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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Morgan Stanley & Co. Qatalyst Partners is acting as financial advisor to Signal Sciences, while Goodwin Procter was the company’s lawyer.

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Mission Debuts Managed Services, Cloud Consulting After Merger

socalTECH

The company said its core customers are in the media and entertainment, mobile gaming, digital media, education, consumer goods, marketing, ecommerce, and Software-as-a-Service (SaaS) verticals.

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Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT

Tech Zulu Event

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. 4 key areas SaaS startups must address to scale infrastructure for the enterprise.

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A Great Discussion with @skupor @davemcclure @msuster on Changes in the VC Industry

Both Sides of the Table

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. The only point we didn’t seem totally aligned on was what we happening to the “middle of the VC market.”

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Exactuals Gets $10M

socalTECH

Los Angeles-based Exactuals ha raised $10M in a Series A funding, for a new software-as-a-service to handle residuals, royalties, and other complex payments for the film, TV, music, and entertainment market. Exactuals is led by Mike Hurst. READ MORE>>.

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Reflections on 2018: Jim Andelman, Bonfire Ventures

socalTECH

In addition The Trade Desk, which went public in 2016, grew its market cap from just under $2 billion at the beginning of 2018 to slightly over $6 billion today. It was entertaining to be at the (geographical) epicenter of that phenomenon. Were pleased to be a part of one of SoCals greatest VC-backed successes.