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Procore Prices IPO, Starts Trading Today

socalTECH

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO priced above the company's initial estimated IPO range, which was $60.00 Piper Sandler & Co.,

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FastSpring Expands Platform

socalTECH

Santa Barbara-based software developer FastSpring--best known for its e-commerce software tools--says it is expanding its offerings, and will offer up support to B2B, software-as-a-service and downloadable software companies with sales team. Pricing on the new software options were not announced.

Platform 113
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Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. above its debut, up 31.34%.

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Yardi Launches Product In The UK

socalTECH

Santa Barbara-based property management software developer Yardi says it has launched a new product in the United Kingdom. Pricing on the new software was not announced.

Product 113
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Yardi Adds Medicaid Billing Support

socalTECH

Santa Barbara-based property management software developer Yardi is expanding its Yardi Senior Living Suite software, to add a new tool for managing Medicaid billing for senior living providers, the company announced this morning. Pricing on the new software was not announced. READ MORE>>.

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Yardi Debuts Machine Learning Software

socalTECH

Santa Barbara-based property management software developer Yardi said today that it has launched a new product, which uses machine learning for prescriptive analytics. Pricing on the new tool was not announced. READ MORE>>.

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Yardi Launches New Senior Living Software

socalTECH

Santa Barbara-based property management software developer Yardi said this morning that it has released a new software product, called RentCafe Senior Living. Pricing on the new software was not announced. READ MORE>>.