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Fruition Gets $12M For ServiceNow Implementation Services

socalTECH

in funding, in an interesting indication of the growing ecosystem around San Diego-based ServiceNow. Fruition--based in Chicago--said the Series A funding for the firm was led by Trident Capital, and specifically comes due to "rapid expansion and market demand" for ServiceNow's product. READ MORE>>.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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Mitchell International Gets Private Equity Funding

socalTECH

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced. Goldman Sachs & Co. LLC and Morgan Stanley & Co.

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Qualcomm Buys iSkoot

socalTECH

San Diego-based Qualcomm Innovation Center, Inc. iSkoot Technologies includes substantially all of the assets of San Francisco-based iSkoot, a developer of social networking and Skype-compatible voice-over-IP software for mobile phones. Financial terms of the buy were not disclosed. READ MORE>>.

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Interview with Jimmy Hendricks, Deal Current

socalTECH

However, San Diego-based Deal Current (www.dealcurrent.com) appears to have found a sustainable niche in the industry--not providing daily deals, but powering those multiplying deal sites, including a number of major newspaper groups. Jimmy Hendricks: Our lead product is a white label, daily deal product.

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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

This concentration is partly due to natural causes – successful startups spawn other successful startups. Partners at large venture firms generally believe that Orange County is the ideal geography for medical devices, San Diego for telecom and life sciences (along with Boston) and Silicon Valley for everything else.

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Ten Of The Top Tech Companies For Employees In LA

socalTECH

Readers in San Diego, Orange County, Ventura County, and elsewhere, please comment or send us your comments!). OpenX is profitable, and its ad serving software dominant among online publishers. positions on its site, ranging from software, sales, marketing, to finance. Deploying software in the cloud? RightScale.