socalTECH
AUGUST 19, 2014
Financial software developer Intuit is cutting 120 employees in Woodland Hills, according to a state Worker Adjustment and Retraining Notification, part of a larger cut involving locatoins in Illinois, Virginia, and Arizona. financial finance software employment jobs layoff intuit' The cuts apparently are slated for September 15th.
socalTECH
JUNE 23, 2014
Ixia has been digging itself out of a hole, all related to the surprise resignation of its former CEO back in October of 2013 due to a fabricated resume. That triggered a massive round of audits and delays to the company''s earnings reports, and has had the company fending off a delisting on the NASDAQ. READ MORE>>.
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socalTECH
MARCH 14, 2014
Calabasas-based Ixia , which develops network testing hardware and software, has received another warning from the Nasdaq over issues stemming from the sudden departure of its CEO last year over the discovery he had fabricated his resume. Ixia said it has until March 18th--Tuesday--to submit a plan to regain compliance with the listing.
Tech.Co
DECEMBER 29, 2023
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. million in 2023, up from $181.5
Startup Professionals Musings
OCTOBER 27, 2014
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. This patent holding company has charged infringement and demanded royalties from every app developer for the iPhone and Android, for a feature most agree has been in apps for many years.
Both Sides of the Table
DECEMBER 11, 2022
There were startups and a software industry but barely. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. Between 2006–2008 I sold both companies that I had started and became a VC. There was no money train. It was 1991.
socalTECH
FEBRUARY 26, 2013
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.
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