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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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j2 Global Buys IGN Entertainment

socalTECH

Los Angeles-based j2 Global , the provider of cloud-based business and telephony services, said today that it has acquired IGN Entertainment , the video game, entertainment, and men's lifestyle publisher, via is Ziff Davis subsidiary. Financial terms of the buy were not disclosed.

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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]. I wrote my version here and Scott wrote an excellent write-up of his views here. I don’t totally agree with that view.

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FilmTrack Gets $20M For Rights Management Software

socalTECH

Lang was recently CEO of Miramax, and was at Fox Entertainment, involved with both Hulu and MySpace. software hollywood content management rights saas capital venture filmtrack' READ MORE>>.

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Spotlight Ticket Management Adds Sacramento Kings

socalTECH

Spotlight said the Kinds will offer its SaaS products to corporate suite holders as a value added feature. Spotlight's ticket management systems are used to automate the management of entertainment and sports tickets, suites, and other assets for companies. Financial impact of the deal were not disclosed.

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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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Metacloud Upgrades OpenStack Service

socalTECH

Metacloud said it has already deployed the new software at its clients, which include Fortune 5000 companies in industries including entertainment, finance, and technology. metacloud openstack enterprise saas software cloud deployment' Opencloud is led by Sean Lynch. READ MORE>>.

Services 149