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Software Firm Boosts Market

L.A. Business Journal

Software giant Oracle increases footprint with record Santa Monica office deal

MobileCause Raises $15M For Nonprofit Software

socalTECH

Los Angeles-based nonprofit fundraising and crowdfunding software platform developer MobileCause has raised $15M in a Series B funding, according to the company. mobilecause nonprofit software venture capital crowdfund crowdfundingThe funding came from growth equity firm Level Equity. As part of the funding, Levil Equity's Sarah Sommer has joined the company's board.

Blackline surges 40% in software IPO

TechCrunch LA

Blackline, a Los Angeles-based accounting software company, debuted in the U.S. markets Friday. After pricing at $17 per share, the stock closed at $23.70.

The Coming Shift in Enterprise Software

Both Sides of the Table

Put simply Chuck is amongst the smartest and most knowledgeable leaders in the CRM industry and in the components I consider the future of enterprise software — voice driving input/output, chat-based computing and mobile-first design. Chuck as a software visionary understood this.

Vroozi Raises $4M For Procurement Software

socalTECH

Los Angeles-based Vroozi , a developer of cloud-based, B2B procurement software, has raised $4M in a funding round, the company said this morning. cloud saas growth expansion capital venture software procurement vrooziThe funding was led by Ally Holdings. The startup, led by Steve Olds, said the funding will go towards growing its sales organization, as well as for development efforts. READ MORE>>.

Hollywood Software Acquired By Rentrak

socalTECH

Los Angeles-based Hollywood Software, Inc. HSI), a provider of enterprise software for managing digital movie distribution, has been acquired by Rentrak , a provider of viewer analytics and tracking of movie and television consumption. Hollywood Software's products are installed at such studios as 20th Century Fox, Universal Pictures and Lionsgate, according to the companies, with its digital cinema management software being used to manage more than 15,000 screens worldwide.

BlackLine Software Prices IPO

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Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 saas software accounting acquisition merger blackline

Startups and a Common Misunderstanding in Agile Software Development

SoCal CTO

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.

SOA Software Becomes Akana

socalTECH

Los Angeles-based SOA Software said this morning that it has renamed the company to Akana , as it has broadened its software base. According the company, which is led by Paul Gigg, the name change comes as the company has expanded beyond its roots in Service Oriented Architecture (SOA) and Web Services, and now addresses API management, cloud integration, DevOps, and other enterprise software areas. devops rename cloud enterprise software akana

Renovate America Acquires CakeSystems For Energy Auditing, Modeling Software

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San Diego-based Renovate America , the provider of residential clean energy financing programs, said this morning that it has acquired CakeSystems , a developer of home energy modeling and auditing software. renovate america cakesystems energy auditing modeling software merger acquisition

Event Farm Acquires Event Software Company Attend

socalTECH

Santa Monica-based Event Farm , which develops event marketing software, has acquired Boston-based event software company Attend , as an expansion of the company's reach. Event Farm, led by Ryan Costello, offers up invitation, guest registration, and digital activation software specifically aimed at brands and their events, with a suite of analytics software specifically aimed at seeing how those events have impacted ROI.

Connectifier Gets $6M For Recruiting Software

socalTECH

Orange County-based Connectifier , a sttup founded by ex-Googlers, and which is developing search-powered recruiting software, has raised $6M in a Series A. Connetifier is developing tools which use search software and artifial intelligence to better help recruiers find and locate talent. connectifier recruiting software venture capital search google googler artificial intelligence computer

Classy Captures $18M For Nonprofit Software

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San Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. salesforce cloud saas software fundraising nonprofit capital venture stayclassy classyThe funding came from Mithril Capital Management and Salesforce Ventures. Classy was founded in 2006 as StayClassy, and also counts Bullpen Capital and Venture51 as backers.

MindSpark Taps Autistic Individuals For Software Testing Workforce

socalTECH

Santa Monica-based startup MindSpark announced on Tuesday that it is expanding its efforts to provide enterprise level, software testing, tapping into a workforce of employees who are specifically on the autism spectrum. According to MindSpark, it specifically hires analysis who have been diagnosed on the autism spectrum, saying those employees have better detail orientation, pattern recognition and sustained focus, which are particularly useful in the software testing area.

How to Deliver More Software Projects On Time

Both Sides of the Table

There’s an old joke in software development, “How much time does it take to design software?” If you’ve been involved with a number of software projects you already have an intuitive sense for this.

Paladin Software, Tipalti Link On Video Content Payments

socalTECH

Two, Los Angeles area companies, Paladin Software , and Tipalti , said this week that they have linked up in a strategic partnership, to enable payments to video content creators across different countries. Paladin--which offers up software to manage contracts and payments for multi-channel networks (MCNs)--said it is using Tipalti's technology to streamline payment processing in a creator's local currency.

Kareo Rolls Out Updated Software

socalTECH

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 The company said its Kareo Medical Billing now supports both web and mobile applications, adds customized reports, includes secure messaging, and many other features. Pricing on the new product was not announced.

FloQast Gets $1.3M For Financial Software

socalTECH

According to FloQast, it is developing closing software aimed at helping accountants close their books faster, and which integrates with Intacct and NetSuite. startup capital venture software close financial floqast Los Angeles-based FloQast has raised $1.3M in a funding round, according to the company. Source of the funding was not disclosed.

Qualcomm Backs Ravello For Virtualization Software

socalTECH

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS). software saas cloud amazon disk vmdk vmware investment capital venture qualcomm systems ravello

CSM Software Acquired By SOLIZE

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CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Narayanaswami is a serial entrepreneur, and had founded CSAR Corporation, which he sold to MSC Software in 1999. CSM Software's U.S. software solize merger acquisition outsourcing engineering international india japan

MSC Software Acquired For $834M

socalTECH

Newport Beach-based CAD/CAM software developer MSC Software is being acquired by Stockholm, Switzerland-based Hexagon AB , in a deal worth $834M, Hexagon announced this morning. MSC Software develops computer-aided engineering (CAE) software, including simulation software for virtual product and manufacturing process development. software merger acquisition rumor private equity elliott symphony technology hexagon metrology switzerland

Yardi Buys Software Firm

socalTECH

Santa Barbara-based Yarsi , which develops software for property management, said Thursday afternoon that it has acquired ALMSA Corporation , a provider of software for the assisted living industry. ALMSA's software is used for electronic health record (EHR) and electronic medication administration in assisted living and long-term care communities. yardi almsa merger acquisition electronic health records software lifescience

Flatirons Solutions Acquires Software Line From TechPubs

socalTECH

Irvine-based Flatirons Solutions , a developer of technical information management software for the aviation, shipping, rail, and other industries, has acquired the TechSuite software line from TechPubs Inc. TechPubs' TechSuite software is used for Flight Operations and company manuals in the aviation industry. Flatirons said the deal will extend its existing CORENA Suite of software to provide comprehensive coverage of aviation technical publishing.

SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels. saas funding santa monica debt financing finance venture capital software investment

SaaS 39

Procore Technologies Finds $30M For Construction Project Management Software

socalTECH

Carpinteria-based Procore , the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. Procore develops cloud-based software which is used to manage large construction projects, using both the web and mobile phones. The software handles access to all project documents, including contracts, RFIs, schedules, and drawings.

Germany’s Software AG Adds Analytic Tools with Zementis Buyout

Xconomy

Software AG, a German software giant with 4,300 employees, has acquired San Diego-based Zementis, a specialist in machine learning and data science. National blog main National top stories San Diego San Diego blog main San Diego top stories acquisitions advanced analytics Analytic Software deals deep learning innovation Internet IT M&As Machine Learning Mergers & Acquisitions Michael Zementis people Predictive Analytics RoboticsAI Software Software AG Zementis

Guidance Software Acquires CaseCentral

socalTECH

Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. Guidance Software said it will pay $17.1M in Guidance Software common stock. Guidance Software said it expects to add approximately $10M in software-as-a-service revenues from the acquisition in 2012.

Malauzai Software Gets $6.5M More For Banking Apps

socalTECH

Malauzai Software , a developer mobile banking apps for community financial institutions which has a number of its top executives located in Los Angeles, said this week that it has raised $6.5M malauzai business banking software mobile bank community financial vons credit union creditunion venture capital

Sonos Updates Software

socalTECH

sonos music streaming hardware electronics software update google tuneineSanta Barbara-based whole home music system manufacturer Sonos said Monday that it has rolled out a nuber of minor updates to its streaming music systems. According to Sonos, the updates include visual indications when users have shuffled their playlists; ability to connect into Google Play Music's curated radio stations; and updates to TuneIn, which streams traditional radio stations from across the globe.

Anchore Gets $5M For Software Container Security

socalTECH

Santa Barbara-based Anchore , which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. anchore venture capital container software security virtualization saas said ziouani ansible eucalpytusThe funding came from local angel Andreas von Blottnitz, along with Doug Carlisle of Menlo Ventures. Anchore is led by Said Ziouani, a veteran of Eucalyptus and Ansible.

The Next 5 Years: Possible Trends in Business Software

Tech Zulu Event

During the past twenty five years, software programs utilized by business underwent tremendous changes. The growing popularity of platforms with big data capabilities means that more business software programs will likely emphasize real time data analysis in the future, also.

Yardi Launches New Senior Living Software

socalTECH

Santa Barbara-based property management software developer Yardi said this morning that it has released a new software product, called RentCafe Senior Living. The new software provides an online portal, which allows residents and other responsible parties to manage payments, review resident health and wellness information, communicate with care providers, and more. Pricing on the new software was not announced.

LeisureLink Ties With Software Firm

socalTECH

Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software. specialty lodging software distribution travel leisurelink

Evisions Buys Education Software Firm

socalTECH

Irvine-based Evisions , a developer of software for higher education institutions, said this morning that it has acquired Cayuse , a developer of web-based software for grant proposal development. cayuse evisions merger acquisition higher education grant saas softwareFinancial details of the deal were not announced. Cayuse, which is based in Beaverton, Oregon, will be combined with Evisions' Portland operations. READ MORE>>.

Edlio Raises $40M For School Website Software, Looks Towards Acquisitions

socalTECH

Los Angeles-based Edlio , a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. Edlio's content management software lets schools manage and update their websites, and includes such features as news, calendar, text and email notifications, individual class websites, and more. capital venture acquisition merger cloud software school educational edlio

DreamHost Planning Software Spinout

socalTECH

Los Angeles-based hosting provider DreamHost , the provider of web hosting and managed hosting services, is planning a new, open source software spinout, the firm revealed this week, as it looks to leverage its work on the Ceph open source project for distributed storage. The Ceph open source project is a distributed storage software package which was originally created by Dreamhost co-founder Sage Weil for his doctoral dissertation at UC Santa Cruz.

Swarm Aims To Rejuvenate San Diego's Software Industry

socalTECH

It hasn''t been a great few months for San Diego''s software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. However, in a bid to rejuvenate and re-energize the industry, a new effort-- Swarm --has just launched to bring together local software entrepreneurs, venture capital, and angel investors, in an attempt to bring new life to the region. growth investment industry software diego swarm

TVC Capital Raises $115M Software Fund

socalTECH

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5 capital venture investment fund limited partner partners funds software growth private equity

Pakedge Device and Software Acquired For $32.7M By Control4

socalTECH

Pakedge Device & Software , a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M pakedge device software control4 merger acquisition networking hardwaredeal, the companies said this week. Pakedge has offices in Huntington Beach. Control4 said that the acquisition will help it expand its networking, power management, and cloud-based remote management capabilities. Pakedge had approximately $18.5M

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 lobby registration identification software acquisition merger