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DDN Reports $400M In Revenues In 2020

socalTECH

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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Techstars LA Announces 2020 Class

socalTECH

Techstars LA , the startup accelerator run by Techstars in the Los Angeles area, announced its 2020 class on Monday, saying that it has selected 10 companies to participate this year in a "socially distanced" program. Nine of the companies are based in Los Angeles, and one is based in New York City.

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K2 Insurance Services Buys Software Company Loss Run Pro

socalTECH

San Diego-based K2 Insurance Services, which owns a number of insurance services companies, said it has acquired software developer Loss Run Pro. Loss Run Pro develops subscription-based software that helps request, track, and manage loss runs. Loss Run Pro is based in Missoula, Montana, and was only founded in early 2020.

Services 124
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Reflections on 2020: Nick Hedges, MomentFeed

socalTECH

You will be able to get to all of these posts on our 2020 reflections here. In 2020, the pandemic radically changed the customer acquisition process for many consumer-facing industries. Today, we have Nick Hedges, CEO of MomentFeed (www.momentfeed.com). Are you a founder, CEO, or investor who would like to participate?

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ServiceTitan Buys CUC Software

socalTECH

Glendale-based ServiceTitan has acquired CUC Software , a developer of business software products aimed at the heating, ventilation, and air conditioning industry, the company said this week. CUC Software was based in Billings, Montana, and was founded in 1981. Financial details of the buy were not announced. READ MORE>>.

Software 113
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Uber Plans Flying Taxis In Los Angeles By 2020

socalTECH

On-demand ridesharing service Uber hopes to bring flying taxis to Los Angeles by 2020, the company said this morning, and has just signed a contract with the U.S. National Aeronautical and Space Administration (NASA) on software that would help support those flying taxi efforts.

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The Business Tech You Need in 2020

Tech.Co

In this article, we'll go over a few examples of the most essential business tech you're going to need to compete in 2020. Field Service Software. Fortunately, field service software is designed to keep track of all this and more, so you can focus on the big picture. Get started with field service software today.