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BlackLine Names Chief Accounting Officer

socalTECH

Los Angeles-based accounting automation software developer BlackLine announced this morning that it has named Patrick Villanova to the position of Chief Accounting Officer. Villanova has been at BlackLine since 2015, and was head of BlackLine's global accounting through its IPO.

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Pepper Financial Gets $5.6M For Business Management Software

socalTECH

Los Angeles-based Pepper Financial , a startup led by startup veteran James Borow, recently raised $5.6M in a seed funding, which was led by Mark Suster at Upfront Ventures, and which also included Lerer Hippeau, Manta Ray, and angels. to bring better financial management to businesses. READ MORE>>.

Software 100
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Chrome River Claims Big User Growth

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Los Angeles-based enterprise software developer Chrome River , which develops cloud-based expense management and supplier invoicing software, says it grew its user base by 82 percent, year over year. The company did not say what that translates to in terms of revenues. 500 | 5000 lists in terms of growth rates.

Equity 100
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Ross Levinsohn Joins SteelHouse's Board

socalTECH

Los Angeles-based advertising software developer SteelHouse announced on Thursday that it has named Ross Levinsohn, the former CEO of Yahoo!, The company passed up the $100M in revenues mark back in 2015, and has been rumored to be seriously considering an IPO. to its board of directors. READ MORE>>.

Yahoo 124
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DivShot Acquired By Google

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Los Angeles-based Divshot , which had offered up hosting of static web pages for web developers, has been acquired by Google , and will join Gogole's Firebase software development team. Divshot says it will shut down all of its products and services as of Monday, December 14th, 2015.

Google 100
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BlackLine Tops 1300 Customers

socalTECH

Los Angeles-based finance and accounting automation software developer BlackLine reports this morning that it added 393 new customers in 2015 and now has over 1300 customers around the world.

Customer 100
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SteelHouse Hits $130M In Revenues

socalTECH

Los Angeles-based advertising software developer SteelHouse said it had a $130M revenue run rate in 2015, after seeing a growth of 170% during the year, the company said Wednesday. The company, led by Mark Douglas, offers up software to help its clients with social, mobile, and display advertising.