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FastSpring Acquired By Accel-KKR

socalTECH

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. Financial details of the acquisition were not announced. Financial details of the acquisition were not announced. READ MORE>>.

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Ansible Acquired By Red Hat For Around $100M

socalTECH

Santa Barbara-based Ansible > , a developer of IT automation software, has been acquireed by Red Hat , to help bolster Red Hat's management capabilities for hybrid and OpenStack clouds, and container-based services. Financial terms of the buy were not disclosed, however, reports say the deal was worth around $100M.

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AppFolio Files For IPO

socalTECH

Appfolio--which is led by Brian Donahoo--is venture backed by Investment Group of Santa Barbara and BV Capital, along with such local angels as Andreas von Blottnitz and Klaus Schauser. AppFolio develops cloud-based property management software. READ MORE>>.

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Who's In Southern California's Unicorn Club?

socalTECH

A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. Cylance (www.cylance.com).

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Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community. Jim Semick: I’ve been launching and managing software products for 15 years now, going back to when you and I worked together at Expertcity before it was acquired by Citrix. Semick: They are.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. READ MORE>>.

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Shiphawk: Shipping Everything, Including Your Army Tank

socalTECH

Santa Barbara-based ShipHawk (www.shiphawk.com) is looking to solve the problem of pretty much shipping anything large (like cars and furniture) or unique, with its online shipping service--think "Kayak" for shipping. With our software, it does it all in an instant. Who is the ideal customer for your site? How are you funded?