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Reliam Acquires G2 Tech, Plans Rebrand

L.A. Business Journal

South Bay-based cloud computing service provider Reliam announced May 23 the acquisition of Boston-based G2 Tech Group for an undisclosed sum.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 It seems Los Angeles is becoming an enterprise software hotspot. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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DreamHost Raises $30M

socalTECH

Dreamhost offers up a wide range of web hosting services, including domain name registration, web hosting, Wordpress hosting, cloud computing, cloud storage, and other services. acquisition merger funding debt capital venture colocation hosting dreamhost' The company was advised by DH Capital in the funding.

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3Tera Acquired By Computer Associates

socalTECH

Aliso Viejo-based 3Tera , a developer of cloud computing services and software, is being acquired by CA , CA announced today. Financial terms of the acquisition were not disclosed. According to CA, it will use the acquisition to expand its portfolio of solutions to manage cloud computing. READ MORE>>.

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Novacoast Buys IT Firm

socalTECH

Santa Barbara-based Novacoast , a provider of IT professional services and product development, said Monday that it has acquired Data Technique , a provider of IT services to the Midwest market. Financial terms of the acquisition were not disclosed.

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RLH Equity Sells Bluewolf Group To IBM

socalTECH

Financial details of the acquisition were not announced. Bluewolf provided IT consulting and cloud computing for Salesforce.com, and had more than 500 employees spread across 12 offices in the US, Europe, and Australia.

IBM 100
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Gores Group Buys Astadia

socalTECH

Los Angeles-based private equity firm The Gores Group has acquired cloud computing consulting and systems integrator Astadia , Gores said Monday. Astadia serves enterprise customers, helping them build cloud-based software; the firm says it has 2,600 clients using its services. Astadia was based in Dallas, Texas.