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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations. The company is based in Utah. The company is based in Utah.

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Subspace Names Sales VP

socalTECH

Los Angeles-based Subspace, which operates a WebRTC, real time application network, has appointed Davide Petramala as its new Vice President of Sales, the company said today. Subspace said Petramala had joined Avaya through the acquisition of Esna technologines inc.

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PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online.

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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition. Shopify has even partnered with TikTok to facilitate in-app sales for small businesses. Amazon's acquisition of Selz doesn't represent a dramatic change to its business model.

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Boingo Wireless Target Of Acquisition Effort

socalTECH

The company, in its quarterly earning release, said it is "not commenting on rumors regarding the recent news story speculating the Company is exploring a potential sale." Boingo says it has engaged advisors to help "assess these opportunities", but did not say who it has hired to help it manage any potential transaction.

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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

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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Cornerstone OnDemand Chops Sales Staff, Shuffles Sales Head

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday.