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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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Staff Ranker: Helping Hospitality Businesses Better Manage Workers

socalTECH

We use a SaaS model, and we work with hospitality companies, such as hotels, restaurants, food service, and we help track employee performance in real time. Talk about your funding? George Collado: We worked with the Pasadena Angels, Tech Coast Angels, and Siemer Ventures, and in January we raised a $300,000 seed round.

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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. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance.

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LeisureLink Raises $3.5M

socalTECH

Pasadena-based LeisureLink , which operates an online marketplace and service for vacation rental booking, has raised $3.5M in a funding round. The round came to light through last week's PricewaterhouseCoopers/NVCA MoneyTree report. Details on the funding have not been announced by the firm. READ MORE>>.

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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the Pasadena Angels. READ MORE>>.

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Want to Get Rich? Listen to Your Customers Like These Founders……

Steve Reich

Originally funded by the Pasadena Angels , the Company is now backed by “A” list VCs, and growing phenomenally, with tens of thousands of customers. I should add that Rick is hardly a starry-eyed devotee of customer service. Shortly after the call, I turned down a very generous offer to by my MBO stock.