PayEngine Picks Up $1.6M for SaaS Payments

socalTECH

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

socalTECH

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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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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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.

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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SaaS Is Dead, Long Live Software

InfoChachkie

It’s high time we kill the term Software As A Service (SaaS) and call it what it is – software. You’re not a SaaS company, you’re a software company. You’re not a SaaS investor, you’re a software investor. You’re not a SaaS entrepreneur, you’re a software entrepreneur. ASP To SaaS To Software. By the time we launched GoToMeeting, the term ASP had largely been replaced with Software as a Service (SaaS) and the software subscription model was firmly established.

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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

socalTECH

Tags: development saas software servoy

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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. 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

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. 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

socalTECH

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).

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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ChowNow Names IPO Investment Banker As CFO

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chownow executive credit suisse online ordering restaurant software saasLos Angeles-based ChowNow, which develops software to manage online ordering and marketing for restaurants, has named a new CFO. According to ChowNow, it has appointed Andre Mancl to the position of Chief Financial Officer. Mancl was previously an investment banker, having previously been at Credit Suisse, where he served as the Global co-head of Internet Investment Banking.

Dylish Targets Restaurants With Delivery, Take-Out System

socalTECH

dylish restaurant delivery takeout software saas ordering onlineA new, Los Angeles-based startup, Dylish, has launched a new online ordering platform to handle delivery and take out orders, the company said this morning. The company said its platform provides customized webpage, marketing materials, social media presence, customizable iOS and Android apps, QR codes, tablet and printer, and more. The company said it is offering up its software via monthly subscription, starting at $49.

APX Platform Scores Seed Funding

socalTECH

saas software funding seed aesthetics apxplatform platformBeverly Hills-based APX Platform, a developer of cloud-based software for the aesthetic industry, says it has raised what it calls an "oversubscribed seed round" for its company. Size of the seed funding was not announced. According to the company, it is developing a "disruptive alternative to the traditional option of a practice management consultant" for the aesthetic practice industry.

Omaze Takes $85M For Nonprofit Fundraising

socalTECH

cloud saas software pohlson matt capital venture fundraising nonprofit omazeCulver City-based Omaze, which operates an online platform to help nonprofits raise money, said last week that it raised $85M in a Series C funding round. The company is led by co-founder and CEO Matt Pohlson.

Vitalacy Aims Software At Hand Hygiene

socalTECH

vitalacy software hand hygiene saas wearables health healthcareIs there a way to use software to ensure your employees are properly washing their hands? A Los Angeles-based technology company, Vitalacy, says it has created a product which provides automated hand hygiene monitoring. The company is targeting health care, hospitality, food services, and other industries with its software; the company also said it provides contact tracing, nurse rounding compliance monitoring, and more.

ClickUp Connects With $100M

socalTECH

clickup remote work collaboration software venture capital georgian workplace saas cloudSan Diego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total. ClikUp offers up a range of corporate apps, including project management, chat, docs, time management, wikis, goal tracking, dashboards, and more.

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Locale puts $2M to work helping people discover local cuisine

TechCrunch

Apps eCommerce Enterprise Food Funding Fundings & Exits Recent Funding SaaS Startups TC Carley Phillips Chris Clark Decent Capital Esas Ventures food food delivery goodwater capital Jonathan Friedland Keyan Li Locale Los Angeles online food ordering San Francisco Tencent websites Y Combinator

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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.

WurkNow Gets $10M

socalTECH

wurknow digital staffing workforce management software venture capital newport hayseed saas cloudRiverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach.

FitOn pumps up its fitness platform with $18M in Delta-v Capital-led funding

TechCrunch

Apps Funding Fundings & Exits Health Recent Funding SaaS Startups TC alltrails crosscut ventures David Schaller Delta-v Capital fitbit fitness FitOn Lindsay Cook Los Angeles Maverick Ventures Russell Cook second avenue partners Telstra Ventures tonal

Corent Links Cloud Migration Tools To HPE GreenLake

socalTECH

corent cloud migration software saas enterprise greenlakeAliso Viejo-based cloud migration tools developer Corent Technology says it has linked its cloud migration tools to the HPE Greenlake Cloud Services ecosystem. According to Corent, its migration tools and technologies brings Microsoft Windows "Migration-as-a-Service" to the HPE ecosystem. Corent's tools are used to migrate Microsoft Windows software to "software-as-a-service" environments.

Central Desktop Gets $5.0M In Credit Line

socalTECH

line of credit from SaaS Capital, SaaS Capital said Thursday morning. Saas Capital provides alternative financing to SaaS businesses. central desktop saas cloud collaboration software venture capital lending credit Pasadena-based Central Desktop , which develops cloud-based collaboration software, has scored a $5.0M

AbacusNext Merges With Zola Suite

socalTECH

abacusnext zola suite legal accounting software merger acquisition saas cloudSan Diego-based legal and accounting software provider AbacusNext, and New York-based Zola Suite said last week that the two companies are combining. Financial terms of the merger were not announced. AbacusNext is led by CEO Scott Johnson, with Zola Suite founded and led by CEO Fred Cohen.

ClickUp Wins The San Diego Padres

socalTECH

clickup diego padres workplace productivity software cloud saasSan Diego-based workplace productivity software developer ClickUp reported this morning that it has been selected by the San Diego Padres, to power the team's IT operations. Financial details of the win were not announced. ClickUp is led by founder and CEO Zeb Evans. ClickUp said that the Padres will use its platform to organize, manage and track all team tasks, goals, docs, communications and more.

ServiceTitan Acquires Aspire, Raises $200M More

socalTECH

servicetitan merger acquisition aspire venture capital thoma bravo landscaping saas managementLos Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St. Louis, Missouri.

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GoDocs Finds Funding For Legal Document Prep

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godocs legal document preparation software venture capital private equity saas cloud automationIrvine-based GoDocs, a developer of legal document preparation software, said today that it has raised round of investment from private equity investor M33 Growth, and appointed a new CEO. Size of the investment round was not announced. According to the company, it has appointed Steve Butler as CEO of the company.

Phonexa Debuts New Products

socalTECH

phonexa software marketing click tracking saas cloudGlendale-based software company Phonexa said this morning that it has launched a new suite of software which provides click tracking, suppression list management, and cloud phone services. According to the company, the additional software complements its existing call tracking and distribution, lead tracking and distribution, email and SMS marketing, and automated accounting products.

Cyvatar Takes $9M In Series A For Cybersecurity Efforts

socalTECH

cyvatar venture capital cybersecurity software saas serviceIrvine-based Cyvatar, a startup which provides cybersecurity-as-a-service, has raised $9M as part of its Series A round, the company said this week. The company said the funding brings its total funding to $12M, all raised in the last eight months. The company said the funding was led by ATX Venture Partners, and also included CORTEC, one of its customers, and Bill Wood Ventures.