The on-demand market is quickly expanding. Most recently, SAM client, HelloTech, a Los Angeles-based IT Company has joined the movement. The company today announced $2.5 million in seed funding from a Upfront Ventures, Accel Partners*, Crosscut Ventures, Amplify.LA, Ron Burkle, and other angels, as well as plans to launch its alpha service in West-LA in April. The company was founded by Richard Wolpert, a former Apple, Disney, and RealNetworks executive, co-founder of the Amplify.la accelerator, and a venture-partner at Accel.
Stubbs Alderton & Markiles, LLP attorney Scott Alderton represented HelloTech in the transaction.
To view the PandoDaily article regarding the transaction, click here.
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