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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Morgan Stanley & Co. Qatalyst Partners is acting as financial advisor to Signal Sciences, while Goodwin Procter was the company’s lawyer.

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Bitium Raises $2.4M

socalTECH

The new startup--founded by Scott Kriz and Erik Gustavson--said the funding was led by Mike Hirshland of Resolute VC, and also included Alex Bard (Desk.com), Michael Lazerow (Buddy Media), Hank Vigil (Microsoft), Rob Glaser (RealNetworks), Hiten Shah (KISSmetrics), Sean Ellis (Qualaroo), Double M Partners , Social Leverage , and Karlin Ventures.

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SaaS Funding Targets 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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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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RightSignature Takes VentureNet Prize

socalTECH

VentureNet, which is put on by the Technology Council of Southern California, included keynotes by Kelly Perdew of Rotohog and Zorik Gordon of ReachLocal, plus capital presentations from Cyber-Rain, FlipGloss Media, Viewdle, Social Approach, Ad.ly, Zadspace, RightSignature, Cogi, YouMail, ExpenseBay, AffordIt.com, SharesPost, and TrueCar.

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CrownPeak Takes On Social Media

socalTECH

Los Angeles-based CrownPeak has set its sights on the social media space, saying this morning that it has launched a new product which publishes content into social networking sites such as Twitter, LinkedIn, and Facebook. Tags: crownpeak social media publishing facebook software saas. READ MORE>>.

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CallFire Names CFO

socalTECH

Kidambi was most recently at Demand Media, where he had been serving as Vice President of Finance and Investor Relations. callfire text voice service saas communications executive' According to the company, it has named Tridivesh Kidambi as Chief Financial Officer. READ MORE>>.