socalTECH

JANUARY 26, 2021

Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. The company's founders are Mike Pallatta (CEO) and Andrew Rawson (Chief Learning Officer). The company's prior investor was Martinson Ventures.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

socalTECH

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced.

Equity 113

Equity Funding Technical Review San Diego 113

socalTECH

JANUARY 10, 2022

As part of the acquisition, mPulse Mobile said it has received a growth investment from growth equity firm PSG, along with existing investors Optum Ventures, OCA Ventures, HLM Venture Partners, Echo Health Ventures, SJF Ventures and Bonfire Ventures. Details of that funding were not announced by the company.

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Mobile Funding Equity Acquisition 113

socalTECH

NOVEMBER 19, 2021

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. Size of the funding was not announced. The company said it is focusing on acquiring brand-friendly digital video channels to scale and build their audiences.

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Funding Entertainment Acquisition Equity 100

socalTECH

OCTOBER 17, 2018

Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. The funding came from private equity investment provider LLR Partners. Size of the investment was not announced.

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Education Acquisition Invest Software 124

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. of the company for him. of the company for him. and we have 11.1%

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Equity CTO Hire Startup Examples 391

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. L Squared said the sale is the fourth exit from its 2014 vintage year fund, and its third exit from the education market.

Company 113

Company Companies Education Equity 113

Startup Professionals Musings

APRIL 17, 2023

Thus your startup maturity and growth stage is the primary key to success with potential funding sources. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Marty Zwilling

Funding 125

Funding Startup Ideas Equity 125

socalTECH

AUGUST 14, 2013

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. Transphorm said the funding came from existing investors, including an affiliate of Kohlberg Kravis Roberts & Co. and will continue the historical business of Transphorm. READ MORE>>.

Funding 113

Funding Equity Acquisition Sales 113

socalTECH

JANUARY 4, 2016

Irvine-based mobile accessory maker Incipio has scored an investment from private equity investor Goode Partners, the company announced this morning, via a minority investment. Incipio said it will use the new funding to further carry out its business, including identifying and executing future acquisitions of companies.

Equity 100

Equity Invest Acquisition Mobile 100

socalTECH

AUGUST 28, 2017

Los Angeles-based crowd funding site FlashFunders , which had focused on Reg A+, Reg D, and Reg CF equity crowdfunding, has been acquired by financial services company Boustead & Company Limited , the two said this morning. Financial details of the acquisition were not announced. READ MORE>>.

Company 100

Company Companies Equity Acquisition 100

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The company was founded in 2000. The size of the investment--described as "significant"--was not announced.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

APRIL 24, 2018

Lake Forest-based Netwatch said today that it has launched a new company, comprised of four visual monitoring companies in the video security area. The new company is backed by private equity funding from The Riverside Company. Financial details of the rollup were not announced. READ MORE>>.

Company 100

Company Companies Riverside Equity 100

socalTECH

DECEMBER 11, 2018

Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Cast & Crew previously was owned by private equity investor Silver Lake. EQT Partners said Cast & Crew was acquired by its EQT VIII fund.

Silver Lake 100

Silver Lake Equity Burbank Hollywood 100

socalTECH

JULY 25, 2018

San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. Financial details of the deal were not announced. READ MORE>>.

San Diego 100

San Diego Equity Capital Software Development 100

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. The Series G funding values ServiceTitan at $9.5

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. million in revenues.

Software 100

Software Capital Funding Equity 100

Startup Professionals Musings

JULY 16, 2023

None normally work for or provide funds for early-stage startups. As near as I can tell these are smaller ones, who don’t sell clothes, but typically sell companies and securities in a particular set of industries. Many investment banks even call themselves “boutiques.”

Funding 72

Funding Startup Invest Venture Capital 72

socalTECH

JANUARY 14, 2020

Carlsbad-based Medsphere Systems , a provider of healthcare information technology and software, has raised $40M in new funding from private equity investor TPG Sixth Street Partners, the company said this morning. As part of the funding, Lee Mooney, Principal at TPG Sixth Street Partners, will join Medsphere's board.

Software 100

Software Equity Acquisition Organization 100

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Financial details of that acquisition were not announced. Seismic has now raised $440M in total funding.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

SEPTEMBER 12, 2012

San Diego-based private equity firm TVC Capital , which is led by Jeb Spencer and Steven Hamerslag, has closed on a new, $75M growth equity and buyout fund, the firms said today. The new fund, TVC Capital II came from private equity fund of funds, institutional asset managers and family offices.

Capital 133

Capital Funding Equity San Diego 133

socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. As a part of Integrated Media, StackCommerce will join properties like Fandom and Goal.com.

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Media Commerce Company Companies 134

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. The acquisition comes just two months after a majority private equity funding which raised $160M for Kyriba, and which values the company at $1.2

San Diego 113

San Diego Acquisition Equity Software Development 113

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

socalTECH

MAY 27, 2021

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 which trades on the NASDAQ as PACX.

Equity 113

Equity Acquisition Invest Funding 113

socalTECH

JANUARY 28, 2021

Los Angeles-based electric vehicle developer Faraday Future is joining the rush to public markets through a Special Purpose Acquisition Company (SPAC), saying this morning that it plans to list on the NASDAQ through a merger with Property Solutions Acquisition Corp.

Acquisition 113

Acquisition Equity Los Angeles Invest 113

socalTECH

MAY 4, 2021

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The investment round firmly vaunts the company into unicorn territory. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

JANUARY 6, 2014

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.

Legalzoom 231

Legalzoom Glendale Equity Acquisition 231

socalTECH

JUNE 3, 2014

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company. READ MORE>>.

Internet Brands 208

Internet Brands El Segundo Equity Acquisition 208

socalTECH

NOVEMBER 28, 2017

Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners. Reliam was founded by Nate Johnson, who becomes President of the company. READ MORE>>.

Equity 153

Equity Web Los Angeles Organization 153

socalTECH

JULY 16, 2018

Financial details of the acquisition were not announced. SSP Innovation is backed by private equity investor Warren Equity. As part of the funding, Jason Linley, the owner and President of TC Technology, becomes Director of Mobile Product Management for SSP Innovations. READ MORE>>.

Technology 113

Technology Equity Mobile Acquisition 113

TechCrunch LA

MAY 25, 2019

Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone. Enter Seedlip , a non-alcoholic spirits company, for example. More Labs, for example, is backed with $8 million in VC funding. Beverages are being disrupted, there's no stopping it.

Startup 223

Startup Venture Capital Newsletter Tips 223