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.

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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.

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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.

Casetabs Gets $3M For Managing Surgery Communications

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Santa Monica-based Casetabs , a developer of cloud-based software used for surgical case coordination, has raised $3M in a funding round, the company said on Tuesday morning. According to the company, it develops software that breaks down communication barriers between surgery centers, physician offices, hospitals, anesthesiologist groups and medical vendors. casetabs surgery communications venture capital software saas cloud management surgical lifescience

Restaurant365 Finds $88M In Funding

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Irvine-based Restaurant365 , a developer of cloud-based accounting software specifically aimed at the restaurant industry, has raised $88M in a Series C funding round, the company said this week. The funding was led by ICONIQ Capital, and also included Tiger Global Management and Bessemer Venture Partners. restaurant365 cloud accounting software restaurant venture capital saas hospitality

Mercato Finds Funding For Grocery Delivery

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The funding also included prior investor Loeb Enterprises, an investment fund managed by Michael Loeb, best known for its funding and development of Priceline.com. According to Mercato, it will use the new funding to expand into new markets, as well as continue development of its technology and services. mercato grocery delivery venture capital priceline services software saas cloud ondemand ecommerce

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

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.

eSub Construction Software Finds $12M For Project Management Tools

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San Diego-based eSub Construction Software , a startup developing construction project management tools, has raised $12M in a funding round, the company announced this morning. eSub, led by founder and CEO Wendy Rogers, develops construction management software, which produces daily reports, RFIs, change orders, handles purchase orders, and more. esub contruction software project management venture capital saas

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Specright Picks Up $8.8M For Specifications Software

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Irvine-based Specright , a developer of specification data management software, has raised $8.8M The startup said the funding was led by Pritzker Group Venture Capital (PGVC), and also included Okapi Venture Capital, Fika Ventures, and Mucker Capital. Gabe Greenbaum of Pritzker Group Venture Capital will join the company's board alongside the funding. Specright's software is used to develop supply chain specifications for packaging, products, and raw materials.

Perspectium Finds $8M For Service Management Integration Tools

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San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. perspectium service management integration software venture capital funding expansion saas cloud data migration synchronization

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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

Clearlake's NetDocuments Gets New Investment

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NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Clearlake Capital continues to be the majority owner of NetDocuments, which is based in Lehi, Utah.

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Glofox Picks Up $10M For Fitness Studio Management Tools

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Los Angeles- and Dublin, Ireland-based Glofox , which develops a cloud-based software to help fitness studio owners manage their businesses, has raised $10M in a Series A funding. The funding was led by Octopus Ventures, and also included Partech Ventures, Notion Capital, and Tribal VC. glofox fitness management software saas cloud social business enterprise venture capital

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Clubspeed Collects $20M

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Corona, California-based Clubspeed , a software developer which develops software used by entertainment and activity centers to manage their business, has raised $20M in a funding round, according to investor Bellwether Financial Group. Bellwether said it joined Navadon Capital Partners in the $20M funding round, which gives the two companies a majority interst in Clubspeed.

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

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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Site1001 Finds $6M

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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

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

Black Mountain Systems Acquired By Vista Equity Partners

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San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Black Mountain Systems was previously owned by another, private equity investor, Stone Point Capital LLC , which acquired Black Mountain in 2015. Stone Point Capital said that Black Mountain has had "significant growth" in both revenues and profitability since it made the investment in 2015.

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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

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

Raken Names New Board Member

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San Diego-based Raken , a developer of construction field management software, says it has added a new member to its board of directors. Berman currently is a venture advisor for Spider Capital Partners. Raken is backed by Spider Capital, as well as U.S. Venture Partners, Tao Capital Partners, Eniac Ventures, and Rincon Venture Partners. raken board executive construction field management software saas cloud dave berman zoom

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

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