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Fonality: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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Brickfish Snags Sales Exec From Google

socalTECH

San Diego-based Brickfish , a developer of social media and networking software being used by brands, reported today that it has hired on a Paul Botto, most recently Head of Analytics for the North American Sales Organization at Google, as its Vice President of Sales. Brickfish is venture backed by DCM, Draper Richards L.P.,

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Fonliaty: Rapid Growth, Doubling In Sales

socalTECH

Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.

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CapLinked Adds $1M, New Investors In Funding Round

socalTECH

Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. CapLinked develops an online, cloud-based platform used to manage due diligence and deal documents, and which competes against deal room management software.

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Siemer Ventures Backs Ribbon

socalTECH

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round.

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Fonality Hits One Billion Cloud Calls

socalTECH

Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. Fonality is backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners, and is headed by Chris Lyman.

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TicketSauce Takes $2.5M For Live Event Management Software

socalTECH

San Diego-based TicketSauce , a developer of private label event management software, has raised $2.5M The funding was led by Draper Frontier Opp & Tech Fund. The company said the funding goes towards sales and marketing. in a Series A funding, the company announced this morning.