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Blackline surges 40% in software IPO

TechCrunch LA

Blackline, a Los Angeles-based accounting software company, debuted in the U.S. markets Friday. She said the IPO, which raised… Read More.

Vroozi Raises $4M For Procurement Software

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Los Angeles-based Vroozi , a developer of cloud-based, B2B procurement software, has raised $4M in a funding round, the company said this morning. cloud saas growth expansion capital venture software procurement vrooziThe funding was led by Ally Holdings. READ MORE>>.

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.

Guidance Software Shuffles Executives

socalTECH

Pasadena-based Guidance Sofdtware , the developer of computer forensics and security software, said it has undergone a restructuring of its sales, training, channel and product development efforts. Guidance Software also said it has named Scott Skidmore as its Vice Preisdent, Global Channel Sales. READ MORE>>.

Enterprise Software Is Back: SoCal Sees Surge In Software Deals

socalTECH

If you look at the last few weeks of deals here, you might be surprised: it''s almost been entirely enterprise software. READ MORE>>.

Hollywood Software Acquired By Rentrak

socalTECH

Los Angeles-based Hollywood Software, Inc. HSI), a provider of enterprise software for managing digital movie distribution, has been acquired by Rentrak , a provider of viewer analytics and tracking of movie and television consumption. Financial terms of the buy were not disclosed. READ MORE>>.

Renovate America Acquires CakeSystems For Energy Auditing, Modeling Software

socalTECH

San Diego-based Renovate America , the provider of residential clean energy financing programs, said this morning that it has acquired CakeSystems , a developer of home energy modeling and auditing software. renovate america cakesystems energy auditing modeling software merger acquisitionFinancial terms of the buy were not disclosed.

SOA Software Becomes Akana

socalTECH

Los Angeles-based SOA Software said this morning that it has renamed the company to Akana , as it has broadened its software base. The name change is actually the second for the company, which changed its name to SOA Software in March of 2005 from its original name, Digital Evolution. READ MORE>>.

The Next 5 Years: Possible Trends in Business Software

Tech Zulu Event

During the past twenty five years, software programs utilized by business underwent tremendous changes. Enhanced Platform Mobility.

MindSpark Taps Autistic Individuals For Software Testing Workforce

socalTECH

Santa Monica-based startup MindSpark announced on Tuesday that it is expanding its efforts to provide enterprise level, software testing, tapping into a workforce of employees who are specifically on the autism spectrum. mindspark autism autistic software testing consultancyREAD MORE>>.

Connectifier Gets $6M For Recruiting Software

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Orange County-based Connectifier , a sttup founded by ex-Googlers, and which is developing search-powered recruiting software, has raised $6M in a Series A. Connetifier is developing tools which use search software and artifial intelligence to better help recruiers find and locate talent. READ MORE>>.

Flatirons Solutions Acquires Software Line From TechPubs

socalTECH

Irvine-based Flatirons Solutions , a developer of technical information management software for the aviation, shipping, rail, and other industries, has acquired the TechSuite software line from TechPubs Inc. TechPubs' TechSuite software is used for Flight Operations and company manuals in the aviation industry. READ MORE>>.

Classy Captures $18M For Nonprofit Software

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San Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. salesforce cloud saas software fundraising nonprofit capital venture stayclassy classyThe funding came from Mithril Capital Management and Salesforce Ventures. READ MORE>>.

Paladin Software, Tipalti Link On Video Content Payments

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Two, Los Angeles area companies, Paladin Software , and Tipalti , said this week that they have linked up in a strategic partnership, to enable payments to video content creators across different countries. paladin software tipalti content payment fintech financial currency processingREAD MORE>>.

SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels.

CSM Software Acquired By SOLIZE

socalTECH

CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Narayanaswami is a serial entrepreneur, and had founded CSAR Corporation, which he sold to MSC Software in 1999. CSM Software's U.S.

Kareo Rolls Out Updated Software

socalTECH

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>>.

FloQast Gets $1.3M For Financial Software

socalTECH

According to FloQast, it is developing closing software aimed at helping accountants close their books faster, and which integrates with Intacct and NetSuite. startup capital venture software close financial floqast Los Angeles-based FloQast has raised $1.3M in a funding round, according to the company. READ MORE>>.

Qualcomm Backs Ravello For Virtualization Software

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San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS). Ravello is based in Palo Alto. READ MORE>>.

Bridg Aims At Restaurants With New CRM Software

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Los Angeles-based software developer Bridg said this week that it has launched a new customer relationship management (CRM) software product specifically aimed at restaurants. bridge software customer relationship management restaurant productREAD MORE>>.

Yardi Buys Software Firm

socalTECH

Santa Barbara-based Yarsi , which develops software for property management, said Thursday afternoon that it has acquired ALMSA Corporation , a provider of software for the assisted living industry. yardi almsa merger acquisition electronic health records software lifescienceFinancial terms of the buy were not disclosed.

Procore Technologies Finds $30M For Construction Project Management Software

socalTECH

Carpinteria-based Procore , the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. Procore develops cloud-based software which is used to manage large construction projects, using both the web and mobile phones. READ MORE>>.

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

million in team costs to code, launch, manage, market & sell our software. Open-Source Software & Horizontal Computing. Rewind.

Guidance Software Acquires CaseCentral

socalTECH

Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. Guidance Software said it will pay $17.1M for CaseCentral, with up to $33M in earn out.

LA Clippers Turn To Computer Vision, Software Analytics To Improve Shooting

socalTECH

The Los Angeles Clippers are turning to software analytics to help improve their shooting percentages, according to software developer Noah Software. laclippers angeles clipper basketball software analytics computer vision artificial intelligence machine analysis sportsREAD MORE>>.

Sonos Updates Software

socalTECH

sonos music streaming hardware electronics software update google tuneineSanta Barbara-based whole home music system manufacturer Sonos said Monday that it has rolled out a nuber of minor updates to its streaming music systems. Sonos said the updates had rolled out earlier to beta users, and are now available to all users. READ MORE>>.

Malauzai Software Gets $6.5M More For Banking Apps

socalTECH

Malauzai Software , a developer mobile banking apps for community financial institutions which has a number of its top executives located in Los Angeles, said this week that it has raised $6.5M in a Series C funding ronud. malauzai business banking software mobile bank community financial vons credit union creditunion venture capital

How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs.

Yardi Launches New Senior Living Software

socalTECH

Santa Barbara-based property management software developer Yardi said this morning that it has released a new software product, called RentCafe Senior Living. Pricing on the new software was not announced. Yardi said the new software makes senior living communities more attractive to prospective residents and their families.

Poor Software Developers - Pull the Plug Early

SoCal CTO

There's an old adage in software development that I refer to all the time: The first 90% of development takes 90% of the time. used this when I taught software engineering. The remaining 10%, takes the other 90% of the time. It's currently in beta. used a company in India to develop the site, and it's mostly done.

LeisureLink Ties With Software Firm

socalTECH

specialty lodging software distribution travel leisurelinkREAD MORE>>.

Pakedge Device and Software Acquired For $32.7M By Control4

socalTECH

Pakedge Device & Software , a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M pakedge device software control4 merger acquisition networking hardwaredeal, the companies said this week. Pakedge has offices in Huntington Beach. READ MORE>>.

FloQast Finds $6.5M For Accounting Software

socalTECH

Los Angeles-based FloQast , a new software startup developing month-end closing software for accountants, has raised $6.5M in a Series A funding, the company said today. FloQast says it has developed software which works alongside Excel to help accountants do their monthly close of books. READ MORE>>.

TVC Capital Raises $115M Software Fund

socalTECH

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5 READ MORE>>.

Evisions Buys Education Software Firm

socalTECH

Irvine-based Evisions , a developer of software for higher education institutions, said this morning that it has acquired Cayuse , a developer of web-based software for grant proposal development. cayuse evisions merger acquisition higher education grant saas softwareFinancial details of the deal were not announced. READ MORE>>.

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>>.

Swarm Aims To Rejuvenate San Diego's Software Industry

socalTECH

It hasn''t been a great few months for San Diego''s software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. growth investment industry software diego swarm Others involved in the effort include investor Brant Cooper, and Cooley''s Eric Otterson.

HID Acquires Software Firm

socalTECH

easylobby lobby registration identification software acquisition mergerFinancial terms of the buy were not disclosed. READ MORE>>.

Epicor Acquires Auto Parts Software Firm

socalTECH

Epicor Software , the developer of enterprise resource planning (ERP) software which has major operations in Irvine, said Thursday that it has acquired Internet AutoParts (IAP), a developer of business-to-business e-commerce software for the automotive replacements parts distribution market. READ MORE>>.

Tritech Software Buys The Omega Group From Trimble

socalTECH

San Diego-based Tritech Software , a developer of software for the law enforcement, public safety, fire, and emergency medical services (EMS) industries, has acquired The Omega Group , a developer of cloud-based mapping and analytics software for the market. Financial terms of the acquisition were not announced. READ MORE>>.