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Cornerstone OnDemand Drops Secondary IPO Effort

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of software-as-a-service for talent and employee management, has dropped its plans for a secondary IPO, citing "current marketing prices". The firm also cited the expense of an offering. The firm had a successful IPO in March. READ MORE>>.

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TrueCar Dealer Sales Pass 700,000 Vehicles

socalTECH

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. However, the firm launched into an active dealer outreach last year to address those issues.

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MomentFeed Rolls Out New Proximity Search Dashboard

socalTECH

Santa Monica-based MomentFeed , which develops software to help multi-location brands manage their reviews, location listings, and much more, says it has rolled out a new product. Pricing on the new tool was not announced. READ MORE>>.

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TrueCar Wins Regions Bank

socalTECH

TrueCar , the Santa Monica-based provider of auto buying and pricing software, is powering another online vehicle purchase service with a deal with Regions Bank , the company said today. Financial impact of the deal was not disclosed. READ MORE>>.

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TrueCar Powers VroomGirls

socalTECH

Santa Monica-based TrueCar , the provider of online car buying software and pricing information, said today that it is powering the online car buying programs for VroomGirls.com , a new, Los Angeles-based website targeting automotive information for women. Financial details of the deal were not announced.

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EdgeCast, PeerApp Join For Caching Effort

socalTECH

Santa Monica-based Edgecast , the content delivery network (CDN) operator, said today along with partner PeerApp that they have linked on a new content caching solution for network operators. Pricing and other details of the combined offering were not detailed by the two companies. READ MORE>>.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.