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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. READ MORE>>.

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K1 Investment Management Buys Digital Pharmacist

socalTECH

Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M. Digital Pharmacist, which is based in Austin, Texas, had been backed by LiveOak Venture Partners.

Invest 113
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CapLinked Adds Security Features For Deal Management

socalTECH

If you're an investor who's concerned about the security of your deal data being store on the web, CapLinked , which develops an online platform to help companies manage and close their business transactions, has an answer for you: military-grade security. READ MORE>>.

Platform 147
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Procore Acquires BIManywhere

socalTECH

Carpinteria-based cloud software developer Procore , which develops software used in managing construction projects, has acquired BIManywhere , a developer of software used for construction and facilities management. Financial details of the buy were not announced.

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The Startup Guide To SXSW Panel Picking

Tech Zulu Event

Software Labs: Petri Dishes for Tech Innovation. Over the past ten years, the rise of the consumer web and the availability of better measurement too. Bootstrapping process, product development, Prototyping. . The step by step story of an entrepreneur’s journey from idea to bootstrap web startup from her vi.

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