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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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MINDBODY Raises $35M

socalTECH

San Luis Obispo-based MINDBODY has raised a big, $35M venture capital round this morning, led by Institutional Venture Partners (IVP), along with Catalyst Investors (Catalyst) and Bessemer Venture Partners (BVP).

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17hats Finds $4M To Build Tools For Solo Entrepreneurs

socalTECH

Pasadena-based 17hats , a startup that develops business management software aimed specifically at solo entrepreneurs (solopreneurs), has raised $4M in a Series A funding. The funding was led by Wavemaer Partners, and also included Talmadge O'Neill and Harry Tsao of Mezi Media and Tamim Mourad of PriceGrabber. 17hats is led by Donovan Janus.

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MindBody Software Raises $9.0M More

socalTECH

Source of the new funding was not disclosed, however, the firm has previously raised capital from Bessemer Venture Partners, Catalyst Investors, Tech Coast Angels, Pasadena Angels, and Frontera Capital. The disclosure came via a regulatory filing from the firm. READ MORE>>.

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Interview with Jay Ackerman, Reveleer

socalTECH

Jay Ackerman: I have a tech background, and have worked at a number of software and SaaS companies, primarily in go-to-market. More recently, my position was Chief Revenue Officer for Guidance Software, a company which provided forensic and cybersecurity software in Pasadena.