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YAPI Finds Funding For Dental Software

socalTECH

North Hollywood-based Yapi , a provider of paperless communications and account management software for dental practices, says it has raised a round of growth investment from M33 Growth. YAPI's software allows dental practices to automate administrative tasks. Financial details of that investment were not announced. READ MORE>>.

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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

Since 2009 we’ve been in an unequivocal bull market. Consumers buying through smart phones, travelers using the new, shared economy and businesses replacing old software with modern cloud-based solutions. In the software industry we’ve always had a term that’s a bit of an anachronism called “shelfware.”

Marketing 354
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Central Desktop Sees Growth, Targets 50 Employees By Year End

socalTECH

Pasadena-based Central Desktop , a provider of online, software-as-a-service project management tools and applications, is in the midst of a growth spurt, says CEO Isaac Garcia. The firm says that it's been seeing lots of customer and sales growth, and is hiring across the board to grow faster. READ MORE>>.

SoCalTech 160
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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? Dave Terry: It's just part of our heritage.

Software 100
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How Do You Know if You Have the Right CEO to Run Your Business Until the End?

Both Sides of the Table

We grew 100% in SaaS revenue year-over-year and 650% over the past three years. If that’s your end goal I couldn’t think of a better leader to take us to that conclusion and I think it could be in the next few years because SaaS companies capable of doing 9 figures of recurring revenue are few and far between.

Demand 150
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%.

Startup 383
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When Should Technical Founders Become CEO?

Both Sides of the Table

I first met Nick Halstead in 2009 when he was running a company called Tweetmeme (the predecessor to DataSift) who had invented the Retweet button and actually helped Twitter develop its early API. Under Rob’s leadership we built out an amazing organization of seasoned enterprise software veterans in the US market.

CTO Hire 309