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Virtualitics Raises $18 Million for Data Analytics Software

L.A. Business Journal

Pasadena-based data analytics software company Virtualitics Inc. has raised $18 million in a Series B funding round led by North Sound Ventures.

Software 232
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Bluebeam Software Acquired For $100M

socalTECH

Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. READ MORE>>.

Software 228
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QLess Courts Retailers With Line Management Software

socalTECH

Pasadena-based QLess , which develops software to help manage lines and appointments, is courting retailers as they look to how to best adapt to the COVID-19 era. The company said its software eliminates the need for physical lineups, enabling mobile or home waiting for retailers. The company is led by CEO Kevin Grauman.

Software 113
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Pasadena Angels Release 2015 Investment Totals

socalTECH

The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies. The total number of deals in 2015 was up from just 17 investments in 2014. READ MORE>>.

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Guidance Software Acquired By OpenText For $240M

socalTECH

Pasadena-based forensics software maker Guidance Software has agreed to be acquired by OpenText , in a deal worth approximately $240M, Guidance said this morning. Guidance, which is best known for developing the EnCase forensic security software, said OpenText will pay $7.10

Software 153
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Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

Pasadena has a long history as a center of the technology and innovation world�all the way back to first American experiments with rocket launches in 1936�Southern California's first foray into the rocket business (sorry, SpaceX)--through the Internet boom with Idealab, to today. What else do you think Pasadena needs in the ecosystem?

Pasadena 100
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Guidance Software Rolls Out Updated Software

socalTECH

Pasadena-based computer forensics software maker Guidance Software said this morning that it has launched an updated version of its EnCase Endpoint Investigator software. The company said the new software features "off-network" data collection, aimed at helping collect data on mobile devices and endpoints.

Software 100