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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

Our defensible infrastructure comes from the fact that we now have huge volumes of customer storage earning the equivalent of SaaS revenue and any new entrant would have to invest in the fleet of cars, bins, drivers and warehouses that we now have not to mention 4.5 years of software development.

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Kareo Gets $29.5M For Cloud Medical Office Software

socalTECH

The surge in Southern California, cloud-based software investments continues today, as Irvine-based Kareo said this morning that it has raised $29.5M The company--which develops cloud-based, medical office software--said the funding was led by Greenspring Associates, and also included OpenView Ventures and Silicon Valley Bank.

Software 153
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Lettuce Adds New Invoicing Feature

socalTECH

Santa Monica-based Lettuce , the online order capture and accounting software developer for online businesses, has expanded its software, saying yesterday that it now supports invoices. lettuce online ecommerce saas order software invoice accounting' READ MORE>>.

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Toba Capital Backs Grow.com In $16M In Funding

socalTECH

Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot.

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Bonfire Backed Kittyhawk Finds New Funding

socalTECH

Kittyhawk , a drone software developer backed by Santa Monica-based Bonfire Ventures, has scored new funding from insurance company Travelers, the company said today. The startup, based in San Francisco, says it has now raised $9.5M

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ClickUp Connects With $100M

socalTECH

San Diego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total.

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Qualcomm Backs Ravello For Virtualization Software

socalTECH

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS). Ravello is based in Palo Alto. READ MORE>>.

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