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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market.
All this holiday season, we have been sharing the reflections on 2016 from Southern California's technology ecosystem. Wannier has chaired Boards of Directors and as CEO built companies in four different industries: Education Technology, Consumer Electronics, Information Management Software and Fashion/eCommerce.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. The introduction of KidGuard, new cell phone monitoring software that gives parents the ability to access their child's digital interactions, was a major accomplishment. You can see all of our holiday reflections here.
An edtech startup called Entity Academy — which provides women with training, in areas like data science and software development; mentoring; and ultimately job coaching — has raised $100 million on the heels of strong growth of its business, and an ambition to improve that ratio.
The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based based company, San Vicente Acquisition Partners. That ownership was later scrutinized by a U.S.
The Walt Disney Company said that this year's class includes Ader , an e-sports and gaming influencer marketplace; Atom Tickets , a mobile movie ticketing app; Hanson Robotics , a developer of human-like rbots; Jaunt , a developer of cinematic virtual reality software; littleBits , a developer of electronic, robotic toys; Nom , an online streaming (..)
As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work.
Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. “That worldwide reach is very important,” Grignon said.
According to the accelerator, the companies in the program include: AppliedVR (mobile VR for healthcare); Deep6 (AI applications for healthcare); Ella (chronic pain treatment using mobile apps); Grace (end of life management software); HomeHero (in home care); Inscope Medical Solutions (improved intubation); Silversheet (talent management); Statis (..)
Santa Barbara-based venture capital investment firm Rincon Ventures is part of a new funding round for quality assurance software developer Rainforest QA. Rincon invested in Rainforest QA's Series A round back in 2016. Rainforest is based in San Francisco. READ MORE>>.
Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud , a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology.
Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only [.]. Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. IDC predicts SaaS growth at 25.3%
Threatcare says it provides breach and attack simulation, antivirus assessment, credit card exfiltration, and many other simulations to help organizations evaluate cybersecurity software--to see how effective those tools are, before an actual breach. presidential elections in 2016. presidential elections in 2016.
Crowdstrike , the cybersecurity software developer which was founded in Orange County, which recently had its IPO, is getting some unwelcome attention today after the company's name came up in a transcript of calls involving Ukraine and the President of the United States.
San Diego-based Netradyne , a developer of artificial intelligence and "deep learning" software used for vision recognition--particularly in autonomous vehicles--has raised $21M more in a funding round. percent of the startup; Reliance had invested $16M in Netradyne in 2016. READ MORE>>.
Boost.ai , a European startup which is developing conversational artificial intelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. was founded in 2016. READ MORE>>.
Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle.
Irvine-based cybersecurity software developer Cylance said Tuesday morning that it has named Greg Silberman as the company's Chief Privacy Officer. He also served at Lawrence Berkeley National Laboratory.
Peoplenet was a developer of cloud-based, workforce management software; Bullhorn is a developer of CRM and operations software for the recruitment industry. Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. Financial details of the sale were not announced. READ MORE>>.
ID Analytics became part of Symantec, when Symantec acquired Lifelock in 2016. ID Analytics provides consumer risk and fraud analytics software, which uses consumer behavior for fraud detection. According to ID Analytics, Nigam will report to Symantec SVP for Information Protection Nico Popp. READ MORE>>.
ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2
Lancaster, California-based Simulations Plus , which develops simulation and modeling software, said Thursday that it has completed its acquisition of North Carolina-based DILIsym Services. DILIsym develops software for the simulation of drug-induced liver injury. Simulations Plus said DILIsym had revenues of just over $3M in 2016.
According to a regulatory filing by Bitvore, the funding comes as part of an round which kicked off in December of 2016, and so far includes 36 investors. The technical team at Bitvore includes such well known local technology execs as Greg Bolcer (CTO) and Alan Chaney (Chief Software Architect, VP Engineering).
Irvine-based smart television maker VIZIO says it is rolling out support for Apple AirPlay 2 and HomeKit, including for smart TVs it built as far back as 2016. The upgrades to those VIZIO TVs is a welcome move for consumers, who usually are stuck with whatever version of software might be loaded on their television when the purchased it.
has made an investment in New York-based Diligent , a developer of enterprise governance management software. Insight Ventures acquired Diligent in February of 2016. Santa Monica-based private equity investor Clearlake Capital Group, L.P. Size of the investment was not announced. READ MORE>>.
Los Angeles-based Digital Fuel , a provider of IT business management software, has been acquired by Apptio , the two companies announced Friday. Digital Fuel had been founded in 2000, and was acquired by VMware in 2011; Digital Fuel was then acquired by Skyview Capital in 2016. Financial details of the buy were not announced.
Santa Monica-based venture investor Mucker Capital is one of the investors in a developer of fraud prevention and identity verification software, which uses email address scoring. Mucker Capital first made an investment in Emailage back in 2016. READ MORE>>.
Lead Inclusively said the new funding will go towards further developing its software-as-a-service platform, which is says is focused on "the science of behavior change and habit formation." Denise Hummel is the founder and Chief Executive Officer of Lead Inclusively, which was founded in 2016. READ MORE>>.
Irvine-based NextGen Healthcare Information Systems , a provider of electronic health records software which is owned by Quality Systems, said this morning that it has agreed to acquire Entrada , a Nashville-based provider of cloud-based mobile apps for the electronic health records (EHR) market.
Santa Monica-based Casetabs , a developer of cloud-based software used for surgical case coordination, has raised $3M in a funding round, the company said on Tuesday morning. The company was foudned in 2016, and says it is now used in more than 200 surgical facilities and 1,500 physician practices. READ MORE>>.
Containers" are a software technique used to deploy and manage applications across the cloud, and are particularly popular for DevOps. Anchore was founded in 2016 by Said Ziouani and Daniel Nurmi. According to Anchore, the new office in the UK will be for its sales and customer support teams, and it also plans additional hires.
Santa Monica-based Cornerstone OnDemand , which develops software and services used for employee development and training, says that its CFO, Brian Swartz, is leaving the company. Swartz had been CFO of Cornerstone OnDemand since May of 2016. Coughlin has previously served at Workday, Goldman Sachs and Co., READ MORE>>.
Santa Monica-based private equity investor Clearlake Capital Group said on Thursday that it has agreed to merge Syncsoft Incorporated and Vision Solutions , two enterprise software companies that it already owns, and sell the resultant company to Centerbridge Partners. Clearlake acquired Syncsoft in 2015, and Vision Solutions in 2016.
Los Angeles-based Social Reality (SRAX), which developing digital marketing and consumer data management software--and more recently, has tried to launch its own cryptocurrency called BIGtoken--said it is restating its results all the way back to March of 2017. READ MORE>>.
GumGum said its revenues in 2016 were $72M, and it expects to have revenues of nearly $110M in 2017. GumGum's software is used for analyzing visual contents in the social media, publishing, and other areas. In the programmatic advertising market, its software is used for targeting and understanding advertisement tied to images.
The company, which develops patient monitoring devices which can connect to the cloud, said that Ghoshal was ost recently Chief Operating Officer at Brightree, a Resmed-owned company which provides cloud-based software-as-a-service for out-of-hospital care. READ MORE>>.
Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. funding round for Docupace in 2016. Financial terms of the sale were not announced. READ MORE>>.
El Segundo-based online postage and shipping software developer Stamps.com says it has named Katie May, the CEO of e-commerce software company ShippingEasy.com , to its board of directors. ShippingEasy was acquired by Stamps.com in 2016. READ MORE>>.
Irvine-based Mavenlink , a startup which develops business process management software and related tools for services businesses, has raised $48M more, in a Series E funding round. The company last raised a funding round back in 2016, which also was led by Goldman Sachs.
Carlsbad-based electronic health records software developer Medsphere Systems Corporation , and St. Medsphere has been slowly growing the company through similar mergers; the company merged with IT solutions provider ChartLogic in June of 2016, and merged with IT outsourcing provider Phoenix Health Systems back in 2015. READ MORE>>.
Los Angeles-based conversational text messaging software developer Emotive--which is backed by CRV and others--said this week that it has named Matt Cooley as the company's President and COO. The company recently raised $50M in its Series B funding round. Cooley is a seed investor in the company, and previously was President and COO of Skael.
Wednesday, October 19, 2016 -- Siemer Summit. The Siemer Summit draws notable attendees from around the world for two days of unique presentations and relationship building with key players in the software and digital media industry. Invite only. See [link] (more)
Tuesday, October 18, 2016 -- Siemer Summit. The Siemer Summit draws notable attendees from around the world for two days of unique presentations and relationship building with key players in the software and digital media industry. Invite only. See [link] (more)
Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only […]. Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. CAGR through 2014.
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