Corent Boosts Funding For SaaS Tools

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Aliso Viejo-based Corent , which develops software tools to more easily port traditional software to the software-as-a-service model, has raised $3.2M Corent CEO Feyzi Fatehi confirmed the round, saying that the firm is seeing lots of traction from firms looking to "SaaS"-ify their software.

SaaS 179

Clearlake Capital's Symplr Buys API Healthcare

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Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital. symplr clearlake capital private equity merger acquisition saas software healthcare compliance risk veritas apihealthcare

Toba Capital Backs Grow.com In $16M In Funding

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Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County. grow software analytics reporting venture capital saas toba business intelligence vinny smith

Startup CTO or Developer

SoCal CTO

What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. But often the result of a Founder hiring a developer or lead developer or even a VP engineering is a gap created between the founders and the developers.

CTO 259

TVC Capital Backs LiquidPlanner

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San Diego-based growth equity investor TVC Capital is the lead investor in LiquidPlanner , a developer of online project management software this morning. LiquidPlanenr said it raised $8M in a Series B funding from TVC Capital, the first venture funding in the company since it was founded in 2007. Steven Hamerslag of TVC Capital will join LiquidPlanner''s board of directors with the funding.

March Capital Partners Backs Appcito

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Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. March Capital''s Sumant Mandal led the investment round. March Capital has recently invested in such companies as Agent Ace, DeepForestMedia, and TeleSign.

Quest Software Backs Middleware Developer

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Aliso Viejo-based Quest Software , the developer of enterprise software tools, has backed a maker of SOA middleware. According to WSO2 , a Silicon Valley-based developer of middleware software, it raised $6.5M The investment also included Intel Capital. WSO2 develops cloud-enabled middleware software used by enterprises. wso2 quest software venture capital strategic investment middleware service oriented architecture saas paas

TVC Capital Backs Levels Beyond

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San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. TVC Capital's Jeb Spencer joins the company's board with the funding. levelsbeyond levels beyond software video content management venture capital saas

Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT

Tech Zulu Event

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise. Additionally, he has extensive application development, web hosting, and data center build-out and management experience.

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OptionEase Acquired By Solium Capital

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Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance. cloud saas software value fair accounting option stock acquisition merger capital solium optionease

Aclima sucks in $24M to scale its air quality mapping platform

TechCrunch LA

The Series A is led by Social Capital which is joining the board. Also participating in the round: The Schmidt Family Foundation, Emerson Collective, Radicle Impact, Rethink Impact, Plum Alley, Kapor Capital and First Philippine Holdings.

With $40 million for AuditBoard’s risk and compliance toolkit, LA’s enterprise startups notch another win

TechCrunch LA

” There are other tools out there, IBM has OpenPages and ThomsonReuters developed a tool for audit and risk and compliance , but these software services pre-dated Sarbanes-Oxley, and were not made with a modern organization in mind, according to Lee and Kim.

Mavenlink Finds $48M More

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Irvine-based Mavenlink , a startup which develops business process management software and related tools for services businesses, has raised $48M more, in a Series E funding round. The funding came from Carrick Capital Partners and Goldman Sachs Growth Equity. mavenlink venture capital goldman sachs business process management saas cloud

CitySourced Merges With Rock Solid Technologies

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Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. citysourced rock solid technologies merger acquisition mobile government software saas strattam

As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady

Xconomy

Aha makes a program that helps project managers develop new product roadmaps, which are used by others in the customer’s business, from sales. Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a “unicorn”—a business with a valuation of more than $1 billion—and it’s not even close. Instead, Aha is a bootstrapped startup.

Central Desktop Gets $5.0M In Credit Line

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Pasadena-based Central Desktop , which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. Saas Capital provides alternative financing to SaaS businesses. central desktop saas cloud collaboration software venture capital lending credit

Clubspeed Acquired By Private Equity Investor Nadavon

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Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. According to the two, Nadavon Capital Partners acquires a majority stake in Clubspeed, and has appointed Nadavon CEO Rmir Bosu as the CEO of Clubspeed.

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San Diego's Seismic Snags $100M, Joins Unicorns

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San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise. cloud saas software marketing sales unicorn capital venture seismic

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

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Ashton Kutcher and his Los Angeles-based venture firm, Sound Ventures , are one of the backers of a new startup which says it can offer up on-demand, software development and design services. saas celebrity kutcher ashton design development software ondemand capital venture gigster

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PetDesk Finds $12M For Veterinary Software

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San Diego-based PetDesk , a developer of software used by veterinarians, announced Friday morning that it has raised $12M in a Series B funding round. The funding came from PeakSpan Capital. PetDesk develops online software used to manage veterinary practices. petdesk veterinary software grooming grommers venture capital saas cloud manageent

Site1001 Finds $6M

socalTECH

San Clemente, California- and Kansas City, Missouri-based Site1001 , a developer of software for facilities maintenance and management, has raised $6M in a Series A funding, according to the company. The company, which is led by Southern California serial entrepreneur Cleve Adams, has previously raised funding from Flyover Capital, Tifec and Ward Ventures. site1001 venture capital software facilities management maintenance saas

Bonfire Backed Kittyhawk Finds New Funding

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Kittyhawk , a drone software developer backed by Santa Monica-based Bonfire Ventures, has scored new funding from insurance company Travelers, the company said today. boeing software saas flight vehicle aerial unmanned drone capital venture kittyhawk ventures bonfireThe startup, based in San Francisco, says it has now raised $9.5M in total from such investors as Travelers, Bonfire Ventures, Boeing HorizonX Ventures, Freestyle Ventures and The Flying Object.

Procore Collects $75 Million More, Now Worth $3 Billion

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Carpinteria-based software developer Procore has raised $75M more in a funding round, bringing its valuation to a heady $3 billion, in a round led by Tiger Global Management, the firm said Thursday. According to Procore, the funding will go towards product development, partner platform expansion, plus hiring. procore venture capital unicorn investment software cloud saas

AlwaysAI Adds $4M to Bring Deep Learning to Embedded ‘Edge’ Devices

Xconomy

AlwaysAI says it is getting ready to sell its software for enterprise developers looking to make applications that use deep learning to better process the immense amount of data from embedded devices, such as cameras, drones, wearables, and robots—and announced Tuesday it has raised $4 million to commercialize the platform. The company says its software allows developers to couple deep learning with.

TITAN School Solutions Finds $5.2M

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Irvine-based TITAN School Solutions , a developer of nutrition software and services for K-12 school districts, said on Wednesday that it has raised $5.2M titan school lunch nutrition program software cloud saas government venture capital wavemaker springboardin its Series A funding round. The funding was led by Wavemaker Partners and Springboard Ventures, and also included RezVen Partners.

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PatientPop Raises New Funding Round

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Santa Monica-based PatientPop , which develops healthcare practice management software, has raised a new round of funding, the company said this morning. The new funding round comes on top of earlier funding from Toba Capital and Silicon Valley Bank. patientpop healthcare practice management software venture capital leerink saas cloud

CapLinked Collects $2.5M As It Shifts Focus To Tokens

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Los Angeles-based CapLinked , which develops a range of software used for corporate finance deals and information sharing, has raised a $2.5M The funding came from Alphabit Fund, Translunar One, Kenetic Capital, NextProtocol Ventures, and BKCM. The new funding comes as CapLinked has started focusing on developing a software platform for managing "token" securities, called TransitNet. caplinked blockchain document management venture capital software saas cloud token security

Qmerit Connects With $11.75M For Supply Chain Software

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Irvine-based Qmerit , which develops cloud-based, supply chain software, has raised $11.75M in a first funding round, Qmerit said this week. The funding was led by Strandview Capital, and also included Schneider Electric and innogy Ventures, the venture capiatl arm of German energy company innogy SE. Qmerit says it is developing software that reduces labor and material costs for building owners, property managers, OEMs, and contractors.

Vroozi Raises $4M For Procurement Software

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Los Angeles-based Vroozi , a developer of cloud-based, B2B procurement software, has raised $4M in a funding round, the company said this morning. The startup, led by Steve Olds, said the funding will go towards growing its sales organization, as well as for development efforts. cloud saas growth expansion capital venture software procurement vroozi

Cornerstone OnDemand Signs Italian Fashion Brand

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Santa Monica-based human capital management software developer Cornerstone OnDemand has signed on Italian luxury menswear brand Canali as its newest customers. Cornerstone OnDemand said Canali is implementing its talent management software to better recruit, develop, and manage its people. csod cornerstone ondemand italy italian canali saas software human resources capital management

Impact Radius Gets $30M For Affiliate Marketing Software

SoCal Tech Calendar

Santa Barbara-based Impact Radius , which develops digital marketing and affiliate marketing software, has raised $30M in a funding round, according to the company. The funding came from Silversmith Capital partners. advertising leads saas capital venture petterson software affiliate marketing radius impact

Certona Scores $30M In Growth Funding

socalTECH

San Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The funding came from private equity investor Primus Capital. Certona said the funding will go towards growing market share, product development, and expanding services and support.

Fintech Company Kyriba to Sell $160M Majority Stake to PE Firm

Xconomy

Kyriba has been making cloud-based software since well before software-as-a-service (SaaS) became a tech buzzword. Nearly 20 years ago, the company, a spin-off of a French firm, began developing software to provide chief financial officers and other finance leaders with a comprehensive view of company cash and liquidity.

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

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ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. servicenow venture capital investment finance startup entrepreneur group software saas services management

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ServiceTitan Taps Intuit, Sony PlayStation Veteran As CMO

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Los Angeles-based ServiceTitan , which develops software used to manage residential home service businesses, announced this morning that it has named Guy Longworth as the company's first Chief Marketing Officer. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital. servicetitan executive chief marketing officer longworth software saas home residential contractor