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.

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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.

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

Guidance Software Shuffles Executives

socalTECH

Pasadena-based Guidance Sofdtware , the developer of computer forensics and security software, said it has undergone a restructuring of its sales, training, channel and product development efforts. Guidance Software also said it has named Scott Skidmore as its Vice Preisdent, Global Channel Sales. guidance software executive computer forensics security

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>>.

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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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Education Software Startup GoGuardian Launches AI Platform

L.A. Business Journal

El Segundo-based education software startup GoGuardian has launched Admin 2.0, a platform that uses artificial intelligence to enhance students’ behaviors online, according to a statement

PatientPop Links With Electronic Health Records Software From Greenway

socalTECH

Santa Monica-based PatientPop , the developer of healthcare scheduling and practice management software for healthcare providers, has linked up with electronic health records software developer Greenway Health. According to the two companies, they have added patient scheduling integration between Greenway Prime Suite and PatientPop's practice management software.

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.

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

BlackLine Software Prices IPO

socalTECH

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

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

Renovate America Acquires CakeSystems For Energy Auditing, Modeling Software

socalTECH

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

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Guidance Software Acquired By OpenText For $240M

socalTECH

Pasadena-based forensics software maker Guidance Software has agreed to be acquired by OpenText , in a deal worth approximately $240M, Guidance said this morning. Guidance, which is best known for developing the EnCase forensic security software, said OpenText will pay $7.10 guidance software forensics merger acquisition opentext encase

Classy Captures $18M For Nonprofit Software

socalTECH

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.

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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.

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.

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.

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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

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Yardi Buys Software Firm

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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

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.

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.

CSM Software Acquired By SOLIZE

socalTECH

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

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.

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.

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

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.

Epic Seeks to Join Alexa, Siri as Software You Can Chat With

Xconomy

Epic Systems may soon add its name to the list of companies with virtual assistant software that people can give instructions to and get information from. Instead, they’ll be doctors, nurses, and others who use the Verona, WI-based company’s healthcare software to do their jobs.

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

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