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San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The company develops cloud-based software used to help monitor construction project progress and compliance, and was founded in 2013.
operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. The spinout of TikTok’s U.S. The bulk of TikTok’s U.S.
Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.
They didn't feel they had visibility into timelines and costs for development of their software. In three of the cases, the founder was finding that the software teams (1 in-house, 2 outsourced) were delivering relatively well in the short-run. A classic example might be "reporting" as a feature item.
Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. epicor software merger acquisition private equity exit apax' Apax paid $976M for Epicor back in 2011. READ MORE>>.
Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. BlockFraud is led by CEO Massimo Cristini. READ MORE>>.
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Los Angeles-based Pipeliner CRM, which develops customer relationship management software for sales teams, recently released a new update to its software, adding new reporting and analytics features.
A new report, published this week by the nonprofit CompTIA group, says that Los Angeles is the number two metropolitan area in the nation for technology employment. According to the CompTIA 2018 CyberStates report, LA had 501,900 technology workers, number two in the nation behind New York City, which has 664,800.
Aliso Viejo-based systems management and security software developer Quest Software said this morning that it has acquired Quadrotech , a developer of management and migration solutions for Microsoft 365 and Office 365. Financial details of the transaction were not announced.
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Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing.
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. READ MORE>>.
Carlsbad-based satellite communications company ViaSat reports this morning that its cybersecurity software, Mobile Dynamic Defense (MDD), is now available for the Samsung Galaxy S20 Tactical Edition (TE).
San Diego-based eSub Construction Software , a startup developing construction project management tools, has raised $12M in a funding round, the company announced this morning. The company specifically targets its software to subcontractors in the area of electrical, mechanical, HVAC, drywall, plumbing, and other specialty areas.
Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.
Goleta-based Procore , the develops of mobile-enabled, construction management software led by Tooey Courtemanche, appears to be headed for an IPO, and reportedly has hired Goldman Sachs to lead its IPO, according to a report.
Irvine-based medical practice management software developer Kareo , led by Dan Rodrigues, said Tuesday that it has launched the next generation of its cloud-based software for outsourced billing. kareo medical office software billing cloud update' READ MORE>>.
Santa Monica-based private equity investor Clearlake Capital said this morning that one of its portfolio companies, Provation Medical , has acquired MD-Reports , a provider of electronic medical record (EMR), practice management (PM), and report writing software. Financial details of the acquisition were not announced.
A report, published by Buzzfeed on Monday, says that Los Angeles-based gay dating and hookup app Grindr had been sharing information on users' HIV status with two app optimization services, coupled with their GPS data and information.
As we and our collaborators prepare Round 9 of our Framework Benchmarks project, we had an epiphany: With high-performance software, a single modern server processes over 1 million HTTP requests per second. It''s possible even higher numbers would be reported had we tested a purpose-built static web server such as nginx.
A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology.
Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. Grow.com offers up reporting and analytics software specifically for SMBs and non-technical users, and is based in Orem, Utah.
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A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. Acording to the report, spending on food delivery services grew by 110% annually, with DoorDash representing 36% of expenses submitted, with 25.1%
Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based Last year, it was reported that while under Chinese ownership, Grindr allowed engineers in Beijing access to the personal data of millions of U.S. based company, San Vicente Acquisition Partners. That ownership was later scrutinized by a U.S.
Wassime Bouimadaghene , a French security researcher, found the vulnerability and reported the issue to Grindr. The reported issue has been fixed. Last year, it was reported that while under Chinese ownership, Grindr allowed engineers in Beijing access to the personal data of millions of U.S.
Los Angeles-based web application security software developer Signal Sciences says that it is seeing strong revenue growth, as it grows its headcount by nearly 100 employees just in the past year. The company said its software protects more than 25,000 applications.
Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Yardi said Pennrose is using its software to handle HUD compliance, online leasing, and check scanning, among other functions. yardi property development multifamily software realestate real estate'
The rent crisis is getting worse, according to a new report that found a full third of all small and medium-sized businesses are behind on their rent for the month of May. The new data comes from small business networking site Alignable, which released its Q2 Rent Report at the start of the month. What's driving the crisis? newsletter.
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According to a security report from BitDefender, it discovered a major security breach in the software of Santa Monica-based video doorbell and security camera maker Ring.
Jason Rowley is a venture capital and technology reporter for Crunchbase News. Early-stage SaaS VC slip snaps recovery as public software stocks soar. We use the same classification rules for what is and is not a “venture” round as we’ve used in our quarterly reports. Jason Rowley. Contributor. More posts by this contributor.
When asked in an interview with the Hollywood Reporter , co-CEO Ted Sarandos didn’t say whether he would meet the group’s demands. I want to say that we are deeply committed to inclusion on screen and behind the camera and in our workplace,” Sarandos told the Hollywood Reporter. brb walking out.
Santa Barbara-based Eucalpytus , the developer of open source software for managing private and hybrid clouds, has been acquired by HP , HP said Thursday afternoon. Financial terms of the buy were not disclosed, however, reports place the buy at somewhere under $100M. The company had raised at least $55.5M in funding. READ MORE>>.
Santa Monica-based TigerText , the developer of secure, real-time messaging apps and software aimed at the healthcare and enterprise markets, reported a win with a community health system which operates 58 hospitals across 20 states. Financial impact of the win was not disclosed. READ MORE>>.
Los Angeles-based Snapchat has acquired emoji software developer Bitstrips , in a deal worth around $100M in cash and stock, according to a report this morning. Fortune citing multiple sources, says the companies refused to comment on the deal.
Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite. READ MORE>>.
in venture capital in Q3, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data From Thomson Reuters. The industry with the largest amount of investment was in Software, with $229.6M in funding for its location-based intelligence software.
Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear. What does a business leader do in this situation? Are you ready?
What about reporting and moderation? Reporting - What needs to be reported? Important note here: reporting can be endless, keep it small. If so, are specific software development processes necessary? A leaderboard among users or groups? Do you need to process user-contributed media? Administer users? Dump out data?
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M Second in terms of dollars was software, which totaled $107.6M was invested across Southern California in Q4 of 2012. That total was less than the $859.6M in funding.
CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates.
Santa Monica-based Activision Blizzard is planning a set of massive layoffs, which may affect hundreds of people, according to a report on Friday. According to Bloomberg, Activision Blizzard is planning to lay off hundreds of people as it restructures to boost its profitability.
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