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Connect3 Acquisition Completes

socalTECH

Cerritos-based Connect3 , a developer of advertising, merchandising, and promotions software, is now officially part of DemandTec, a Bay area firm that develops promotional planning software. Tags: merger marketing acquisition demantec software connect3 advertising. Financial terms of the deal were not disclosed. READ MORE>>.

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Connect3 Systems Acquired By DemandTec

socalTECH

Cerritos-based Connect3 Systems, a developer of advertising, merchandising, and promotions software, has been acquired by San Carlos-based DemandTec, DemandTec said Monday. The software helps those retailers manage merchandising and advertising efforts and cross-promotion READ MORE>>.

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With $40 million for AuditBoard’s risk and compliance toolkit, LA’s enterprise startups notch another win

TechCrunch LA

Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. Now, AuditBoard joins a growing list of Los Angeles business-focused software companies that are beginning to scale dramatically in the city.

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ReachLocal Tops Fast 500 List

socalTECH

Woodland Hills-based ReachLocal , a provider of local search advertising services, has topped Deloitte's 2009 Technology Fast 500 list, an annual listing of companies ranked by their five year growth rates. According to the list, ReachLocal topped the list with a five-year, fiscal growth rate of 146,050 percent.