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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

TechCrunch LA

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the messaging service WeChat , which is owned by Tencent — one of China’s largest technology companies. 12 stay, keeping it up through the US election and Oracle dealmaking.

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Meed Links With Oracle

socalTECH

Santa Monica-based Meed , a developer of financial technology and banking applications, said late Thursday that it has linked up with Oracle , to deliver its digital financial services to banks worldwide. Meed said it will integrate with Oracle's Digital Banking Experience (OBDx) solution.

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MindTouch Picks Up $12M For Customer Self Service Software

socalTECH

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE.

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OpenMethods Connects With $5M For Contact Center Integration Software

socalTECH

Los Angeles-based OpenMethods , a developer of software for the contact center and telephony market, has raised $5M in a funding round, according to the company. The company's software connects the Oracle Service Cloud software, Oracle's CRM suite, with telephony software from Genesys, Cisco, Avaya, and Interactive Intelligence.

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HyreCar Names New Board Member

socalTECH

Tekion is a startup developing business applications in the automotive retail market. Vijayan previously also served at VMware and Oracle, and sits on the board of Nic Inc. HyreCar operates an automotive marketplace, which helps connect vehicle fleet owners with drivers for ride sharing services such as Uber and Lyft.

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Saviynt Secures $40M

socalTECH

Los Angeles-based Saviynt , a developer of identity management software, announced this week that it has raised $40M in a Series A funding round. and international field operations, to build out its ecosystem of technology and system integration partners, for its product roadmap, and customer service. Saviynt is led by CEO Amit Saha.

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BlackLine Names New Sales VP

socalTECH

Los Angeles-based accounting software developer BlackLine announced this morning that it has named Mark Woodhams as its new SVP of Global Sales. According to BlackLine, Woodhams previously had been Vice President of EMEA (Europe, Middle East and Africa) at NetSuite, and also had worked at Oracle, Hyperion, CapGemini and Citicorp.

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