socalTECH

JUNE 20, 2016

Santa Monica-based private equity investor Clearlake Capital has acquired Vision Solutions , a developer of data protection, high availability, and cloud migration software. Financial details of the acquisition were not announced. Clearlake said it was advised by UBS Investment Bank, Evercore, and Foros in the deal.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

JUNE 20, 2013

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Inventus , a provider of electronic data discovery for global law firms. Clearlake said its investment group also included Cera Group, a private investment firm based in New York. Inventus is based in Chicago.

Capital 147

Capital Santa Monica Equity Acquisition 147

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. READ MORE>>.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

JULY 12, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings , to an affiliate of Getronics Group. Financial details of the acquisition were not announced. Clearlake has owned Pomeroy Group Holdings for the last five years.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

SEPTEMBER 10, 2013

Santa Monica-based private equity investor Clearlake Capital Group has acquired Futuris Automotive , an automotive supplier which designs, engineers and manufactures seating and interior systems. Financial details of the acquisition were not announced. billion in equity, and invests across a wide range of industries.

Capital 138

Capital Santa Monica Equity Acquisition 138

socalTECH

MAY 12, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it is acquiring Vision Solutions , a data protection, high availability, and cloud migration software. Financial details of the acquisition were not announced. Vision Solutions was owned by Thoma Bravo. READ MORE>>.

Capital 100

Capital Santa Monica Equity Acquisition 100

socalTECH

JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

socalTECH

NOVEMBER 18, 2015

Santa Monica-based private equity investor Clearlake Capital Group, L.P. Financial terms of the acquisition were not announced. Synsort said the "significant investment" from Synsort will help it with an aggressive growth strategy. READ MORE>>.

Capital 100

Capital Santa Monica IBM IBM 100

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. HandsOn3 said it invests in business process services, big data mining, and industrial services. Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

socalTECH

SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

APRIL 4, 2014

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

SEPTEMBER 24, 2012

Santa Monica-based private equity firm Clearlake Capital Group said today that it has acquired substantially all of the assets of Mformation Technologies , a developer of mobile device management software. Clearlake said the acquisition includes a "significant capital infusion" for the New Jersey company. READ MORE>>.

Mobile 140

Mobile Capital Santa Monica Acquisition 140

socalTECH

SEPTEMBER 23, 2020

Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. Seelaus & Co.,

Pricing 113

Pricing Silver Lake Santa Monica .Net 113

socalTECH

MARCH 12, 2018

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. Financial details of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

SEPTEMBER 7, 2011

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financng round included USAA, Capricorn Investment Group and GRP Partners, all existing investors in the firm.

Truecar 190

Truecar GRP Partners Santa Monica Pricing 190

socalTECH

AUGUST 8, 2010

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities.

Demand 184

Demand Media .Net Santa Monica 184

socalTECH

JANUARY 20, 2011

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, is expected to hit the public markets late next week, according to a report today from AllThingsD. The firm is venture backed by Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., and $16.00

Demand 150

Demand Media eHow Marketing 150

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media , the online publishing network run by Richard Rosenblatt, had a huge reception in the public markets Wednesday, closing up 32 percent in its initial public offering. Demand Media was venture backed by Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co.,

Demand 164

Demand Media Southern California Santa Monica 164

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 The firm's investors include Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co.,

Demand 162

Demand Pricing Cornerstone OnDemand Media 162

socalTECH

JANUARY 17, 2017

Santa Monica-based Tala , backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets. Shivani Siroya: I started out pretty traditionally in investment banking, doing equity research at UBS.

Startup 100

Startup Santa Monica Customer Custom 100

Tech Zulu Event

DECEMBER 30, 2011

24 7pm at Coloft in Santa Monica. Mike has over 18 years of strategic, operational and senior management experience in businesses ranging from early stage start-ups to private equity backed assets and from mid-stage business to large turn-around operations. OrangicStartup’s is a company that helps Internet startups start.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

socalTECH

APRIL 20, 2010

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. It's not meaningful for the venture industry as a whole, because if you're investing in Series B, C, or D round investments, these are not meaningful.

Clearstone 140

Clearstone Idealab Incubator Invest 140

Tech Zulu Event

SEPTEMBER 27, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. CallFire.com is a small company with fewer than 20 employees located in beautiful Santa Monica.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

SoCal Delicious

SEPTEMBER 19, 2012

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. is a good monthly investment? Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com.

Technical Review 75

Technical Review Entrepreneur Riot Games Southern California 75