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One Kings Lane Snags Chief Technology Officer From Zappos

socalTECH

One Kings Lane , the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer. Rajan will be at the company''s San Francisco offices.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

It seems Los Angeles is becoming an enterprise software hotspot. million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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Midnight Lights Up With $7.5M

socalTECH

Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M in its seed funding round.

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The Stage Fund Sets Partner In Los Angeles

socalTECH

The The Stage Fund , a investment and acquisition firm focused on acquiring turnaround companies, has tapped a longtime Southern California entrepreneur, Dan Tamkin , as a new Managing Partner in Los Angeles. According to the fund, Tamkin will be setting up a West Coast office for the fund, which is based in Denver, Colorado.

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Loot Crate Names CTO

socalTECH

Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Downey Ventures, M13, and SterlingVC. READ MORE>>.

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Papaya Picks Up $50M For Mobile Payments

socalTECH

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

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Worlize Names CTO

socalTECH

Los Angeles-based Worlize , the user-generated social gaming firm headed by Brian McKelvey, has added a new Chief Technology Officer, the firm is announcing tomorrow. Worlize is adding Sabri Sansoy, former CTO for Animax Entertainment, to the position. READ MORE>>.