socalTECH

SEPTEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Clearlake created Calero in 2013, when it rolled up three companies--Veramark Technologies, PINNACLE, and Movero--into a single entity.

Capital 113

Capital Software Riverside Santa Monica 113

socalTECH

AUGUST 20, 2019

FixStream was founded in 2013, and was based in San Francisco. Resolve is majority owned by private equity investor Insight Partners. Resolve Systems said the deal will help it create a unified platform which combines artificial intelligence with automation. Resolve Systems is led by CEO John Ferron. READ MORE>>.

Artificial Inteligence 127

Artificial Inteligence Equity Platform Software 127

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 K1 says that since it made its initial investment in K1 in 2013, the company grew its revenues "more than ten-fold", expanding its customer base from less than 200 customers to over 1,400.

Equity 113

Equity Software Development Los Angeles Software 113

socalTECH

OCTOBER 16, 2018

According to the company, the funding was led by Valor Equity Partners, which will add Partner Antonio Gracias to Cloud9's board of directors. Cloud9 was founded in 2013 by Jack and Paullie Etienne, and is behind such teams as the London Spitfire, the British Hurricane, and others.

Equity 113

Equity Los Angeles Capital Funding 113

socalTECH

JULY 18, 2014

The move--which has been in the works since at least February --follows the company''s acquisition by Vista Equity Partners back in August of 2013. omnitracs texas relocation rick perry vista equity jobs employment loss' Omnitracs was formerly part of Qualcomm. Texas Governor Rick Perry said the state paid $3.9M READ MORE>>.

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

NOVEMBER 6, 2013

Irvine-based Horizon Communications , a provider of telecommunications and electrical infrastructure installation and support services, has received an investment from Newport Beach-based private equity firm Solis Capital Partners. telecom investment equity private capital venture solis communications horizon' READ MORE>>.

Invest 153

Invest Capital Equity Funding 153

socalTECH

JUNE 4, 2019

FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers.

Southern California 113

Southern California Woodland Hills SoCal San Diego 113

socalTECH

NOVEMBER 26, 2018

The company was founded in 2013. The startup said that Air Liquide has "signaled its intent" to make an equity investment into FirstElement Fuel as part of the agreement. FirstElement Fuel, led by founder and Ceo Joel Ewanick, runs the True Zero brand of retail hydrogen fueling stations.

Networking 113

Networking Equity Invest Startup 113

socalTECH

AUGUST 19, 2014

Intuit had sold much of its Woodland Hills operations, Intuit Financial Services, to private equity firm Thoma Bravo back in July of 2013. The layoffs--first uncovered by the San Fernando Business Journal--apparently are due to a shift at the company towards more cloud-based services. The cuts apparently are slated for September 15th.

Woodland Hills 166

Woodland Hills San Fernando Layoffs Software Review 166

socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013.

San Diego 100

San Diego Acquisition Equity Report 100

socalTECH

NOVEMBER 23, 2015

Los Angeles-based StartEngine , which got its start as a startup accelerator but is now focused on offering up a platform for companies to raise equity crowdfunding, said Friday that a $25M crowdfunding effort by Elio Motors has been qualified by the SEC using its platform.

Startup 100

Startup Equity Platform Los Angeles 100

socalTECH

JANUARY 24, 2017

Accrive Diagnostics was owned by private equity investor Warburg Pincus. Accriva is the result of a merger in 2013 of International Technidyne Corporation (ITC) and Accumetrics.

San Diego 100

San Diego Equity Acquisition Develop 100

socalTECH

AUGUST 15, 2013

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. blackline systems accounting software merger acquisition exit venture capital private equity' Financial terms of the investment were not announced. READ MORE>>.

Silver Lake 147

Silver Lake Invest Equity Venture Capital 147

socalTECH

DECEMBER 16, 2015

Santa Monica-based private equity investor Clearlake Capital Group has scored an exit with one of its portfolio companies, Chicago-based Inventus Solutions. Clearlake Capital acquired Inventus in June of 2013. Inventus has been acquired by RPX Corporation. READ MORE>>.

Capital 100

Capital Santa Monica Equity Services 100

TechCrunch LA

JANUARY 26, 2020

Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase. billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today. It’s truly a sad day in LA.”.

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

socalTECH

SEPTEMBER 13, 2013

It looks things are definitely growing at financial software firm Blackline Systems , as the firm clarified that it actually did just over $25M in revenues in 2012, and is on track to have $40M plus in revenues for 2013. It''s unusual for privately held companies to be so open about their revenues, but the company is hinting at IPO plans.

Silver Lake 164

Silver Lake Equity Acquisition Software 164

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.

Custom 220

Custom Customer Clearstone Journal 220

socalTECH

APRIL 4, 2014

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. on revenues of $133.958M for the year ended December 13, 2013. TrueCar reported a loss of $22.6M

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

JUNE 2, 2015

The funding was led by Canso Investment Council, and included both equity and debt. Tech Media Network acquired LA's Bestofmedia Group, the publisher of Tom's Hardware, Tom's Guide and Tom's IT Pro online, back in 2013. The company--until recently known as Tech Media Network--said the funding goes towards strategic acquisitions.

Culver City 100

Culver City Guide Equity Media 100

socalTECH

SEPTEMBER 12, 2013

The company said it has increased its revenues by more than 50 percent annually for the past six years, with revenues up 55 percent in the first half of 2013. blackline systems revenues accounting software financial merger acquisition private equity' READ MORE>>.

Silver Lake 147

Silver Lake Equity Software Acquisition 147

socalTECH

FEBRUARY 25, 2015

The company has significant operations in Los Angeles, largely due to the company''s acquisition of Media Temple in 2013; GoDaddy''s recent push into the small business hosting market has come in part due to the talent and executive team from Media Temple. READ MORE>>.

Silver Lake 100

Silver Lake Technical Review Equity Los Angeles 100

socalTECH

MAY 8, 2014

Fred Thiel has been on Local''s board since 2013, having previously been an investor at private equity firm Triton Pacific Capital Partners, in addition to time at Graham Partners, TechStarter Ventures, GameSpy Industries, and Lantronix. READ MORE>>. local corporation krillion shopping guide software board executive triton'

Guide 147

Guide Equity Software Capital 147

Xconomy

JANUARY 7, 2020

Eventually Celgene kicked in $35 million more for a research collaboration, an equity stake, and an exclusive option to acquire the startup, PharmAkea Therapeutics. Rob Williamson, a longtime biotech entrepreneur, joined PharmAkea as CEO in 2013 after the company formed its “build-to-buy”-style. Financial terms weren’t disclosed.

Seed Funding 63

Seed Funding Equity Research Acquisition 63

socalTECH

MARCH 20, 2015

Media Temple has been a part of GoDaddy''s push into the small business market, since its acquisition in 2013. GoDaddy is owned by private equity firms KKR, Silver Lake, and Technology Crossover Ventures. GoDaddy recently set the pricing range for its IPO at between $17.00 and $19.00 per share, and looks to list on the NYSE as GDDY.

Silver Lake 100

Silver Lake Acquisition Pricing Equity 100

socalTECH

JUNE 19, 2015

Los Angeles-based StartEngine , which was launched back in 2013 as a startup incubator, has pivoted its model, and has become an online equity crowdfunding platform called StartEngine Crowdfunding.

Platform 100

Platform Santa Monica Incubator Equity 100

socalTECH

JANUARY 29, 2015

BlackLine last disclosed that its revenues were headed north of $40M a year back in Q4 of 2013. The company receive more than $200M in private equity funding from Silver Lake Partners a few years ago. BlackLine said shortly after that equity injection that it hoped to hit the public markets within 18-20 months.

Silver Lake 100

Silver Lake Equity Acquisition Los Angeles 100

socalTECH

JANUARY 21, 2015

San Diego-based KFx Medical , which is venture backed by Alloy Ventures, Charter Life Sciences, Arboretum Ventures, Montreux Equity Partners, and MB Venture Partners, said today that it has had a $35M patent infringement judgement upheld in appeal.

Patents 100

Patents San Diego Equity Company 100

Both Sides of the Table

DECEMBER 11, 2022

WHEN OUR INDUSTRY CHANGED — THE ERA OF THE UNICORN Aileen Lee of Cowboy Ventures first coined the term Unicorn in 2013, ironically to signal that very few companies ever achieved a $1 billion valuation. I suppose if I loved spreadsheets and valuations and benchmarking I would work in the even more lucrative world of late-stage private equity.

Venture Capital 466

Venture Capital Startup LAMP Marketing 466

socalTECH

MARCH 10, 2017

funding led by Level Equity. I spent some time with the MomentFeed team, and recognized what they were doing and where they were going, and felt that this could become an enduring, long term company, that can be the best place that employees have ever worked and the best partner our customers ever had, so I jumped on in early 2013.

Google 127

Google Paid Search Mobile Activity 127

Startup Professionals Musings

NOVEMBER 26, 2022

In fact, Michael Dell privatized his company again in 2013 for a few years, in his words to “unleash again the passion of our team members.” Most entrepreneurs never forget for a moment that having investors means owing money, even if they can legally argue that equity is not debt.

Funding 107

Funding Startup Satisfaction Venture Capital 107

socalTECH

SEPTEMBER 16, 2016

The original Asenqua Ventures was led by convicted felon Albert Hu, who was sentenced to spend 12 years in prison for wire fraud in 2013. Fortune says it does not know who has been sending out press releases from the company. READ MORE>>.

Venture Capital 100

Venture Capital Capital Report Funding 100

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

DECEMBER 28, 2017

Terpin also co-founded BitAngels (www.bitangels.co), the worlds first angel network for digital currency startups, in May, 2013, and he is co-founder of Aspire, a new asset creation blockchain platform scheduled to do its token generation event in 2018.

Southern California 189

Southern California Santa Monica Conference Newsletter 189

Startup Professionals Musings

FEBRUARY 29, 2020

In fact, Michael Dell privatized his company again in 2013 for a few years, in his words to “unleash again the passion of our team members.” Most entrepreneurs never forget for a moment that having investors means owing money, even if they can legally argue that equity is not debt.

Startup 124

Startup Satisfaction Venture Capital Entrepreneur 124

Both Sides of the Table

SEPTEMBER 10, 2021

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.” How little we all knew how ironic that term would become but has nonetheless endured. Ten years on much has changed.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

SEPTEMBER 23, 2019

We actually started the organization in 2013. Justine and I have included venture capitalists and people focused on debt equity, crowdfunding, and all kinds of different sources for raising money at our upcoming conference. I think one of the hardest things for women, is to access capital.

Help 224

Help Entrepreneur Capital Startup 224

Tech Zulu Event

JULY 1, 2013

With over 650 accredited investors and over 450 companies seeking to raise funds via SeedInvest, the February 2013 launched firm projects a better future than other platforms in the equity crowdfunding market. ” Over 650 accredited investors and over 450 companies.

Software Review 69

Software Review Platform Equity Tool 69