article thumbnail

Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. who start with small equity percentages don’t end up making very much from startups.

CTO Hire 241
article thumbnail

Caylent Connects With $16M

socalTECH

Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company offers up "container orchestration" software, which is used to deploy software into clouds, such as Amazon Web Services (AWS). Caylent is led by CEO JP La Torre.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Software Developers

SoCal CTO

Mark tells us: there is a lot of demand for developers right here in L.A. There’s quite a bit of truth to what Mark is saying about startup software developers, but my guess is that there’s another reason that it seems harder to find developers in this context. reduced salary, partial equity, good experience, etc. They haven’t.

article thumbnail

With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management.

SaaS 292
article thumbnail

Analytix On Demand Gets Funding

socalTECH

Irvine-based Analytix On Demand , a provider of business intelligence software, said this morning that it has raised a round of mezzanine funding. Amount of the funding was not disclosed, but came from Private Equity Management Group. Analytix On Demand offers enterprise focused, business intelligence software.

Demand 100
article thumbnail

Triton Digital Acquired By Vector Capital

socalTECH

Los Angeles-based Triton Digital , the provider of software for the digital audio streaming market, has been acquired by private equity firm Vector Capital , the companies said today. Triton Digital is led by Neil Schore, and was backed by Sean Moriarty, the current CEO of Demand Media. READ MORE>>. READ MORE>>.

Capital 100
article thumbnail

Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. Are there any technology innovations, gadgets, devices, software that you found most interesting in 2018? Seismic, a sales software company, raised $100M and became a unicorn.