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Pacific Consolidated Buys Saucey, Emjay

socalTECH

(PCH) announced on Wednesday that it has acquired both alcohol delivery and logistics platform Saucey , as well as cannabis delivery and retail software developer Emjay. Saucey was launched in 2014, and says it now serves 22 U.S. Financial terms of the acquisition were not announced.

San Diego 113
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Rincon Venture Partners Sees Exit At Rentlytics

socalTECH

Rentlytics has been acquired for $57M in cash by RealPage , a Texas software developer for the multi-family real estate industry. Rincon had been part of a small, $4M seed funding round for Rentlytics in 2014; it's unclear how much capital the company raised subsequent to that seed funding. READ MORE>>.

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Edgewave Raises $2M For Cyber Security Efforts

socalTECH

San Diego-based cyber security software developer EdgeWave has raised $2M more in a Series A funding, the company said Wednesday. The company said the new funding brings its total raised in 2014 to $8M. The funding included $1.2M from TVC Capital, $500,000 from Northgate, and $300,000 from Bill Baumel and RWI Ventures.

San Diego 149
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Chrome River Expands In Asia Pacific

SoCal Tech Calendar

Los Angeles-based expense and invoice management software developer Chrome River says it has launched operations in the Asia Pacific, and set up a new company based in Sydney, Australia. The office is its second overseas; the company opened up an office in the UK in 2014. READ MORE>>.

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WeDo Gets $1M For To Do List App

socalTECH

Mobrem is a serial entrepreneur, who was the founder of Lettuce, which he sold to Intuit in 2014; Shulem is a 21-year old Mac software developer. The startup--founded by Spencer Shulem and Raad Mobrem--lets users track tasks, get reminders, and even collaborate on lists with other people. Name of the angels were not announced.

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BlackLine Reports 60 Percent Rise In Revenues

socalTECH

Los Angeles-based financial software developer BlackLine Systems , which develops financial close automation software, reported yesterday that its revenues were up nearly 60 percent in the second quarter of 2014, compared to the prior year.

Report 138
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LumaTax Raises $2M For Small Business Tax Reporting Software

socalTECH

The startup is led by Robert Shulte, who was founder of sales tax software provider Taxient, which was based in San Diego, and who he sold to tax software developer Avalara in 2010.

Software 100