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

JULY 11, 2018

La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential's founder an CEO is Dan Cornish. READ MORE>>.

Equity 100

Equity Invest Software Funding 100

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

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

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

APRIL 30, 2013

The startup says it added more than 200 new publishers and 100 new buyer channels for the six months ended March 31, 2013, and that its customers now include more than 500 of the world''s premium publishers, including eBay UK, Time, ABC News, the Wall Street Journal, Tribune Company, Virgin Media, People, Universal and many others.

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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. automotive software private capital venture investment partners equity vista dealersocket'

Equity 100

Equity Invest San Diego Activity 100

TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. The stock is currently trading around $15 per-share.

Company 363

Company Companies Acquisition Equity 363

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. ComplySci is a developer of regulatory and compliance software for the financial services sector.

Invest 113

Invest Equity Venture Capital Los Angeles 113

socalTECH

JULY 29, 2021

San Diego-based marketing software developer SOCi annoucned on Thursday that it has acquired Brandify, a provider of location-based digital marketing. SOCi is led by CEO Afif Khoury, and is backed by JMI Equity. The company recently raised $80 From JMI Equity. The company recently raised $80 From JMI Equity.

San Diego 113

San Diego Equity Software Development Platform 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 size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

FEBRUARY 19, 2021

Irvine-based software developer Performio, which develops incentive compensation management software, says it saw 110 percent growth in North America for its FY2020, after relocating its headquarters to Irvine in 2019.

Software Development 113

Software Development News Equity Software 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

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Commit to a major customer.

Develop 70

Develop Development Product Startup 70

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. Digital Map Products was owned by private equity investor Silversmith Capital Partners, and had over 160 employees.

Product 124

Product Equity Tool Google 124

socalTECH

MARCH 12, 2019

Santa Barbara-based Impact , which develops software used for partnership automation, said this morning that it has raised $75M in an investment round. The funding round was led by Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, and also included Silversmith Capital Partners, an existing investor.

Invest 113

Invest Ticketmaster Santa Barbara Equity 113

socalTECH

JANUARY 5, 2022

Los Angeles-based banking app developer Dave will start trading on the Nasdaq Global Market as DAVE, starting Thursday, January 6th, after stockholders of VPC Impact Acquisition Holdings III approved the deal to merge with Dave in a SPAC deal. Dave says it currently has more than 11 million customers using its banking app.

Acquisition 113

Acquisition Equity Los Angeles Marketing 113

socalTECH

JUNE 7, 2021

Los Angeles-based banking app developer Dave said this morning that it is going public, via a merger with VPC Impact Acquisition Holdings III, Inc., 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.

Marketing 113

Marketing Equity Acquisition Los Angeles 113

Startup Professionals Musings

APRIL 13, 2015

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Product development at this stage is the process of scaling up for manufacturing and marketing rollout. Specialized VCs start to jump in at this stage. Business commercialization.

Develop 102

Develop Development Product Funding 102

socalTECH

FEBRUARY 13, 2020

Irvine-based Mavenlink , which develops business process management software and related tools for services businesses, said on Thursday that it has created a new, Executive Advisory Board at the company. MavenLink's backers include Carrick Capital Partners and Goldman Sachs Growth Equity. READ MORE>>.

Equity 113

Equity Tool Customer Custom 113

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

Startup Professionals Musings

SEPTEMBER 13, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Commit to a major customer.

Startup 136

Startup Technical Review Equity Incubator 136

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. and globally to 25 markets by next year, up from 12 today. “We typically have 75%-78% occupancy,” Roberts said. .

Equity 136

Equity Startup Los Angeles Capital 136

socalTECH

APRIL 21, 2020

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx , in a deal worth $1.15 Checkmarx is a developer of security software for the DevOps market. billion, the company said on Monday. K1 said it will continue to own a minority interest in Checkmarx.

Equity 113

Equity Software Development Los Angeles Software 113

Startup Professionals Musings

MAY 21, 2023

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Startup 106

Startup Capital Equity Funding 106

socalTECH

MAY 14, 2019

Rancho Santa Margarita-based Virtium , a developer of ruggedized, industrial, embedded solid state drives and memory, has been sold to private equity investor Court Square Capital Partners , by its existing private equity owner, L Square Capital Partners. Financial details of the deal were not announced.

Capital 113

Capital Equity Organization Platform 113

socalTECH

FEBRUARY 14, 2018

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

Santa Barbara 124

Santa Barbara Equity Commerce Resource 124

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

JANUARY 5, 2021

a developer of data modeling, data governance, and business process modeling software. Quest said that Erwin has more than 3,500 customers across North America, EMEA, and Asia Pacific. Erwin had been owned by private equity investor Parallax Capital Partners. Financial terms of the acquisition were not announced.

Software 113

Software Equity Acquisition Customer 113

socalTECH

AUGUST 18, 2020

Los Angeles-based software developer SmartAction , which develops conversational, AI-powered virtual agents for contact centers, said this morning that it has named Gary Davis as its CEO. SmartAction is backed by private equity firms Staley Capital and TVC Capital. READ MORE>>.

Equity 113

Equity Software Development Web Los Angeles 113

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. Good listener, take in information, • Have pulse on what the market wants (hard to train that) cannot take this from customers only. Passion: Have to be able to motivate people, customers, team, yourself. we both love Jason).

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

JANUARY 10, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Perforce Software , a developer of version control software. Perforce was based in Minneapolis, MN, and had previously been owned by another private equity company, Summit Partners. Financial details of the buy were not announced.

Software 100

Software Capital Santa Monica Equity 100

TechCrunch LA

JULY 19, 2022

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. The company raised $5 million in equity last November from Equal Ventures and Eniac to give it $28 million in total equity and debt funding.

Product 191

Product Funding Technical Review Equity 191

socalTECH

MARCH 11, 2019

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. Digital Pharmacist, which is based in Austin, Texas, had been backed by LiveOak Venture Partners. READ MORE>>.

Invest 113

Invest Newsletter Social Media Equity 113

socalTECH

NOVEMBER 5, 2018

Los Angeles-based RingDNA , which develops analytics software used for understanding the sales process and sales conversations, said last week that it raised $30M in a growth capital funding. The funding was led by Goldman Sachs Growth Equity (GS Growth), and also included Palisades Growth Capital and Bryant Stibel. READ MORE>>.

Sales 140

Sales Artificial Inteligence Equity Web 140

socalTECH

MAY 15, 2020

Syndio , a developer of software being used by companies to help fix pay inequities in the workplace--and whose co-founder is based in LA--has raised $7.5M Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. in a Series A funding.

Layoffs 113

Layoffs Equity Los Angeles Software 113

TechCrunch LA

NOVEMBER 23, 2020

Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and Danna’s hunch that the inability of salons and spas to cater to customers like the busy programmer could be indicative of a bigger problem. billion transaction by Vista Equity Partners.

Software 323

Software Beverly Hills Los Angeles Equity 323