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Classy: More Than $1.1 Billion Raised For Nonprofits

socalTECH

San Diego-based nonprofit fundraising software developer Classy says that more than $1.1 billion was raised by its nonprofit customers on its platform in 2021. The company--which helps nonprofits reach out to donors--said about $30.8 million of that was in recurring donations on its platform.

San Diego 189
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Former Avast CEO Steckler Dies Unexpectedly In Irvine

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Vince Steckler, the former CEO of cybersecurity software developer Avast, has unexpectedly died in a car accident in Irvine, according to the software developer. According to Avast, Steckler passed away in a tragic car accident in Irvine, California, on June 15, 2021, at the age of 62.

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LogicMonitor Names New CEO

socalTECH

Santa Barbara-based software developer LogicMonitor says it has named Christina Kosmowski as the company's new CEO, succeeding former CEO Kevin McGibben. According to LogicMonitor, it saw more than $150M in annual, recurring revenues and 50 percent year-over-year growth in 2021. Kosmowski was most recently President of the firm.

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Ecwid, NuORDER Acquired By Lightspeed For Nearly A Billion Dollars

socalTECH

Two, Los Angeles area companies--Ecwid and NuORDER--are in a deal to be acquired by Canadian point-of-sale software developer Lightspeed, Lightspeed announced on Monday. According to Lightspeed, it will pay approximately $500M for Ecwid, split between $175M in cash and $325M in shares of the company.

Commerce 113
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5 Key Success Attributes For An Aspiring Entrepreneur

Startup Professionals Musings

Gates was a software developer genius, but Ballmer upheld the marketing and business side. Marty Zwilling First published on Inc.com on 03/11/2021. Idea people must surround themselves with people who build momentum and get things done, including production, marketing, finance, and sales. Paul Allen was the idea visionary.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

Apple pulled ahead of other mobile phones in its early days largely because it cultivated an ecosystem of software developers who created iPhone apps to meet every consumer niche and need. Marty Zwilling First published on Inc.com on 05/20/2021. You need to be part of a larger ecosystem.