SaaS

The latest news about software-as-a-service startups in Southern California from dot.LA

Meet Gary Benitt, managing partner at Social Leverage — a venture capital firm that invests in startups ranging from fintech to SaaS.

On this episode of LA Venture, Benitt discusses his role at Social Leverage, the fund's investments in Robinhood and Rally Road, and his approach of investing early and leaning in.

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Most hotels still make you wait at the front desk to check in, receive your key card and confirm your payment by verifying with an ID. Los Angeles-based hospitality startup Jurny wants to make that process faster and easier -- for both the traveler and hotel .

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It seems like every week there's some new high profile data breach. Credit card numbers, addresses, nude photos, Democratic National Committee emails—you name it, hackers have stolen it.

Amit Saha, the CEO of Saviynt Inc, the El Segundo-based security vendor, said the problem has only gotten worse during the pandemic, with so many people working from home and using their personal computers to access corporate networks.

For Saha and his company's 750 employees, that's created a lot of work—and an opportunity. Saviynt announced Monday that they've secured $130 million in capital financing from HPS Investment Partners and PNC Bank to expand their cybersecurity SaaS technology. It's a big bet that the pandemic-fueled demand can help them build a more global company.

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