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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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 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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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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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

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

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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).

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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AbacusNext Merges With Zola Suite

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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.

ServiceTitan Acquires Aspire, Raises $200M More

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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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ClickUp Connects With $100M

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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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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

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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.

Clearlake Capital Buys Confluence Technologies

socalTECH

confluence technologies clearlake private equity investment software fintech automation saas cloudSanta Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Restaurant365 Acquires Compeat

socalTECH

restauran365 compeat merger acquisition restaurant management software saasIrvine-based Restaurant365, which develops restaurant management software, has acquired Compeat, a developer of restaurant back office, workforce, and business intelligence esoftware. Financial details of the acquisition were not announced. Compeat was based in Austin, Texas. According to Compeat, the newly combined business will be led by Tony Smith, CEO of Restaurant365.

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HCAP Partners Backs TCS Healthcare Technologies In Acquisition Deal

socalTECH

saas compliance software equity private acquisition merger partners hcap technologies healthcareSan Diego-based private equity investor HCAP Partners announced today that it has provided a follow-on investment in TCS Healthcare Technologies, a provider of managed care softare, as part of an acquisition effort by TCS. According to HCAP Partners, the investment went to support the acquisition of DataSmart Solutions, LLC, a predictive risk analytics software company.

Evite Names Two Execs

socalTECH

evite exeutive james david grant invitations saas cloudLos Angeles-based Evite has named two executives, saying today that it has named James Woo as President and David Grant as Vice President of Product. Woo previously served at such companies at Next Generation Esports, where he served as President and CEO, as wlel as Nomad Financial, and Marsh McLennan. Grant previously was Senior Director of Product at Activision Blizzard Media, and also served at Study.com and Dynamic Signal.

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Emerged Gets Seed Funding Round

socalTECH

emerged venture capital leads healthcare software saas salesSan Diego-based Emerged, a new startup which provides qualified leads to healthcare organizations, says it has raised a seed round of funding. The funding came from Round One Capital. Size of the investment was not announced. According to Emerged, Jay Love, the co-founder of Round One Capital, will join its board of directors. Emerged said the new funding will go to scale its software platform and for sales and marketing.

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.

FastSpring Expands Platform

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fastspring ecommerce software saas paymentSanta Barbara-based software developer FastSpring--best known for its e-commerce software tools--says it is expanding its offerings, and will offer up support to B2B, software-as-a-service and downloadable software companies with sales team.

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.

Endgame Lands $17M For Sales Software

socalTECH

endgame sales software venture capital saas cloud data upfrontLos Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The funding was split between a $12.25M, Series A funding round led by Menlo Ventures, and an earlier $5M Series Seed funding which was led by Upfront Ventures.

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Tapcart Takes $50M For Mobile Commerce

socalTECH

tapcart venture capital ecommerce shopify mobile software saasSanta Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon. According to Tapcart, the funding was led by Left Lane Capital, and also included Shopify, SignalFire, Greycroft, Act One Ventures, and Amplify LA.

Drata Takes $25M For Security, Compliance Software

socalTECH

drata security automation compliance software venture capital saas cloud enterpriseSan Diego-based Drata, a startup working on security and compliance automation software, said it has raised $25M in its Series A funding. The funding was led by GGV Capital, and also included Okta Ventures, Silicon Valley CISO Investors (SVCI), Cowboy Ventures, and Leaders Fund. The company's founders are Troy Markowitz, Adam Markowitz, and Daniel Marashlian.

Yardi Launches Product In The UK

socalTECH

yardi software saas breeze property management cloudSanta Barbara-based property management software developer Yardi says it has launched a new product in the United Kingdom. According to Yardi, it has launched Yardi Breeze Premier for the UK property market, providing property management and accounting to small and medium-sized real estate landlords and property agencies.

MomentFeed Acquired By Uberall

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services location saas software milestone bregal acquisition merger uberall momentfeedLos Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software. Financial details of the acquisition of MomentFeed were not announced.

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Well Health Offers Up COVID Vaccination Scheduling

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well health covid vaccine vaccination scheduling patient saas cloudSanta Barbara-based patient communications and digital health provider Well Health said this morning that it has added new COVID vaccination self-scheduling capabilities in its app. The company said the new features are through third party partnerships. WELL Healths ays it so far has helped its providers 4 million COVID vaccine-related messages and more than 1 million COVID vaccine appointments.