socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago.

Capital 100

Capital Equity Los Angeles Design 100

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. IQMS said it will use the investment for sales, marketing, and product development. READ MORE>>.

Equity 138

Equity Funding Invest Software 138

socalTECH

FEBRUARY 19, 2014

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

FEBRUARY 23, 2017

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

NOVEMBER 10, 2020

Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP.

Software 124

Software Sales Southern California Equity 124

socalTECH

APRIL 25, 2018

JMI Equity , the private equity firm which has one of its main offices in La Jolla, is the lead investor in a round for Phoenix, Arizona-based CampusLogic. CampusLogic said it will use the new investment for product development, customer success, and sales and marketing. READ MORE>>.

Equity 100

Equity Funding Tool Sales 100

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital acquired NetMotion Wireless back in 2012. READ MORE>>.

Capital 100

Capital Santa Monica Mobile Equity 100

socalTECH

MARCH 8, 2016

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. READ MORE>>.

Capital 100

Capital San Diego Equity Software 100

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M

Capital 157

Capital San Diego Equity Software 157

socalTECH

JANUARY 6, 2014

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. clearlake capital merger acuqisition tolt kyrus solutions retail management' READ MORE>>.

Capital 138

Capital Services Outsource Development Santa Monica 138

socalTECH

SEPTEMBER 25, 2018

Irvine-based Cirrus Insight , a developer of software used to help sales people with managing their email inbox and calendar, has received what it says is a "significant" growth equity investment. The funding came from private equity investor Clovis Point Capital. Size of the funding was not announced.

Funding 113

Funding Email Equity Sales 113

socalTECH

JULY 1, 2020

Los Angeles-based Scalefast , a developer of direct-to-consumer, e-commerce software, has raised $22M in a Series B funding round. The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. The company is led by CEO Nicolas Stehle. READ MORE>>.

Tool 124

Tool Commerce Equity Los Angeles 124

socalTECH

SEPTEMBER 25, 2012

DealCurrent , a developer of software used for managing local coupons and daily deals offers, has scored private equity funding from a private equity firm. Todd Belfer of Canal Partners joins Deal Current's board as part of the funding.

Equity 149

Equity Sales Funding Software 149

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. You can see all of our holiday reflections here. Risk taking yields innovation.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. As part of the funding, Arrowroot Capital Partner Kareem El Sawy will join the company's board of directors.

Funding 133

Funding Santa Monica Equity Capital 133

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. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

APRIL 22, 2019

La Jolla-based Avidity Biosciences , a developer of biopharmaceuticals that uses monoclonal antibodies and oligonucleotide-based therapeutics, said on Monday that it has received $20M in an upfront payment, as well as an investment of $15M in a deal with Lilly. READ MORE>>.

Research 113

Research Equity Invest Capital 113

TechCrunch LA

JULY 19, 2022

It also handles the back end as well by automating the posting, sale and shipment of unsold inventory while offering immediate payment to creditworthy sellers. Ghost is not alone in developing technology focused on inventory. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June.

Product 191

Product Funding Technical Review Equity 191

socalTECH

NOVEMBER 30, 2017

Los Angeles-based private equity investor The Gores Group has sold one of its portfolio firms, Atlanta-based Peoplenet , to Boston-based Bullhorn. Financial details of the sale were not announced. Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. READ MORE>>.

Equity 113

Equity Los Angeles Software Sales 113

socalTECH

DECEMBER 18, 2018

San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures. The funding round came from Lightspeed Venture Partners, T.

San Diego 113

San Diego Sales Equity Pricing 113

TechCrunch LA

DECEMBER 8, 2020

The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. That also speaks to the vast and interesting quantity of data that the startup is amassing on home sales, and how it can use that to power its platform in the future.

Sales 282

Sales Demand San Diego Funding 282

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family. Apply for contests and business grants.

Startup 136

Startup Technical Review Equity Incubator 136

socalTECH

JULY 30, 2018

Los Angeles-based digital marketing company Social Reality (SRAX) announced this morning that it is selling its healthcare and pharmaceutical digital advertising product line, SRAXmd, to private equity firm Halyard Capital. According to SRAX, it will receive up to $52.5M for SRAXmd, including $33.5M READ MORE>>.

Advertising 100

Advertising Class Equity Los Angeles 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. ServiceTitan said it is hiring, particularly in customer support, sales, product, and engineering.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

DECEMBER 11, 2018

San Diego-based sensemetrics , a startup developing software to digest the vast amount of industrial Internet-of-Things (IoT) sensor data in the areas of mining, dams, energy and the industrial machine sectors, said on Tuesday that it has raised $10M in a financing round. READ MORE>>.

Software 113

Software San Diego Equity Activity 113

socalTECH

MARCH 2, 2018

Los Angeles-based venture capital investment firm First Beverage Ventures , which specializes in investing in beverage brands, has made an investment in vitamin-infused coffee and tea company VitaCup. Size of the equity funding was not announced. READ MORE>>.

Commerce 113

Commerce Venture Capital Equity Los Angeles 113

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. READ MORE>>.

SaaS 138

SaaS Equity Acquisition Software 138

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Develop 70

Develop Development Product Startup 70

socalTECH

DECEMBER 20, 2016

Los Angeles-based point-of-sale technology developer Appetize said Tuesday that it has raised $20M in a new funding round, led by private equity investor Shamrock Capital Advisors. Oak View Group, led by Tim Leiweke and Irving Azoff, also participated, along other investors.

Funding 100

Funding Sales Los Angeles Entertainment 100

Berkonomics

FEBRUARY 23, 2023

Competitors, seeing a successful development of a niche, flock into the competitive void with products or services built with a fresh view of the current environment. So, the question: load up with more equity and dilution? Or sell now?

Pricing 156

Pricing Invest Equity Entrepreneur 156

socalTECH

AUGUST 29, 2018

Irvine-based Zadara , a developer of enterprise cloud storage hardware and related storage services, has raised $25M more in a funding round, the company said on Wednesday. The funding was led by IGP Capital, and also included the company's existing investors. According to Zadara, it has now raised a total of over $60M in total equity.

Equity 100

Equity Sales Services Funding 100

Startup Professionals Musings

MAY 30, 2022

I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Switch your attention from product development to sales. Separate marketing from sales for further leverage.

Sales 147

Sales Metrics Guide Startup 147

socalTECH

JANUARY 14, 2019

Los Angeles-based human resources (HR) technology developer CareerArc --part of an ever growing number of Los Angeles area enterprise software companies--said this morning that it has raised $30M in a growth equity funding. According to CareerArc, the new round was led by PeakEquity Partners.

Technology 133

Technology Resource Los Angeles Equity 133

socalTECH

MARCH 10, 2020

San Diego-based Inseego , which develops 5G and Internet-of-Things technology, said this morning that it has received $25M via a private placement, in a Series E Preferrred Stock sale. The funding came from a private fund managed by Mubadala Investment Company's asset management arm, Mubadala Capital.

San Diego 124

San Diego Sales Capital Invest 124

socalTECH

MARCH 3, 2020

Goleta-based Transphorm , which develops gallium nitride (GaN) semiconductors for power conversion, said today that it has raised $21.5M in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. and will continue the historical business of Transphorm. (KKR), READ MORE>>.

Funding 113

Funding Equity Acquisition Sales 113

Startup Professionals Musings

OCTOBER 16, 2023

There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations. This should always be a “bottoms-up” commitment from your sales team, not your own optimistic guess.

Startup 116

Startup Pricing Sales Statistics 116