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Drata Raises $200M In Series C, Now Worth $2 Billion

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San Diego-based security and compliance automation software developer Drata announced this morning that it has raised $200M in its Series C funding round, at a valuation of $2 billion. Adam Markowitz is the Co-Founder and CEO of Drata.

San Diego 113
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DivX Files Another Lawsuit Against Hulu

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San Diego-based video software developer DivX has just filed another lawsuit against Los Angeles-based Hulu, alleging patent infringement for its video-streaming and playback technologies. DivX filed the lawsuit in the Ninth Circuit of the California Central District Court.

Hulu 113
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Pacific Consolidated Buys Saucey, Emjay

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A new, Los Angeles-based operating and holding company, Pacific Consolidated Holdings Group Inc. PCH) announced on Wednesday that it has acquired both alcohol delivery and logistics platform Saucey , as well as cannabis delivery and retail software developer Emjay. Financial terms of the acquisition were not announced.

San Diego 113
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LumaTax Raises $2M For Small Business Tax Reporting Software

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LumaTax , a new startup has offices in both San Diego and Seattle, Washington, has raised $2M in a funding, the company said on Thursday. The funding came from Madrona Venture Group, Greycroft Partners, and angels. The company is initially launching its product in California.

Software 100
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Qualcomm Backs Wireless Software Firm M87

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San Diego-based Qualcomm has invested in wireless network software developer M87 , M87 announced this week, as part of a $3M, Series A funding round. M87 is a developer of wireless network infrastructure software aimed specifically at improving the coverage and capacity of current wireless networks.

Software 173
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Anametrix Names Product Management VP

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San Diego-based real-time marketing analytics software developer Anametrix said Wednesday that it has named Barry Parshall as its new SVP of Product Management. Anametrix is backed by TVC Capital as well as angels. software analytics management product anametrix' READ MORE>>.

Product 164
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Mobile Roadie Powers Soccer App

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Los Angeles-based mobile application software developer Mobile Roadie reported this week that it is powering the official app for the Denmark national football team. READ MORE>>.

Mobile 145