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Former Avast CEO Steckler Dies Unexpectedly In Irvine

socalTECH

Vince Steckler, the former CEO of cybersecurity software developer Avast, has unexpectedly died in a car accident in Irvine, according to the software developer. Steckler took Avast public on the London Stock Exchange in 2018, and took Avast from just under $20M in revenues to $800M, according to Avast.

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SensibleIoT Acquired By Montrose Environmental Group

socalTECH

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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Clearlake's Symplr Acquires SpinFusion

socalTECH

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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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 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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Blackline Names Chief Revenue Officer

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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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ServiceNow Buys SkyGiraffe

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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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Kyriba Hits $110M In Revenues, Promises Future Growth

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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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