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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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MindBody Raises $50M

socalTECH

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. The company, led by Rick Stollmeyer, says it now has over 33,000 businesses using its service.

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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

socalTECH

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Talk about the new firm and the new fund? Cleantech had an enormous rise and fall between 20006 and 2009.

Invest 113
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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses.

Software 181
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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the Pasadena Angels. The firm did not disclose financials.

IP 124
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eHarmony Settles Same-Sex Class Action Lawsuit

socalTECH

Pasadena-based online dating site eHarmony has settled a class action lawsuit over its lack of support for gay, lesbian, and bisexual individuals, the firm reported Tuesday evening. The firm later launched Compatible Partners , a same-sex matching service, in March of 2009, on pressure from the State of New Jersey.

eHarmony 165
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Interview with Al Eisaian, IconApps

socalTECH

For our interview today, we caught up with Al Eisaian , CEO of Pasadena-based IconApps (www.iconapps.com), which is developing mobile applications for the iPhone market. We built that and put it on the App Store on December 24 of 2009. Al is a repeat entrepreneur, who last founded Integrien, and was SVP and GM at LowerMyBills.

Mobile 168