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QLess Acquired By Private Equity Investor

socalTECH

Pasadena-based QLess, which develops software for managing virtual customer waiting lines, said on Tuesday evening that it has been acquired by Palisades Growth Capital, along with a syndicate of un-identified family offices. Financial terms of the acquisition were not announced.

Equity 140
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MobLab Finds Funding For Personalized Learning

socalTECH

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital.

Funding 100
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QLess Raises $5.5M In New Funding

socalTECH

Pasadena-based QLess , which develops software to help eliminate lines for businesses, has raised $5.5M in a private equity funding, the company said today. The company said its software is now deployed in more than 1,000 locations. READ MORE>>.

Funding 100
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OptionEase Acquired By Solium Capital

socalTECH

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. READ MORE>>.

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OptionEase In Strategic Partnership

socalTECH

Mission Viejo-based OptionEase , the developer of stock option tracking and accounting software-as-a-service, reported Wednesday that it has inked a strategic alliance with a provider of equity compensation plans administation, AST Equity Plan Solutions. Financial impact of the deal were not disclosed.

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MindBody Raises $50M

socalTECH

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

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LeisureLink Shuts Down All Operations

socalTECH

LeisureLink , the developer of vacation rental booking software which was started in Pasadena, has shut down all of its operations, and laid off all of its staff.

Pasadena 100