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LogicMonitor Acquired By Vista Equity Partners

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Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. Financial details of the acquisition were not announced.

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RightScale co-founder Siegel Sells Exceptional.io To Rackspace

socalTECH

Jonathan Siegel , who co-founded Santa Barbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Financial terms of the acquisition were not announced by the companies.