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Epicor Buys ShopVisible For Cloud E-commerce, Ordering

socalTECH

Epicor , the enterprise software developer which has major operations in Orange County, said this week that it has acquired a cloud-based developer of management and e-commerce software called ShopVisible. ShopVisible is the second, retail e-commerce software company Epicor has acquired in the last two month. READ MORE>>.

Commerce 138
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. 4 key areas SaaS startups must address to scale infrastructure for the enterprise.

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Epicor Completes ShopVisible Buy

socalTECH

Epicor , the big enterprise software developer which has extensive operations in Orange County, said Monday that it has completed its acquisition of ShopVisible , the developer of e-commerce and order management software. No financial details of the acquisition deal have been announced by either of the companies. READ MORE>>.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. One of our SaaS companies made great strides with a new product.

Capital 100
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Magento Acquired By eBay

socalTECH

Los Angeles-based Magento , the developer of e-commerce software headed by Roy Rubin, has been acquired by eBay , eBay said this morning. Financial terms of the acquisition were not disclosed. Magento's open-source, e-commerce software will become part of X.Commerce, eBay's newly created integrated open commerce platform group.

Commerce 153
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year. We are proud to be a partner in the company’s rapid nationwide expansion and excited by the strong momentum of WholesaleWare, their SaaS suite, which is the best we have seen in space.”

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Fauxmentum

Both Sides of the Table

“the ecommerce company gained fauxmentum by raising artificially high amounts of venture capital and spent lavishly on customer acquisition despite long payback periods and questionable LTV” __. In the ecommerce arena I see some great companies spending heavily on customer acquisition. __. faux·men·tum.

Startup 150