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JMI Equity Backs Jvion's Healthcare AI Software

socalTECH

San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. Jvion is based in Atlanta, Georgia, and was founded in 2011. Jvion said it will use the funding to accelerate expansion across its market. READ MORE>>.

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Private Equity Firm Puts Epicor Software On Market

socalTECH

Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. billion, and has hired investment banking firm Jeffries to handle the sale. Apax paid $976M for Epicor back in 2011. READ MORE>>.

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Restaurant365 Gets $20M For Restaurant Management Software

socalTECH

Restaurant365 said that, as part of that investment, Bessemer Partner Brian Feinstein has joined the company's board. The funding came from Bessemer Venture Partners.

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The Changing Venture Landscape

Both Sides of the Table

On the one hand, you’re over paying for every investment and valuations aren’t rational. In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” That used to be called A-round investing.

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gen-E Scores Private Equity Investment

socalTECH

San Clemente-based Gen-E , a developer of IT process automation software, said Monday that it has received a private equity investment from Solis Capital Partners. Financial terms of the investment were not disclosed. According to the company, the firm will use the funding to accelerate adoption of its software.

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Qualcomm Ventures Gets Exit At BYOD Software Maker Divide

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has scored an exit this morning, at bring-your-own-device (BYOD) software developer Divide. seed investment in Divide back in 2011. qcom qualcomm mobility management software enterprise byod mobile android enterproid divide google' READ MORE>>.

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Viant Launches IPO

socalTECH

Irvine-based a href="[link] Technology, a developer of advertising software, says it has launched an IPO, intending to sell 7,500,000 shares of its Class A common stock in an offering on the Nasdaq Global Market as DSP. The IPO will raise as much as $181M for Viant. The company has given an estimated offering range of between $19.00