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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.

Commerce 138
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Assembly Acquires Pacvue

socalTECH

Los Angeles-based e-commerce software developer Assembly said this morning that it has acquired e-commerce advertising software developer Pacvue. Financial details of the buy were not announced. Pacvue is based in Seattle. Assembly s is led by co-founder and CEO Sandeep Kella.

Commerce 160
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Kajabi Collects Massive $550M Round

socalTECH

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The investment round firmly vaunts the company into unicorn territory. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113
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SmartLabs Acquired By Richmond Capital Partners, Raises $7.3M

socalTECH

Irvine-based SmartLabs , the parent company of smart home controller brand Insteon and home automation e-commerce site Smarthome , has been acquired by private investment firm Richmond Capital Partners. Financial terms of the acquisition were not announced, however, Richmond Capital Partners said it is investing $7.3M READ MORE>>.

Capital 124
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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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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. epicor shopvisible merger acquisition retail order saas software ecommerce'

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How Sekur.me Wants To Use Cell Phones To Fix Abandoned Shopping Carts

socalTECH

Is your cell phone the secret to fixing e-commerce''s problem with abandoned shopping carts? We spoke with CEO and founder Jack Bicer --just back from DEMO--to learn more about the app and why he thinks the company has the solution to e-commerce shopping cart abandonment. So this is for e-commerce sites, not in person purchases?

Symantec 214