Cal Net Technology Group Acquires inhouseIT

socalTECH

Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July. Cal Net Technology's CEO is James Hwang.

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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. However, rather than obsessing on a single metric, entrepreneurs should focus on improving their Net Profit Score.

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Trending Sources

Bluebeam Nets Local Angel Groups 20X Return

socalTECH

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. The Tech Coast Angels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.

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For 2017, Concerns on Immigration, Net Neutrality, & Cyber Warfare

Xconomy

2) Repeal of current net neutrality laws will give bigger companies an unfair advantage over smaller companies — thereby fundamentally changing the level playing field that has helped startups thrive and prosper. I have many concerns about how the upcoming Trump administration will impact the overall tech economy.

Demand Media Nets $77.2M From IPO

socalTECH

in net proceeds from the firm's IPO last week. Santa Monica-based Demand Media said this morning that it received approximately $77.2M The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures. Demand's IPO offering was for 10,235,000 shares of common stock at $17.00

Cast your net where the big fish swim.

Berkonomics

Even though there are many advantages to casting your net to attract the big fish, you should be well aware of the risks involved and have resources available to manage those risks. This is one of those “My dad used to say” homilies.

Net Data Centers Acquired By ANEXIO

socalTECH

Los Angeles-based datacenter operator Net Data Centers , which has two facilities in Los Angeles, has been acquired by another data center operator, Anexio. Net Data Centers had provided cloud and data center solutions for businesses, including many in the media and entertainment industry. Financial terms of the asset acquisition deal were not announced.

Ixia Acquires Net Optics

socalTECH

Calabasas-based network testing equipment and software developer Ixia announced Tuesday that it is acquiring Net Optics , a developer of network and application analysis products. Ixia said it will pay $190M in cash for Net Optics. Ixia said that net Optics had $49M in revenue in 2012, and had revenues of $42M for the first nine months of 2013.

AmpliPhi Biosciences Nets $9.1M From IPO

socalTECH

San Diego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market. The $9.1M was after deducting the underwriting discount and commissions and estimated offering expenses payable by AmpliPhi, according to the company. The company's IPO offering was run by Rodman & Renshaw. READ MORE>>.

Venture Net 2008 Photos

Technology Council

Feedback on this year’s Venture Net has been great. Thanks once again to Venture Net’s sponsors, The event was sold out - almost 500 people in total! Scott Fox and an audience volunteer pick winners for the door prizes. These photos courtesy of Ben Kuo of the leading news source for Southern California technology news and deals: socalTECH.com. Thanks, Ben!

Ixia Completes Net Optics Acquisition

socalTECH

Calabasas-based Ixia said Thursday evening that it has completed its acquisition of Net Optics , which develops application and network visibility products. Ixia had announced the acquisition back in October. The acquisition was worth $190M in cash. READ MORE>>. ixia ixiacom optics application network visbility optical testing merger acquisition

Venture Net 2008 Winners

Technology Council

13 of the hottest early stage technology companies in Southern California joined us yesterday for the 13th Annual Venture Net. We were pleased to also welcome 400+ attendees, including dozens of venture capitalists, angel investors, and private equity firms, plus keynote speeches by John Suh, CEO of LegalZoom.com, and Jason Calacanis, CEO of Mahalo.com. Presenting companies included: •

Dallas Day of.Net | Training and Trends on Microsoft Technologies

Tech Zulu Event

Ria Consulting is hosting its 3rd annual Dallas Day of Dot Net on February 8-9, 2013 at Sheraton Market Center in Dallas, Texas. The event is a 2-day training in.Net, HTML5, Windows 8, Asp.NET MVC and other Microsoft technologies.

What’s Really Behind the Net Neutrality Ruling

Tech Zulu Event

Regardless which side of the isle you stand politically, you can be rest assured that the passage of net neutrality is a positive for you, and your ability to access the Internet like you have since the 1990’s. For the sake of argument, let’s say that net neutrality wasn’t passed.

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How does America’s Net Neutrality Bill Affect Other Nations?

Tech Zulu Event

Their stated purpose is to further a policy of net neutrality by preventing Internet Service Providers from engaging in certain practices deemed anti-competitive by the agency. The post How does America’s Net Neutrality Bill Affect Other Nations?

Prevoty Launches New Products For Java,NET

socalTECH

Los Angeles-based Prevoty , a developer of enterprise security tools, said Thursday that it has rolled out two new products, which plug into apps running on Java and.NET. Prevoty, which is venture backed by US Venture Partners, Plus Capital, MM Capital, Paige Craig, and others, developers cross-site scripting security tools to prevent security breaches in web apps.

Insights and Opinions: Net Neutrality For Poets

socalTECH

For today's Insights and Opinions section, we have a contribution from Joe Moreno , President of Epics3, in Carlsbad, who provides a quick primer and his opinions on net neutrality. The FCC voted to adopt net neutrality rules this morning.

Silicon Beach Afternoon Roundup: Obama’s Net-Neutrality Rules Upheld in Federal Court

L.A. Business Journal

Net-neutrality upheld in federal court, e-commerce startup Loot Crate secures major investment; Electronic Arts sets its sights on e-sports market, and more

Factual Releases C#/.NET Driver

socalTECH

Los Angeles-based Factual , the startup headed by Gil Elbaz, which is developing a massive cloud-based database of location and other data used by mobile and web apps, has further expanded its software language support. The firm said Tuesday that it has release a driver for C# and.NET, Microsoft's libraries and object oriented software language. Factual said the driver can be installed into Visual Studio on Windows.

Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

L.A. Business Journal

parent company of Snapchat, reported a net loss of $2.2 Snap Inc., billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March

A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives.

A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives.

Network Neutrality: The Debate Pros and Cons of Net Neutrality

SoCal Tech Calendar

Tuesday, April 6, 2010 -- CommNexus Presents: Network Neutrality: The Debate Pros and Cons of Net Neutrality. and#8232;and#8232;Supporters of net neutrality contend that the phone and cable companies want to be in charge of the Internet, they want to be able to block user requests, and charge companies such as Google for its use.

I sat in my own safety net while weaving it.

Berkonomics

Or as one of the richest guys in the world is quoted as saying, “A real entrepreneur is somebody who has no safety net underneath him.”. The problem is that we weave that safety net even as we sit in it, making the job doubly difficult.

TubeMogul Acquired By Adobe For $540M

socalTECH

TubeMogul , a video advertising company which has offices in Los Angeles, has been acquired by Adobe in a deal worth $540M net of debt and cash. According to Adobe, it will pay $14.00 per share for TubeMogul. TubeMogul is a provider of a video advertising platform, which lets users buy video ads on desktop, mobile, streaming devices, and TVs. TubeMogul's CEO is Brett Wilson, who will continue to lead TubeMogul's team.

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Sonnen Deploys Battery Storage In Vermont

socalTECH

Sonnen said that the McKnight Lane Affordable Housing Development in Waltham, Vermont is using its smart energy storage technology, transforming a "blighted mobile home community" into a net-zero, local income rental housing development. Sonnen said its products were used in fourteen, customized net-zero modular homes constructed by VERMOD, which combine solar power with the sonnenBatterie home battery system.

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U.S. Telecom Association to Sue United States Government Over Net Neutrality

Tech Zulu Event

Telecom has announced that it has filed suit against the United States government in response to the recent ruling by the Federal Communications Commission on Net Neutrality. Telecom Association to Sue United States Government Over Net Neutrality appeared first on TechZulu.

ResMed Acquires Brightree For $800M

socalTECH

ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015. San Diego-based medical device provider ResMed has acquired healthcare software developer Brightree , in a deal worth $800M, according to the companies.

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CrowdStrike Names New CFO, VP

socalTECH

Podbere was most recently CFO of OpenDNS (acquired by Cisco), and also was at Net Optics (sold to Ixia) and Epocrates (IPO). Irvine-based cybersecurity software developer CrowdStrike announced this morning that it has named Burt Podbere as the company's new Chief Financial Officer, and Lisza Cuevas as its new Vice President of People. CrowdStrike said that Gregg Marston, the company's current CFO, is retiring. Cuevas had previously served at Apple, Yahoo!, and Citrix Systems.

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Your Customer Success Team Is Focusing On The Wrong Definition Of Success

InfoChachkie

Ara went on to note that ServiceTitan has been experiencing negative churn, netting 120% annual revenue growth from existing customers. These teams gauge customer satisfaction by tracking net promoter scores, customer churn, renewal rates, etc.

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Power-One Revenues Surge On Solar Inverter Demand

socalTECH

According to the firm Thursday, it saw net sales of $366M for its quarter ended January 2, up 157 percent from the fourth quarter of 2009. The firm said that for the full year, it had net sales of $1.05 The firm had net income of $54M for the fourth quarter, and $144M in net income for the full year.

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YP Holdings Acquired By Dex Media

socalTECH

Financial details of the acquisition were not announced, however, DexYP says the combined company will have pro forma net revenues of more than $2 billion in 2017. Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media.

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