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Assembly Gets Investment Round

socalTECH

Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. Financial terms of the investment were not announced. Assembly is led by co-founder and CEO Sandeep Kella.

Invest 113
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Assembly Joins Billion Dollar Unicorns After Strategic Investment

socalTECH

Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company did not say how much Advent International invested in the company.

Invest 113
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Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

socalTECH

Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. As expected, the company has not detailed any information on the new fund.

Invest 133
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K1 Investment Management Buys Digital Pharmacist

socalTECH

Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M.

Invest 113
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Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

TechCrunch LA

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. million in seed financing from some big names in the Los Angeles tech ecosystem. ”

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Assembly Acquires Pacvue

socalTECH

Los Angeles-based e-commerce software developer Assembly said this morning that it has acquired e-commerce advertising software developer Pacvue. Assembly says it is now worth more than $1 billion following its investment last month which was led by Advent International. Pacvue is based in Seattle.

Commerce 160
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Greycroft Leads New Investment In Performance Horizon

socalTECH

Venture investment firm Greycroft Ventures , which has an office and is very active in Los Angeles, has led the investment in Performance Horizon , a San Francisco digital marketing software developer. Performance Horizon develops digital marketing software which is used for partner and performance marketing.

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