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Pasadena Angels Release 2015 Investment Totals

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The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M The group also counted the IPO of Mindbody Software, and the acquisition of Bluebeam Software among its exits during 2015. The total number of deals in 2015 was up from just 17 investments in 2014.

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Bluebeam Software Acquired For $100M

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Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. READ MORE>>.

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Bluebeam Nets Local Angel Groups 20X Return

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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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LeisureLink Ties With Software Firm

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Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software. LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries.

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

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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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MindBody Software Raises $9.0M More

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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 MindBody's software-as-a-service handles business management, merchant account processing, mobile, and other aspects for its clients. in a new funding round.

Software 157
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17hats Gets $1.25M For Small Business Automation Software

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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. 17hats small business automation software venture capital solo entrepreneur suite wavemaker'

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