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

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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

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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

Enterprise Software Is Back: SoCal Sees Surge In Software Deals

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If you look at the last few weeks of deals here, you might be surprised: it''s almost been entirely enterprise software. for its cloud-based medical offices software. Why the sudden interest in cloud-based, enterprise software?

Ten of Southern California's Top Software Companies

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marketing, and not enough of the traditional, software-and-algorithm intensive startups you'd expect to see in Silicon Valley. The firm's software is now being. The company's software is being included in the Linux. technology computing algorithm saas software

Raken Gets $2M For Construction Reporting Software

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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. 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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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

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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

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

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Connectifier Gets $6M For Recruiting Software

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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

Event Farm Acquires Event Software Company Attend

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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.

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.

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.

MindSpark Taps Autistic Individuals For Software Testing Workforce

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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.

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. 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.

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.

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

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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

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

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

SaaS Funding Targest Software Companies With New Santa Monica Office

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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

Procore Technologies Finds $30M For Construction Project Management Software

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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.

Flatirons Solutions Acquires Software Line From TechPubs

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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.

MSC Software Acquired For $834M

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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

Guidance Software Acquires CaseCentral

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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.

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

Malauzai Software Gets $6.5M More For Banking Apps

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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

Guidance Software Acquired By OpenText For $240M

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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

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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.