Acquisition Equity Invest Pasadena 
socalTECH
FEBRUARY 12, 2020
Financial terms of the acquisition were not announced. Parchment got its start in Los Angeles as Docufide, a startup offering up handling of high school transcripts for colleges and university applications; Docufide was venture backed by the Tech Coast Angels and Pasadena Angels. READ MORE>>.
socalTECH
SEPTEMBER 27, 2016
LeisureLink , the developer of vacation rental booking software which was started in Pasadena, has shut down all of its operations, and laid off all of its staff. The company said it has now entered into an Assignment for Benefit of Creditors to manage an orderly disposition of the company's assets.
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socalTECH
DECEMBER 26, 2018
In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. What was the biggest lesson you learned this year?
socalTECH
MAY 16, 2011
Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. SanDisk said it would pay $327M in cash, plus equity-based incentives for Pliant, a developer of enterprise solid state disk drives (SSDs).
socalTECH
MARCH 1, 2012
Last week, Pasadena-based Punchcard (www.punchcard.com) launched its mobile apps, which help local retailers provide rewards to loyal customers. That was a rocket ride as well, and that took us to a top 10 website, and NBC took an equity steak in the company. The firm is backed by Idealab, and is headed by Internet veteran Andy Steuer.
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