TechCrunch LA

MARCH 27, 2021

Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management.

SaaS 292

SaaS Glendale Statistics Los Angeles 292

socalTECH

FEBRUARY 12, 2014

San Diego-based ACTIVE Network is expanding its footprint in the parks and recreation management market, reporting this morning that it has signed up the cities of Phoenix, Portland, and Denver as customers of its ACTIVE Net software. Financial impact of the wins were not announced. READ MORE>>.

Activity 147

Activity Networking .Net San Diego 147

L.A. Business Journal

AUGUST 15, 2018

Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company

.Net 113

.Net Santa Monica Report Software 113

socalTECH

AUGUST 14, 2014

The company said the funding came from high net worth individuals, including cardiologists, physicians and successful technology entrepreneurs. information data lifescience medical funding cardiac software capital venture healthcare geneva' San Diego-based Geneva Healthcare has raised $1.8M READ MORE>>.

Southern California 164

Southern California San Diego .Net Platform 164

Xconomy

NOVEMBER 5, 2018

Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million. ResMed, which brought in net income of $315.6 San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. million on revenues of $2.3

Software 89

Software Acquisition .Net Pricing 89

socalTECH

JANUARY 7, 2015

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.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

Both Sides of the Table

DECEMBER 27, 2011

Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year. Let’s consider the following two software companies, both of which have 66% gross margins.

Startup 418

Startup Venture Capital Sales Technical Review 418

socalTECH

MAY 22, 2014

San Diego-based sports activity registration and software provider ACTIVE Network reported two wins today at YMCA centers. ACTIVE Network said it has signed up the YMCA of the North Shore in Massachusetts and YMCA of the Brandywine Valley in Pennsylvania as customers for the company''s ACTIVE Net cloud platform. READ MORE>>.

Activity 138

Activity Networking SaaS San Diego 138

socalTECH

APRIL 29, 2013

Lake Forest-based ProBoards doesn''t think so--based on the company''s update of its free Internet forum software, ProBoards Version 5. proboards online discussion board social media forums software update' In the age of social media, are online discussions boards obsolete? ProBoards said the new release was four years in the making.

Social Media 153

Social Media Social Network .Net Media 153

Both Sides of the Table

MAY 4, 2010

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. If Klout can become an embedded solution in every marketing software companies’ toolkits then they could be a valuable company. Its net income for the 2009 period is $11.66 Net income was around $1.4

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

socalTECH

JULY 3, 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. READ MORE>>.

Media 208

Media .Net Equity Acquisition 208

socalTECH

MARCH 10, 2011

billion in net worth. billion in net worth; Jack Dangermond , the founder of Redlands-based mapping software maker ESRI was number 540, with $2.2 Bill Gates continues to be the wealthiest American on the list at number two, with a fortune of $56B; Larry Ellison was number 5 with $39.5 billion each. billion.

Southern California 149

Southern California Orange County .Net Google 149

socalTECH

OCTOBER 16, 2012

Richards; the firm, which started as Internships.com, has since expanded into a wider range of employment-related software and services. Richards was CEO of NTI Group (sold to Blackboard); was CEO of Vivendi Universal Net USA; and also was founding President and COO at MP3.com. READ MORE>>.

Services 153

Services Social Network .Net Los Angeles 153

socalTECH

JULY 7, 2010

com, and was CEO of Vivendi Universal Net USA. OpenCandy / Darrius Thompson - Thompson and a team with roots at DivX is taking on the open source software recommendation market with OpenCandy, which helps software developers monetize their open source, and also connects advertisers with users of relevant products.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

socalTECH

MARCH 11, 2010

Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M The firm said it had a net loss of $6.8M in funding and gone public through a reverse merger. Image Metrics said that ICLA will change its name to Image Metrics, and will change its stock symbol as part of the merger.

Metrics 154

Metrics Santa Monica .Net Acquisition 154

socalTECH

JANUARY 28, 2010

Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications , a developer of storage virtualization and management software. Dot Hill said it expects the buy to help it expand beyond the storage array market, into the higher margin storage software market. cloverleaf is based in Israel.

Acquisition 133

Acquisition Software Review .Net Pricing 133

socalTECH

JUNE 26, 2015

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.

Java 100

Java .Net Product Tool 100

Xconomy

DECEMBER 19, 2017

From businesses and consumers to politicians and tech industry leaders, the furor over last week’s Federal Communications Commission (FCC) decision to repeal net neutrality can be felt across America. In my view, the battle to preserve net neutrality is still very much alive.

.Net 58

.Net San Diego Companies Company 58

socalTECH

NOVEMBER 5, 2018

San Diego-based ResMed , a developer of software for the healthcare market, has acquired MatrixCare , a developer of long-term post-acute care software. MatrixCare is epxected to have pro forma net revenue of approximately $122M, and pro forma EBITDA of approximately $30M. READ MORE>>.

San Diego 113

San Diego .Net Software Funding 113

socalTECH

NOVEMBER 9, 2010

The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Tags: cornerstone ondemand merger acquisition exit software saas. Cornerstone OnDemand filed for an IPO in September. READ MORE>>.

Cornerstone OnDemand 133

Cornerstone OnDemand Santa Monica SaaS .Net 133

Both Sides of the Table

APRIL 25, 2011

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. “How much is that software really worth? We were building a VC backed software business so I had to focus on the product business. That is $12 million in profits over 3 years. Who else is using it?

Services 332

Services Venture Capital IP Startup 332

socalTECH

APRIL 20, 2020

Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M Veritone has over 300 employees and had 2019 net revenues of $49.6M. in loans under the Paycheck Protection Program (PPP).

Artificial Inteligence 113

Artificial Inteligence Layoffs .Net Software Development 113

socalTECH

JULY 17, 2019

According to GumGum Sports, its analysis found that the stadium wall below the stands--which was unsold, with no sponsor logo present--could have netted a sponsor $1M per match in value, and given a World Cup partner the greatest return on investment of any sponsorship placement. Women's National Team matches.

Artificial Inteligence 133

Artificial Inteligence Screening Santa Monica .Net 133

socalTECH

AUGUST 7, 2017

Santa Barbara-based software developer AppFolio announced on Monday afternoon that it has named Jason Randall as the company's new President and Chief Executive Officer, as well as new member of the company's board. AppFolio is a developer of software for the property management industry, legal industry, and elsewhere. READ MORE>>.

Santa Barbara 113

Santa Barbara .Net Software Development Software 113

socalTECH

JULY 24, 2019

The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter. Santa Monica-based Snap Inc. , READ MORE>>.

Activity 113

Activity Social Media Santa Monica Snapchat 113

socalTECH

AUGUST 6, 2015

Topping the list at #15 was Elon Musk , who splits his time between Los Angeles and Silicon Valley, with a net worth of $13.9 billion; David Sun and John Tu , the co-founders of Fountain Valley-based Kingston Technology, shared the spot at #41, with a net worth of $4.5 billion in net worth. billion in net worth.

Southern California 100

Southern California .Net Snapchat Los Angeles 100

socalTECH

MAY 19, 2017

Newport Beach-based Veritone , a developer of artificial intelligence and analyics software, has raised $33.0M in net proceeds related to the IPO. in net proceeds related to the IPO. in is IPO on the NASDAQ. The company, which now trades under the symbol VERI, sold 2,500,000 shares of its common stock at $15.00

Artificial Inteligence 127

Artificial Inteligence .Net Research Capital 127

socalTECH

MARCH 25, 2020

The company says it historically sees approximately $6,500 net revenue per enrolled member. The company's software uses artificial intelligence (AI) to predict, identify, and treat mental issues among health plan members.

Artificial Inteligence 124

Artificial Inteligence Software Review Technical Review Santa Monica 124

socalTECH

MARCH 16, 2021

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The notes are due in 2026.

Pricing 113

Pricing Software Review .Net Advertising 113

socalTECH

MAY 24, 2011

the Israeli-based security software firm. net of cash assumed for SC Square Ltd. Irvine-based Broadcom said Monday afternoon that it has completed its acquisition of SC Square Ltd. , Broadcom said it paid $41.9M Broadcom said it would by SC Square on May 9th. READ MORE>>.

.Net 100

.Net Acquisition Software 100

socalTECH

JANUARY 15, 2021

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. in net income on $164M in revenues for the year ended December 31, 2019. The company reported $9.9M

Advertising 113

Advertising .Net Equity Software 113

socalTECH

FEBRUARY 23, 2016

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

San Diego 100

San Diego .Net Software Development Software 100

socalTECH

MARCH 31, 2012

San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. The firm reported a net loss of $6.6M ServiceNow said has applied to trade as NOW. ServiceNow is venture backed by JMI Equity and Sequoia Capital.

San Diego 113

San Diego .Net Equity Report 113

socalTECH

MAY 10, 2019

Goleta-based whole home speaker manufacturer Sonos said on Thursday that it has launched Google Assistant on Sonos, allowing Google's voice assistant to run on Sonos "smart" speakers through a software upgrade. According to Sonos, it will begin rolling out the feature next week in the U.S., with more markets to come over the next few months.

Google 113

Google .Net Report Software 113

socalTECH

APRIL 20, 2015

billion in net cash for majority ownership of a new company, to be made of those two parts. billion net of cash acquiired to acquire Websense. software security cybersecurity acquisition merger raytheon websense partners equity vista' The two said that Raytheon will invest $1.57 The deal has an enterprise value of $2.3

Equity 100

Equity .Net High Tech San Diego 100

Both Sides of the Table

MAY 24, 2021

This is true in consumer but it’s also true in enterprise software. The massive shift of dollars the moved from public markets to private markets has benefitted us and while at times can distort valuations as they themselves chase FOMO, the net results will be net positive for us all.

Venture Capital 363

Venture Capital Capital Funding Startup 363

Both Sides of the Table

JUNE 8, 2014

To build applications we needed databases (Oracle), browsers (Netscape), servers (Sun Microsystems), storage (EMC), security (Semantic), application servers (Apache), caching software, load balancers, hosting facilities, programming languages and methods, CDNs, DSL equipment, Wifi routers and so forth. And then the world changed.

Startup 390

Startup Venture Capital Capital Funding 390