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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

Santa Monica-based automotive technology platform TrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.

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Arrive Adds Resale Features To E-commerce Platform

socalTECH

Santa Monica-based Arrive, a developer of a technology and reverse logistics services, says it has added resales to its enterprise rental platform. Arrive says it refurbishes, cleans, and grades those returns to be re-sold directly on branded, re-sale e-commerce sites.

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GumGum Names Sales VP

socalTECH

Santa Monica-based GumGum , which operates an online digital advertising platform aimed at visual content, said Tuesday that it has named John Weisgerber as its new Senior Vice President of Sales. The company's platform is used to place advertising within visual content, such as photos. READ MORE>>.

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Activision: Call Of Duty: Black Ops 4 Delivers $500M In Sales In First Three Day

socalTECH

Santa Monica-based Activision is reporting this morning that it has had more than $500M in "sell-through" on its latest title in its first three days of release, saying that it has now set records for most combined players, average hours per player and total number of hours played, on current generation consoles. READ MORE>>

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TigerText Reports Big Sales Increase, Doubles Staff

socalTECH

Santa Monica-based secure messaging app provider TigerText , which is led by Brad Brooks, said yesterday that its annual sales grew more than 300 percent in 2014, and also doubled the size of its staff. TigerText did say that more than 500 million messages per month are now being sent using its platform. READ MORE>>.

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YapStone Plans Big LA Expansion, Hiring

socalTECH

According to the company, it is hiring across marketing, sales, engineering, and product. The company--which currently has offices at ROC in Santa Monica--says it is in the mist to moving to a new office in Santa Monica in order to accomodate that growth in Q1 of 2015. YapStone was founded in Santa Monica in 1999.

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CallFire Names Chief Revenue Officer

socalTECH

Santa Monica-based voice and text-platform provider CallFire is bolstering its executive ranks today with a new hire, saying that it has named Barbara Palmer as the company''s new Chief Revenue Officer. Palmer will head up business development, marketing, and sales for CallFire. READ MORE>>.

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