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Pasadena Angels Release 2015 Investment Totals

socalTECH

The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies. The total number of deals in 2015 was up from just 17 investments in 2014. READ MORE>>.

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Silicon Beach Software, Led By Software Legend, Rolls Out First Software Title

socalTECH

San Diego-based Silicon Beach Software --a newly revived software company headed by longtime software legend Charlie Jackson--announced its first title on Friday, a vector drawing software called SaviDraw.

Software 113
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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 100
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Anchore Gets $5M For Software Container Security

socalTECH

Santa Barbara-based Anchore , which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. The funding came from local angel Andreas von Blottnitz, along with Doug Carlisle of Menlo Ventures. Anchore is led by Said Ziouani, a veteran of Eucalyptus and Ansible.

Software 160
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SaaS Is Dead, Long Live Software

InfoChachkie

Software terminology is stubbornly not following a similar evolution. It’s high time we kill the term Software As A Service (SaaS) and call it what it is – software. Even Salesforce abandoned it’s silly “No Software” tagline, after the company had to explain in 2015 that it meant, “No legacy software, just cloud software.”.

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What I Learned In 2015: Arteen Arabshahi, Karlin Ventures

socalTECH

Arteen Arabshahi: While Karlin Ventures has had an excellent first few years as a firm seeing over 6 exits and making 40+ investments within 3 years, what was most exciting in 2015 was the addition of our third team member, Erin Shipley. Who or what do you think had the biggest impact on the technology industry in 2015?

SoCalTech 100
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Pakedge Device and Software Acquired For $32.7M By Control4

socalTECH

Pakedge Device & Software , a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M in sales in 2015, and had been led by Victor Pak and Dusan Jankov. deal, the companies said this week. Pakedge has offices in Huntington Beach. Pakedge had approximately $18.5M READ MORE>>.

Software 100