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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.”

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Pipe Picks Up $60M For SaaS Financing

socalTECH

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday.

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Locale puts $2M to work helping people discover local cuisine

TechCrunch LA

In addition to San Francisco, the company is now operating in Los Angeles. The new capital comes as Locale expands farther into San Francisco and Marin County this month and adds a new “locale” in Los Angeles in November. Other investors include Goodwater Capital and Esas Ventures.

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IDrive Takes On Remote Help Desk Services

socalTECH

Los Angeles-based IDrive Online Backup , which provides cloud backup and storage services, has launched a new, remote help desk service, which it is offering up to MSPs and IT specialists.

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Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

The former President of ExactTarget and later chief executive of Salesforce Marketing Cloud has made billions of dollars building products to help support customer service and now he’s back at it again with his latest venture MetaCX. Especially since the round was led by the Los Angeles-based venture firm Upfront Ventures.

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Velocify Wins eHarmony

socalTECH

Los Angeles-based Velocify , which develops cloud-based, sales automation software, has scored a win over at eHarmony. Velocify''s cloud-based software helps ensure that clients receive quick responses to inquiries, and also helps marketers better prioritize clients and opportunities. READ MORE>>.

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SOA Software Debuts New Product

socalTECH

Los Angeles-based SOA Software said this morning that it has launched a new product. SOA Software said its new product, the SOA Software Datacenter API Platform, is aimed at the "software-defined datacenter", and helps its customers abstract data center resources from applications. Pricing on the new product was not announced.

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