Obsidian Security Adds $90M For SaaS Security Efforts

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cybersecurity capital venture saas security obsidianNewport Beach-based Obsidian Security, a developer of software-as-a-service security tools, has raised $90M in its Series C funding round. The funding was led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV. As part of the funding, Obsidian said it has added Venky Ganesan to its board of directors. The company says it has now raised $119.5M in total financing.

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PayEngine Picks Up $1.6M for SaaS Payments

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payengine venture capital startup saas seed funding financingLos Angeles-based PayEngine, a startup developing a white label, payment platform for software-as-a-service companies, has raised $1.6M in a seed funding, the company said this morning. The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company. Spartak Buniatyan is founder and CEO of PayEngine.

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Pipe Picks Up $60M For SaaS Financing

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pipe saas financing venture capital fintech softwareLos Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday.

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Pipe Picks Up $6M For SaaS Financing

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pipe venture capital saas financing fintech subscription paypal david sacks craftA new, Los Angeles-based fintech startup, Pipe , said this morning that it has raised $6M in its seed funding round, to launch a new platform which offers up financing to subscription-based, software-as-a-service companies. The funding was led by Craft Ventures, and also included Fika Ventures, MaC Ventures, Naval Ravikant, WorkLife Ventures, Liquid2 and The Weekend Fund.

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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.

Why SaaS is Exploding: A whitepaper

Technology Council

Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. IDC predicts SaaS growth at 25.3% Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only [.]. saas cloud cloud strategies Dave Key report SaaS software

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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 billion?

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Why SaaS is Exploding: A whitepaper

Technology Council

Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. IDC predicts SaaS growth at 25.3% Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only […]. saas cloud cloud strategies Dave Key report SaaS software

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SaaS Funding Targest 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. SaaS Funding's Santa Monica office is led by Charlie Perer. saas funding santa monica debt financing finance venture capital software investment

Corent Technologies Finds $3.0M For SaaS Enablement

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corent saas software enterprise enable microsoft Aliso Viejo-based Corent Technologies , the developer of software which helps turn corporate applications into software-as-a-service, has raised another $3.0M in funding, according to a regulatory filing from the firm Wednesday. Details on the funding have not yet been announced by the company.

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Servoy Upgrades SaaS Software

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Tags: development saas software servoy

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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. SaaS Funding's Santa Monica office is led by Charlie Perer. saas funding santa monica debt financing finance venture capital software investment

3 Reasons SaaS Savvy Entrepreneurs Don’t Build Their Own Portals

InfoChachkie

Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. SaaS-based companies grow - The SaaS market is growing 3x faster than the software market (20% vs. 7%), and this rate is expected to continue through 2020. This is where SaaS gets sexy.

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SaaS Subcriptions Are Great – TranSaaSional Pricing Is Better

InfoChachkie

Software as a service (SaaS) is a popular business model because it facilitates the delivery of incremental value to customers, while allowing the vendor to adjust their prices over time. A hybrid of the SaaS model is emerging. It combines transaction pricing with a standard SaaS subscription price. In addition to a SaaS subscription fee, Vitrue and Sideqik both base their pricing on the size of the digital audiences served by their respective solutions.

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Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. At approximately $600 million in recurring, annual revenue, the new GoTo Company will rank as one of the largest pure SaaS companies on the planet. Although there are a handful of successful SaaS vendors within the leading affiliate marketplaces, most of the traffic is now comprised of low-quality, coupon seekers of consumer products.

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SaaS/Software Revenue Workshop

SoCal Tech Calendar

Thursday, June 17, 2010 -- SaaS/Software Revenue Workshop. SDSIC. If you are a Software, Cloud-Computing or technology company and want to grow your revenue predictably and profitably, you should attend our 5 hour Revenue Acceleration Workshop. This Workshop is designed for executives who are looking for a proven and capital efficient way to consistently grow their revenue without costly marketing and sales experimentation.

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Corent Boosts Funding For SaaS Tools

socalTECH

Corent CEO Feyzi Fatehi confirmed the round, saying that the firm is seeing lots of traction from firms looking to "SaaS"-ify their software. corent saas software service venture capitalAliso Viejo-based Corent , which develops software tools to more easily port traditional software to the software-as-a-service model, has raised $3.2M in a funding round.

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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? Corent Technology, the emerging leader in Software to SaaS transformation is offering a complimentary and informative breakfast session hosted by IBM at IBM La Jolla office on Nov.

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Parallax Capital Partners Buys SaaS Firm Daptiv

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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. Parallax said that Daptiv operates a profitable business with recurring revenues of nearly $20M.

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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? Corent Technology, the emerging leader in Software to SaaS transformation is offering a complimentary and informative breakfast session hosted by IBM at IBM La Jolla office on Nov.

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What SAAS Companies Need to Know About Network Management?

Tech Zulu Event

We’ve even created an acronym for these kinds of services: software as a service (SAAS). The software itself is hosted by a third party, SAAS service provider, which is responsible for maintaining software or hardware associated with the application. Overall, there are three main players in the SAAS network: the service provider, the software developer and end-customers using the software. Collaboration among these parties often exposes SAAS networks to greater risks.

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Four Innovative SaaS To Get Excited About

Tech Zulu Event

SaaS – or Software as a Service – platforms are all the rage. Essentially a business model where software is licensed and distributed from a central location, SaaS companies can now be found in telecoms, human resources, and more. Founded by Amit Rathmore in California, Quintype delivers modern-day media operations via this cloud-based SaaS service. RelinkLabs is a pioneering HR SaaS tool based in Scandinavia.

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Events.com Launches Event Planning Tools

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events event planning software saas cloudSan Diego-based.

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Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT

Tech Zulu Event

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise. The post Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT appeared first on TechZulu.

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Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity

SoCal Tech Calendar

Wednesday, May 19, 2010 -- Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity. software as a service", "SaaS" or "on-demand") is a popular way to access, use and pay for business support software and provides a viable business model in this emerging field of cloud computing. MIT Enterprise Forum of the Central Coast. Cloud computing is estimated to be a $160 billion market opportunity by 2011 (Merrill Lynch).

Mavenlink, Kimble Applications Become Kantata

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According to the company, the company will "accelerate the development and delivery of the most comprehensive range of vertical SaaS solutions purpose-built to help professional services organizations optimize and elevate operational performance to build thriving businesses." kantata mavenlink kimble merger acquisition saas professional services

CallFire Extends Its Leadership in Cloud Telephony With Launch of Next-Gen SaaS Communications Platform

Tech Zulu Event

Built from the ground up using technologies leveraged by Internet giants like Facebook, and the feedback of hundreds of customers over a five-year period, the new CallFire is a cross-datacenter SaaS platform with no single point of failure. The post CallFire Extends Its Leadership in Cloud Telephony With Launch of Next-Gen SaaS Communications Platform appeared first on TechZulu. Apps & Software Government Marketing analytics CallFire communication Dinesh Ravishanker Saas

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Performio Names CRO, CTO

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performio neil graham dmitri korablev software sales saasIrvine-based sales commission software developer Performio has named Neil Graham as its new Chief Revenue Officer, and Dmitri Korablev as its new Chief Technology Officer, the company said this week. Graham previously served at Salesforce.com, Tealium, PayIt, and Jive, and also has served at Oracle. Korablev was most recently VP of Engineering at Datometry, and also served at GE Digital, Deem, and Informatica.

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Slingshot Aerospace Wins $25.2M From U.S. Space Force

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slingshot aerospace space simulation collision avoidance software saas spaceflight usspaceforce ussf defense military spacewerxEl Segundo- and Austin-based Slingshot Aerospace has scored a $25.2M contract from the U.S. Space Force, the company said this week, to develop a new space training product called Digital Space Twin. According to the company, it will develop a government version of the product for space wargaming and other missions gritical to national security.

DISQO Acquires Feedback Loop

socalTECH

disqo feedback loop merger acquisition product marketing software saas cloudLos Angeles-based DISQO said it has acquired Feedback Loop, which develops software for collecting customer feedback for product and marketing professionals. Financial details of the acquisition were not announced. According to DISQO, the acquisition will add approximately 50 new team members to the company, bringing its total headcount to more than 500 people.

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Classy: More Than $1.1 Billion Raised For Nonprofits

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classy nonprofit charity fundraising software saas cloudSan Diego-based nonprofit fundraising software developer Classy says that more than $1.1 billion was raised by its nonprofit customers on its platform in 2021. The company--which helps nonprofits reach out to donors--said about $30.8 million of that was in recurring donations on its platform.

BlackLine Gets Seal of Approval

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blackline seal approval cloud software fintech financial accounting saasLos Angeles-based accounting automation software developer BlackLine says it has receive the Controllers Council Seal of Approval for Financial Operations Management, from a group that includes a community of over 90,000 controllers, CFOs and other corporate finance professionals.

Classy Launches New Product Enhancements

socalTECH

classy nonprofit charity fundraising software saas cloudSan Diego-based Classy, which develops software to help nonprofits connect with supporters, says it has launched a number of new product enhancements. The company said it has integrated its payment option, Classy Pay, with Venmo, in addition to current support for PayPal, credit card, ACH bank transfer, and digital wallets; added modal checkouts; campaign templates; Google Analytics, and more.

Tealium Bolsters Board

socalTECH

tealium executive tonya bradford management software saasSan Diego-based tag management software developer Tealium said today that it has added a new board member to its board of directors. The company said that it has added Tonya Bradford, Associate Professor, Marketing and Inclusive Excellence Term Chair Professor at the University of California Irvine's Paul Merage School of Business, to its board. Bradford has 15 years of teaching experience, and has a Ph.D.

March Capital Backs Gr4vy

socalTECH

march capital gr4vy venture funding cloud saas payment fintechSanta Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures. March Capital's investment was led by Solomon Hailu. Gr4vy said it has raised a total of $27.2M so far.

ServiceTitan Expands Into Construction Market

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servicetitan construction software cloud saas expansionLos Angeles-based cloud-based software developer ServiceTitan said this week that it is expanding into the construction market, adding a number of capabilities focused on helping trades-focused subcontractors integrate construction projects. ServiceTitan said the expansion comes on top of recent expansion also into the landscaping and pest control industry.

OpenGate Capital Invests In Annex Cloud

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opengate capital private equity strategic annex cloud saas customer retention loyaltyLos Angeles-based private equity investor OpenGate Capital said on Tuesday that it is making a strategic investment in Annex Cloud, a developer of software-as-a-service used for customer retention and loyalty management. Financial details of that strategic investment were not announced. OpenGate Capital said that the founder of CEO of Annex Cloud, Mr. Al Lalani, will continue to lead the company.

DoubleCheck Solutions In Credit Union Reseller Deal

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doublecheck solutions credit union overdraft software saas cloudLos Angeles-based fintech company DoubleCheck Solutions, which provides overdraft and non-sufficient funds (NSF) software, says it has inked a strategic reseller agreement with a company focused on credit unions. According to the company, it has partnered with Vizo Financial Corporate Credit Union to provide member credit unions with a new service enabling members to manage their NSF transactions before any payments bounce.

Ten of Southern California's Top Software Companies

socalTECH

technology computing algorithm saas softwareSouthern California is often criticized for having too many startups which only revolve around brand, celebrity, ecommerce, and. marketing, and not enough of the traditional, software-and-algorithm intensive startups you'd expect to see in Silicon Valley. However, that's not always the case.

Endgame Gets $30M

socalTECH

endgame software saas customer behavior ventures upfront venture capitalLos Angeles-based Endgame, which says it is developing software to help software-as-a-service companies understand customer behavior, has raised $30M in a Series B funding round. According to the company, the funding was led by EQT Ventures, and also included Upfront Ventures, Menlo Ventures, and Unusual Ventures. As part of the funding, Laura Yao of EQT Ventures has joined the company's board as an observer.

TigerConnect Expands Healthcare Scheduling Capabilities

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tigerconnect healthcare scheduling health software saas resident hospitalSanta Monica-based TigerConnect has expanded the capabilities of its platform, saying today that it has added new capabilities that allow its users to manage Resident scheduling through the software-as-a-service platform. The company said it has launched TigerConnect Resident Scheduling, which simplifies the complex task of creating reent schedules.

BlackLine Acquires FourQ Systems

socalTECH

blackline fourq systems merger acquisition software saas accounting cloud internationalLos Angeles-based accounting automation software developer BlackLine said on Thursday that it has acquired FourQ Systems, a developer of financial management software. According to BlackLine, it paid $165M at close, plus earnout of over $75M over the next three years subject to certain financial performance milestones.

Restaurant365 Says Restaurants Seeing Rebound

socalTECH

restaurant365 restaurant sales software saas cloud pandemicIrvine-based restaurant management platform says that it is seeing a rebound in sales for its customers, as the COVID-19 pandemic goes into its third year. The company says that, for the average restaurant on its platform, food sales are about 7% higher than they were in 2019 and 34% higher than 2021, although it did cite issues with labor shortages and rising food costs.