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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 Rowe Price, Dragoneer Investment Group, and ICONIQ Growth. The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management.

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Turn Your Software App into SaaS in Days

SoCal Tech Calendar

Wednesday, November 7, 2012 -- Turn Your Software App into SaaS in Days! How do you turn your software application into a fully operational, Software-as-a-Service (SaaS), without investing a lot of time, programming resources, and money into the effort? 1 and IBM Glendale office Nov 7, both from 8:30-10:00.

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Turn Your Software App into SaaS in Days

SoCal Tech Calendar

Thursday, November 1, 2012 -- Turn Your Software App into SaaS in Days! How do you turn your software application into a fully operational, Software-as-a-Service (SaaS), without investing a lot of time, programming resources, and money into the effort? 1 and IBM Glendale office Nov 7, both from 8:30-10:00.

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CapLinked Adds $1M, New Investors In Funding Round

socalTECH

Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. CapLinked develops an online, cloud-based platform used to manage due diligence and deal documents, and which competes against deal room management software.

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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.

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Parallax Capital Partners Buys SaaS Firm Daptiv

socalTECH

Laguna Hills-based Parallax Capital Partners , an investment group which acquires and operates software companies, said today that it has acquired Seattle-based Daptiv , a provider of online software-as-a-service for project and portfolio management. Financial terms of the acquisition were not announced.

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AutoVitals Gets Private Equity Investment

socalTECH

Goleta-based AutoVitals , which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners.

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