Startup Professionals Musings

JULY 27, 2020

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get from time to time is “Can I ever expect any backing from my bank for a great opportunity?” The short answer is that some banks will help, if you do your homework.

Technical Advisors 162

Technical Advisors Tips Startup Equity 162

socalTECH

JULY 27, 2020

Culver City-based personalized medicine and healthcare technology developer NantHealth announced this morning that it has acquired The OpenNMS Group , a developer of open source, network management software. Financial details of the acquisition were not announced. NantHealth said that OpenNMS will operate as a subsidiary of NantHealth. OpenNMS is a developer of open soure, network monitoring tools; NantHealth explained the acquisition will expand and diversify its software portfolio and service

Culver City 124

Culver City Acquisition Networking Tool 124

Xconomy

JULY 27, 2020

Telemedicine isn’t just another way to connect patients with doctors. AristaMD has carved out a niche in connecting doctors with, well, other doctors. The San Diego-based telehealth company’s software links primary care physicians and medical specialists through virtual consultations, communication that is intended to reduce healthcare costs by slimming down the number of referrals made to specialty care providers.

Doc 84

Doc San Diego Software Venture Capital 84

socalTECH

JULY 27, 2020

Santa Barbara-based Invoca , which develops call tracking and analytics tools, says it has released a new version of its software. According to the company, its summer 2020 product release includes simplified and automated call tracking for multi-location businesses, expanded technology integrations, and other features. The company says the release simplifies previously complex processes and makes data accessible across more platforms.

Product 124

Product Santa Barbara Tool Platform 124

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

JULY 27, 2020

Match Group , the parent company of Los Angeles-based online dating app developer Tinder , said on Monday that it has named Jim Lanzone--former President and CEO of CBS Interactive, and also Entrepreneur-in-Residence at Benchmark Capital--as CEO of Tinder. Lanzone replaces current Tinder CEO Elie Seidman, who the company said will return to working with early stage, venture-backed startups.

Southern California 113

Southern California High Tech Guide Los Angeles 113

socalTECH

JULY 27, 2020

Our interview today is with Nick Hedges , the CEO of Santa Monica-based MomentFeed. We caught up with Nick--who is a veteran of the area's high tech industry, most recently serving as CEO of Velocify--to get the latest on MomentFeed, which provides services to multi-brand, location businesses. Nick filled us in on the company's business, his move to head up the company in the last year, as well as some lessons learned running a company in the time of a pandemic.

Google 113

Google Santa Monica Networking Software 113

socalTECH

JULY 27, 2020

Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Financial details of the sale were not announced. Arrowroot Capital said it will continue to own a minority interest in the company. Arrowroot Capital has been an investor in SocialChorus since 2018.

Capital 113

Capital Santa Monica Equity Sales 113