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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.

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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference. One area with headwinds are non-mission critical SaaS niche solutions showing slower growth.

Capital 124
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Reflections on 2018: Peter Cowen, Sutton Capital Partners

socalTECH

Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference, which we co-host every year. We continue to focus on companies with Recurring Revenue (SaaS, Subcription) and in FinTech.

Capital 113
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Cartwheel Collects $1M From Portillo's, Others For On-Demand Delivery

socalTECH

Cartwheel is led by co-founder and CEO Cartwheel; the company said it got its start as a delivery restaurant a decade ago, and moved into the delivery outsourcing business in 2014. Cartwheel said that Portillo's is already using its software for its Chicago-style Italian beef sandwiches and Chicago-style hot dog restaurants.

Demand 113
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Cornerstone OnDemand Finds Australian Reseller

socalTECH

The firm said that it has partnered with Talent2, a talent management and HR outsourcing firm headquartered in Australia. The firm will resell Cornerstone OnDemand's SaaS products in Australia, New Zealand, Singapore, Hong Kong, and Japan. Tags: cornerstone ondemand human resources software saas. READ MORE>>.

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socalTECH Jobs: Monday Morning Job Highlights

socalTECH

We were recently named Top 10 IT Outsourcing Advisor and Top 5 Boutique Sourcing Advisory recently. Funded B2B SaaS is looking for a VP, Engineering. RampRate Sourcing Advisors is a leading IT sourcing advisor with a proprietary index and close network of partners designed to perform fast, efficient IT services transactions.

SoCalTech 138
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The Power of “In Person” – Why Distributed Teams are Less Effective

Both Sides of the Table

What about outsourcing? For me outsourcing in a pure startup is the kiss of death. I believe that startup tech companies need to develop a technical DNA and this doesn’t happen when you outsource. Outsourcing early often happens when you have non-technical founders who don’t know how to get code out the door.