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Mogreet Opens Midwest Sales Office

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Los Angeles-based Mogreet , coming off a new round of venture funding, is in expansion mode, saying that it has opened up a new Midwest sales office for the company. Mogreet said it has opened up a new office headed by Joshua Pyne, who the firm snagged from ChaCha, the mobile questions and answers service. READ MORE>>.

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MomentFeed Acquired By Uberall

socalTECH

Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

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Fonality: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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Fonliaty: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier.

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MomentFeed Adds $16.3M

socalTECH

The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier. The startup, led by CEO Robert Blatt, said the funding will go towards operations, and to add new products, features, and services for its customers, along with additional sales executives. READ MORE>>.

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CapLinked Adds $1M, New Investors In Funding Round

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Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The company is targeting the software for companies working on asset sales, financing, and mergers. The startup--which is led by PayPal veteran Erik M.