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BetterWorks Shutting Down On May 31st

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In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. BetterWorks had raised $10M in funding from Redpoint Ventures. READ MORE>>.

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Topspin Preps Updated iPhone Ticket App

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Venice, California-based Topspin , the online music marketing software firm headed by Ian Rogers, said today that it is prepping an update to the firm's iPhone application for ticketing. The software is used by Topspin's customers to scan tickets sold through Topspin's software. READ MORE>>.

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Report: Southern California Venture Capital Totals $464M In Q3

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The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M The other large sector for investments was Software, with $54.8M For the quarter, San Diego County garnered the most venture capital, with $231.3M in investments.

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Orca Security Joins Unicorns With $210M Injection

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Los Angeles-based Orca Security, a developer of cloud security software, has joined Southern California's unicorns, raising $210M in a Series C funding. The funding was led by CapitalG, the growth fund of Alphabet, and Redpoint Ventures. the company said the funding gives it a valuation of $1.2

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Qualified.com, With LA Exec, Gets $12M

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Qualified , a startup developing conversational marketing software for companies that use Salesforce, said on Tuesday that it has raised $12M in its Series A funding. Scott Beechuk, a partner at Norwest Venture Partners, joins the company's baord of directors. Sikola previously served at ExpenseCloud and TriNet Cloud in Los Angeles.

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Thanks to our sponsors!

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Redpoint Ventures (www.redpoint.com). Custom Insurance Programs for Technology Companies. Murano Software (www.muranosoft.com). Your Software Development Partner. Thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Silicon Valley Bank (www.svb.com).

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SRCH2's Plan to Arm The World With Enterprise Search Technology

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com) recently scored a round of funding from such notable investors as Data Collective, Brad Jones of Redpoint Ventures, Horizon Ventures, and TenOneTen Ventures, the new Southern California venture capital firm headed by Gil Elbaz and David Waxman. Dev Bhatia: Search2 is next generation search software, built from the ground up.