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Central Desktop Gets $5.0M In Credit Line

socalTECH

Pasadena-based Central Desktop , which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. Saas Capital provides alternative financing to SaaS businesses. Central Desktop is led by Isaac Garcia. READ MORE>>.

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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital. The funding had originally been uncovered by socalTECH this morning, via a regulatory filing. Tags: mindbody software saas venture capital. READ MORE>>.

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OptionEase Acquired By Solium Capital

socalTECH

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance.

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MINDBODY Signs Customers For Booking Technology

socalTECH

MINDBODY is venture backed by Frontera Capital, the Pasadena Angels, and the Tech Coast Angels. Tags: mindbody software yoga salon health fitness appointment classes saas. READ MORE>>.

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Mindbody Raises $11M

socalTECH

Source of the funding was not announced, however, the firm has previously raised funding from Catalyst Investors, Frontera Capital, the Pasadena Angels, and the Tech Coast Angels. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody. READ MORE>>.

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Vertical Management Systems Acquired By NewSpring Holdings

socalTECH

Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. VMS was advised by Broadhaven Capital partners and Kunzler Law Group; NewSpring Holdings was advised by Blank Rome LLP.

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XCast Labs Adds Videomail Support For Blackberry

socalTECH

XCast, which is venture backed by Siemer and Associates, Frontera Capital and the Pasadena Angels, said the addition of its video mail service allows users of Blackberry Curve, Pearl, or Storm devices to receive video messages by automatically providing the correct video messaging format depending on device model and firmware of Blackberry.

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