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Final Draft Names President

socalTECH

Burbank-based Final Draft --which is owned by software developer Cast & Crew --says it has named Shelly Mellot as President of the company. Final Draft is a developer of screenwriting software. According to Cast& Crew, Mellott has been at Final Draft for 14 years, having joined the company in 2006. READ MORE>>.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. million in team costs to code, launch, manage, market & sell our software.

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Praying to the God of Valuation

Both Sides of the Table

How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? There were startups and a software industry but barely. I would see Marc Benioff in the line for Starbucks at One Market in San Francisco and probably few could pick him out of a line up then. What happened?

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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs).

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Veritone Sets Estimated IPO Pricing Range

socalTECH

Newport Beach-based Veritone , a developer of cloud-based, artificial intelligence software, says it expects its IPO to be between $14.00 Veritone is looking to list as VERI on the NASDAQ Capital Market and hopes to raise as much as $20M in its IPO effort. and $16.00 per share, as it launches its roadshow. billion price tag.

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TVC Capital Backs Celigo

socalTECH

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. A part of the funding, TVC Capital's Steven J.

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Digital Insight Targets Small Business Market

socalTECH

Calabasas-based Digital Insight , which develops online financial software for banks and other financial institutions, said today that it has rolled out a new product focused on the small business market. Intuit acquired Digital Insight for $1.35B in 2006. Tags: intuit business digital small software financial insight.

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