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FastSpring Acquired By Accel-KKR

socalTECH

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

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Xirrus Acquired By Riverbed

socalTECH

The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005.

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With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

The firm’s portfolio includes Detroit’s direct-to-consumer plant startup Bloomscape , Chicago-based Paro , which provides a network of on-demand finance professionals, DC’s custom framing business Framebridge , Milwaukee-based monthly wine club Bright Cellars and New York insurtech company Policygenius.

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Interview with Jerry Fitch, Teridian Semiconductor

socalTECH

We had a chance to speak with Jerry Fitch , CEO of the firm, about the interest in the electric/smart metering market, his views on where the market is today, as well as a bit about the experience of operating as a private equity backed firm. Jerry Fitch: The business management team at Golden Gate Capital bought Teridian in 2005.

Equity 124
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What Everyone Should Take Away from Twitter’s 8% Staff Reductions

Both Sides of the Table

The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005.

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Protect Your Parents from Avis Budget: Direct Marketing Scumbags

Both Sides of the Table

Trilegiant Corporation , (who is owned by Avis Budget Group (yes, that Avis & Budget), in turn owned by the private equity group Apollo Management ) does business as PrivacyGuard and has engaged in the most unethical of business practices I have come across in years. Or again here in Consumer Affairs dating back to 2005.

Marketing 263
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Boomers are Looking for Another Bite at the Apple

Startup Professionals Musings

of startup businesses as far back as 2005. How can you beat finding someone who has been there and done that, able to mentor Gen-Y, has lots of connections to people in your industry, and is often willing to work for equity alone? Customer Service. News & World Report , people over 40 were key players in 86.6%

Mentor 75