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Clearlake Capital Backs MetricStream In $65M Funding Round

socalTECH

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. MetricStream is based in Palo Alto, California.

Capital 113
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TestFlight Hits Android

socalTECH

Santa Monica-based testing software developer TestFlight said today that it has opened up its private beta for Android to all users. The company said it already has had more than 5,000 developers upload more than 4,500 apps for testing on the service. TestFlight''s software was originally only available on iOS.

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Burstly Opens Skyrocket To All App Developers

socalTECH

Santa Monica-based app testing and anlytics developer Burstly has opened up access to its mobile monetization platform, extending access to its SkyRocket product via a self-serve offering. Burstly formerly only referred to the company''s app monetization tools. Rifkin is the former founder of Tagworld. READ MORE>>.

Develop 196
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Geodelic Wins Clear Channel

socalTECH

Santa Monica-based Geodelic , the mobile application development firm run by Rahul Sonnad, has signed up Clear Channel's airport division, Clear Channel Airports , the companies said today. Financial impact of the win was not disclosed.

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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

Burstly, a Santa Monica based company, provides an open and free ad management platform that helps mobile application developers better monetize their inventory. As I naturally get asked all the time why we invested in Company A or Company B, I thought I’d just put forth my thesis in writing.

Mobile 282
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Dreamhammer's Dream Of Interoperable Drones

socalTECH

In the world of drone aircraft and robots, right now everyone develops their own, on-board operating systems software to run those autonomous systems. We spoke with Dreamhammer''s CEO, Nelson Paez , about the company''s software and its vision for a interoperable operating system for drones and robots. That''s a key factor.

Startup 183
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Crowdfunder Hosts 1st Crowdsourced Startup Contest | Crowdstart LA

Tech Zulu Event

On Tuesday, July 10, Crowdfunder hosted Crowdstart LA, the first crowdsourced startup contest at the Fairmont Miramar Hotel in Santa Monica. The panel of experts not only judged the competition but also gave the companies feedback after their pitch. ” Here’s a recap of a few cool companies that pitched: TradeYa Inc.

Startup 85