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Procore Snags Salesforce Vet For Marketing Chief

socalTECH

Carpinteria-based cloud software developer Procore Technologies announced this morning that it has named Jim Sinai as its new Senior Vice President of Marketing. Procore said Sinai will oversee global marketing for the company. Procore said Sinai will oversee global marketing for the company. READ MORE>>.

Marketing 113
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Procore Set For $592M IPO This Week

socalTECH

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

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Procore Now Worth More Than $11 Billion After IPO

socalTECH

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 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

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Seismic Names VP

socalTECH

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. Cole was previously VP and Research Director at Forrester-SiriusDecisions. Seismic is venture backed by Lightspeed Venture Partners, T. READ MORE>>.

San Diego 113
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Procore Prices IPO, Starts Trading Today

socalTECH

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 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

Pricing 113
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LeaseLabs Acquired By RealPage For $103M

socalTECH

San Diego-based LeaseLabs , which provides oline marketing services to the multifamily housing and apartment industry, has been acquired for $103M by real estate software developer RealPage. According to RealPage, LeaseLabs projects standalone revenue of $20M for the full 2018 year. RealPage is based in Richardson, Texas.

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Cylance Aims To Secure Political Campaigns

socalTECH

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. READ MORE>>.