socalTECH

JANUARY 4, 2017

Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Vertical Management Systems (VMS) provides its software to large financial institutions. READ MORE>>.

Pasadena 140

Pasadena Acquisition Software Technology 140

socalTECH

MARCH 6, 2014

Pasadena-based Central Desktop , which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. Saas Capital provides alternative financing to SaaS businesses. Saas Capital provides alternative financing to SaaS businesses.

SaaS 174

SaaS Pasadena Venture Capital Capital 174

socalTECH

JUNE 26, 2020

Pasadena-based QLess , a developer of artificial intelligence software for managing lines, says it has scored a number of wins with local governments, as a result of the COVID-19 pandemic. from Palisades Growth Capital and Act One Ventures. QLess is led by CEO Kevin Grauman; the company has been around since 2007.

Artificial Inteligence 113

Artificial Inteligence South Gate Pasadena Tool 113

socalTECH

OCTOBER 21, 2019

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital. Size of the investment in MobLab was not announced.

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Funding Education Pasadena Equity 100

socalTECH

JULY 18, 2017

Pasadena-based ObEN , the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital.

Artificial Inteligence 124

Artificial Inteligence Idealab Pasadena Platform 124

socalTECH

MARCH 20, 2015

Altadena-based Rexter , the developer of real time contact and relationship management software led by technology veteran Andy Wilson, has been named one of the fourteen companies in the upcoming Microsoft Digital Work Accelerator. READ MORE>>.

Altadena 100

Altadena Class Pasadena Yahoo 100

socalTECH

NOVEMBER 6, 2017

Pasadena-based QLess , which develops software to help eliminate lines for businesses, has raised $5.5M The funding was led by Palisades Growth Capital and Act One Ventures, and also included several of its prior investors. The company said its software is now deployed in more than 1,000 locations. READ MORE>>.

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Funding Pasadena Equity Software 100

socalTECH

APRIL 11, 2017

Pasadena-based Virtualitics , a developer of analytics software aimed at the virtual reality and augmented reality application market, has raised $4.4M It's unclear if the round includes the $3M announced by the company in a seed funding in January or is all new capital. READ MORE>>.

Tool 113

Tool Seed Funding Pasadena Funding 113

socalTECH

JANUARY 22, 2013

Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. According to Atlas Powered, the funding will go towards development and commercialization of its app for iOS and Android.

Tech Coast Angels 223

Tech Coast Angels Pasadena Angels Pasadena Los Angeles 223

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

APRIL 3, 2014

Pasadena-based software developer Central Desktop said this morning that it has added software veteran Kumar Vora to its board of directors. Vora is the CEO of Acrolinx, and also had served as entrepreneur-in-residence at Foundational Capital, as well as a VP at Oracle and Adobe. READ MORE>>.

Oracle 140

Oracle Satisfaction Pasadena Software Development 140

socalTECH

JANUARY 17, 2013

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M billion in venture capital. and Cardiaq valve Technologies in Irvine, a developer of mitral heart valve replacements, which raised $37.3M. in funding. in funding.

Southern California 237

Southern California Orange County GRP Partners San Diego 237

socalTECH

MAY 29, 2013

Pasadena-based X1 Discovery , the developer of enterprise e-discovery and search tools, has some new funding in hand, and has been ramping its efforts in the market. X1 Discovery recently released a brand new release of its X1 desktop search software, X1 Search 8. X1 Discovery is one of the companies out of Idealab. READ MORE>>.

Idealab 147

Idealab Tool Pasadena Venture Capital 147

socalTECH

MARCH 14, 2017

Pasadena-based ObEN , which develops virtual reality avatar technology, has scored funding from SoftBank Ventures Korea, SoftBank said this morning. ObEn, led by Nikhil Jain, develops software which allows users to take a selfie and voice recording, and turns that into a photo-realistic, virtual reality version of a human.

Pasadena 124

Pasadena Research Funding Invest 124

SoCal Tech Calendar

JUNE 7, 2016

Pasadena-based QLess , which is developing mobile apps to help reduce the lines in government offices and other locations, has raised $3.5M The funding came from True Growth Capital and Wellington Financial LP. Bell has served at Infrascale, SOS Online Backup, 3PL Central, Software.com, and Encore Software.

Pasadena 100

Pasadena Education Mobile Funding 100

socalTECH

SEPTEMBER 6, 2016

Everbridge , the developer of mass notification, incident management, and other related software tools, which has offices in Pasadena and Glendale, has set the estimated trading range for its IPO, saying it expects to sell 7,500,000 shares of its common stock at between $11.00 and $13.00

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Glendale Pasadena Tool Networking 100

socalTECH

AUGUST 20, 2010

San Luis Obispo-based MindBody Software , a developer of software for managing yoga, wellness, and spa businesses, has raised nearly $11M in a new funding round, according to a regulatory filing by the firm this morning. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody.

Tech Coast Angels 145

Tech Coast Angels Pasadena Angels SaaS Class 145

socalTECH

JULY 2, 2018

Pasadena-based ObEN , the artificial intelligence startup developing personal avatars, says it has linked with Tencent and the Tsinghua University PBC School of Finance (PBCSF), on a "blockchain research center" in China. ObEN and its partners are investing a total of $5M in the research center. READ MORE>>.

Research 113

Research Artificial Inteligence Pasadena Venture Capital 113

socalTECH

AUGUST 17, 2010

San Luis Obispo-based MINDBODY , a developer of software-as-a-service for the yoga, pilates, wellness, and spa market, said today that wellness businesses are signing up for its MINDBODY Finder product, technology which allows consumers to book and pay for fitness classes and wellness appointments online. READ MORE>>.

Customer 223

Customer Custom Tech Coast Angels Technology 223

socalTECH

OCTOBER 16, 2015

Pasadena-based 17hats , a startup that develops business management software aimed specifically at solo entrepreneurs (solopreneurs), has raised $4M in a Series A funding. The startup's software handles everything from booking clients and managing projects, to finances and other administrative processes. READ MORE>>.

Entrepreneur 100

Entrepreneur Tool Coach Pasadena 100

socalTECH

JULY 25, 2011

San Luis Obispo-based MINDBODY , the developer of online software for the health and wellness industry, reported Friday that SpaFinder is using its software for its online booking engine. MINDBODY is venture backed by Bessemer Venture Partners , Catalyst Investors , the Pasadena Angels , Tech Coast Angels and Frontera Capital.

Tech Coast Angels 140

Tech Coast Angels Pasadena Angels Pasadena Report 140

socalTECH

AUGUST 28, 2012

Santa Barbara-based BioIQ , the developer of software and technology for the health and wellness industry, said today that it has partnered with privately held insurance brokerage and consulting firm Keenan. BioIQ is backed by Great Pacific Capital, the venture firm of Fastclick founder Dave Gross.

Arcadia 162

Arcadia Screening Santa Barbara Pasadena 162

socalTECH

MAY 21, 2010

Pasadena-based TweetUp , the Twitter advertising startup backed by Idealab and headed by Bill Gross, said Thursday afternoon that the firm has now registered 75,000 keywords, and also inked a deal with Conduit. Tags: tweetup twitter advertising idealab conduit software. READ MORE>>.

Idealab 189

Idealab Advertising Web Pasadena 189

socalTECH

DECEMBER 26, 2018

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. What was the biggest lesson you learned this year? READ MORE>>.

Southern California 113

Southern California SoCal Pasadena Startup 113

Xconomy

OCTOBER 24, 2016

Intel Capital has invested $38 million in 12 technology startups since July, highlighting its venture investment focus on innovations in self-driving cars and machine vision, the Internet of Things, sports and health, drones, and virtual reality. We need to be on a path-finding mission to find tangential investments,” he told reporters.

Capital 40

Capital San Diego Invest USC 40

socalTECH

MARCH 19, 2013

Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M in a seed funding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures. READ MORE>>.

eHarmony 193

eHarmony CalTech Seed Funding Pasadena 193

socalTECH

JANUARY 26, 2010

Pasadena-based OpenX , which develops open source, ad serving software, said Tuesday that it has launched a new version of its software. OpenX is venture backed by DAG Ventures, Accel Partners, Index Ventures, Mangrove Capital, First Round Capital, and others. READ MORE>>.

OpenX 100

OpenX Statistics Advertising Pasadena 100

socalTECH

APRIL 21, 2010

Pasadena-based TweetUp , the Idealab-backed startup focused on monetizing Twitter messages, said today that it has inked two deals to display its search results, one with Twitter client TweetDeck , and another with popular technology blog TechCrunch. Financial terms of the deals were not disclosed. READ MORE>>.

Idealab 176

Idealab Pasadena Blogging Advertising 176

socalTECH

MARCH 11, 2009

Pasadena-based venture capital firm California Technology Ventures has staked a developer of a video game software engine, Blade Games , with a $4M investment. Blade Games develops Blade3D, a video game engine used for Windows and Xbox 360 development.

Invest 100

Invest Technology Software Engineering Pasadena 100

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0

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Southern California Invest Westlake Village SoCal 196

socalTECH

NOVEMBER 9, 2011

Pasadena-based Idealab has led a round into LA-spawned Mingly , a developer of software which connects Gmail with a user's social networks. Mingly's software offers similar functionality to software from Gist (now Blackberry), and Nimble. and Startup Nights here in LOs Angeles.

Idealab 140

Idealab Funding Social Network Pasadena 140

socalTECH

JANUARY 17, 2013

Pasadena-based advertising technology firm OpenX has raised $22.5M OpenX develops online ad serving software, used by web publishers to serve up advertising on their web sites; the firm also offers up a real-time bidding exchange, OpenX Market, used by advertisers and publishers for deciding what advertising to serve up to consumers.

OpenX 178

OpenX Advertising Pasadena Web 178

socalTECH

MAY 26, 2009

Pasadena-based OpenX Technologies , a developer of ad serving software for web publishers, said this morning that it has raised $10M in a Series C funding round. OpenX's software and services are used by online publishers to serve up web ads; the firm also recently launched its own ad marketplace. READ MORE>>.

OpenX 100

OpenX Advertising Pasadena Venture Capital 100

socalTECH

JULY 14, 2010

Pasadena-based TweetUp , the Twitter advertising firm started by Idealab's Bill Gross, is expanding out its network of sites this morning, saying that it has added four new publishers to its roster. The model for the site is similar to the cost-per-click ads originally developed by Gross for Internet search engines. READ MORE>>.

Idealab 189

Idealab Advertising Pasadena Sites 189

socalTECH

FEBRUARY 24, 2020

Glendale-based Reveleer (www.reveleer.com) is a developer of cloud-based software used for managing medical data, and recently announced a Series C funding round from investors Boston Millenia Partners and Upfront Ventures. We're backed by Upfront Ventures, which is a well known venture capital firm here in SoCal.

Artificial Inteligence 113

Artificial Inteligence SoCal Southern California Software 113

socalTECH

MAY 26, 2009

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. X1 develops enterprise search software designed to search desktops and company networks for documents. READ MORE>>.

Idealab 100

Idealab Technology Funding Pasadena 100

socalTECH

JUNE 17, 2009

Los Angeles-based XCast Labs , a developer of voice-over-IP technology and services, announced today that the firm has rolled out its IP video mail services to BlackBerry deviecs. The service is part of the company's software-as-a-service, IP-PBX and related offerings. Tags: saas software telecom voip blackberry labs xcast.

IP 100

IP Pasadena Angels SaaS Pasadena 100