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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Now the city’s enterprise tech scene can claim a really big winner with Signal Sciences , the security monitoring and management company that is getting bought by Fastly , a provider of content delivery networking services, for $775 million. Fastly was founded to meet developers’ need for greater visibility and control.

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j2 Global Raising $300M In Convertible Notes For Acquisitions, Growth

socalTECH

The publicly held company--which owns a significant number of Internet services, in addition to publisher Ziff Davis--said it will use that debt funding for general corporate purposes, including acquisitions. backup cloud saas software efax capital acquisition merger j2global' READ MORE>>.

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Parallax Capital Partners Buys SaaS Firm Daptiv

socalTECH

Laguna Hills-based Parallax Capital Partners , an investment group which acquires and operates software companies, said today that it has acquired Seattle-based Daptiv , a provider of online software-as-a-service for project and portfolio management. Financial terms of the acquisition were not announced.

SaaS 157
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CapLinked Looks To Challenge Data Room Services With Update

socalTECH

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates.

Services 218
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Cornerstone OnDemand Files For IPO

socalTECH

Cornerstone OnDemand develops software-as-a-service, used by human resources and others to manage learning, career development, succession planning, and other corporate operations. Tags: software saas exit acquisition merger ondemand cornerston. According to the S-1, the firm had a net loss of $8.3M on revenues of $29.3M

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Mission Debuts Managed Services, Cloud Consulting After Merger

socalTECH

The company--led by longtime cloud and hosting services veteran Simon Anderson--offers up managed services and consulting for cloud platforms like Amazon Web Services (AWS) and Microsoft Azure. READ MORE>>.

Services 133
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Kareo Buys Medical Billing Company

socalTECH

Irvine-based Kareo , which develops cloud-based software for medical office practice management, has acquired a provider of medical billing services. According to Kareo, it acquired ECCO Health , which it says has been providing medical billing services for the last decade in Las Vegas. Financial details of the buy were not announced.

Company 147