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FloQast Raises $110M

socalTECH

Los Angeles-based accounting software developer FloQast said this morning that it has raised $110M in its Series D funding round, with its latest valuation putting the company into unicorn territory, at $1.2

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Kutcher, Oseary Back Gigster Next To Michael Jordan

socalTECH

Ashton Kutcher and Guy Oseary 's Sound Ventures, which is based in Los Angeles, has made an investment in the Series B funding round for San Francisco-based software development provider Gigster , in a round that also included basketball legend Michael Jordan. READ MORE>>.

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Upfront Ventures Backs Tact In $15M Funding

socalTECH

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which helps salespeople automate data entry into their CRM systems.

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Gravity Acquired By AOL For $83M

socalTECH

Santa Monica-based Gravity , the real-time, personalization software developer led by Amit Kapur, has been acquired by AOL , in a deal worth $83M, plus $7.7M Gravity was venture backed by August Capital, Redpoint Ventures, and Upfront Ventures, and had raised around $20.6M in earnout. in total funding.

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Jaunt, USC Link On Virtual Reality Lab

socalTECH

Virtual reality hardware and software developer Jaunt --which is backed by The Walt Disney Company, Evolution Media Partners, China Media Capital, Highland Capital Partners, Google Ventures, Redpoint Ventures, Axel Springer, ProSiebenSat.1

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ServiceNow's Slootman Aligns With Pre-IPO Flash Storage Firm

socalTECH

Frank Slootman , the CEO of San Diego-based ServiceNow , headed up the software developer''s very successful IPO last year. Rowe Price, Fidelity, Tiger Global, and Sutter Hill, Greylock, Redpoint, and Index Ventures. That funding came from T. READ MORE>>.

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Lastline Names Two Executives

socalTECH

Security software developer Lastline announced this morning that it has named two new executives, to bolster its leadership team. Miller joins the company from Zscaler, where he had been Senior Vice President of North American Sales.