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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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MindBody Raises $50M

socalTECH

The company--which develops software-as-a-service which helps local businesses manage scheduling, staff management, point of sale, ecommerce, marketing, and more--said the funding came from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners.

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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. Garcia said the company is looking for employees across sales, marketing, support, client services and development. READ MORE>>.

SoCalTech 160
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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses. The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital.

Software 181
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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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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. XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the Pasadena Angels. The firm did not disclose financials.

IP 124
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eHarmony Settles Same-Sex Class Action Lawsuit

socalTECH

Pasadena-based online dating site eHarmony has settled a class action lawsuit over its lack of support for gay, lesbian, and bisexual individuals, the firm reported Tuesday evening. The firm later launched Compatible Partners , a same-sex matching service, in March of 2009, on pressure from the State of New Jersey.

eHarmony 165