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Clearlake Capital Backs MetricStream In $65M Funding Round

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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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Prevoty Picks Up $8M For Secure Application Software

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Los Angeles-based Prevoty , a develops of software toolsets used to provide runtime protection of applications, has raised $8M in a Series A funding round, the company said today. prevoty venture capital security secure application monitoring cloud software' Prevoty i led by Julien Bellanger. READ MORE>>.

Software 100
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TenFarms Gets $2.7M For Smartphone Advertising Software

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Los Angeles-based TenFarms , the mobile application development startup headed by Nils Forsblom, announced this morning that it has raised $2.7M in an angel funding round, to launch a new mobile advertising product called Adtile to the market. TenFarms did not disclose the names of those angel investors.

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Vinny Smith's Toba Capital Backs Sauce Labs

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Vinny Smith , the former CEO of Orange County''s Quest Software, has backed a developer of web and mobile application development, via his investment firm, Toba Capital. software quest smith vinny toba integration continuous mobile capital venture labs sauce' READ MORE>>.

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Webalo Scores $3M For Mobile Enterprise Apps

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Los Angeles-based Webalo , a company which provides mobile application development tools, said this afternoon that it has raised $3M in a new funding round. The funding came from new and existing investors, including J.L. Easton Ventures, Balch Hill Capital, and others. READ MORE>>.

Mobile 176
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Ciphrex Gets $500K For Bitcoin Wallet

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San Diego-based Ciphrex announced this morning that it has raised $500,000 in a Series A round, for the company''s Bitcoin wallet software. Ciphrex--which was founded by Enrique and Eric Lombrozo, says it is developing a multisignature, Bitcoin wallet application aimed at both individuals and for application development in the enterprise.

San Diego 100
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PaeDae Ties Into appMobi

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Los Angeles-based mobile advertising startup PaeDae announced this morning that it has tied into Intel''s appMobi effort, which will allow Intel developers to integrate with its advertising platform. appMobi develops cross platform application development software for HTML5 and Javascript, and was acquired by Intel last year.