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JMI Equity Re-Ups On AppNeta

socalTECH

San Diego-based private equity investor JMI Equity has put more capital into AppNeta , a Boston-based provider of cloud-based, IT performance management software. AppNeta said it raised $16M in a SERies C, which was led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity and Business Development Bank of Canada.

Equity 138
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Miva Gets Growth Capital Injection

socalTECH

San Diego-based Miva , the developer of e-commerce shopping cart software, has received a growth capital funding from private equity investor Bison Capital Partners, the companies said this week. Size of the minority investment was not announced. Carroll remains on the company's board and will also advise Wilson.

Capital 113
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Sapphire Energy Pays Off Government Loans

socalTECH

In what might be one of the first successful examples of an energy startup company making effective use of taxpayer guarantees, San Diego-based Sapphire Energy , which is developing algae-based crude oil technology, said it has completely paid of a loan guarantee from the U.S. Department of Agriculture.

San Diego 157
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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282
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Peregrine Semiconductor Files For IPO

socalTECH

San Diego-based Peregrine Semiconductor , a developer of RF integrated circuits for the wireless and other markets, filed for an IPO late Friday, saying it is looking to raise up to $100M on either the Nasdaq Global Market or New York Stock Exchange. in 2009, and a net loss of $2.5M on revenues of $70.5M READ MORE>>.

.Net 140
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Service-now.com Reports Yearly Revenues

socalTECH

Privately held, San Diego firm Service-now.com , a developer of IT service automation software-as-a-service, has released its yearly financial results, in an unusual move. The firm said today that it closed its fiscal year on June 30, 2009, with more than $28M in recurring revenue, and 280 customers. READ MORE>>.

Services 100
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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter.