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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

“Our team couldn’t be more excited about the opportunity to join Fastly to continue to drive forward security protections that empower developers. Fastly was founded to meet developers’ need for greater visibility and control. Signal Sciences employees aren’t the only winners in the deal.

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PayEngine Picks Up $1.6M for SaaS Payments

socalTECH

Los Angeles-based PayEngine, a startup developing a white label, payment platform for software-as-a-service companies, has raised $1.6M The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company. in a seed funding, the company said this morning.

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Pipe Picks Up $60M For SaaS Financing

socalTECH

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday. The company said the new funding will go towards growth and expansion of its operations into new markets.

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March Capital Backs Gr4vy

socalTECH

Santa Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures.

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March Capital Partners Backs Appcito

socalTECH

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. READ MORE>>.

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TVC Capital Backs LiquidPlanner

socalTECH

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. READ MORE>>.

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Clearlake Capital Buys Zywave

socalTECH

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced.

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