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Black Mountain Systems Acquired By Vista Equity Partners

socalTECH

San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Black Mountain Systems was previously owned by another, private equity investor, Stone Point Capital LLC , which acquired Black Mountain in 2015.

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5 Equity Crowdfunding Reflections Before You Sign Up

Startup Professionals Musings

Way back in 2015, the Kickstarter Pebble smartwatch raised $20.3 Most of the experience so far has been cash versus the equity feature defined by the JOBS Act – Equity Crowdfunding (Title III) , introduced back in 2016 with 685 pages of rules. In equity crowdfunding, no investor is representing their own interest.

Equity 164
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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

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
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Virtium Sold to Court Square Capital Partners

socalTECH

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. READ MORE>>.

Capital 113
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5 Crowdfunding Concerns Worry Professional Investors

Startup Professionals Musings

Way back in 2015, the Kickstarter Pebble smartwatch raised $20.3 Most of the experience so far has been cash versus the equity feature defined by the JOBS Act – Equity Crowdfunding (Title III) , introduced back in 2016 with 685 pages of rules. In equity crowdfunding, no investor is representing their own interest.

Equity 80
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Approved Opens for Business with $1M and Digital Mortgage Platform

Xconomy

Following a six-month trial of its digital mortgage platform, San Diego-based Approved has officially launched its Web-based software for home loan applications. Sadhal and Taylor (pictured above) founded Approved in August 2015, and moved into the San Diego tech incubator.

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Howard Marks: What I Learned This Year

socalTECH

We decided to solve this by building an equity crowdfunding platform to help thousands of startups raise the capital they need. What technologies or things are you looking forward to most in 2015? Not only did they have to work 24/7 to build their startup, but they also had to invest the same effort in raising capital.