socalTECH

FEBRUARY 7, 2019

Los Angeles-based footwear trading site Goat Group , founded by Eddy Lu and Daishin Sugano, has raised a big, $100M funding round from footwear retailer Foot Locker , the two announced on Thursday. According to the company, the move also will include exclusive shopping opportunities and joint efforts in Foot Locker's physical stores. New York-based Foot Locker said the strategic minority investment came through its subsidiary in 1661, Inc.

Los Angeles 138

Los Angeles Sites Invest Help 138

Berkonomics

FEBRUARY 7, 2019

Think you don’t use negotiation most every day of your life? From the time we learn to manipulate our parents from the crib to today, we learn to negotiate to obtain our wants and needs. As we grow, we negotiate constantly with our parents, then with our peers. As we enter the business world, we negotiate with our bosses and our subordinates. We negotiate with our suppliers, customers, investors, and even our auditors.

Pricing 120

Pricing Sales Tool Entrepreneur 120

socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018. Kyriba has previously raised funding from American Express, BIH, Bpifrance, BRED Banque Populaire, Coface, Daher Capital, HSBC, Iris Capital, Mangrove Capital Partners, Mitsubishi

San Diego 124

San Diego Equity Software Development Software 124

Berkonomics

FEBRUARY 7, 2019

Think you don’t use negotiation most every day of your life? From the time we learn to manipulate our parents from the crib to today, we learn to negotiate to obtain our wants and needs. As we grow, we negotiate constantly with our parents, then with our peers. As we enter the business world, we negotiate with our bosses and our subordinates. We negotiate with our suppliers, customers, investors, and even our auditors.

Pricing 120

Pricing Sales Tool Entrepreneur 120

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

FEBRUARY 7, 2019

The Tech Coast Angels (TCA), Southern California's big angel network, says it has seen a successful exit in its investment in Parcel Pending , a provider of package management solutions. According to the TCA, its members realized an 80 percent IRR on their investment in Parcel Pending, after its $100M acquisition on January 22nd by Neopost. The Tech Coast Angels were part of the $1.25 million original funding of Parcel Pending in 2014.

Tech Coast Angels 113

Tech Coast Angels Angel Southern California Invest 113

Xconomy

FEBRUARY 7, 2019

Gossamer Bio, the San Diego-based biotech founded by former Receptos executives, has raised $276 million in its initial public offering, a total that puts it in a rare class among biotechs that have gone public in recent years. The amount raised surpassed expectations. During the partial federal government shutdown in January, Gossamer announced it would pursue a little-used path to the public markets that required it to fix a share price, which was locked in for 20 days.

San Diego 99

San Diego Class Pricing Marketing 99

socalTECH

FEBRUARY 7, 2019

Irvine-based software developer Kofax said this week that it is acquiring Top Image Systems Ltd , a developer of cloud- and premise-based applications use to manage "content-driven" business processes. Kofax is paying around $16M for Top Image Systems, which was based in Israel. Kofax said the acquisition will help it further advance the secure cloud capabilities of its platform.

Software Development 113

Software Development Content Platform Acquisition 113

socalTECH

FEBRUARY 7, 2019

Los Angeles-based CrowdfundX , which provided direct-to-investor retail marketing of digital securities, said on Thursday that it has been acquired by Issuance , the developer of a private placement and capital formation platform. Financial terms of the acquisition were not announced. CrowdfundX was founded by Darren Marble, and offered up retail marketing of Reg A+ IPOs.

Acquisition 113

Acquisition Los Angeles Platform Marketing 113

socalTECH

FEBRUARY 7, 2019

Seal Beach-based MyCivic , a developer of apps used by local governments to engage with their citizens, has been acquired by Texas-based Tyler Technologies , Tyler Technologies said on Thursday. Financial details of the acquisition were not announced. MyCivic was founded in 2011, and employs 12. MyCivic's founder, T.J. Sokoll, becomes Vice President of Product Strategy within Tyler's Local Government Division.

Technology 113

Technology Acquisition Product Develop 113

socalTECH

FEBRUARY 7, 2019

Fountain Valley-based gaming products maker HyperX has signed up another big sports star as a brand ambassador, saying this morning that it has named Marco Reus , a German league football star, as its latest HyperX global ambassador. Financial details of the endorsement deal were not announced, however, HyperX said that Reus will exclusively wear its HyperX gaming headsets and its HyperX keyboards, mice and mousepads while gaming, streaming and on the road during the season.

Product 113

Product 113

socalTECH

FEBRUARY 7, 2019

CrowdStrike , the cybersecurity software developer which has major operations in Irvine, says it has signed a partnership deal with the Mercedes-AMG Petronas Motorsport team, a FIA Formula One racing team According to CrowdStrike, it has entered a "global partnership" to protect the team from cyberattacks. CrowdStrike said Mercedes-AMG Petronas Motorsports will use its software and services at their facility in Brackley in Northamptonshire, UK and onsite at race and testing days around the world

Software Development 113

Software Development Software Services Develop 113

socalTECH

FEBRUARY 7, 2019

Hawthorne-based SpaceX is shifting the first, test flight of its Crew Dragon vehicle to March 2nd, according to NASA, in what will be the first SpaceX test of its vehicle for launching astronauts to the International Space Station. SpaceX had originally been hoping to launch the first test flight in January. Reason for the shifted dates were not given, however, those programs were undoubtedly affected by the record government shutdown in December and January, as NASA was oen of the agencies shut

SpaceX 113

SpaceX Hawthorne Training Develop 113