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Service-now.com Names Slootman CEO

socalTECH

San Diego-based Service-now.com , a provider of It management software-as-a-service, said Tuesday that it has named Frank Slootman as CEO. Slootman was the CEO of Data Domain, having taken that firm public in 2007, and selling the firm to EMC in 2009, where he served as a division executive. READ MORE>>.

Services 140
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Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco.

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ServiceNow Expands In Silicon Valley, As Revenues Exceed $125M

socalTECH

San Diego-based ServiceNow , the venture-backed, privately backed developer of IT management software, said today that it has passed $125M in annual revenues, and has opened up a new, San Jose development center. the firm's new San Jose development center will be headed by Moti Eliav.

San Diego 168
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Service-now.com Reports Yearly Revenues

socalTECH

Privately held, San Diego firm Service-now.com , a developer of IT service automation software-as-a-service, has released its yearly financial results, in an unusual move. The firm said today that it closed its fiscal year on June 30, 2009, with more than $28M in recurring revenue, and 280 customers.

Services 100
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Solekai Systems Names Marco Thompson As CTO

socalTECH

San Diego-based Solekai Systems , a software development firm focused on the smart grid industry, said today that it has named Marco Thompson as its Chief Technology Officer. Thompson was most recently CTO at Wind River Services, is Vice Chairman of CONNECT, and is Managing Partner at venture firm Express Ventures.

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Cubic Wins $33M Contract From Miami Transit

socalTECH

San Diego-based Cubic Transportation Systems , one of the business units of Cubic Corporation, said yesterday that it has been awarded a $33M contract from the Miami-Dade County Department of Transportation and Public Works (DTPW). Cubic had been the contractor for Miami-Dade's original EASY Card System install in 2009.

San Diego 100
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Kyocera Wireless Sells Indian Operations

socalTECH

San Diego-based Kyocera Wireless has sold its Indian subsidiary, Kyocera Wireless (India) Pvt. MindTree said it expects an increase of approximately $9M in revenues between October 2009 to March 2010 related to the deal. to IT firm MindTree Ltd., MindTree said Tuesday.