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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

“Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said. Clio has more than 150,000 customers across 100 countries.

Platform 244
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DreamHost Launches OpenStack Cloud

socalTECH

Los Angeles-based web hosting provider DreamHost has expanded into the cloud computing services market, saying this morning that it has launched a new OpenStack-based cloud computing platform called DreamCompute. Pricing on its new cloud based service was not disclosed.

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LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million

TechCrunch LA

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. ” Replicated now counts 85 customers who pay for access to the platform and for every on-premise deployment that customers develop through the platform.

Software 224
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Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

Especially since the round was led by the Los Angeles-based venture firm Upfront Ventures. Our founding team includes world-class engineers, designers and architects who have been building billion-dollar SaaS products for two decades,” said McCorkle, in a statement. “We Midwest rising.

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The Changing Venture Landscape

Both Sides of the Table

We try to cap our A-funds at around $300 million so we retain the discipline to invest early and small while building our Growth Platform separately to do late stage deals (we now have > $300 million in Growth AUM). In fact, we just announced that we hired a new head of our Growth Platform, (follow him on Twitter here ?

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The Startup Guide To SXSW Panel Picking

Tech Zulu Event

The buzz words of SXSW Interactive 2010: cloud computing, social, on-demand, sharing, collaboration, Entrepreneurism / Monetization Cloud Computing, monetization, Startup. . How UX and the Cloud are Transforming Software. Entrepreneurism / Monetization Cloud Computing, Entrepreneurism, SaaS. .

Guide 69