article thumbnail

Accruent Acquired By Genstar Capital

socalTECH

Accruent , the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. The company was based in Santa Monica until recently, when it moved its headquarters to Texas; the company still has a Santa Monica office.

Capital 113
article thumbnail

Can your employees recruit from a customer or supplier?

Berkonomics

One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be great to work in your company.” The rule should be one that includes only one “out”: if a person resigns from the position with the stake-holding company, then you will be happy to talk about a position. The exception.

Customer 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nexiant Plans Major Upgrade

socalTECH

Lake Forest-based Nexiant , the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release. The company said deployments will begin in early 2012. The entire software will deploy on Microsoft's Windows Azure cloud. READ MORE>>.

Innocal 124
article thumbnail

The Corrosive Nature of Over-Introducers

Both Sides of the Table

I find the over-introducers especially corrosive around first-time founders who often struggle with the balance of their time between tasks like building product versus tasks like speaking at conferences or meeting with potential business development partners. It starts seemingly innocent enough.

Innocal 255
article thumbnail

Avoid the recruiting boomerang.

Berkonomics

One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be great to work in your company.” The rule should be one that includes only one “out”: if a person resigns from the position with the stake-holding company, then you will be happy to talk about a position.

Innocal 120
article thumbnail

Mojix Expands RFID Line

socalTECH

Mojix develops hardware used to extend the reach of current RFID systems, and is venture backed by Oak Investment Partners, Red Rock Ventures, and InnoCal Venture Capital. and Europe; the software works in conjunction with the company's passive RFID tags for data collection and signal processing.

Innocal 100
article thumbnail

13 Red Flags To Avoid In Your Investor Funding Pitch

Startup Professionals Musings

After listening to hundreds of startup pitches, and reading even more business plans, most new venture investors develop their own favorite list of “red flags” that signal the beginning of the end of their interest. Equity investors are buying a chunk of your company at today’s value, not what you think it may be worth in five years.

Funding 98