Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software.

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Tech.Co

FEBRUARY 8, 2019

It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. Here’s what the podcast acquisitions mean for Spotify, for the entire podcast industry, and for all the tiny underdog podcasters out there. That’s because the acquisitions make Spotify a publisher, as well as platform.

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socalTECH

APRIL 24, 2009

Brea-based IMS Company , a manufacturer of in-flight portable entertainment players and related products, said Friday that it has acquired Flight Deck Resources, a provider of hardware for flight deck management on airplanes. According to IMS, Flight Deck Resources will become a new division, which will be known as IMS Flight Deck.

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socalTECH

JULY 7, 2009

Aliso Viejo-based Quest Software said today that it has released new software aimed at the storage resource management market. The new product is the firm's first product addressing the storage resource management (SRM) market. Tags: quest software monosphere storage resource management. READ MORE>>.

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Software Resource Acquisition Report 100

socalTECH

AUGUST 30, 2012

San Diego-based JMI Equity has teamed with fellow private equity firm Apax Partners in the acquisition of Paradigm Ltd. Paradigm is a developer of oil and gas software, used in the geosciences and exploration business. worth $1 billion in cash, the firms involved with the transaction announced today. READ MORE>>.

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socalTECH

AUGUST 4, 2017

Anaheim-based Willdan Group said on Thursday afternoon that it has acquired Integral Analytics , a developer of data analytics software for the utility industry. Financial terms of the acquisition were not announced. Willdan said it expects the acquisition to add $10M in revenues in 2018. READ MORE>>.

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socalTECH

AUGUST 26, 2013

Financial details of the acquisition were not announced. BestVendor provides a tool to help small businesses help find software services, providing recommendations on the best software tools for their company. BestVendor said thecurrent functionality of the BestVendor site will not be affected by the acquisition.

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socalTECH

FEBRUARY 14, 2018

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

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socalTECH

SEPTEMBER 25, 2018

Los Angeles-based Acuant , a developer of identity verification software, has been acquired by private equity investor Audax Private Equity. Financial details of the acquisition were not announced. Acuant was owned by Insight Venture Partners, Lightview Capital and Egis Capital Partners. READ MORE>>.

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socalTECH

OCTOBER 7, 2013

Santa Monica-based software-as-a-service developer Cornerstone OnDemand said this morning that it has added former Eloqua CEO Joe Payne to its board of directors. Cornerstone OnDemand is a developer of software-as-a-service tools for enterprise, human resources and human capital management. READ MORE>>.

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socalTECH

DECEMBER 15, 2020

El Segundo-based NEOGOV , which develops human resources software for the public sector, says it has agreed to merge with PowerDMS , a developer of cloud-based compliance software. PowerDMS develops compliance software used to track compliance with politics, training, and industry standards. READ MORE>>.

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socalTECH

OCTOBER 7, 2014

Evolv was venture backed by VantagePoint, GGV Capital, Khosla Ventures and Lightspeed Venture Partners, and developed software-as-a-service aimed at the human resources and employee management market, which helps employers better match job applicants to positions. READ MORE>>.

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socalTECH

OCTOBER 15, 2021

Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50

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socalTECH

FEBRUARY 24, 2020

Santa Monica-based Cornerstone OnDemand has acquired fellow talent and human resources management software developer Saba , in a deal worth approximately $1.395 billion, the company said on Monday. Cornerstone OnDemand said that Saba, which has approximately 3,300 clients, has a complementary product portfolio to the company.

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socalTECH

MARCH 8, 2012

Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). Sonar6 develops cloud-based, talent management software focused on small businesses.

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Cornerstone OnDemand Oracle Santa Monica Acquisition 153

socalTECH

MAY 27, 2015

Irvine-based Neudesic , which develops software and services for the enterprise market, said today that it has acquired Anaheim-based Web4 , a provider of enterprise content management (ECM), human resources, and collaboration software. Financial terms of the acquisition were not announced.

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Startup Professionals Musings

OCTOBER 30, 2020

This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market. Facilitate rapid growth through contracted resources. Prioritize mergers and acquisitions early. Take advantage of low-cost modern tools and automation.

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Outsource Development Social Media Software Review Customer 154

socalTECH

JULY 1, 2013

Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. intuit financial services merger acquisition finance software mobile banking' Intuit had acquired Digital Insight back in 2006, for $1.35 READ MORE>>.

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Startup Professionals Musings

OCTOBER 27, 2014

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The good news is that a patent can scare off or at least delay competitors, and as a “rule of thumb” patents can add up to $1M to your startup valuation for investors or M&A exits (merger and acquisition).

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Patents Software Review Software Technical Advisors 100

socalTECH

JULY 17, 2012

Aliso Viejo-based Telogis , the developer of location intelligence software, said this evening that it has acquired Navtrak , a provider of mobile resource and fleet management products. Financial terms of the acquisition were not announced. Telogis said the buy will help it gain greater reach into small- and mid-sized markets.

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Resource Acquisition Mobile Software 140

Tech Zulu Event

JANUARY 15, 2014

Google’s acquisition of Nest gives the the co-founders an early exit and resources to up their hardware game. Nest is not Google’s first hardware acquisition. Billion Nest Acquisition appeared first on TechZulu. Google EnergySense. ” Nest and Google are not new to each other.

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Google Acquisition Resource Social Media 86

socalTECH

JULY 15, 2015

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? With this acquisition, that has put Concur into SAP.

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Software Report Startup IBM 100

socalTECH

FEBRUARY 27, 2019

Forge Technologies , a developer of software used for managing hourly employees, said this morning that it has acquired Los Angeles-based ShiftMe , a developer of "shift-swapping" apps. As part of the acquisition, Forge Technologies said it is moving its headquarters to Los Angeles.

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socalTECH

MAY 11, 2012

Human resources service provider TriNet confirmed Thursday that it has acquired Los Angeles-based expense report management software provider ExpenseCloud. ExpenseCloud's management team, including both co-founder and CEO Eric Sikola and co-founder and CTO Dan Fritcher, will join TriNet as part of the acquisition.

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Startup Professionals Musings

JULY 26, 2010

Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions. This initial focus is usually driven by limited financial and people resources, as well as the bandwidth of the executive team. Even mergers and acquisitions (M&A) came early. Marty Zwilling.

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Acquisition Startup Organization Competition 85

socalTECH

FEBRUARY 9, 2011

Aliso Viejo-based Telogis announced last night that it has acquired cetain assets, and substantially all of the business of Integris , a provider of routing, mobile resource, and fleet management software. Telogis is a developer of location-based intelligence software and services. Financial terms of the buy were not disclosed.

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Resource Acquisition Software Mobile 145

Startup Professionals Musings

DECEMBER 13, 2012

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. Yes, the software patent process is a mess. I say this with conviction even after I survived the process, and have a software patent pending. Software technology changes rapidly.

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Patents Software Technical Advisors Startup 93

socalTECH

OCTOBER 15, 2014

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups. in its seed funding round.

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socalTECH

SEPTEMBER 29, 2010

Cornerstone OnDemand develops software-as-a-service, used by human resources and others to manage learning, career development, succession planning, and other corporate operations. Tags: software saas exit acquisition merger ondemand cornerston. According to the S-1, the firm had a net loss of $8.3M on revenues of $29.3M

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Cornerstone OnDemand Southern California Santa Monica SaaS 208

socalTECH

JANUARY 2, 2020

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. Are there any technology innovations, gadgets/devices, software, that you found most interesting in 2019?

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socalTECH

DECEMBER 11, 2018

Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Financial details of the buy were not announced. Cast & Crew previously was owned by private equity investor Silver Lake. READ MORE>>.

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Startup Professionals Musings

JULY 7, 2011

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. Yes, the software patent process is a mess. I say this with conviction even after I survived the process, and have a software patent pending. Software technology changes rapidly.

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Patents Software Technical Advisors Innocal 91

socalTECH

JUNE 15, 2010

Irvine-based OneMind Connect , which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. ExpensAble is an expense report management software delivered both as installable desktop software and as software-as-a-service.

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Outsource Development Outsource Report Resource 100

socalTECH

JUNE 7, 2012

Santa Barbara-based QAD , the provider of enterprise resource planning software, said this morning that it has acquired a French developer of supply chain planning software. QAD said it has acquired DynaSys S.A. which is based in Strasbourg, France, in a deal worth approximately $7.5M.

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Startup Professionals Musings

APRIL 28, 2021

No matter how passionately you believe that everyone needs one, and positive feedback from friends and early adopters (false positives), before you invest in scaling the business, make sure you set and meet good metrics in cost of customer acquisition, recurring sales, and margin. Gather your resources before scaling the business.

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Technical Review Case Study Mentor Software Review 131

socalTECH

SEPTEMBER 14, 2012

Epicor Software , the business and manufacturing software developer, said this week that it has acquired Solarsoft Business Systems. Solarsoft is a developer of midmarket, enterprise resource planning (ERP) software, and was backed by Los Angeles-based private equity firm Marlin Equity Partners.

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Equity Activity Resource Software Development 150

socalTECH

MAY 23, 2012

In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach.

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