Raken Gets $2M For Construction Reporting Software

socalTECH

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. raken venture capital construction reporting softwareThe funding was led by Rincon Venture Partners , and also included Eniac Ventures and Spider Capital.

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LumaTax Raises $2M For Small Business Tax Reporting Software

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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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2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012. Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses. In 2012, the US economy experienced modest growth with real GDP growing 2.7% [.].

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2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012. Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses. In 2012, the US economy experienced modest growth with real GDP growing 2.7% […].

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MSC Software In Play

socalTECH

Newport Beach-based CAD/CAM software maker MSC Software is reportedly in play, with current private equity owners Elliott Associates and Symphony Technology Group potentially selling the company to CVC Capital Partners, according to a report. Reuters quoted "people familiar with the matter" in its report, saying the deal could be worth more than $800M. MSC Software went private back in 2008.

ReachLocal Expands Reporting Tools

socalTECH

Woodland Hills-based online marketing services and software developer ReachLocal , which offers up its services to local businesses, said today that it has added a number of analytics and reporting tools to its platform. According to ReachLocal, it has added new third-party campaign result measurement, and multi-location alert and reporting capabilties to its ReachEdge digital marketing product. reachlocal reporting software saas marketing local business

BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

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. blockfraud antifraud software artificial intelligence machine learning venture capital

Report: Activision Blizzard Planning Massive Layoffs

socalTECH

Santa Monica-based Activision Blizzard is planning a set of massive layoffs, which may affect hundreds of people, according to a report on Friday. activision blizzard layoff jobs employment gaming games videogame softwareAccording to Bloomberg, Activision Blizzard is planning to lay off hundreds of people as it restructures to boost its profitability. Activision has not yet confirmed those plans, which were attributed to sources close to the company. READ MORE>>.

Measurabl Gets $2M For Sustainability Software

socalTECH

San Diego-based Measurabl , a provider of sustainability reporting software, disclosed this morning that it has raised $2M in a seed funding from CrossCut Ventures. Measurable develops a cloud-based software product to help companies publish sustainability reports, synchronizing data from utilities, service providers, internal systems, and more, and automatically creating reports from all of that data.

Kareo Rolls Out Updated Software

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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. The company said its Kareo Medical Billing now supports both web and mobile applications, adds customized reports, includes secure messaging, and many other features. kareo medical office software billing cloud update

ExpenseBay Updates Software

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Santa Monica-based ExpenseBay , the online expense report management software firm run by Eric Sikola, told its users today that it has added a number of new features to its service. According to ExpenseBay, the firm has added integration with Freshbooks; ability to approve or reject expense reports within the software; support for foreign currency; a new reporting engine; as well as a new native Salesforce.com AppExchange application and updated iPhone app.

Music Reports In Expansion

socalTECH

Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. Music Reports is backed by ABRY Partners. music reports musicreports software reporting online expansion jobs

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Chrome River, Traxo Tie On Expense Reports

socalTECH

Los Angeles-based expense and invoice automation software developer Chrome River said today that it has tied with Traxo , a developer of APIs for parsing corporate data. The two said Chrome River is using Traxo's software to speed up the creation of detailed, expense reports from hotel bills, by automatically parsing out separate expenses on hotel bills for such things are parking, meals, room service, rooms, and taxes.

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Guidance Software Signs Life Insurer

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Pasadena-based forensics and electronic discovery software developer Guidance Software reported a win this morning with a large life insurance company. According to Guidance Software, the un-named insurer is using its EnCase Cybersecurity and EnCase Analytics, as part of a Payment Card Industry Data Security Standard (PCI DSS) effort. guidance software life insurance electroic discovery forensics

Silicon Beach Report Feb. 16: Task Management Software Workast Raises $1.85 Million

L.A. Business Journal

Task management software Workast raises $1.85 million; Snap CEO Evan Spiegel defends Snapchat redesign; and Air Force moves to buy small rocket launch services

MSC Software Gets Win In Italy

socalTECH

Newport Beach-based simulation software developer MSC Software reported a win in Italy this morning, with Riba Composites, a designer and manufacturer of structural parts and components. software italy international riba composites customer structural analysis

HID Acquires Software Firm

socalTECH

Irvine-based HID Global , which provides identification and access systems, said this morning that it has acquired EasyLobby , a developer of software used to manage facility visitors. EasyLobby's products are used for visitor registration, tracking, reporting and badge printing.

Silicon Beach Report June 21: Education Software Startup GoGuardian Launches AI Platform

L.A. Business Journal

Education software startup GoGuardian launches AI platform, Snapchat launches Snap Map and BlockFraud raises $5 million

Music Reports Launches Automated Licensing Filings For Music

socalTECH

Los Angles-based Music Reports , which provides music rights administration software, said it has begun offering up automated, filing of mechanical licenses with the United States Copyright Office. According to Music Reports, the service is aimed at on-demand music providers, who need clearance on music they'd like to stream. Music Reports said the service specifically comes from section 115 of the U.S.

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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? It's software-as-a-service based, and we have organizations worldwide, from very small companies, to 100 employees and up, to Fortune 500 companies, across a wide variety of industries.

Toshiba Starts Selling Cylance Antivirus Software

socalTECH

Irvine-based antivirus software developer Cylance reported Thursday that it has signed a distribution agreement with Toshiba , where Toshiba Corporation Industrial ICT Solutions Company Group (Toshiba Industrial ICT Solutions) will sell its artificial intelligence-based antivirus solution. CylancePROTECT is Cylance's software for detecting and preventing malware attacks, using machine learning, rather than signatures.

Restaurant365 Gets $20M For Restaurant Management Software

socalTECH

Irvine-based Restaurant365 , a developer of cloud-based tools for accounting, back office, and reporting for restaurants, has raised $20M in a Series A funding round, according to the company. restaurant365 venture capital saas cloud software management restaurant food serviceThe funding came from Bessemer Venture Partners. Restaurant365 said that, as part of that investment, Bessemer Partner Brian Feinstein has joined the company's board.

Silicon Beach Report July 7: Clearlake Capital Sells Software Firms to Centerbridge Partners for $1.26 Billion

L.A. Business Journal

Clearlake Capital sells software firms to Centerbridge Partners for $1.26 billion, SpaceX and ULA asked to bid on five launches by U.S. Air Force, and VP Pence is bullish on SpaceX

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Xpenser Acquired By Coupa Software

socalTECH

San Diego-based Xpenser , a startup developing a cloud-based service to help prepare and submit expense reports for its users, has been acquired. According to Coupa Software , it will use the buy to expand its domain expertise and leadership in the area of expense management. Coupa Software is a provider of cloud-based, spending optimization software headquartered in San Francisco. xpenser expense management software travel tande coupa merger acquisition evonexus

SOA Software Claims Big Growth Numbers

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Los Angeles-based SOA Software , which develops software used by enterprises to manage internal APIs and interfaces between software, said today that it saw 90 percent growth in 2014 over 2013. Last year, the company reported 52% growth, again without specific financials. SOA Software is led by Paul Gigg, and serves the Fortune 1000 market. software growth enterprise management

Music Reports Signs Mobile Music Service

socalTECH

Woodland Hills-based Music Reports , the developer of software used for managing music rights and royalties reporting, said this morning that it has signed a licensing and reporting agreement with Cricket Communications , the operator of the Muve Music digital music service. Music Reports said it will provide music publishing data matching, licensing, and royalty reporting services to Muve.

Guidance Software Board Member Passes Away

socalTECH

Pasadena-based Guidance Software reports that Stephen Richards, one of the members of its board of directors, has passed away unexpectedly. guidance software stephen richards deceased death board executiveRichards was COO and CFO of McAfee, and also served as CFO of E*TRADE Group, among other positions. Richard had been on the company's board for periods since 2006. READ MORE>>.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.

Hulu Updates Roku Software

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Los Angeles-based Hulu said last night that it has updated its Hulu Plus on the Roku software. According to Hulu, the updated software adds improved playback reporting, UI tweaks, as well as a number of bug fixes.

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MSC Software Wins UK Bus Manufacturer

socalTECH

Newport Beach-based CAD/CAM software maker MSC Software reported a win in the United Kingdom this morning, with bus and coach manufacturer Alexander Dennis Limited (ADL). software customer manufacturingFinancial details of the win were not announced. Alexander Dennis Limited is using MSC's MSC Apex Modeler, for computer aided, structural design of its single and double deck buses. READ MORE>>.

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Report: Snapchat Acquires Bitstrips For Around $100M

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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. cartoon emoji animation software acquisition merger snapchat bitmoji

Predixion Software Adds $3M

socalTECH

According to a report today from VentureWire, Aliso Viejo-based Predixion Software has added $3M to the firm's Series A funding round, from Palomar Ventures. Predixion is developing data mining and analytics software, and is headed by Simon Arkell, formerly of Triton Pacific Capital Partners and Gramercy Ventures. Tags: predixion software venture capital analytics

SPIDR Tech Lands $2.5M For Law Enforcement Software

socalTECH

Manhattan Beach-based SPIDR Tech , which is developing software for law enforcement which provides customer relationship management (CRM)-type features for police departments, has raised $2.5M SPIDR Tech's software provides one-to-one communications with victims of crimes. techstars capital venture police crime communications software enforcement spidr spidrtech

Paragon Software Deploys Into Space

socalTECH

Irvine-based Paragon Software Group , the developer of backup and disaster recovery software, reports today that the firm's software is now orbiting the Earth on the International Space Station. According to Paragon, the firm's software had been selected by NASA prime bioastronautics contractor Wyle, to serve as the primary backup and recovery software for an ultrasound system which was launched on Atlantis in July.

SOA Software Gets Win In Australia

socalTECH

Los Angeles-based SOA Software , which develops software used for managing internal corporate APIs and software interfaces, reported a win today in Australia. SOA Software said Healthdirect Australia is using its API management products to bridge REST APIs and existing SOAP services. soap interface rest restful healthdirect australia software