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QAD Acquiring German Company, Allocation Network GmbH

socalTECH

Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management. The deal is expected to close by the end of 2020. READ MORE>>.

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Worth Network Aims At Instagram Marketing

socalTECH

Los Angeles-based Worth Network, a new software startup, is aiming to help marketers reach more consumers via organic Instagram posts, the company said today. The company is led by CEO and founder Patrick Kim, and says it is backed by The Ventures Co and angel investors.

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DB Networks Finds $17M For Network Security Software

socalTECH

Carlsbad-based DB Networks , a developer of cyber security software aimed at corporate networks, has raised $17M in a funding round, the company said this morning. According to DB Networks, Grotech''s Joe Zell joins the company''s board with the funding. He also has served at IPivot and @Work. READ MORE>>.

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Vicente Capital Invests In Wireless Software Company

socalTECH

Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions , a Canadian company providing in-building wireless design software. The company''s software and associated services are used in the in-building wireless network design market. READ MORE>>.

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QAD Completes Allocation Network GmbH Acquisition

socalTECH

Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Allocation Network GmbH was based in Munich, Germany. Financial terms of the acquisition were not announced.

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Zenlayer Gets $10M For Software Defined Networking

socalTECH

Diamond Bar-based Zenlayer , a provider of software defined network and services, announced on Wednesday that it has raised $10M in a Series A funding round. The company said it offers up bare metal cloud, SD-WAN and edge computing services to its customers. READ MORE>>.

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Oro Debuts New Ecommerce Marketplace Software

socalTECH

a developer of e-commerce software, says it has launched a new product, OroMarketplace. The new software is aimed at the B2B marketplace market. The company says the new software lets sellers to rapidly implement B2B, B2C, B2G, franchise network ordering, services procurement, bookings/appointments, and physical goods marketplaces.