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Central Desktop Gets $5.0M In Credit Line

socalTECH

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. According to the company, Central Desktop wlil use the financing to accelerate time to market for its products, and also to invest in further growth.

SaaS 174
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Central Desktop Sees Growth, Targets 50 Employees By Year End

socalTECH

Pasadena-based Central Desktop , a provider of online, software-as-a-service project management tools and applications, is in the midst of a growth spurt, says CEO Isaac Garcia. Garcia said the company is looking for employees across sales, marketing, support, client services and development. READ MORE>>.

SoCalTech 160
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Central Desktop Sees Growth, Boosts Hires In 2009

socalTECH

Pasadena-based software-as-a-service developer Central Desktop reported today that the firm had 44 percent, year-over-year growth, and boosted its staff by 50 percent in 2009, as a result of demand for the firm's online project collaboration tools. The firm said its customers now include such companies as Netflix, U.S.

SaaS 140
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OptionEase Trumpets Revenues

socalTECH

San Juan Capistrano-based OptionEase , which develops software for tracking stock options compliance, said Thursday that the firm had 300% revenue growth in 2008. OptionEase develops software-as-a-service for tracking stock options compliance and the FAS 123(R) and IFRS2 regulations. READ MORE>>.

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XCast Labs Adds Videomail Support For Blackberry

socalTECH

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
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FastSoft Updates Product Line

socalTECH

Pasadena-based FastSoft , the Caltech spinout developing Internet acceleration devices, disclosed earlier this week that it has rolled out a new product. The firm said it is targeting hosting, SaaS, social network, content distribution networks, and cloud computing companies with the hardware. READ MORE>>.

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17hats Finds $4M To Build Tools For Solo Entrepreneurs

socalTECH

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 company is targeting such solopreneurs as photographers, developers, interior designers, business coaches, event planners, bookkeepers, consultants and others.