socalTECH

FEBRUARY 21, 2019

San Diego-based private equity investor JMI Equity is the lead investor in Lytics , a developer of marketing personalization software, in a $35M, Series C investment announced by Lytics on Thursday. The company said the funding will go towards strategic growth initiatives in the product development and "customer success" areas.

Equity 113

Equity Invest San Diego Customer 113

socalTECH

FEBRUARY 22, 2018

Los Angeles-based private equity investor Marlin Equity has acquired San Jose-based Propelics , a developer of mobile apps for enterprise customers, Marlin Equity said on Thursday. Marlin acquire Propelics via portfolio company Anexinet Corporation , which is based in Philadelphia.

Equity 113

Equity Los Angeles Mobile Customer 113

Berkonomics

JULY 16, 2020

Growing companies usually require more working capital during their periods of rapid growth. It may not be equity. If the equity value of a company is growing at the same rate as the company, say 40% per year, almost any form of debt financing may be preferable as a way of preventing further dilution from issuing additional equity.

Company 156

Company Companies .Net Equity 156

socalTECH

JANUARY 26, 2021

Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Traliant was founded in 2016, and says it has over 5,000 customers. The company's founders are Mike Pallatta (CEO) and Andrew Rawson (Chief Learning Officer).

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

socalTECH

FEBRUARY 14, 2018

Los Angeles-based private equity investor Marlin Equity has acquired San Francisco-based Inkling Systems , a developer of enterprise software for field workforce operations management. The companies said Inkling will continue to operate from its headquarters in San Francisco with its existing executive leadership team.

Equity 113

Equity Los Angeles Acquisition Software 113

socalTECH

APRIL 15, 2019

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced. READ MORE>>.

Equity 113

Equity Entertainment Tool Acquisition 113

socalTECH

AUGUST 27, 2019

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

Equity Invest Santa Monica Tool 100

socalTECH

DECEMBER 1, 2015

Los Angeles-based private equity investor Marlin Equity has acquired LiveOps Cloud Platform , the companies said today, in a deal which will split LiveOps into two different companies. LiveOps Cloud develops cloud contact center and customer service software. Financial terms of the acquisition were not disclosed.

Equity 100

Equity Acquisition Platform Los Angeles 100

socalTECH

OCTOBER 6, 2020

Los Angeles-based J2 GLobal , which owns a diverse range of Internet information and services companies, announced this morning that it has acquired three more companies, and--unusually--also has divested one. Financial details of the acquisitions and sale were not announced by the company. READ MORE>>.

Company 100

Company Companies Acquisition Equity 100

socalTECH

MAY 5, 2017

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. The company said its tools are used by such brands as Caesars Entertainment and Casio to collect and analyze data from their customers, in real time.

Equity 124

Equity Entertainment Acquisition Mobile 124

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. Organically, we started getting approached by companies and realized that Corporate Social Responsibility is a real thing.

Equity 124

Equity Resource Startup Platform 124

socalTECH

JULY 19, 2011

San Diego-based private equity firm JMI Equity has backed a provider of marketing services for the interactive TV market. According to New York-based BrightLine , it has scored a strategic growth investment from JMI Equity, with JMI Equity's General Partner Brad Woloson joining the company's board of directors.

Equity 145

Equity San Diego Invest Customer 145

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. Organically, we started getting approached by companies and realized that Corporate Social Responsibility is a real thing.

Equity 100

Equity Resource Startup Platform 100

socalTECH

APRIL 30, 2013

Los Angeles-based Rubicon Project says today that it is one of the "fastest growing ad technology companies in history". Peacock Equity Fund, Stanford University, and the University of California Berkeley. The company was founded in 2007. READ MORE>>. growth realtime exchange advertising online project rubicon'

Customer 220

Customer Custom Clearstone Journal 220

socalTECH

MAY 14, 2014

San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. Dealersocket says its current management team will continue to hold a "significant" ownership stake in the company.

Equity 100

Equity Invest San Diego Activity 100

Berkonomics

NOVEMBER 21, 2019

Often, we joke together as managers of companies or of people that our goal is “world domination” or “to crush the competition.” How about companies formed to profit and give to charity? Companies living on the edge or losing money often cannot make those vital promises, affecting its reputation, security and equity value.

Company 156

Company Companies .Net Google 156

TechCrunch LA

OCTOBER 28, 2020

There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. Financial terms of the transaction were not disclosed. .”

Company 188

Company Companies Los Angeles San Diego 188

Startup Professionals Musings

SEPTEMBER 10, 2018

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Experience and connections in your business area.

Equity 95

Equity Patents CTO Hire Startup 95

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. As a part of Integrated Media, StackCommerce will join properties like Fandom and Goal.com.

Media 134

Media Commerce Company Companies 134

socalTECH

JULY 28, 2021

Santa Monica-based Inspire Energy Capital, a provider of renewable energy to the residential market, has been acquired by oil and gas giant Shell, the companies said Tuesday afternoon. Inspire offers up renewable energy subscriptions to customers.

Capital 203

Capital Santa Monica Acquisition Equity 203

socalTECH

DECEMBER 1, 2022

San Diego-based Forward Slope, a provider of software for the defense industry, has received an investment from private equity investor Trive Capital. Forward Slope provides tactical visualization systems, geospatial mapping tools, data science, cyber security, and other products to the Navy and other national security customers.

Invest 100

Invest San Diego Equity Tool 100

socalTECH

FEBRUARY 3, 2021

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. The company was acquired by Platinum Equity in December 2019. Financial details of the acquisition were not announced.

Santa Monica 113

Santa Monica Equity Incubator Acquisition 113

socalTECH

JUNE 10, 2021

Los Angeles-basd private equity investor K1 Investment Management has made a $120M investment in New York- and London-based >ComplySci, the two companies said this morning. According to ComplySci, it will use the new funding to support new and enhanced solutions for its customers.

Invest 113

Invest Equity Venture Capital Los Angeles 113

Berkonomics

MAY 8, 2014

I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment. The company has been funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. How refreshing!

Company 166

Company Companies Writing Education 166

socalTECH

JULY 29, 2021

SOCi is led by CEO Afif Khoury, and is backed by JMI Equity. The company recently raised $80 From JMI Equity. SOCi says its customers includes such companies as Ace Hardware, Sports Clips, and Anytime Fitness. According to SOCi, the deal will add additional functionality to its platform.

San Diego 113

San Diego Equity Software Development Platform 113

Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

socalTECH

SEPTEMBER 28, 2021

Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company said the funding came from East Los Capital. The company says its clients are migrating software to AWS. Caylent is led by CEO JP La Torre.

Cloud Computing 113

Cloud Computing Equity Demand Web 113

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The company was founded in 2000. The size of the investment--described as "significant"--was not announced.

El Segundo 113

El Segundo Funding Equity Education 113

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. The company says its customers include B2B brands and Fortune 1000 customers. Size of that investment was not announced.

Invest 113

Invest Capital Equity Los Angeles 113

TechCrunch LA

DECEMBER 17, 2019

Domio , a startup that designs and then rents out apart-hotels with kitchens and other full-home experiences, has raised $100 million ($50 million in equity and $50 million in debt) to expand its business in the U.S. Roberts is also quick to describe how Domio is not a real estate company as much as it is a tech-powered business.

Equity 136

Equity Startup Los Angeles Capital 136

socalTECH

FEBRUARY 15, 2019

Irvine-based Avetta , a provider of supply chain management software, has merged with another supply chain risk management company, BROWZ , the companies said this week. Avetta is owned by private equity investor Welsh Carson Anderson & Stowe. The combined firm says it has more than 85,000 customers in over 100 countries.

Carson 133

Carson Equity Software Invest 133

socalTECH

JANUARY 5, 2021

San Barbara-based HG Insights, which provides information on technology installations, IT spend, and related areas, has received an investment from private equity investment firm Riverwood Capital. Size of the investment--which the companies said was a "significant growth investment"--was not announced.

Capital 113

Capital Funding Equity Invest 113

socalTECH

JUNE 7, 2021

a special purpose acquisition company (SPAC) sponsred by Victory Park Capital. According to the company, the deal will take the company public under the ticker symbol DAVE, and give it a pro forma, fully-diluted equity value of approximately $4 billion. million members.

Marketing 113

Marketing Equity Acquisition Los Angeles 113

socalTECH

JUNE 21, 2019

Irvine-based Digital Map Products , a developer of mapping and location tools used by enterprise and government customers, has been acquired by LightBox , a provider of real estate information products. Financial terms of the deal were not announced by the companies. The deal had been announced in May.

Product 124

Product Equity Tool Google 124

Startup Professionals Musings

AUGUST 9, 2020

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Experience and connections in your business area.

Startup 174

Startup Equity Patents CTO Hire 174

socalTECH

JANUARY 4, 2021

The combined company says it will have over 500 employees and customers in more than 50 countries; the newly combined firm will be led by current Netwrix CEO Steve Dickson. The companies said Steve Cochran, founder and chairman of Stealthbits, will be an investor in Netwrix and will serve on its Board of Directors.

Equity 113

Equity Software Customer Custom 113

socalTECH

JANUARY 5, 2022

The acquisition by a special purpose acquisition company (SPAC) is the latest in a long line of transactions which have taken technology companies to the public markets, without the traditional initial public offering (IPO). VPC Impact Acquisition Holdings III is affiliated with debt and equity investor Victory Park Capital.

Acquisition 113

Acquisition Equity Los Angeles Marketing 113