socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

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TechCrunch LA

NOVEMBER 23, 2020

They spoke with salon owners in Beverly Hills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. Investors including Index Ventures, Toba Capital, VMG Partners, Bonfire Ventures, Ludlow Ventures and BoxGroup agreed. million in funding.

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Software Beverly Hills Los Angeles Equity 323

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SEPTEMBER 16, 2019

San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.

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socalTECH

MARCH 25, 2021

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. Financial details of the investment were not announced.

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socalTECH

JULY 8, 2021

Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Adlib's software is used to automate the discovery, classification, extraction, and structure of data from unstructured documents.

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socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

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socalTECH

JANUARY 14, 2021

Santa Monica-based March Capital (formerly March Capital Partners) announced on Thursday that it has raised its third fund, March Capital Fund III, which it closed at $450M in commitments. According to the firm, the new fund is focused on enterprise software companies, and included both existing and new investors.

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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. READ MORE>>.

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TechCrunch LA

MARCH 25, 2021

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.

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socalTECH

APRIL 11, 2018

Capital Music Group (CMG), which is a division of Universal Music Group (UMG), announced on Tuesday that it is launching a new "innovation center", which will be based in the music company's iconic tower in Hollywood. The center will open its doors on April 15th, hosting a set of teams that were picked at the SXSW Music Hackathon.

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socalTECH

JANUARY 17, 2020

Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Skyview Capital says that Fidelis has over 250 employees. READ MORE>>.

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socalTECH

DECEMBER 9, 2013

Santa Monica-based private equity investor Clearlake Capital Group has rolled up three companies into a new company called Calero Software , the company announced today. Clearlake Capital said that Calero is made up of the business operations of Veramark Technologies, PINNACLE, and Movero. READ MORE>>.

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socalTECH

NOVEMBER 25, 2020

Santa Monica-based private equity investor Clearlake Capital Group said this morning that one of its portfolio firms, Zywave , has acquired Insurance Technologies Corporation (ITC). Insurance Technologies Corporation is a provider of marketing, rating, and agency management software for the insurance industry.

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socalTECH

MAY 29, 2013

in a funding round, the firm announced today, for its "cloudpaging" software, which helps deliver Microsoft Windows applications into the cloud. According to Numecent, the funding was led by T-Venture, the venture capital arm of Deutsche Telekom. telekom deutsche capital venture enterprise conversion software saas cloud numecent'

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Software Technology SaaS Venture Capital 147

socalTECH

JANUARY 9, 2023

Santa Barbara-based Live Data Technologies said this morning that it has raised $5M in a Series A funding round. The company says it is developing software to verify B2B contact data for people, tracking people as they move jobs. Source of the funding was not announced.

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socalTECH

JULY 7, 2021

Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The first investment made by the fund is Chalice, a developer of algorithmic ad optimization software.

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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. READ MORE>>.

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Software Sales Southern California Equity 124

socalTECH

APRIL 8, 2019

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. Financial terms of the merger were not announced.

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Technology Equity Los Angeles Mobile 160

socalTECH

APRIL 16, 2015

Carpinteria-based Procore , the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also included existing investor Bessemer Venture Partners. READ MORE>>.

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Software Technology Outsource Development Equity 100

socalTECH

MAY 25, 2021

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit -- OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.

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Technology Monrovia Seed Funding Tool 113

socalTECH

DECEMBER 6, 2011

Los Angeles-based Gehry Technologies , a developer of architectural design software co-founded by architect Frank Gehry, announced Tuesday that it has raised $10M in a Series B financing round. The firm said the funding will go towards the firm's consulting services, as well as towards technology development. READ MORE>>.

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socalTECH

SEPTEMBER 19, 2018

Los Angeles-based venture capital investor March Capital is the lead investor in a Series B funding round for software-defined, converged infrastructure startup ioTium. ioTium is developing "software-defined converged infrastructure" products for the industrial Internet-of-Things market. and abroad. and abroad.

Capital 133

Capital Venture Capital Los Angeles Software 133

socalTECH

JULY 8, 2019

Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. Colo co-founded the firm with Dave Leyrer (Nexus Group, Boulevard Capital Management) and Kerry Kellogg (RSE Ventures).

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Invest Capital Commerce Los Angeles 124

socalTECH

FEBRUARY 21, 2020

Santa Monica-based Brace , a startup developing software to automate mortgage servicing, has raised $10M in a Series A funding round, according to the company. The funding was led by Point72 Ventures, and also included Crosslink Capital. The new funds will go towards expansion of its platform and technology. READ MORE>>.

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socalTECH

DECEMBER 16, 2020

Los Angeles-based DASH Systems , a developer of technology that allows for precision airdrop of deliveries from cargo aircraft, has raised $8M in a seed funding round, the company said this morning. The funding was led by 8VC, and also included Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.

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TechCrunch LA

JANUARY 24, 2019

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.

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Artificial Inteligence Capital Los Angeles Incubator 225

socalTECH

JUNE 21, 2018

San Diego-based startup Truepic , a developer of software which "notarizes" digital photos for authenticity, has raised $8M in a Series A funding, the company announced on Thursday. Truepic says that its customers include Reddit and the Syrian American Medical Society (SAMS). The company was founded by Craig Stack and Jeff McGregor.

Software 147

Software San Diego Capital Funding 147

socalTECH

OCTOBER 11, 2018

Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

Artificial Inteligence 133

Artificial Inteligence Capital Funding Social Media 133

socalTECH

NOVEMBER 2, 2017

Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud , a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology. READ MORE>>.

Capital 140

Capital Santa Monica Venture Capital Invest 140

socalTECH

APRIL 18, 2019

Los Angeles-based Red 6 Aerospace , a startup developing Augmented Reality software aimed at used in what it says are "high-speed, dynamic environments", has raised $2.35M in a seed funding round. The funding was led by Moonshots Capital, and also included Irongate Capital Advisors, as well as angel investors. READ MORE>>.

Technology 153

Technology Training Seed Funding Capital 153

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

socalTECH

MAY 12, 2014

Laguna Hills-based Parallax Capital Partners , a private equity investor which invests in software and other technology companies, said Monday that it has raised a new, $115M fund for its investments. parallax capital partners private equity technology software venture investment fund' READ MORE>>.

Capital 157

Capital Equity Invest Funding 157

socalTECH

MAY 2, 2019

Aliso Viejo-based PhoenixET , a developer of Internet-of-Things (IoT) products for the smart building market, has raised a round of funding in what it says is a growth capital funding. The funding was led by Spring Lake Equity Partners and Energy Innovation Capital (EIC), and also included existing shareholder Duke Energy.

Software 133

Software Funding Equity Capital 133

socalTECH

JUNE 29, 2017

Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

socalTECH

APRIL 8, 2019

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. The company raised a similar fund , Core Innovation Capital II, LP, back in January of 2017. READ MORE>>.

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Invest Capital Funding Venture Capital 133

socalTECH

JANUARY 12, 2017

Newport Beach-based CAD/CAM software maker MSC Software is reportedly in play, with current private equity owners Elliott Associates and Symphony Technology Group potentially selling the company to CVC Capital Partners, according to a report. MSC Software went private back in 2008.

Software 100

Software Equity Report Technology 100

socalTECH

FEBRUARY 2, 2021

Los Angeles-based fintech venture capital investor Core Innovation Capital is nearing its $125M target for its third fund, Core Innovation Capital III, according to recent regulatory filings from the company. The venture firm--led by Arjan Schutte and Kathleen Utecht--makes investment in finance related technology companies.

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