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Aurora Capital Group Sells Market Track To Vista Equity

socalTECH

Los Angeles-based private equity investor Aurora Capital Group has sold Chicago-based Market Track , a provider of advertising, e-commerce, brand protection, and other information to retailers, brands, manufacturers, and others, to private equity buyer Vista Equity Partners. Financial terms of the sale were not announced.

Equity 113
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Scalefast Adds $22M For eCommerce Tools

socalTECH

Los Angeles-based Scalefast , a developer of direct-to-consumer, e-commerce software, has raised $22M in a Series B funding round. The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. Scalefast's software is specifically used by brands to scale direct-to-consumer sales.

Tool 124
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

It also handles the back end as well by automating the posting, sale and shipment of unsold inventory while offering immediate payment to creditworthy sellers. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. How e-commerce companies can brave the new retail environment.

Product 191
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After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

TechCrunch LA

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. We feel fortunate to partner with a team that has such deep expertise in commerce and technology.

Media 134
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Interview: Mark Faggiano On TaxJar's Sales Tax Savvy Software

socalTECH

Sales tax compliance is not a typical sexy startup area. So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software.

Sales 149
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First Beverage Ventures Backs VitaCup

socalTECH

Size of the equity funding was not announced. VitaCup offers its single cup, Keurig-style coffee and tea pods online through its own e-commerce channels. First Beverage said VitaCup will use the proceeds to expand sales and marketing, for e-commerce channels, development of additional product offerings, and other efforts.

Commerce 113
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TouchCommerce Wins Virgin Mobile France

socalTECH

Agoura Hills-based TouchCommerce , a provider of online chat and sales conversion services for e-commerce retailers, reports today that Virgin Mobile France has implemented the firm's live assistance solution. Size of the win was not announced. The firm is headed by Bernard Louvat. READ MORE>>.