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Clearlake Capital Backs MetricStream In $65M Funding Round

socalTECH

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others.

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Geodelic Confirms Verizon Relationship

socalTECH

Santa Monica-based Geodelic , the location-based mobile application development firm run by Rahul Sonnad, confirmed its relationship with Verizon last week. Verizon has been an investor in the firm since June, and Geodelic has been developing applications with Verizon over the last year. READ MORE>>.

Twiistup 187
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Geodelic Wins Clear Channel

socalTECH

Santa Monica-based Geodelic , the mobile application development firm run by Rahul Sonnad, has signed up Clear Channel's airport division, Clear Channel Airports , the companies said today. Geodelic is venture backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. READ MORE>>.

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Crowdfunder Hosts 1st Crowdsourced Startup Contest | Crowdstart LA

Tech Zulu Event

On Tuesday, July 10, Crowdfunder hosted Crowdstart LA, the first crowdsourced startup contest at the Fairmont Miramar Hotel in Santa Monica. Divshot is a tool for web application developers. It is the first interface prototyping tool that gives its users the ease of a drag-and-drop mockup application.

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