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Startups and a Common Misunderstanding in Agile Software Development

SoCal CTO

They didn't feel they had visibility into timelines and costs for development of their software. They couldn't plan their business.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

Report: Snapchat Acquires Bitstrips For Around $100M

socalTECH

cartoon emoji animation software acquisition merger snapchat bitmojiREAD MORE>>.

Kareo Rolls Out Updated Software

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Irvine-based medical practice management software developer Kareo , led by Dan Rodrigues, said Tuesday that it has launched the next generation of its cloud-based software for outsourced billing. kareo medical office software billing cloud update Pricing on the new product was not announced. READ MORE>>.

Music Reports In Expansion

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Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. Music Reports is backed by ABRY Partners. music reports musicreports software reporting online expansion jobsREAD MORE>>.

Report: ExpenseCloud Acquired By TriNet

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Los Angeles-based expense management software and services developer ExpenseCloud , which was founded by Eric Sikola and Dan Fritcher, has been acquired by human resources provider Trinet , according to reports today. According to PandoDaily, citing "sources with direct knowledge of the transaction", the deal was signed last Thursday.

DreamHost Planning Software Spinout

socalTECH

Los Angeles-based hosting provider DreamHost , the provider of web hosting and managed hosting services, is planning a new, open source software spinout, the firm revealed this week, as it looks to leverage its work on the Ceph open source project for distributed storage. READ MORE>>.

HID Acquires Software Firm

socalTECH

EasyLobby's products are used for visitor registration, tracking, reporting and badge printing. Financial terms of the buy were not disclosed.

UberMedia Planning Twitter Competitor, Says Report

socalTECH

According to reports, it is planning to launch its own, competing microblogging service. The news comes via a report last night from CNN. ubermedia twitter client software idealab twidroid twidroydUberMedia has not officially announced any details of its plan. READ MORE>>.

Hulu Updates Roku Software

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Los Angeles-based Hulu said last night that it has updated its Hulu Plus on the Roku software. The new version of Hulu PLus on Roku is 1.9.

Private Equity Firm Puts Epicor Software On Market

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Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. epicor software merger acquisition private equity exit apax Apax paid $976M for Epicor back in 2011. READ MORE>>.

Report: IPO Fever Lifting Valuations, Slowing M&A

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A report today says that "IPO fever" is lifting valuations of technology companies, while slowing the pace of mergers and acquisitions.

Report: Websense On The Block

socalTECH

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. Websense is a provider of web filtering software. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale. READ MORE>>.

Quest Software Bolsters Security Products

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Aliso Viejo-based Quest Software said this morning that it has released a new version of its PacketTrap MSP remote monitoring and management platform for SMBs. The firm said the product now includes antivirus detection and better reporting, among other features. quest software securityREAD MORE>>.

UberMedia, Bleacher Report Team On Tweeting Contest

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Pasadena-based UberMedia , the Twitter third party client software provider, and Bleacher Report , the online sports publishing site, said today that they've linked up to run a prize to award prizes to users who tweet photos of sports events. UberMedia is the Twitter client firm headed by Idealab's Bill Gross. READ MORE>>.

Liferay: Another Big, Nearly $100M LA Enterprise Software Firm You've Never Hear

socalTECH

Add another company to the list of fast growing, enterprise software companies in Los Angeles that you might not have heard of: Liferay , a developer of open source portal software for the enterprise, is apparently approaching $100M in annual revenues, according to some recent reports. READ MORE

MaintenanceNet Reports Record Year

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Carlsbad-based MaintenanceNet , the developer of software-as-a-service used for managing service contracts and service quotes for manufacturers and others, reported today that it has had a record year. maintenancenet sales renewal contract automation saas softwarebillion in service contracts for its customers. READ MORE>>.

BlackLine Reports Record Revenues, New Clients

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Los Angeles-based BLackLine Systems , the developer of financial accounting software used for automating account reconciliation and financial close, reported this morning that it had record revenues in Q2, and a slate of well known clients. blackline systems accounting software saas account reconciliationREAD MORE>>.

Interneer Reports Record Growth

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Los Angeles-based Interneer , a developer of software-as-a-service for the business process management market, reports that it had "record growth" in 2011. Interneer's software helps automate business processes. interneer growth business process mangaement softwareSilliker, Inc., Jacobs Engineering Group, Inc.,

Music Reports Signs Omnifone

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Woodland Hills-based Music Reports , a provider of music royalty tracking and reporting services, said today that it has linked with cloud music provider Omnifone. The comapny said it will manage mechanical licensing and royalty reporting for Omnifone's MusicStation Platform in the United States. READ MORE>>.

Roambi Ties with Business Intelligence Software

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San Diego-based MellMo , the developer of the Roambi mobile business reporting application, has tied with an Italian developer of business intelligence software, the company said today. Tageik provides business intelligence, performance management, risk and compliance, and governance software for enterprises. READ MORE>>.

LumaTax Raises $2M For Small Business Tax Reporting Software

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LumaTax develops software which can be used by small businesses to automate the paperwork required for paying sales taxes. The startup is led by Robert Shulte, who was founder of sales tax software provider Taxient, which was based in San Diego, and who he sold to tax software developer Avalara in 2010. READ MORE>>.

Startups Increase New Job Creation Plans, Says Report

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A report released today by Silicon Valley Bank said that 83 percent of startups plan to hire this year, up from 73% of startups that had hiring plans in last year's survey. based private, venture capital backed software, hardware, life science, and cleantech companies. silicon valley bank startup creation employment

Study 16

2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012.  Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses.

2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012.  Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses.

Quest Software Gets Increased Offer

socalTECH

The bidding war for Aliso Viejo-based Quest Software , the developer of IT management software, continued this morning, as the firm reported that an un-named, strategic bidder has upped its proposal to acquire the company to $27.50 per share in cash. READ MORE>>.

Quest Software Eyed By Dell

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Aliso Viejo-based Quest Software is in discussions with Dell about an acquisition, according to reports today. Quest is a provider of enterprise IT management software. quest software dell merger acquisition managementThat deal was announced in March. READ MORE>>.

Hulu Halts Use Of Kissmetrics On Security Report

socalTECH

A report, published Friday by Wired, says that Los Angeles-based video streaming site Hulu has cut its use of web analytics service Kissmetrics -- a startup founded by former Orange County entrepreneur Neil Patel -- after U.C. hulu kissmetrics neil patel hiten shah cookie tracking analytics software crazyeggREAD MORE>>.

Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals

Xconomy

When the first-quarter MoneyTree Report came out in Apri l, it showed that venture firms had invested only $253.2 Software. $40 million.

UberMedia Buys TweetDeck, Say Reports

socalTECH

Pasadena-based UberMedia , the Idealab startup which is amassing a suite of Twitter related client applications, has acquired Tweetdeck , the provider of a third party Twitter client, according to multiple reports. UberMedia is reportedly paying $30M for Tweetdeck. ubermedia tweetdeck merger acquisition twitter client software

UberMedia Losing TweetDeck To Twitter, Says Report

socalTECH

Upping the ante in the battle between Pasadena-based Twitter client software firm UberMedia and Twitter itself, the Wall Street Journal is reporting that Twitter is buying Twitter client software firm TweetDeck. The buy directly contradicts multiple reports that TweetDeck was to be acquired by UberMedia in February.

E-Commerce Spendings Grows 13 Percent In Q3, Says Report

socalTECH

comScore said the best performing segments online were digital content and subscriptions, event tickets, jewelry and watches, consumer electronics, and computer software. The latest numbers out of comScore , which measures e-commerce spending and Internet traffic, find that U.S. billion in Q3 of 2011. billion on e-commerce in Q4.

MeLLmo Scores $30M For Roambi

socalTECH

MeLLmo develops business reporting and data applications which are accessible via iPhone and iPad devices. roambi mellmo venture capital sequoia iphone ipad mobile business analytics reporting software reportThe round was led by Sequoia Capital. MeLLmo had previously raised $20M from individual investors for the company.

CitySourced Heads To Hawaii

socalTECH

honolulu citysourced city municipal mobile reporting governmentThe app runs on iPhone, Android, Blackberry, and Windows Mobile. READ MORE>>.

Report: Rapportive, Backed By Calacanis, Acquired By LinkedIn

socalTECH

Angel investor Jason Calacanis looks to have scored an exit in his portfolio, according to reports today from AllThingsD. According to those reports, San Francisco-based Rapportive , a developer of plug-ins which overlay social networking information on your Gmail account, has been acquired by LinkedIn. READ MORE>>.

Paragon Updates Disaster Recovery Software

socalTECH

Irvine-based Paragon Software , the developer of data storage and mobile software, reported earlier this week that it has updated its Hard Disk Manager (HDM) software. paragon software disaster recovery hard disk storageThe new upgrades are aimed at helping IT administrators back up users using virtual machines.

Chrome River, Traxo Tie On Expense Reports

socalTECH

Los Angeles-based expense and invoice automation software developer Chrome River said today that it has tied with Traxo , a developer of APIs for parsing corporate data. chrome river traxo expense report invoice automation software partnership hotel folio billingFinancial details of the partnership were not announced.

Edmunds.com In Data Deal With Dealership Software Company

socalTECH

Santa Monica-based Edmunds.com reported today that it is in a new, data sharing agreement with the developer of a dealership inventory management and marketing tool, Nexteppe. edmunds dealership software marketing data sharing vehicle pricingFinancial details of the deal were not announced. READ MORE>>.

Quest Software Founder Smith Backs Data Firm Grow

socalTECH

Vinny Smith , the founder of Orange County's Quest Software , has put his backing behind a new data integration sofware startup, Grow. grow venture capital software business data dashboard reports reporting vinny smith quest tobaVinny Smith also joins the company's board as part of the funding. Grow is based in Utah.

Paragon Software Deploys Into Space

socalTECH

Irvine-based Paragon Software Group , the developer of backup and disaster recovery software, reports today that the firm's software is now orbiting the Earth on the International Space Station. paragon software backup disaster recovery data storage nasa space spaceflight shuttleREAD MORE>>.