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Chrome River Says It Books Record Sales Quarter

socalTECH

Los Angeles-based Chrome River , which develops expense and invoice management software, said this morning that it had its largest first-quarter sales in the company's history. The company is backed by Great Hill Partners, which invested $100M in the company in 2015. READ MORE>>.

Sales 113
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Pakedge Device and Software Acquired For $32.7M By Control4

socalTECH

Pakedge Device & Software , a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M in sales in 2015, and had been led by Victor Pak and Dusan Jankov. deal, the companies said this week. Pakedge has offices in Huntington Beach. Pakedge had approximately $18.5M

Software 100
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How Digsy Is Using Data, And Deals, To Drive Real Estate Sales

socalTECH

Andrew Bermudez , co-founder and CEO of Irvine-based Digsy (www.getdigsy.com) wasn't looking to build software to help commercial real estate brokers close more deals. However, starting in 2015, we found that creating this was really hard. What is Digsy? Andrew Bermudez: Originally, Digsy was an Uber for commercial brokers.

Sales 145
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Skyview Capital Sells Off Syncplicity

socalTECH

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015.

Capital 113
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Chrome River Claims Record Revenues, Growth

socalTECH

Los Angeles-based Chrome River , a developer of expense management and invoice management software, reported what it said were record revenues in 2016, and its highest ever sales quarter in the final quarter of the year. The growth comes thanks to $100M in funding from Great Hill Partners in June of 2015. READ MORE>>.

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ResMed Acquires Brightree For $800M

socalTECH

San Diego-based medical device provider ResMed has acquired healthcare software developer Brightree , in a deal worth $800M, according to the companies. ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015.

San Diego 100
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Tealium Reports Growth

socalTECH

San Diego-based software developer Tealium , which develops software used to manage enterprise "tags", those snippets of codes used for tracking advertising, marketing, analytics, and other efforts, said today that it had 100% growth in the first quarter of 2015. The company did not disclose any actual revenue numbers.

Report 100