socalTECH

JANUARY 17, 2013

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M billion in venture capital. Second in terms of dollars was software, which totaled $107.6M was invested across Southern California in Q4 of 2012. in funding. in funding.

Southern California 237

Southern California Orange County GRP Partners San Diego 237

socalTECH

FEBRUARY 10, 2016

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.

Pasadena Angels 100

Pasadena Angels Pasadena Invest Angel 100

socalTECH

MAY 21, 2010

Pasadena-based TweetUp , the Twitter advertising startup backed by Idealab and headed by Bill Gross, said Thursday afternoon that the firm has now registered 75,000 keywords, and also inked a deal with Conduit. Tags: tweetup twitter advertising idealab conduit software. READ MORE>>.

Idealab 189

Idealab Advertising Web Pasadena 189

socalTECH

MAY 27, 2011

Pasadena-based online advertising software firm OpenX has just raised a big, $20M funding round, according to a regulatory filing from the firm late Friday. OpenX is a major provider of advertising serving software, particularly for larger online publishers, and is headed by Tim Cadogan.

OpenX 168

OpenX ReachLocal Southern California Advertising 168

socalTECH

NOVEMBER 1, 2012

San Luis Obispo-based MINDBODY has raised a big, $35M venture capital round this morning, led by Institutional Venture Partners (IVP), along with Catalyst Investors (Catalyst) and Bessemer Venture Partners (BVP). As part of the funding, MINDBODY said that Norm Fogelsong of IVP has joined the company's board of directors.

Tech Coast Angels 173

Tech Coast Angels Pasadena Angels Pasadena Commerce 173

socalTECH

DECEMBER 11, 2018

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. READ MORE>>.

Dollar Shave Club 173

Dollar Shave Club Invest CalTech Funding 173

socalTECH

AUGUST 20, 2010

San Luis Obispo-based MindBody Software , a developer of software for managing yoga, wellness, and spa businesses, has raised nearly $11M in a new funding round, according to a regulatory filing by the firm this morning. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody.

Tech Coast Angels 145

Tech Coast Angels Pasadena Angels SaaS Class 145

socalTECH

FEBRUARY 19, 2015

Pasadena-based 17hats , a developer of business automation software, has raised $1.25M in a seed funding round, according to the company. 17hats develops a suite of software featuring CRM, project management, calendaring, quotes, contracts, invoicing, time tracking and bookkeeping, all aimed at solo entrepreneurs. READ MORE>>.

Software 100

Software Outsource Development Seed Funding Pasadena 100

socalTECH

JUNE 5, 2018

Paycom Software , a publicly traded developer of cloud-based human capital management software, has opened up a new office in San Diego, the company said on Monday afternoon. According to Paycom, the office will be its seventh in California, including locations in Sacramento and Pasadena, and its fourth in Southern California.

San Diego 100

San Diego Sales Software Southern California 100

socalTECH

APRIL 21, 2010

Pasadena-based TweetUp , the Idealab-backed startup focused on monetizing Twitter messages, said today that it has inked two deals to display its search results, one with Twitter client TweetDeck , and another with popular technology blog TechCrunch. Financial terms of the deals were not disclosed. READ MORE>>.

Idealab 176

Idealab Pasadena Blogging Advertising 176

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0

Southern California 196

Southern California Invest Westlake Village SoCal 196

socalTECH

JANUARY 4, 2017

Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Vertical Management Systems (VMS) provides its software to large financial institutions. READ MORE>>.

Pasadena 140

Pasadena Acquisition Software Technology 140

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

SEPTEMBER 30, 2014

Pasadena-based Metacloud is now officially part of Cisco , the companies said Monday, with Metacloud joining Cisco''s Cloud Infrastructure and Managed Services organization. Metacloud was venture backed by AME Cloud Ventures, Canaan Partners, Pelion Venture Partners, Silicon Valley Bank, Storm Ventures, and UMC Capital. READ MORE>>.

Pasadena 147

Pasadena Acquisition Organization Software 147

socalTECH

NOVEMBER 24, 2021

Pasadena-based QLess, which develops software for managing virtual customer waiting lines, said on Tuesday evening that it has been acquired by Palisades Growth Capital, along with a syndicate of un-identified family offices. Financial terms of the acquisition were not announced. QLess is led by President and CEO Mark Tapling.

Equity 140

Equity Pasadena Acquisition Customer 140

socalTECH

DECEMBER 13, 2011

San Luis Obispo-based MINDBODY , the provider of online software for health and wellness companies, reported today that it has launched a new, custom daily deal feature to its software. READ MORE>>.

Tech Coast Angels 140

Tech Coast Angels Pasadena Angels Pasadena Software 140

socalTECH

JULY 14, 2010

Pasadena-based TweetUp , the Twitter advertising firm started by Idealab's Bill Gross, is expanding out its network of sites this morning, saying that it has added four new publishers to its roster. The firm also has deals with various Twitter clients and related software providers. READ MORE>>.

Idealab 189

Idealab Advertising Pasadena Sites 189

socalTECH

MAY 29, 2013

Pasadena-based X1 Discovery , the developer of enterprise e-discovery and search tools, has some new funding in hand, and has been ramping its efforts in the market. X1 Discovery recently released a brand new release of its X1 desktop search software, X1 Search 8. No other details of the investor backing were announced by the company.

Idealab 147

Idealab Tool Pasadena Venture Capital 147

socalTECH

APRIL 3, 2014

Pasadena-based software developer Central Desktop said this morning that it has added software veteran Kumar Vora to its board of directors. Vora is the CEO of Acrolinx, and also had served as entrepreneur-in-residence at Foundational Capital, as well as a VP at Oracle and Adobe. READ MORE>>.

Oracle 140

Oracle Satisfaction Pasadena Software Development 140

socalTECH

DECEMBER 19, 2012

That's exactly what the software from Honey (www.joinhoney.com) does, by automatically helping users of Google's Chrome Browser to find and try out e-commerce coupon codes. We spoke with Ryan Hudson, one of the co-founders of the Pasadena company, to learn more about the tool. Describe what Honey is all about and how it works?

Google 233

Google Pasadena Commerce Southern California 233

socalTECH

AUGUST 28, 2012

Santa Barbara-based BioIQ , the developer of software and technology for the health and wellness industry, said today that it has partnered with privately held insurance brokerage and consulting firm Keenan. BioIQ is backed by Great Pacific Capital, the venture firm of Fastclick founder Dave Gross.

Arcadia 162

Arcadia Screening Santa Barbara Pasadena 162

socalTECH

JULY 25, 2011

San Luis Obispo-based MINDBODY , the developer of online software for the health and wellness industry, reported Friday that SpaFinder is using its software for its online booking engine. MINDBODY is venture backed by Bessemer Venture Partners , Catalyst Investors , the Pasadena Angels , Tech Coast Angels and Frontera Capital.

Tech Coast Angels 140

Tech Coast Angels Pasadena Angels Pasadena Report 140

socalTECH

MARCH 2, 2010

Pasadena-based Perfect Market , a provider of software which enables monetization of long tail content of publishers such as newspapers, has raised $6.0M Tags: perfect market venture capital idealab publishing content newspaper publish. in a funding round, according to a recent regulatory filing by the firm. READ MORE>>.

Rustic Canyon 145

Rustic Canyon Marketing Idealab Pasadena 145

socalTECH

MARCH 19, 2013

Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M in a seed funding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures. READ MORE>>.

eHarmony 193

eHarmony CalTech Seed Funding Pasadena 193

socalTECH

MARCH 20, 2015

Altadena-based Rexter , the developer of real time contact and relationship management software led by technology veteran Andy Wilson, has been named one of the fourteen companies in the upcoming Microsoft Digital Work Accelerator. READ MORE>>.

Altadena 100

Altadena Class Pasadena Yahoo 100

socalTECH

OCTOBER 3, 2019

Pasadena-based e-discovery software developer X1 has raised $5.1M more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. The round also included angel investor George Kadifa, the former head of HP Software. X1 is led by CEO Craig Carpenter and CTO Brent Botta.

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

Both Sides of the Table

JULY 10, 2012

In LA companies used to be concentrated near Pasadena or in the San Fernando Valley. For those that aren’t aware of the broader technology shifts of cloud computing, the trend is described in a post I did about changes in the software industry. The same phenomenon is happening in many places. And with startups so go VCs.

Technology 313

Technology Rustic Canyon Cloud Computing Beverly Hills 313

socalTECH

JANUARY 7, 2015

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. The Tech Coast Angels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

socalTECH

JULY 18, 2017

Pasadena-based ObEN , the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital. ObEN said it has now raised a total of $13.7M

Artificial Inteligence 124

Artificial Inteligence Idealab Pasadena Platform 124

socalTECH

JANUARY 17, 2013

Pasadena-based advertising technology firm OpenX has raised $22.5M OpenX develops online ad serving software, used by web publishers to serve up advertising on their web sites; the firm also offers up a real-time bidding exchange, OpenX Market, used by advertisers and publishers for deciding what advertising to serve up to consumers.

OpenX 178

OpenX Advertising Pasadena Web 178

socalTECH

NOVEMBER 9, 2011

Pasadena-based Idealab has led a round into LA-spawned Mingly , a developer of software which connects Gmail with a user's social networks. Mingly's software offers similar functionality to software from Gist (now Blackberry), and Nimble. and Startup Nights here in LOs Angeles.

Idealab 140

Idealab Funding Social Network Pasadena 140

socalTECH

JANUARY 26, 2010

Pasadena-based OpenX , which develops open source, ad serving software, said Tuesday that it has launched a new version of its software. OpenX is venture backed by DAG Ventures, Accel Partners, Index Ventures, Mangrove Capital, First Round Capital, and others. READ MORE>>.

OpenX 100

OpenX Statistics Advertising Pasadena 100

socalTECH

APRIL 11, 2017

Pasadena-based Virtualitics , a developer of analytics software aimed at the virtual reality and augmented reality application market, has raised $4.4M It's unclear if the round includes the $3M announced by the company in a seed funding in January or is all new capital. READ MORE>>.

Tool 113

Tool Seed Funding Pasadena Funding 113

socalTECH

MAY 26, 2009

Pasadena-based OpenX Technologies , a developer of ad serving software for web publishers, said this morning that it has raised $10M in a Series C funding round. OpenX's software and services are used by online publishers to serve up web ads; the firm also recently launched its own ad marketplace. READ MORE>>.

OpenX 100

OpenX Advertising Pasadena Venture Capital 100

socalTECH

FEBRUARY 11, 2011

Pasadena-based California Insitute of Technology said this week that it has tapped a venture capitalist for its Board of Trustees. Gupta is also on the board of TIBCO Software and Red Hat, among other companies. According to Caltech, Narendra K. Gupta also previously was co-founder of Integrated Systems, which he took public in 1990.

CalTech 145

CalTech Pasadena Invest Software 145

socalTECH

MARCH 11, 2009

Pasadena-based venture capital firm California Technology Ventures has staked a developer of a video game software engine, Blade Games , with a $4M investment. Tags: california ventures technology video game venture blade software capital developer blade3d.

Invest 100

Invest Technology Software Engineering Pasadena 100

socalTECH

JULY 27, 2009

Los Angeles-based XCast Labs , which provides voice-over-IP software for cable and telecom companies, disclosed two wins this morning, saying that it is providing services to S. XCast is venture backed by Siemer and Associates, Frontera Capital and the Pasadena Angels. Tags: xcast labs telecom software voip. READ MORE>>.

Vernon 100

Vernon Customer Custom Pasadena Angels 100