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PayEngine Picks Up $1.6M for SaaS Payments

socalTECH

in a seed funding, the company said this morning. The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company. Spartak Buniatyan is founder and CEO of PayEngine. Spartak Buniatyan is founder and CEO of PayEngine.

SaaS 113
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Pipe Picks Up $6M For SaaS Financing

socalTECH

A new, Los Angeles-based fintech startup, Pipe , said this morning that it has raised $6M in its seed funding round, to launch a new platform which offers up financing to subscription-based, software-as-a-service companies. Pipe is led by Harry Hurst, Josh Mangel, and Zain Allarakhia.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years.

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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference. One area with headwinds are non-mission critical SaaS niche solutions showing slower growth.

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Drata Takes $25M For Security, Compliance Software

socalTECH

The company said it previously raised a seed funding round six months ago. Drata said its current customers include Clearco, SmartRecruiters, The Good Face Project, 360 Insights, and Trust & Will. The company said its founders previously started a company called Portfolium, which was acquired by Instructure in 2019.

Software 113
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Interview with Ruben Schultz, Swoop

socalTECH

in a seed funding round. What Swoop does, is we build technology for them, SaaS tools, which allow them to run their businesses more effectively. With SaaS, eventually, ou can provide a great booking experience and rides for everyone. The company recently announced $3.2M What's Swoop all about? READ MORE>>.

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