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Passenger Self-Service Community Software

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Los Angeles-based Passenger , a developer of software used by brands to run online communities for their customers, announced today that it has released a new version of its platform. According to the company, it has expanded its product to allow agencies to build and manage their own communities using its software. READ MORE>>.

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Steamboat Invests in Chinese Web Analytics Firm

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Los Angeles-based Steamboat Ventures , the venture capital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. READ MORE>>.

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Kofax Buys Kapow Technologies

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Irvine-based Kofax has acquired Kapow Technologies , a provider of data integration software, the firm announced Wednesday. Kofax said the acquisition will help grow its sales organization and accelerate its software revenue growth. Kapow''s investors included Steamboat Ventures and Morgan Stanley, among others.

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GameSalad Improves Support Tools

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Los Angeles-based and Austin-based GameSalad , which develops software to easily create iPhone and other iOS platform games, announced earlier this week that it has improved its overall communications and support tools for its users. GameSalad also has improved its contact forms and customer support and bug handling. READ MORE>>.

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Sometrics Signs Gaming Site

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Los Angeles-based Sometrics , a developer of analytics tools for online game developers, reported recently that it has signed on gaming site Ijji.com as a customer. Sometrics is venture backed by Steamboat Ventures, The Mail Room Fund, AT&T, and Greycroft Partners. Financial details of the deal were not disclosed.

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Passenger Wins Microsoft

socalTECH

Los Angeles-based Passenger , which develops private, online communities for brands to help them gain insight into their customers, said today that Microsoft Corp. Passenger provides brands with online customer input sites, and its clients also include such firms as JC Penney, Coca-Cola, Mercedes-Benz, and Fox. READ MORE>>.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

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