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FastPay Tops $100M In Funding To Customers

socalTECH

Los Angeles-based FastPay , which provides specialized line of credit to online publishers, e-commerce companies, videogame companies, and other digital media companies, reports this morning that it has placed over $100M in funding to over 100 customers since its launch in 2010. READ MORE>>.

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Pragma is a back-end toolkit for gaming companies, so game developers can focus on games

TechCrunch LA

Well, now those development studios can turn to Pragma , which is building the back-end toolkit for gaming companies so their developers can focus on what they do best — making games. In the game industry, a game can stay in beta for years as developers work out the kinks. Pragma’s investors agreed.

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Signal Sciences: Protecting Web Apps In The Era Of DevOps, with Andrew Peterson

socalTECH

In today's world of web application development, speed is everything. Developers are now turning out code and releasing it live to the world in near real time--what is called DevOps and Agile development. With the rise of the cloud and Agile, it's really changed how developer are coding their websites.

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MobileCause Partners With Sage

socalTECH

Los Angeles-based mobile fundraising application developer MobileCause has partnered with Sage , to provide its mobile fundraising platform to Sage's nonprofit customers. Sage announced the agreement today, saying that MobileCause will be integrated with its Sage Millennium and other products.

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Nirvanix Adds Nasuni

socalTECH

San Diego-based cloud storage provider Nirvanix has added a new customer of the firm's storage service, Nasuni , a Massachusetts startup providing virtual file server software. Nasuni said it is using Nirvanix to provide its customers with unlimited cloud capacity. READ MORE>>.

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Interview with Bryan Biniak, Connected Travel

socalTECH

We have built an application services platform for vehicles, and our first customer was actually USAA. That's where we started to play with Honda, our next big customer, where we have built out these infotainment and commerce systems in a vehicle, with an ad platform on top of what we started as an incentive for safe driving.

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It’s Morning in Venture Capital

Both Sides of the Table

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.