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What Mattered in 2012: Howard Marks, StartEngine

socalTECH

2012 has been a remarkably interesting year in terms of developments in technology. 12 major acquisitions this year putting it over 100 since 05. I'd say the biggest lesson I learned is that entrepreneurs need to have more contact with their customers and consumers upfront to build a better assessment of needs and priorities.

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Osurv Acquired By Private Equity Investor

socalTECH

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. Financial details of the acquisition were not announced. Osurv was founded in 2012, and was led by Jad Meouchy. READ MORE>>.

Equity 124
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Vincente Capital Partners Sells Intellectual Technology, Inc.

socalTECH

a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Vincente Capital acquired ITI in November of 2012. Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , The company is 25 years old.

Capital 133
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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? With this acquisition, that has put Concur into SAP.

Software 100
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Southern California's Top 10 Most Popular Tech Stories Of The Year

socalTECH

What was Southern California's technology community most interested in 2012? numbers should be released in the next week for 2012. BetterWorks--headed by prolific angel investor Paige Craig--apparently was not able to sustain a large enough market, relative to its high costs of customer acquisition. As 2012 turned.

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Kyocera Wireless Sells Indian Operations

socalTECH

The deal is worth $6M in upfront payments, plus payments linked to revenue in 2010/2011, and 2011/2012. employs approximately 600, who provide wireless product development, software engineering, and product testing for Kyocera Wireless, and also develops custom handsets for Indian service providers.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

There is nothing more pure than building a product, putting it out in the world and seeing paying customers using your product and in some cases loving it. He came to work in our offices at Upfront Ventures as an EIR and immediately began building software to improve how storage was picked up, photographed, scanned and routed to a warehouse.

Startup 286