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TrueCar Wins Regions Bank

socalTECH

TrueCar , the Santa Monica-based provider of auto buying and pricing software, is powering another online vehicle purchase service with a deal with Regions Bank , the company said today. Financial impact of the deal was not disclosed. READ MORE>>.

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TrueCar Dealer Sales Pass 700,000 Vehicles

socalTECH

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.

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Cornerstone OnDemand Drops Secondary IPO Effort

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of software-as-a-service for talent and employee management, has dropped its plans for a secondary IPO, citing "current marketing prices". The firm also cited the expense of an offering. The firm had a successful IPO in March. READ MORE>>.

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Zag Powers AAA Service

socalTECH

Santa Monica-based Zag.com , the online car buying software firm headed by Scott Painter, announced this morning that it has inked a deal with the AAA, to power a new service called AAA Automaker. Tags: automobile research purchasing service. Financial details of the win was not disclosed. READ MORE>>.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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EdgeCast, PeerApp Join For Caching Effort

socalTECH

Santa Monica-based Edgecast , the content delivery network (CDN) operator, said today along with partner PeerApp that they have linked on a new content caching solution for network operators. The two said the link will help operators improve quality of service and reduce costs. READ MORE>>.

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Interview with Ramit Varma, Revolution Prep

socalTECH

Last week, Santa Monica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. The company provides SAT, ACT, and other similar test preparation courses and related software. I had worked as a tutor for Princeton Review, and Jake for Kaplan. We started in 2000.