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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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Forge Platform Finds $1M For Ethereum SDK

socalTECH

Santa Monica-based Forge Platform , which is developing software development kits used for Ethereum, has raised $1M in a seed funding, the company disclosed on Wednesday. The funding came from Manta Ray Ventures and Upfront Ventures. The company was founded by Chris Lorenz, Geoffrey Anderson, and James Borow. READ MORE>>.

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Medsphere Systems Merges With Stockell Healthcare

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Carlsbad-based electronic health records software developer Medsphere Systems Corporation , and St. Stockell Healthcare Systems is a developer of revenue cycle management (RCM) tools. Louis-based Stockell Healthcare Systems said today that the two are in a merger agreement, which will make Stockell a division of Medsphere.

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Chrome River Claims Big User Growth

socalTECH

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 said it had record growth in 2015, and now has over 430 enterprise customers and more than 1 million users.

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DivShot Acquired By Google

socalTECH

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.

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The Trade Desk Quietly Pushes Past $200M In Revenues

socalTECH

However, The Trade Desk , the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region. The company--which quietly disclosed the $202M in 2014 revenues in the 2015 Inc. Trade Desk has raised only $22.5M in total funding. READ MORE>>.

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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>>.

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