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Fair Raises $100M In Debt Facility, Equity Investment

socalTECH

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

Equity 100
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symplr Acquires Halo Health

socalTECH

Symplr, the enterprise healthcare software company owned by Santa Monica-based private equity investor Clearlake Capital Group, said this morning that it has agreed to acquire Halo Health, a provider of clinical communication and collaboration software. Financial details of the transaction were not announced.

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VideoAmp Raises $2.2M For Video Advertising Platform

socalTECH

Santa Monica-based VideoAmp , which operates a programmatic video advertising platform, said this morning that it has raised $2.2M in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital. READ MORE>>.

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symplr Acquires Phynd

socalTECH

symplr, a developer of healthcare governance and compliance software, has acquired Phynd Technologies, a provider of a centralized provider data management platform for the healthcare market. Symplr is owned by Santa Monica-based private equity investor Clearlake Capital Group and SkyNight Capital.

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Clearlake Capital Buys Syncsort

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group announced htis morning that it is buying Syncsort , a new Jersey-based developer of big data, data migration, and other tools. Behdad Eghbali, Prashant Mehrotra, and Paul Huber, all of Clearlake Capital, join Synsort's board of directors in the deal.

Capital 100
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Clearlake's NetDocuments Gets New Investment

socalTECH

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding.

Invest 113
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Crowdfunder Gets Broker-Dealer License

socalTECH

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.