Ouya Near Sale, Says Reports

socalTECH

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports. Those reports peg the sale price to be around $10M for Ouya, which had developed an Android-based game console to much acclaim, but then apparently triggered a debt covenant forcing the sale in April.

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Grindr Seeks Sale, Says Report

socalTECH

Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Grindr was founded by Joel Simkhai. READ MORE>>. grindr merger acquisition investment banker mobile dating homosexual

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Silicon Beach Report Oct. 31: Subscription App Sales Soar

L.A. Business Journal

LA County weighs electronic voting options; Activision issues Overwatch League changes; Hulu grows revenue 86 percent

Cyber Monday Sales Hit $6.59 Billion, Says Adobe

socalTECH

Online sales on Cyber Monday hit a record $6.59 billion, the largest online sales day in history, according to numbers released by Adobe late Monday evening. percent year-over-year increase in online sales, as of 10:00 p.m. billion in sales, and Thanksgiving Day, where there was $2.87 billion in sales. cyber monday adobe black friday blackfriday ecommerce sales report

Sales 100

Another personal story: Timing is everything in a sale.

Berkonomics

After presenting a “state of the company” report at a national meeting of resellers for a company where I sat on the board, I was approached by one of the audience members, complimenting my presentation and stating, “I have a problem.

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Report: Coda Automotive Sales Sluggish

socalTECH

Santa Monica-based Coda Automotive , the developer of electric cars, seems to be getting a sluggish start to sales, six months after it began selling its first model. According to a report from the Los Angeles Times, the startup has sold only 78 vehicles, at most, based on figures released by the National Traffic Safety Administration (NTSA) along with a recall of the Coda's side air bags. Coda Automotive has not released any official sales figures yet for its electric automobiles.

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Report: eCommerce Sales Still Flat

socalTECH

A report released today by online measurement service comScore is reporting that U.S. The results were about the same as Q1, when ecommerce sales were also approximately the same as Q1 of 2008, but were better than the 3 percent drop online sites saw in Q4 of 2008. Until Q3 of last year, comScore had tracked consistent ecommerce sales growth in double digits. Tags: ecommerce comscore retail sales

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Silicon Beach Report Sept. 9: Honest Co. in Sales Talks

L.A. Business Journal

in sales talks, Elon Musk says SpaceX’s explosion investigation is complex, and more Snapchat takes on credit line, Honest Co.

SPECIAL REPORT: 2019 Biopharma Outlook – Facing an Uncertain Future

Xconomy

biopharmaceutical industry is dealing with unprecedented threats on several fronts: public backlash against high drug prices, slowing sales, and the possibility of more government regulation. In this Report, you’ll learn: The key indicators that suggest a possible downturn is on the way.

LiveOffice Reports Sales Growth

socalTECH

Privately held LiveOffice , the provider of cloud-based email archiving, compliance, discovery, and backup services, said today that it had another quarter of record revenue. The firm--which did not disclose actual revenue numbers--said it had a 419 percent, year-over-year increase in the number of mailboxes it is archiving, as a result of enterprise wins. LiveOffice is backed by Summit Partners, and is headed by Nick Mehta. READ MORE>>. liveoffice email archiving compliance results revenue

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TigerText Reports Big Sales Increase, Doubles Staff

socalTECH

Santa Monica-based secure messaging app provider TigerText , which is led by Brad Brooks, said yesterday that its annual sales grew more than 300 percent in 2014, and also doubled the size of its staff. The private held company did not disclose any financials behind those numbers or say how many employees it now has. TigerText did say that more than 500 million messages per month are now being sent using its platform.

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Report: Hulu Up For Sale

socalTECH

A number of reports Tuesday afternoon says that Santa Monica-based streaming video site Hulu is up for sale. According to the Wall Street Journal, the firm was approached by an unsolicited offer to be acquired. Details on potential buyers has not be disclosed or uncovered. READ MORE>>. hulu merger acquisition exit content hollywood video streaming

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Ixia Shuffles Sales Execs

socalTECH

Calabasas-based Ixia is in the midst of a sales team shuffle, saying in its quarterly report that it is naming Patti Key as Senior Vice President, Global Sales, with current sales VP Hans-Peter Klaey leaving the company. Key has been VP of Sales, Americas since August of 2014, and had joined Ixia in 2008; she also had served at Agilent Technologies and Hewlett Packard.

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Report: Move Networks Shuts Down, Seeking Sale

socalTECH

Streaming video technology firm Move Networks --which apparently moved to Irvine sometime over the last year from Utah after a management shakeout--is reportedly shutting down, and by some reports is now looking for a buyer. The shutdown report came from research firm The Diffusion Group, which said Move had shut down after CEO Roxanne Austin resigned from the firm and the firm pulled out of an industry conference.

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Black Friday Sales Up 26 Percent To $816M, Says Report

socalTECH

Online retailers saw a surge in sales Friday, according to the latest numbers from comScore, seeing $816M in online sales, a 26 percent increase over last year's Black Friday. billion in online sales. Black Friday ranked as the heaviest online spending day to date in 2011, comsScore reported. Sales for Thanksgiving Day were also up, by around 18 percent, with sales tallies reaching $479M, up from $407M last year.

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Why Focusing on Only One Buyer Will Lose You Sales

Both Sides of the Table

This is part of a series that describes a sales methodology for technology companies or frankly many other types of companies, too. ” But many people get secure in their sales process with just meeting / talking to the people who are the nicest to you.

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Mogreet Expands Sales Chops

socalTECH

Los Angeles-based Mogreet , the video-based, mobile marketing firm headed by James Citron, reported today that it has named Jesse Silver as Senior Sales Director. Mogreet said it is expanding the sales team to drive new business for the company. mogreet sales executive mobile marketing servicesSIlver was previously at OpenMarket, and also served at MX Telecom.

Fandango Sees Boost From Mobile Ticket Sales

socalTECH

Los Angeles-based Fandango , the online movie ticket and entertainment site, reported Tuesday that it is seeing a surge in sales of tickets via mobile phone. fandango mobile ticket sales phone iphone movie content theater theatre

Kofax Wins $1.1M Sale

socalTECH

Irvine-based document processing software developer Kofax reported a $1.1M Kofax said the sale included $580,000 in software license revenue, $100,000 in maintenance services, and $430,000 in professional services. win yesterday, saying that it is offering up its products to an un-named provider of finance and insurance products. Kofax said the deal covers improving and enhancing a claims processing operation for the un-named client.

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Report: Idealab's Energy Innovations Up For Sale

socalTECH

Pasadena-based Energy Innovations , the Idealab startup working on concentrating photovoltaic solar systems, is looking for a buyer, according to a report Friday. GreenTechMedia, an industry publication covering the green technology and solar industry, reports that Energy Innovations is in the midst of being acquired by a strategic investor. The report quoted un-named sources close to the firm.

Guerilla Marketing: An Empty UPS Envelope Doubled This Company’s Sales

InfoChachkie

To put this in perspective, a 2015 report by the Direct Marketing Association indicates that the typical direct mail prospecting campaign motivates 1% of the recipients to take action. A version of this article previously appeared in The Wall Street Journal.

Silicon Beach Report May 4: Soylent Raises $50 Million, Plans In-Store Sales

L.A. Business Journal

Soylent raises $50 million, plans in-store sales, Leaf Group acquires home goods e-retailer Deny Designs for $12 million, and Snap Inc. hires media companies to produce original shows for Snapchat

TaxJar Gets $600,000 For Sales Tax Software

socalTECH

San Diego-based TaxJar , a developer of online software which helps manage sales tax payments for online retailers, said this morning that it has raised $600,000 from angel investors. TaxJar offers up a cloud-based product which helps automate sales tax handling for sellers selling on such sites as Amazon, eBay, Shopify, PayPal, BigCommerce, and Etsy, helping those sellers manage sales tax reporting and compliance for states and other local governments.

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Silicon Beach Report Sept. 6: Otoy Plans to Raise $134 Million via Digital Token Sale

L.A. Business Journal

Otoy plans to raise $134 million via digital token sale, Hyperloop Transportation Technologies signs memorandum for system in India and SpaceX poised to launch Air Force X-37B before hurricane hits

SpaceX 100

Online Entrepreneurs: Get Sales Tax Compliant For 2016

InfoChachkie

One of the reasons I know way more about online sales taxes than I ever thought I would is due to Rincon Venture Partners’ investment in TaxJar , one of the leaders in this emerging space. Hopefully you’ll get plenty of rest during the Holidays because soon after the New Year starts, online retailers must begin contemplating sales tax deadlines. Almost every online seller will have a sales tax deadline this upcoming January. Your Sales Tax Compliance Checkup.

Nike debuts its most ambitious SNKRS stash drop for the Championship Tour featuring Kendrick Lamar and SZA

TechCrunch LA

Once the sale did go live, the shoes sold out within the first five minutes, although it’s unclear how many were made available through the stash drop (Nike declined to provide a number).

Specific Media Enhances Sales Reporting

socalTECH

Irvine-based Specific Media, a major online advertising network, has rolled out a new product geared at offline sales reporting, the firm disclosed today. The firm said it will offer its offline sales impact reports for customers in the retail, automotive, consumer packaged goods, entertainment and travel categories. According to Specific Media, the new tool will help reveal the correlation between online advertising campaigns and offline purchase behavior.

Sales 100

Silicon Beach Report June 7: Snap Eyes Ticket Sales with New Feature

L.A. Business Journal

Snap rolls out ticket-purchase option, Insomniac launching VR collab with Oculus, Honest Company lands $200M investment

Invest 100

Call of Duty: Black Ops II Tops $1 Billion Sales Mark

socalTECH

Santa Monica-based videogame developer Activision Publishing , which is a subsidiary of Activision Blizzard, reports that its newly launched title, Call of Duty: Black Ops II , just crossed the $1 billion mark in retail sales.

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LumaTax Raises $2M For Small Business Tax Reporting Software

socalTECH

LumaTax develops software which can be used by small businesses to automate the paperwork required for paying sales taxes. The startup is led by Robert Shulte, who was founder of sales tax software provider Taxient, which was based in San Diego, and who he sold to tax software developer Avalara in 2010. taxient avalara diego filing capital venture reporting business small lumatax

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TrueCar Dealer Sales Pass 700,000 Vehicles

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TrueCar--which offers up automotive pricing information and automotive configuration and quoting software--said the sales came from more than 5,500 dealer partners. The firm's back end software is used to power the no-hassle, automobile purchasing programs from American Express, Yahoo Autos, AAA, USAA and Consumer Reports, among others. truecar auto automobile purchase pricing sales record growth

Surfware Claims Sales Boost

socalTECH

Camarillo-based Surfware , a privately held developer of computer aided manufacturing (CAM) software, reported this week that it had a big boost in its March sales, versus last year. The firm said it saw a jump of 22 percent in March of 2010, versus March of 2009, and also has seen sales growth in the first quarter by 9.7 Tags: surfware software sales

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BirchStreet Systems Names Sales VP

socalTECH

Newport Beach-based BirchStreet Systems , a developer of software used for electronic procurement, said Wednesday that it has named Bill Hirsch as Vice President of Sales, North America. Hirsch will report to Sushil Garg, CEO and Chairman of BirchStreet. birchstreet systems executive sales procurement software

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Amazon Starts Collecting Sales Taxes From Californians At Midnight

socalTECH

Online e-commerce giant Amazon.com will start collecting sales taxes from California residents at midnight today, as a result of a deal the firm made with the State of California last year. The move--which has been widely reported to have spurred a last minute buying binge from Californians--comes as a result of aggressive move by the legislature to recoup lost taxes from out-of-state e-commerce sales. amazon sales taxes ecommerce california

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Telcentris Boosts Sales Team

socalTECH

San Diego-based Telcentris , the operator of the VoxOx and VoxOx in Business voice-over-IP services, said last week that it has bolstered its sales team, hiring a new VP of Wholesale Sales. Peterson reports to Tad Nikolich, VP of Business Sales for Telcentris. The firm said it has hired Mark Peterson to the new position, to drive its wholesale growth strategy.

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