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SaaS Funding Targets Software Companies With New Santa Monica Office

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SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels.

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SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels.

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H Code Snags New Investment Round

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Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies.

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Sorenson Media's Csathy Departs To New Digital Media Effort From Manatt

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Peter Csathy , the CEO of San Diego''s Sorenson Media , and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. The new digital media venture from Manatt was created by Los Angeles partner T. READ MORE>>.

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Siemer & Associates Acquired By Chinese Investment Bank

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Santa Monica-based investment banking firm Siemer & Associates , which has focused on the technology and media sector, has been acquired by Chinese investor CEC Capital Group. CEC Capital Group (formerly known as Chine eCapital) says it focuses on tech, media, telecom, consumer, and healthcare investments.

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LionsGate Extends Into Video Games, Interactive Media

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Santa Monica-based movie and entertainment company Lionsgate said late Wednesday that it is expanding into a new line of business, and has launched a new, interactive and game arm. He also had been at Creative Artists Agency, Walt Disney, and Bellrock Media. READ MORE>>.

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Demand Media Invests In CoveritLive

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Santa Monica-based Demand Media , the social media firm headed by former MySpace Chairman Richard Rosenblatt, said this morning that it has made a minority investment in Toronto-based CoveritLive. Amount of the investment and other financial terms of the deal were not disclosed. READ MORE>>.

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