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Bluebeam Nets Local Angel Groups 20X Return

socalTECH

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. pasadena angels exits venture capital angel investment bluebeam tech coast investors greendot gdot' READ MORE>>.

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Angel Funding Advice

Both Sides of the Table

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. This post is for those who want to raise angel money. Very few people fund individuals. Team: You need a team.

Angel 291
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MindBody Software Raises $9.0M More

socalTECH

San Luis Obispo-based MindBody Software , the developer of software for managing yoga, pilates, wellness community, and spa and retreats businesses, has raised nearly $9.0M in a new funding round. MindBody's software-as-a-service handles business management, merchant account processing, mobile, and other aspects for its clients.

Software 157
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Flywheel Expands Into Los Angeles, Ramps Up Taxi vs. Rideshare Battle

socalTECH

The fight between Los Angeles taxicab drivers and services like Lyft and Uber haas just gotten even more interesting, as mobile app developer Flywheel said it has launched in Los Angeles. The company also said it is offering up a $10 ride credit in Los Angeles for users to try out the service, with promo code FLYLA10.

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17hats Gets $1.25M For Small Business Automation Software

socalTECH

Pasadena-based 17hats , a developer of business automation software, has raised $1.25M in a seed funding round, according to the company. The funding was led by Wavemaker Partners, along with un-named strategic investors and angels. Eric Manlunas of Wavemaker Partners joins 17hats'' board as part of the funding.

Software 100
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X1 Finds $5.1M More For Ediscovery Efforts

socalTECH

Pasadena-based e-discovery software developer X1 has raised $5.1M more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. The round also included angel investor George Kadifa, the former head of HP Software. X1 is led by CEO Craig Carpenter and CTO Brent Botta.

CTO Hire 124
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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses. READ MORE>>.

Software 181