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Performio Sees Growth After HQ Move To Irvine

socalTECH

Irvine-based software developer Performio, which develops incentive compensation management software, says it saw 110 percent growth in North America for its FY2020, after relocating its headquarters to Irvine in 2019.

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The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

Jason Rowley is a venture capital and technology reporter for Crunchbase News. Early-stage SaaS VC slip snaps recovery as public software stocks soar. Crunchbase News recently profiled a selection of U.S. Contributor. More posts by this contributor. The SaaS VC gap: China & other markets trail the US. Although U.S.-based

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Lead Edge Capital Raises Fifth Fund, Worth $950 Million

socalTECH

Lead Edge Capital says it plans to make equity investments of between $20 million and $150 million per portfolio company from the new fund, which will continue to focus on growth-stage software, internet, consumer, and tech-enabled service businesses globally.

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Epicor Sale Off The Table

socalTECH

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. READ MORE>>.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Apple’s pivot to services has been a mixed bag, and the company is looking to expand the appeal of its Apple News service to a wider swath of free and paid subscribers. This week, the company rolled out a local newsletter in the San Francisco Bay Area, bringing bundled local news curated by the Apple team.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. The company raised $5 million in equity last November from Equal Ventures and Eniac to give it $28 million in total equity and debt funding. to develop some sweet inventory-planning software. Syrup Tech bags $6.3M

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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. What was the biggest news for your company in 2018? Given SVBs market position, that is great news. But its even better news for the regional SoCal innovation ecosystem.