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Restaurant365 Gets $20M For Restaurant Management Software

socalTECH

Restaurant365 was founded in 2011 by Morgan Harris, John Moody and Tony Smith: the company said its software is already used by such chains as Sbarro, MOD Pizza, Capriotti's Sandwich Shop, Texas de Brazil, Luke's Lobster, Freddy's Frozen Custard & Steakburgers, Ono Hawaiian BBQ, Blaze Pizza, and many others.

Software 113
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The Changing Venture Landscape

Both Sides of the Table

.” * I first wrote about the changes to the Venture Capital ecosystem 10 years ago and this still serves as a good primer of how we arrived at 2011, a decade on from the Web 1.0 The market today would barely be recognizable by a time traveler from 2011. dot-com bonanza. Ten years on much has changed. just to name a few!

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Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity

SoCal Tech Calendar

Wednesday, May 19, 2010 -- Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity. Cloud computing is estimated to be a $160 billion market opportunity by 2011 (Merrill Lynch). MIT Enterprise Forum of the Central Coast. The applications segment (a.k.a. See [link] (more).

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? Why Build a Services Business in the First Place?

Services 332
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Classy: We've Hit $1 Billion In Donations

socalTECH

San Diego-based online nonprofit fundraising software developer CLassy said this morning that it has just hit $1 billion in total donations through its platform. Classy was launched in 2011, and is led by CEO and co-foudner Scot Chisolm. Classy was launched in 2011, and is led by CEO and co-foudner Scot Chisolm.

San Diego 113
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Green Dot Sets July 4th Launch Of GoBank

socalTECH

According to Green Dot, it plans to launch its service, GoBank, on Independence Day on iPhone, Android, and online--and also will be making a big, national push to market the service. Green Dot''s banking services came via the acquisition of both an FDIC approved community bank back in 2011, and mobile software developer Loopt.

Mobile 173
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Siemer Ventures Raises $45M, Becomes Wavemaker Partners

socalTECH

The new fund is larger than the company''s second fund, which was raised in 2011 and was worth $28M. According to Wavemaker Partners, the new fund will be focused on mobile services, Internet, and software. Siemer said it will make around 25-30 new investments globally per year across its focus areas.