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Happy Customers Make Gender Bias (Nearly) Irrelevant

InfoChachkie

A 2012 Dow Jones'' report entitled Women At The Wheel encompassed 15-years of data on venture-backed startups. In a similar vein, a 2012 study by the Kauffman Foundation noted that women account for only 10% of all the founders of high-tech startups. During the period studied, only "1.3% Share and Enjoy.

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Honey Acquired By PayPal For $4 Billion

socalTECH

Honey was founded in 2012 by George Ruan and Ryan Hudson. PayPal said that the acquisition will "transform the shopping experience" for its consumers and also increase sales and customer engagement for its merchants. Honey now has approximately 17 million monthly active users.

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EdgeCast Doubles Revenues, Tops 225 Employees

socalTECH

Santa Monica-based content delivery network (CDN) provider EdgeCast said this morning that it doubled its revenues in 2012, and now has more than 225 employees. The firm provides edge network services to help deliver content from such customers as Twitter, Pinterest, Sony, and Hulu to end users.

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CallFire Claims Record Growth

socalTECH

Santa Monica-based cloud telephony provider Callfire , which develops cloud-based telephony services used to automate phone calls and voice applications, reported today that it had record growth in 2012. The company said it saw revenue growth of 58 percent for the company. Actual financials were not disclosed by the company.

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DriveCam Hits $100M In Revenues

socalTECH

DriveCam , the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. DriveCam said the revenue growth came due to global expansion, strategic partnerships, and continued growth within its customer fleets.

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MaintenanceNet Wins Panasonic

socalTECH

The firm, which develops software-as-a-service used by companies to automate warranty and maintenance contract management, reported another win this morning, with Panasonic. billion in service contracts for its customers last year. The firm hasn't given any actual financials, but did say it generated more than $2.3

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Demand Media Revenues, Pageviews Grow

socalTECH

Santa Monica-based Demand Media , the online content publishing firm run by Richard Rosenblatt, reported its second quarter 2012 financial results on Tuesday afternoon, saying that both its revenues and pageviews grew from year to year. for the three months ended June 30, 2012, up 17 percent from the same quarter last year.

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