socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

NOVEMBER 15, 2017

Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. Arrowroot Capital said the fund was oversubscribed.

Invest 113

Invest Capital Software Funding 113

socalTECH

NOVEMBER 6, 2017

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others.

Capital 113

Capital Funding Santa Monica Equity 113

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

MARCH 1, 2021

Santa Monica-based Red 6, which is developing augmented reality air combat training systems, announced this morning that it has raised $7M in a funding round. The company said the funding was raised via a financial arrangement called a SAFE (Simple Agreement for Future Equity).

Santa Monica 124

Santa Monica Training Equity Funding 124

socalTECH

JANUARY 3, 2013

Silicon Valley law firm Cooley LLP made some big waves in July with an expansion into "Silicon Beach" and a new office in Santa Monica. It's unclear how and if the new venture fund will invest in any of the firm's new Silicon Beach clients. READ MORE>>.

Funding 200

Funding Santa Monica Invest Equity 200

socalTECH

JUNE 11, 2020

Santa Monica-based meditation app provider Headspace has raised $47.7M in an equity funding round, according to a regulatory filing by the company, filed this week. The funding--an extension of its Series C funding--was announced at the Snap Partner Summit. in its Series C funding. READ MORE>>.

Santa Monica 113

Santa Monica Equity Tool Capital 113

socalTECH

JULY 30, 2020

Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.

Software Review 157

Software Review Draper Santa Monica Google 157

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm's second fund closed at the end of 2015, and was worth $50M.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

MARCH 12, 2014

Santa Monica-based Beats Music , the subscription-based, music streaming service, has raised between $60M to $100M in new, equity financing, according to reports. Bloomberg, citing three people with knowledge of the deal, said that the funding is part of an effort to challenge Spotify for exclusive music rights.

Funding 170

Funding Santa Monica Equity Report 170

socalTECH

AUGUST 5, 2020

Santa Monica-based private equity investor Clearlake Capital Group, L.P. , as well as funds from Blackstone Tactical Opportunities, have increased their investment in New York-based Diligent , a developer of portal software for corporate boards. Financial details of that investment were not announced.

Software Review 113

Software Review Invest Santa Monica Equity 113

socalTECH

AUGUST 31, 2021

Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies.

Invest 113

Invest Santa Monica Equity Advertising 113

socalTECH

JUNE 17, 2020

Santa Monica-based drone data management software developer DroneBase announced on Wednesday morning that it has raised $7.5M in a Series C funding. DroneBase has now raised a total of $32M in funding. DroneBase is led by CEO and Founder Dan Burton. READ MORE>>.

Santa Monica 113

Santa Monica Venture Capital Equity Software Development 113

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FEBRUARY 12, 2020

Santa Monica-based Headspace , which develops mindfulness and meditation software and tools, has raised $93M in a Series C funding, the company said on Wednesday morning. The company said the round was led by blisce/, and also included Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital.

Tool 113

Tool Santa Monica Equity Capital 113

socalTECH

JUNE 8, 2015

Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.

Funding 100

Funding Outsource Santa Monica High Tech 100

socalTECH

MAY 14, 2019

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

Invest Santa Monica Equity Platform 113

socalTECH

JULY 29, 2019

Santa Monica-based health and fitness company Beachbody has just raised $8.5M in an equity funding, according to a regulatory filing from the company. Details on the funding have not been announced by the company.

Beachbody 113

Beachbody Santa Monica Equity Funding 113

socalTECH

OCTOBER 2, 2012

Santa Monica-based ShoeDazzle , the online e-commerce and celebrity site that is back in the hands of Brian Lee, and whose co-founders include Kim Kardashian, has raised $6.0M in a combination of equity and debt, according to a regulatory filing from the firm Tuesday.

Funding 150

Funding Santa Monica Commerce Equity 150

socalTECH

SEPTEMBER 20, 2010

Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. Tags: clearstone calpers venture capital fund performance. READ MORE>>.

Clearstone 164

Clearstone Funding Palomar GRP Partners 164

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MARCH 9, 2018

Santa Monica-based Bird , which operates a network of "last mile" electric vehicles for connecting users with public transportation like buses and subways, has raised $100M in a Series B funding, the company said on Friday. City Operations. READ MORE>>.

Santa Monica 113

Santa Monica UCLA Venice San Diego 113

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OCTOBER 18, 2018

Santa Monica-based Tastemade , which develops food- and lifestyle-focused content for YouTube, as well as its own website, said this week that it has raised $35M, in its Series E funding round.

Redpoint 113

Redpoint Santa Monica Content Equity 113

socalTECH

OCTOBER 12, 2017

Santa Monica-based private equity investor Clearlake Capital , along with Valor Equity Partners , StepStone Group , Palladium Equity Partners , and MoonSail Capital , have launched an effort to raise $10M in funding to help humanitarian efforts in Puerto Rico in the wake of Hurricane Maria.

Capital 113

Capital Santa Monica Equity Report 113

L.A. Business Journal

MARCH 9, 2018

Santa Monica-based Bird, an electric vehicle sharing company, announced a $100 million Series B funding round on March 9. Valor Equity and Index Ventures were the primary investors, while Craft Ventures and Goldcrest increased their existing investments. Additional investors included Tusk Ventures and Upfront Ventures.

Santa Monica 100

Santa Monica Equity Invest Funding 100

socalTECH

MAY 10, 2018

Santa Monica-based private equity investor Arrowroot Capital has invested $38M in big data and analytics software developer ClickFox , according to a regulatory filing from ClickFox this week. The funding, without financial details, was announced on April 30th. in the funding round.

Capital 100

Capital Invest Santa Monica Equity 100

socalTECH

SEPTEMBER 1, 2020

Santa Monica-based Graze , a new startup backed by Wavemaker Partners, said this morning that it has launched a new, robotic lawn mower targeted at the commercial market. Graze says it is using equity crowdfunding through SeedInvest for its funding efforts. READ MORE>>.

Artificial Inteligence 113

Artificial Inteligence Marketing Santa Monica Press 113

socalTECH

FEBRUARY 23, 2017

Santa Monica-based MomentFeed , which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M in new funding, the company said this morning. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier.

Draper 113

Draper Santa Monica Equity Sales 113

socalTECH

AUGUST 23, 2017

Santa Monica-based venture investor Mucker Capital is one of the investors in a developer of fraud prevention and identity verification software, which uses email address scoring. Arizona-based Emailage said on Wednesday that it had raised $10M in a growth equity investment.

Capital 113

Capital Santa Monica Email Equity 113

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. Joe Osnoss of Silver Lake joins Cornerstone's board with the funding, and Silver Lake will also appoint another member of the board at a later date.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

AUGUST 19, 2010

Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today. According to the filing, the first investment in the round was August 4th, and included equity, options, and warrants.

Funding 153

Funding Anthem Clearstone Santa Monica 153

socalTECH

AUGUST 23, 2018

Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. TaskUs just raised a giant, $250M funding round from private equity investor Blackstone Group. TaskUs says it will invest $9M in a new downtown location in Albuquerque.

Southern California 100

Southern California Outsource Santa Monica Equity 100

socalTECH

NOVEMBER 14, 2012

Santa Monica-based solar energy project developer SolarReserve has raised $586M in a combination of equity and debt, for two South African projects, according to reports today.

Santa Monica 164

Santa Monica Equity Ideas Report 164

socalTECH

APRIL 9, 2018

The alternative-transportation services segment occupied by new Santa Monica startup Bird suddenly heated up today, after car sharing service Uber said that it has acquired JUMP Bikes --the provider of a electric bike sharing service in San Francisco. Bird just raised a big $100M funding round.

Santa Monica 133

Santa Monica Equity Acquisition Report 133

socalTECH

DECEMBER 10, 2014

Santa Monica-based Ring , the smart doorbell startup led by Jamie Siminoff, has raised $4.5M in equity and another $2.5M True Ventures'' Adam D''Augelli will join the company''s board with the funding, which the company disclosed gives it a $15.5M in debt financing, the company disclosed Wednesday. postmoney valuation.

Santa Monica 173

Santa Monica Venture Capital Equity Ideas 173

socalTECH

DECEMBER 30, 2016

In 2016, our Santa Monica office more than doubled market share of early-stage companies. Rob Freelen: The best lesson I learned in 2016 is that a well-managed company can succeed in any funding environment. In the interest of full disclosure, Headspace is a client of SVB Santa Monica. Rob Freelen: Focus.

Santa Monica 124

Santa Monica Southern California Venture Capital SoCalTech 124

socalTECH

MAY 8, 2017

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.

Clearstone 113

Clearstone Draper Santa Monica Venture Capital 113

socalTECH

NOVEMBER 11, 2015

Santa Monica-based VideoAmp , which says it is developing a "screen optimization platform" aimed at the TV and video ecosystem, said today that it has raised $15M in a Series A funding round.

Anthem 100

Anthem Tool Santa Monica Screening 100