Wed.Dec 07, 2022

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8 Strategies To Drive Your Startup To Profitability

Startup Professionals Musings

A common pain of startups after an exhilarating first surge of early adopters is a long and frustrating plateau of slow growth, where it seems like nothing you do will get your business to profitability. Too many entrepreneurs don’t know what to do at this point, largely accounting for a disappointing 50 percent of startups that fail in the first five years, according to InvoiceTracker.

Startup 134
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Ecotrak Launches New Software

socalTECH

Irvine-based Ecotrak announced this morning that it has launched a new mobile application, which it says connects service technicians with business customers. The company said its new Techtrak software enables field service technicians to manage work orders, assets, create proposals, communicate with customers and send invoices. Pricing on the product was not announced.

Software 113
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Last 1st Mondays of 2022 – Full Recap

Startup San Diego

The post Last 1st Mondays of 2022 – Full Recap appeared first on Startup San Diego.

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Drata Raises $200M In Series C, Now Worth $2 Billion

socalTECH

San Diego-based security and compliance automation software developer Drata announced this morning that it has raised $200M in its Series C funding round, at a valuation of $2 billion. According to the company, the funding was co-led by ICONIQ Growth and GGV Capital, and also included Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild)pus angels Jeff Weiner (LinkedIn), Frank Slootman (Snowflake), Jennifer Teja

San Diego 113
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Ad.net Buys IntentX

socalTECH

Los Angeles-based digital performance advertising firm Ad.net announced on Wednesday morning that it has acquired IntentX. Financial details of the acquisition were not announced. According to Ad.net, IntentX's publishing partners include Accuweather, DailyMail, Fandom, and PCWorld. IntentX was founded in 2019 by Mom Chan and Vamsu Putrevu. Ad.net is backed by private equity investor Clarion Capital, and is led by CEO Jon Waterman.

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Sega Opens New Offices In Irvine

socalTECH

Irvine-based Sega of America announced on Wednesday that it is opening up new offices in Irvine, which includes 31,700 square feet, and will house up to 235 local employees. The company said the new headquarters in Irvine includes members of its publishing departments, as well as its ATLUS GAMES subsidiary. The company said its new space is designed to "facilitate onsite collaboration, creative ideation and media streaming opportunities.".

Design 113