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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.

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CapLinked Launches Blockchain Auditing Product, TransitNet

socalTECH

Los Angeles-based software developer CapLinked , which is led by Eric M. Jackson, has launched a new product for helping companies in the blockchain and cryptocurrency area. CapLinked is venture backed by Alphabit Fund, Translunar One, Kenetic Capital, NextProtocol Ventures, and BKCM. READ MORE>>.

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Anametrix Names Product Management VP

socalTECH

San Diego-based real-time marketing analytics software developer Anametrix said Wednesday that it has named Barry Parshall as its new SVP of Product Management. Parshall was most recently at iJento, where he also served at SVP of Product Management. Parshall will head up product strategy for the company.

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Procore Releases Two New Cloud Products

socalTECH

Carpinteria-based construction software developer Procore Technologies has launched two, brand new cloud-based software products to the market, Procore Construction Financials and Procore Quality & Safety , according to the company. Pricing on the new offerings was not announced. READ MORE>>.

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ClickUp Collects $400M

socalTECH

San Diego-based productivity software developer ClickUp said this morning that it has raised a huge, $400M Series C funding round, which gives it a valuation of $4 billion. ClickUp is led by Founder and CEO Zeb Evans.

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A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

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NEOGOV Finds Funding From Carlyle, Warburg Pincus

socalTECH

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. The company was founded in 2000.