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LogicMonitor Names New CEO

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Santa Barbara-based software developer LogicMonitor says it has named Christina Kosmowski as the company's new CEO, succeeding former CEO Kevin McGibben. McGibben is shifting to become Executive Chairman of the company. Kosmowski was most recently President of the firm.

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FastSpring Expands Platform

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Santa Barbara-based software developer FastSpring--best known for its e-commerce software tools--says it is expanding its offerings, and will offer up support to B2B, software-as-a-service and downloadable software companies with sales team.

Platform 113
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Yardi Launches Product In The UK

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Santa Barbara-based property management software developer Yardi says it has launched a new product in the United Kingdom. According to Yardi, it has launched Yardi Breeze Premier for the UK property market, providing property management and accounting to small and medium-sized real estate landlords and property agencies.

Product 113
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LogicMonitor Opens New London Data Center

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Santa Barbara-based infrastructure and performance monitoring software developer LogicMonitor said today that it has opened up a new, European data center, as part of an expansion of business in Europe. READ MORE>>.

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LogicMonitor Acquired By Vista Equity Partners

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Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. Financial details of the acquisition were not announced.

Equity 113
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RightScale co-founder Siegel Sells Exceptional.io To Rackspace

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Jonathan Siegel , who co-founded Santa Barbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Siegel also headed by software development firm ELC Technologies.

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RightScale, Zend Tie On PHP Platform

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Santa Barbara-based RightScale , the cloud management software developer backed by Tenaya Capital , DAG Ventures, Benchmark Capital , Index Ventures , and Presidio Ventures, and PHP developer Zend Technologies , said today that they have launched a jointly developed solution for deploying and managing PHP applications.

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