Tue.Aug 31, 2021

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Invoca Claims Record Results, Says It Will Hit $100M Revenues By EOY

socalTECH

Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21. The company has raised $116M in venture capital, from such investors as Accel, Upfront Ventures, H.I.G.

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H Code Snags New Investment Round

socalTECH

Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies. Size of the investment round was not announced.

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ZipReruiter Partners With UFC As Event Sponsor

socalTECH

Santa Monica-based online employment marketplace operator ZipRecruiter and mixed martial arts organization UFC are in a new partnership, where ZipRecruiter will serve as the official sponsor for a number of UFC events. According to the two, ZipRecruiter will serve as the official sponsor for events including Dana White's Contender Series (DWCS) on ESPN+, select Pay-Per-Views, and other UFC live events.

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ARS Pharmaceuticals Snags $55M In Series D Funding

socalTECH

San Diego-based "ARS Pharmaceuticals, which is developing an epinephrine nasal spray designed to better treat severe allergic reaction, said today that it has raised $55M in a Series D funding. The funding was led by SR One, and also included RA Capital Management, an un-named US healthcare-focused fund, and Deerfield Management. The company said it will use the funding to advance its product through approval, to support initial launch activities, and to evaluate it in clinical studies for addit

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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.