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Central Desktop Sees Growth, Boosts Hires In 2009

socalTECH

Pasadena-based software-as-a-service developer Central Desktop reported today that the firm had 44 percent, year-over-year growth, and boosted its staff by 50 percent in 2009, as a result of demand for the firm's online project collaboration tools. The firm said its customers now include such companies as Netflix, U.S.

SaaS 140
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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

socalTECH

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Cleantech had an enormous rise and fall between 20006 and 2009. Lots has changed since 2009.

Invest 113
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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital. The firm said it reached nearly $10M in revenues in 2009, and has over 9,300 customers in 62 countries.

Software 181
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LeisureLink Adds Utah Lodge

socalTECH

Pasadena-based LeisureLink said Monday that it has added Springdale, Utah-based Majestic View Lodge , a vacation lodging firm near Zion National Park, as a client. According to LeisureLink, the lodge has been using the firm's distribution platform since the fall of 2009. Financial impact of the customer win was not disclosed.

Pasadena 124
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Central Desktop Sees Growth, Targets 50 Employees By Year End

socalTECH

Pasadena-based Central Desktop , a provider of online, software-as-a-service project management tools and applications, is in the midst of a growth spurt, says CEO Isaac Garcia. The firm says that it's been seeing lots of customer and sales growth, and is hiring across the board to grow faster. READ MORE>>.

SoCalTech 160
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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. The firm said it has been profitable since July, and saw growth from IP-PBX, SIP Trunk, residential, and reseller customers. The firm did not disclose financials.

IP 124
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Interview with Andy Steuer, Punchcard

socalTECH

Last week, Pasadena-based Punchcard (www.punchcard.com) launched its mobile apps, which help local retailers provide rewards to loyal customers. It provides consumer rewards, and on the merchant side, it allows them to identify local customers and reacquire them by pushing them offers and incentives to come back.