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Docupace Launches New Product

socalTECH

Los Angeles-based Docupace, a developer of cloud-based software for the wealth management industry, said today that it has launched a new product. The company said its RIA Productivity Suite is aimed at advisory firms to help them digitize, streamline, connect, and automate their operations.

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.

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Hiring Developers Before Product/Market Fit?

SoCal CTO

The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. When product vision is truly clear, then it makes sense to execute it, and hiring follows. These companies are very early-stage and definitely have not shown product/market fit. They need to determine product/market fit.

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ChowNow Launches New Product

socalTECH

Los Angeles-based online ordering technology developer ChowNow says it has launched a new product, called the Order Better Network. According to the company, the new product helps connect restaurants to over a dozen channels for delivery and takeout. Pricing on the new product was not announced.

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Product Sciences Picks Up $18M For Mobile App Analysis

socalTECH

Los Angeles-based Product Science said this week that it has raised $18M in a seed funding round. The funding came from Slow Ventures, Coatue, K5 Global, Mantis Ventures, plus angels Peter Fenton (Benchmark), Jerry Murdock (Insight Partners), and executives at Snap.

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InvestCloud Launches New Products

socalTECH

Los Angeles-based InvestCloud, a developer of fintech software, said it has launched a new product called InvestCloud X. The company did not announce pricing on the product. InvestCloud is led by co-founder and CEO John Wise.

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Levine Leichtman Acquires Legal Software Developer Iridium Technology

socalTECH

Los Angeles-based private equity investor Levine Leichtman announced this morning that one of its portfolio companies, BigHand Ltd, has acquired legal software developer Iridium Technology from private equity investor Polaris Growth Fund. Financial details of the deal were not announced.