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Santa Barbara Investors Back Solvvy

socalTECH

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

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Yardi Extends Online Purchasing Software To Canada

socalTECH

Santa Barbara-based property management software developer Yardi announced this week that it has extended Yardi Marketplace, its online purchasing software for maintenance, repair, and operating (MRO) supplies, to Canada.

Software 100
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Yardi Debuts Machine Learning Software

socalTECH

Santa Barbara-based property management software developer Yardi said today that it has launched a new product, which uses machine learning for prescriptive analytics.

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Procore Set For $592M IPO This Week

socalTECH

Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business. billion market cap.

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QAD In $2 Billion Private Equity Acquisition

socalTECH

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in Santa Barbara.

Equity 113
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Yardi Buys WUN Systems For Coworking Software, Systems

socalTECH

Santa Barbara-based real estate management software developer Yardi has acquired WUN Systems , the developer of technology used to manage coworking and shared workspaces, the company said late Wednesday. Financial details of the acquisition were not announced. WUN Systems' CEO was Dale Hersowitz.

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Yardi Wins Irish Rental Manager

socalTECH

Santa Barbara-based property management software developer Yardi reports that it has been selected by a company in Dublin, Ireland. According to Yardi, Urbeo Residential Limited has selected it as the end-to-end software provider for its 1500+ unit build to rent portfolio.