Remove 2012 Remove Company Remove Software Remove Software Review
article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
article thumbnail

ServiceNow Tops Job Creation List

socalTECH

San Diego-based enterprise software developer ServiceNow has been ranked the top job creator in a listing from Inc. Magazine, the company reported today. The company added 792 jobs during the three period. The company said it was number six among all companies in California, and number 14 in the overall top 100.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cornerstone OnDemand Plans New Cloud Products

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of talent management software headed by Adam Miller, said today that it has launched a new set of products. The firm said that the cloud-based versions of the software will make it faster to deploy and easier to scale than on-premise systems.

article thumbnail

9 Innovative Startups To Watch For in 2024

Tech.Co

Source: hibobbie.com The company also raised an impressive $70 million in funding in June to acquire the legacy pediatric nutrition brand Nature’s One, bringing its total kitty up to $142 million and helping to secure its competitive advantage in the industry going forward. Organic milk formula product Bobbie. Gumroad homepage.

Startup 210
article thumbnail

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The company is ServiceTitan, and its market… is air conditioners. Founded by Ara Mahdessian and Vahe Kuzoyan in 2012, ServiceTitan is very much an up-and-coming billion-dollar business that’s a family (minded) affair. These kinds of technologies, unlike AI, don’t automate away workers.

Glendale 271
article thumbnail

TrueCar Dealer Sales Pass 700,000 Vehicles

socalTECH

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar had announced it 500,000th vehicle in March of 2012.

Truecar 174
article thumbnail

What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

Independa ($5M, San Diego, software for senior independence). LaunchpadLA Opens Up Spring Applications. Broadcom Powering New Mac Wireless. Surf Air Gets First Aircraft. In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health). How to find a startup mentor.