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Arrive Adds Resale Features To E-commerce Platform

socalTECH

Santa Monica-based Arrive, a developer of a technology and reverse logistics services, says it has added resales to its enterprise rental platform. The company's product is focused on what the company says is roughly 25% of e-commerce orders are returned which cannot be resold full--price.

Commerce 113
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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

Santa Monica-based automotive technology platform TrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.

Truecar 130
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Champion Technology Gets Investment From R9B

socalTECH

Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced.

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symplr Acquires Halo Health

socalTECH

Symplr, the enterprise healthcare software company owned by Santa Monica-based private equity investor Clearlake Capital Group, said this morning that it has agreed to acquire Halo Health, a provider of clinical communication and collaboration software. Financial details of the transaction were not announced.

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symplr Acquires Phynd

socalTECH

symplr, a developer of healthcare governance and compliance software, has acquired Phynd Technologies, a provider of a centralized provider data management platform for the healthcare market. Symplr is owned by Santa Monica-based private equity investor Clearlake Capital Group and SkyNight Capital.

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Brace Picks Up $10M For Mortgage Serving Software

socalTECH

Santa Monica-based Brace , a startup developing software to automate mortgage servicing, has raised $10M in a Series A funding round, according to the company. The new funds will go towards expansion of its platform and technology. The new funds will go towards expansion of its platform and technology.

Software 124
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Want to Start a Technology Company in LA?

Both Sides of the Table

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves. But we have a great city for building technology companies.

Company 290