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

TechCrunch LA

It seems Los Angeles is becoming an enterprise software hotspot. 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

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ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

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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.

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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.

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Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Rackspace Acquires RelationEdge, Adding to IT Customer Management

Xconomy

San Antonio —Cloud computing giant Rackspace has acquired a company that helps other businesses implement and use the Salesforce software. The deal expands Rackspace’s focus on helping companies use software and computing services, including those of previous competitors.

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What I Learned in 2014: Jeb Spencer, TVC Capital

socalTECH

2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. Build a great team that is focused on providing a unique product or service that offers something of great value that your customers simply cannot live without. So how do you address these odds and win?

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