitons software as part of its sales efforts, the firms said Thursday.

Sales 138
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ringDNA Acquires Sales Podcast, Hires Podcaster As Head Evangelist

socalTECH

Los Angeles-based ringDNA , the venture-backed startup which is developing artificial intelligence tools to help sales teams, says it has acquired a popular podcast focused on sales. According to the company, it has acquired the sales podcast "Accelerate!", Financial details of the deal were not announced. READ MORE>>.

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Ixia Shifts To 100 Percent Channel Sales

socalTECH

Calabasas-based network testing hardware and software developer Ixia said yesterday that it has shifted to a 100 percent, channel sales model for its enterprise customers. Ixia said the adoption of the model was made to show its "unwavering commitment" to its network of reseller partners.

Sales 113
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Zefr Taps Former Fox Networks Exec As President

socalTECH

Venice Beach-based Zefr , which provides contextual targeting software for brands advertising on YouTube, has named former Fox Networks executive Toby Byrne as the company's new President, the company said this morning. Byrne previously also has worked at BBDO. READ MORE>>.

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Cylance Names Sales, Product Execs

socalTECH

Irvine-based antivirus software developer Cylance said on Thursday that it has named two new executives at the firm, to help it with global growth. Cylance said it has named Rahul Kashyap as Chief Product Officer and John Giacomini as Executive Vice President, Global Sales. READ MORE>>.

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Shopify Just Bought the Deliverr Shipping Network for $2.1 Billion

Tech.Co

Ecommerce company Shopify supports small businesses with technology like ecommerce website builders and retail Point of Sale systems. Deliverr ships over one million orders monthly and gaining its network will more than double the size of Shopify’s fulfillment team. The post Shopify Just Bought the Deliverr Shipping Network for $2.1