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Kofax Buys Business Intelligence Software Developer Altosoft

socalTECH

Irvine-based document capture software firm Kofax announced this morning that it has acquired business intelligence and analytics software developer Altosoft. Altosoft is a developer real time reporting and dash board applications, and had 43 employees and contractors working for the firm. READ MORE>>.

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Quest Software Acquires Quadrotech

socalTECH

Aliso Viejo-based systems management and security software developer Quest Software said this morning that it has acquired Quadrotech , a developer of management and migration solutions for Microsoft 365 and Office 365. Financial details of the transaction were not announced.

Software 113
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COVID-19 Shifts Business Expenses, Says Report

socalTECH

A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. Acording to the report, spending on food delivery services grew by 110% annually, with DoorDash representing 36% of expenses submitted, with 25.1%

Report 113
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ReachLocal Expands Reporting Tools

socalTECH

Woodland Hills-based online marketing services and software developer ReachLocal , which offers up its services to local businesses, said today that it has added a number of analytics and reporting tools to its platform. reachlocal reporting software saas marketing local business' READ MORE>>.

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Toshiba Starts Selling Cylance Antivirus Software

socalTECH

Irvine-based antivirus software developer Cylance reported Thursday that it has signed a distribution agreement with Toshiba , where Toshiba Corporation Industrial ICT Solutions Company Group (Toshiba Industrial ICT Solutions) will sell its artificial intelligence-based antivirus solution. READ MORE>>.

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LumaTax Raises $2M For Small Business Tax Reporting Software

socalTECH

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.

Software 100
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LA Number Two Tech Employment Area In Nation, Says Report

socalTECH

A new report, published this week by the nonprofit CompTIA group, says that Los Angeles is the number two metropolitan area in the nation for technology employment. According to the CompTIA 2018 CyberStates report, LA had 501,900 technology workers, number two in the nation behind New York City, which has 664,800.

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