Trending Sources

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.

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.

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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. This is where SaaS gets sexy.

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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.

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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.

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Ten of Southern California's Top Software Companies

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marketing, and not enough of the traditional, software-and-algorithm intensive startups you'd expect to see in Silicon Valley. The firm's software is now being. The company's software is being included in the Linux. technology computing algorithm saas software

BlackLine Software Prices IPO

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Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 saas software accounting acquisition merger blackline

Classy Captures $18M For Nonprofit Software

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San Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. salesforce cloud saas software fundraising nonprofit capital venture stayclassy classyThe funding came from Mithril Capital Management and Salesforce Ventures. Classy was founded in 2006 as StayClassy, and also counts Bullpen Capital and Venture51 as backers.

Qualcomm Backs Ravello For Virtualization Software

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San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS). software saas cloud amazon disk vmdk vmware investment capital venture qualcomm systems ravello

Anchore Gets $5M For Software Container Security

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Santa Barbara-based Anchore , which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. anchore venture capital container software security virtualization saas said ziouani ansible eucalpytusThe funding came from local angel Andreas von Blottnitz, along with Doug Carlisle of Menlo Ventures. Anchore is led by Said Ziouani, a veteran of Eucalyptus and Ansible.

Evisions Buys Education Software Firm

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Irvine-based Evisions , a developer of software for higher education institutions, said this morning that it has acquired Cayuse , a developer of web-based software for grant proposal development. cayuse evisions merger acquisition higher education grant saas softwareFinancial details of the deal were not announced. Cayuse, which is based in Beaverton, Oregon, will be combined with Evisions' Portland operations. READ MORE>>.

Procore Raises $50M More For Cloud Software

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Carpinteria-based construction software developer Procore , which is led by Tooey Cortemanche, announced late Thursday that it has raised $50M in a new funding, led by ICONIQ Capital. The company's cloud-based construction software is used to manage construction projects. management project growth software saas construction capital venture procore

ServiceTitan Scores $18M For Home Services Management Software

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Glendale-based ServiceTitan , a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. ServiceTitan, led by Ara Mahdessian, develops software used by home service companies inn the HVAC, plumbing, and electrical industries, who use the cloud-based software for managing their operations and computer service. servicetitan venture capital home services management cloud saas hvac operations

Quest Software Backs Middleware Developer

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Aliso Viejo-based Quest Software , the developer of enterprise software tools, has backed a maker of SOA middleware. According to WSO2 , a Silicon Valley-based developer of middleware software, it raised $6.5M WSO2 develops cloud-enabled middleware software used by enterprises. wso2 quest software venture capital strategic investment middleware service oriented architecture saas paas

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MindBody Software Raises $9.0M More

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San Luis Obispo-based MindBody Software , the developer of software for managing yoga, pilates, wellness community, and spa and retreats businesses, has raised nearly $9.0M mindbody software venture capital angel investment saas wellness yoga

Mavenlink Raises $39M From Goldman Sachs

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Irvine-based software developer Mavenlink announced this morning that it has raised $39M in a funding round from Goldman Sachs, as part of a Series D funding round. Mavenlink develops software used for work planning, managing projects, and financials, and working with and managing teams. sachs goldman saas management software work mavenlink

RightScale Launches Hybrid, Private Cloud Management Software

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The firm has linked with fellow Santa Barbara cloud computing firm Eucaalyptus, as well as private cloud provider Cloud.com to offer up the software. rightscale hybrid private cloud management software saas zynga eucalyptusSanta Barbara-based RightScale , the cloud computing firm backed by Tenaya Capital, DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures, said Tuesdya that it has launched a new product called RightScale myCloud.

Shopatron Updates Ecommerce Software

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San Luis Obispo-based Shopatron , which develops e-commerce software for retailers, said today that it has made a major upgrade to its software. shopatron ecommerce software saasThe firm said that Shopatron 3.0 provides an upgraded customer experience, targeted at increasing sales for its customers. Shopatron's customers include Callaway Golf, Suzuki, Polaroid, Mizuno, Ducati, JL Audio and Sport Chalet.

Impact Radius Gets $30M For Affiliate Marketing Software

SoCal Tech Calendar

Santa Barbara-based Impact Radius , which develops digital marketing and affiliate marketing software, has raised $30M in a funding round, according to the company. Impact Radius develops software which is used by brand and agencies to maximize their return on ad spend, and says its clients include Lenovo, Ticketmaster, Tommy Hilfiger, Getty Images, Shutterstock and Advance Auto Parts; the company says it already has more than 230 employees.

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.

SOA Software Launches New Product

socalTECH

Los Angeles-based enterprise software developer SOA Software has rolled out a new product this morning, focused on management of application programming interfaces (APIs). The company said it snew product, LIfecycle Manager for APIs, helps enterprises manage the development use of APIs, services, and software assets. According to the firm, the new software helps planning, designing, developing, operating, maintaining and retiring enterprise APIs.

CrowdStrike Raises $100M From Google, Others

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Irvine-based CrowdStrike , the developer of security software led by George Kurtz, said this morning that it has raised $100M in a Series C financing round, which was led by Google Capital, and also included Rackspace, Accel, and Warburg Pincus. The company develops endpoint protection software-as-a-service, which is used to protect computers against cyber attacks. The company says it has now raised $156M in funding for its software.

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

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Ashton Kutcher and his Los Angeles-based venture firm, Sound Ventures , are one of the backers of a new startup which says it can offer up on-demand, software development and design services. saas celebrity kutcher ashton design development software ondemand capital venture gigster

BlackLine Soars In IPO Debut

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Woodland Hills-based BlackLine Software , the developer of accounting close software, soared in its IPO debut on Friday, and was trading up more than 45 percent in morning trading on the NASDAQ Global Select Market. blackline systems merger acquisition finance accounting software saas close financial fintech

Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

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A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? It's software-as-a-service based, and we have organizations worldwide, from very small companies, to 100 employees and up, to Fortune 500 companies, across a wide variety of industries.

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Monet Software Gets Debt Financing

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Los Angeles-based Monet Software , a developer of workforce management software for managing call centers, has raised a round of debt financing. According to Agility Capital, the debt facility will go towards working capital at Monet Software. Monet's products are available as a software-as-a-service offering, and is used to schedule personnel in call centers. monet software venture capital debt financing workforce management saas call center

CrownPeak Rolls Out Major CMS Software Upgrade

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Los Angeles-based CrownPeak , the developer of software-as-a-service, web content management tools headed by Jim Howard, said today that it has rolled out a major upgrade to its platform. crownpeak saas content management tool softwareThe firm said it spent nine months on a re-architecture and phased rollout of the platform, with new features such as availability of a REST API, a new C# API, connections into Microsoft Sharepoint, and more.

LiveTime Software Gets Debt Funding

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Newport Beach-based LiveTime Software , a provider of Web 2.0 service desk software, has raised a round of debt funding, according to funding provider Agility Capital. LiveTime provides ITIL service management and help desk software via software-as-a-service. livetime software venture capital debt funding saas service deskFinancial details of the debt funding were not disclosed. According to Agility, LiveTime will use the funding to support its growth.

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. Featuring panelists from SOA Software , Edgecast and Bitium , we’ll discuss: Top priorities and challenges for today’s CIO. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise.

Bitium Raises $2.4M

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Bitium said it is developing a Software-as-a-Service (SaaS) operating system, offering up everything from authentication and authorization of cloud-based software to features like consolidated messaging for apps. Kriz was formerly VP of Product at Fastpoint Games, and also was involved in software consultancy 5Desks and cloud DevOps firm One Cloud Systems. Gustavson was similarly involved at 5 Desks, One Cloud, Fastpoint, and SOA Software.

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

Servoy Upgrades SaaS Software

socalTECH

Thousand Oaks-based Servoy , a developer of software for developing software-as-a-service applications, said Monday that it has upgraded its namesake platform. According to the company, the upgraded software includes updates such as real-time clustering, drag-and-drop support, and ability to run applications either as software-as-a-service or through on-premise deployment. Tags: development saas software servoy

Interview: Mark Faggiano On TaxJar's Sales Tax Savvy Software

socalTECH

So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software.

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

Kareo Raises $10M For Medical Billing Software

socalTECH

Irvine-based Kareo , a developer of cloud-based practice management and medical billing software, announced today that it has raised $10M in an equity investment round. Kareo, which was founded by Dan Rodrigues, offers up a software-as-a-service offering aimed at physicians in small practices, and which helps them manage their practice and collect payments from insurance companies and patients.

SaaS/Software Revenue Workshop

SoCal Tech Calendar

Thursday, June 17, 2010 -- SaaS/Software Revenue Workshop. 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. SDSIC. 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.

Nimble Links Contact Records, Web Pages

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Nimble , the developer of web-based, contact management software, said Thursday that it has enhanced its software to allow users to link any web page to contact records in the product. Nimble--which is led by CRM software vet Jon Ferrara--said that the new enhancements lets users pull in external data, such as maps, invoices, news, and much more. The firm has been looking to bring contact management into the web-based, social age with its software.

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MediaPlatform Picks Up $12M

socalTECH

Los Angeles-based MediaPlatform , a startup developing enterprise video and webcasting software aimed at corporate customers, has raised $12M in a growth equity funding. training software saas enterprise corporate webcast streaming stream video capital venture mediaplatformThe funding was led by TVC Capital, and also included Barshop Ventures and the company's CEO.

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

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ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. servicenow venture capital investment finance startup entrepreneur group software saas services management

Procore Technologies Wins Big Construction Client

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Carpinteria-based Procore Technlogies , which develops cloud-based, construction management software, said it has signed its largest deal to date, with construction company Mortenson Construction. procore technologies construction cloud software saas mortensonFinancial impact of the win was not disclosed.