Xconomy

DECEMBER 27, 2018

2018 was a year of ups and downs for the business and technology community. As the year winds down, we’re reflecting on the big innovation trends and developments that will carry over to next year. As the year winds down, we’re reflecting on the big innovation trends and developments that will carry over to next year.

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socalTECH

AUGUST 10, 2021

Paso Robles-based SensibleIoT, a software developer which develops Internet-of-Things (IoT) software, has been acquired by Montrose Environmental Group, an environmental services company with more than 2,000 employees. SensibleIoT was founded in 2018 by Charles Beach.

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socalTECH

APRIL 25, 2016

Pasadena-based Guidance Software said Friday that it has settled the proxy fight it had with its former Chairman and founder, Shawn McCreight. The company said that McCreight will vote for the company's current slate of director noimnees, and drop his litigation against the company--as well as agree to a "Standstill" through January 2018.

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Xconomy

DECEMBER 17, 2018

[ Editor’s note: This is part of a series of posts sharing thoughts from technology leaders about 2018 trends and 2019 forecasts. But getting there will require designing software that can “think” and communicate more like humans—big challenges that A.I. “I think we’ve gotten to a point where.

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socalTECH

AUGUST 19, 2021

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. Financial details of the acquisition were not announced.

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socalTECH

JANUARY 7, 2021

Los Angeles-based accounting software developer Blackline has promoted Mark Woodhams to the position of Chief Revenue Officer, the company said on Wednesday. BlackLine develops software which automates account reconciliation and other typically manual operations for accounting departments.

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socalTECH

MAY 17, 2021

Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business. billion market cap.

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TechCrunch LA

NOVEMBER 17, 2020

A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. ” So far, the company has worked with CAA, UTA and WME on all of the brands in development, Bloom said. We create an entity that we spin out.

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socalTECH

NOVEMBER 10, 2020

Irvine-based TITAN School Solutions , a developer of software used for managing school district meal programs, has been acquired by LINQ , a developer of school district management software. Series A funding round back in 2018. Series A funding round back in 2018. READ MORE>>.

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socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018.

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socalTECH

OCTOBER 26, 2017

Santa Clara- and San Diego-based ServiceNow said on Wednesday that it has acquired San Mateo-based SkyGiraffe , a developer of a mobile software development platform. The company said it will embed SkyGiraffe's technology in its Now Platform in 2018. Financial details of the buy were not disclosed. READ MORE>>.

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socalTECH

AUGUST 18, 2020

Los Angeles-based software developer SmartAction , which develops conversational, AI-powered virtual agents for contact centers, said this morning that it has named Gary Davis as its CEO. The company went through a management recapitalization in February of 2018. READ MORE>>.

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socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

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socalTECH

SEPTEMBER 21, 2021

Los Angeles-based Savyint, which develops identity and access management software for the enterprise market, has raised $130M in a new financing, according to the company. The company did not say if the financing was in the form of equity or debt; the company had announced funding from Carrick Capital Partners in 2018.

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socalTECH

JULY 9, 2020

San Luis Obispo-based Mindbody , which develops software for the wellness and spa industry, said that its co-founder and CEO, Rick Stollmeyer, is shifting to the position of Executive Chair. Mindbody's software is used by wellness businesses to manage appointments, bookings, marketing, and other aspects of their business.

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socalTECH

MAY 20, 2021

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. above its debut, up 31.34%. Piper Sandler & Co.,

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socalTECH

SEPTEMBER 4, 2020

Irvine-based Digital Motors , which develops an online car sales platform for car dealers, said this week that it has named Paul Edmonds as its VP of Customer Success. Digital Motors develops an online platform that allows car dealerships to offer up online sales, and was founded in 2018. READ MORE>>.

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socalTECH

FEBRUARY 23, 2021

Chatsworth-based DDN, which develops high performance computing storage and artificial intelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.

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TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. The new batch of startups coming from across the U.S.

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socalTECH

MAY 20, 2021

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. Piper Sandler & Co.,

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socalTECH

JULY 27, 2020

Arrowroot Capital has been an investor in SocialChorus since 2018. SocialChorus is a developer of employee communications software and tools. Arrowroot Capital said it will continue to own a minority interest in the company. READ MORE>>.

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socalTECH

FEBRUARY 10, 2021

Irvine-based Viant, which develops advertising software, had a successful IPO on Wednesday, selling 10 million shares of its stock at $25 per share last night, above its initial estimated IPO price of $19.00 in 2018, and the acquisition of Adelphic in 2017. The company jumped all the way to $47.72

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socalTECH

SEPTEMBER 10, 2020

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.

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Tech.Co

MARCH 1, 2018

And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. Canecto (Copenhaugen, Hovedenstad, Denmark). Love Intently (Austin, TX).

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socalTECH

NOVEMBER 16, 2018

Irvine-based cybersecurity software developer Cylance has been acquired by BlackBerry , in a deal worth $1.4 Cylance, develops artificial intelligence-based cybersecurity software, which detects and reacts to cybersecurity threats. billion in cash, BlackBerry announced this morning.

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socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

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socalTECH

MARCH 19, 2019

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. Morgan, and received its seed funding round back in December of 2018. Drambarean was previously at Capital One. Trovata is backed by J.P. READ MORE>>.

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Tech.Co

APRIL 30, 2018

The team at Headai creates software bots to help automate everyday intellectual tasks. in Spring 2018. Head of Business Development for U.S. has partnered with Arlington Economic Development to bring you this story. The post 5 Virginia Startups at Collision 2018 That Should Be on Your Radar appeared first on Tech.co.

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socalTECH

AUGUST 4, 2017

Anaheim-based Willdan Group said on Thursday afternoon that it has acquired Integral Analytics , a developer of data analytics software for the utility industry. Willdan said it expects the acquisition to add $10M in revenues in 2018. Financial terms of the acquisition were not announced.

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socalTECH

FEBRUARY 1, 2021

Irvine-based a href="[link] Technology, a developer of advertising software, says it has launched an IPO, intending to sell 7,500,000 shares of its Class A common stock in an offering on the Nasdaq Global Market as DSP. in 2018, and the acquisition of Adelphic in 2017. The IPO will raise as much as $181M for Viant. and $21.00

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socalTECH

DECEMBER 18, 2017

Los Angeles-based accounting software developer FloQast is in a major expansion, saying this morning that it has relocated its headquarters to Sherman Oaks, and has tripled its office space. Floqast is a developer of close management software, used by accountants to close their books faster. READ MORE>>.

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socalTECH

DECEMBER 27, 2017

What are you looking forward to most in 2018? In 2018 I'm looking forward to seeing some great new startups emerge in LA in areas such as future of work, cleantech, and blockchain, and to investing in ten more great companies. Applications for Techstars LA 2018 open on January 8. Find her @annawbarber. READ MORE>>.

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Tech.Co

MARCH 8, 2018

Fortunately, for those headed to SXSW, Startup Night SXSW 2018 , presented by the Kauffman Foundation and TechCo, will be filled with investors from a multitude of industries who are looking to discover and fund startups building the latest solutions and tech innovations. Lisha Bell, Deal Flow Lead for Pipeline Angels.

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socalTECH

JUNE 19, 2018

Irvine-based Cylance , which develops endpoint security software, said on Tuesday that it has raised $120M more in a funding round, for its artificial intelligence-powered software. Cylance, led by Cylance CEO Stuart McClure, says it had over $130M in annual revenues for its fiscal year 2018, and saw 90% year-over-year growth.

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socalTECH

AUGUST 16, 2018

Irvine-based cybersecurity software developer Cylance said today that it is looking to secure all of 2018's U.S. political campaigns, by offering up its software at no cost to political campaigns and candidates. Cylance cited an "unprecedented number of threats" to the democratic process.

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socalTECH

MARCH 4, 2019

Los Angeles-based ServiceTitan , which develops software used to manage residential home service businesses, announced this morning that it has named Guy Longworth as the company's first Chief Marketing Officer. The company has been on a big expansion push, raising more than $200M in two funding rounds in 2018. READ MORE>>.

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socalTECH

MARCH 4, 2019

The Weidt Group orivdes energy consulting and software development, focused on the energy and operational performance of new and existing buildings for utilities. According to Willdan, The Weidt Group had approximately $14M in revenues in 2018, and that it expects the acquisition to be accretive to its earnings in 2019.

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