socalTECH

FEBRUARY 5, 2018

Los Angeles-based Digital Fuel , a provider of IT business management software, has been acquired by Apptio , the two companies announced Friday. Digital Fuel had been owned by private equity investor Skyview Capital. Financial details of the buy were not announced. Apptio is based in Seattle.

Equity 113

Equity Los Angeles Capital Software 113

socalTECH

NOVEMBER 30, 2017

Peoplenet was a developer of cloud-based, workforce management software; Bullhorn is a developer of CRM and operations software for the recruitment industry. Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. Financial details of the sale were not announced. READ MORE>>.

Equity 113

Equity Los Angeles Software Sales 113

Tech Zulu Event

JANUARY 27, 2016

TechZulu is excited to invite you to the 2016 Startup and Entrepreneur Forecast taking place Thursday, February 11 from 7 p.m. We will have amazing panelists from Crosscut Ventures, Machine Shop Ventures, Techstars, and more to be announced soon who will share their insights and forecast for startups in 2016. Joe received his B.S.

Startup 40

Startup Santa Monica Venture Capital SaaS 40

socalTECH

JULY 6, 2017

Santa Monica-based private equity investor Clearlake Capital Group said on Thursday that it has agreed to merge Syncsoft Incorporated and Vision Solutions , two enterprise software companies that it already owns, and sell the resultant company to Centerbridge Partners. Clearlake acquired Syncsoft in 2015, and Vision Solutions in 2016.

Santa Monica 113

Santa Monica Equity Software Capital 113

socalTECH

JULY 18, 2017

A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. Cylance (www.cylance.com). Honest Company (www.honest.com).

Southern California 133

Southern California Orange County SpaceX Santa Barbara 133

socalTECH

FEBRUARY 2, 2018

According to a regulatory filing by Bitvore, the funding comes as part of an round which kicked off in December of 2016, and so far includes 36 investors. The technical team at Bitvore includes such well known local technology execs as Greg Bolcer (CTO) and Alan Chaney (Chief Software Architect, VP Engineering).

Artificial Inteligence 170

Artificial Inteligence Tech Coast Angels Funding IBM 170

socalTECH

JULY 15, 2015

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? With this acquisition, that has put Concur into SAP.

Software 100

Software Report Startup IBM 100

socalTECH

JUNE 21, 2019

Digital Map Products was owned by private equity investor Silversmith Capital Partners, and had over 160 employees. Silversmith acquired Digital Map Products in a recapitalization deal in August of 2016. According to the company, its users included Zillow, Google, Apple, CBRE and the State of California. READ MORE>>.

Product 124

Product Equity Tool Google 124

socalTECH

MAY 11, 2017

Financial details of the buy were not announced, but Owlchemy Labs had only raised $5M, in a funding in August of 2016. Qualcomm Ventures was a prominent backer of Owlchemy, along with HTC, The VR Fund, Colopl VR Fund, Capital Factory, and angels. READ MORE>>.

San Diego 124

San Diego Google Funding Capital 124

socalTECH

JANUARY 26, 2021

Traliant was founded in 2016, and says it has over 5,000 customers. Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

Xconomy

OCTOBER 5, 2016

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. Venture capital firms also are having no trouble raising funds. VC firms invested $14.99 billion in 1,810 U.S. 181 million (Series C).

Venture Capital 86

Venture Capital Activity Report Funding 86

Xconomy

MAY 4, 2017

That Q4 2016 edition of a quarterly survey by University of San Francisco business professor Mark Cannice rated the overall confidence of the VCs at 3.81 on a scale of 5—-a number that remains almost unchanged in the latest survey taken in March and published Thursday.

Venture Capital 65

Venture Capital Invest Allegis Artificial Inteligence 65

Xconomy

JUNE 27, 2017

That’s a sharp contrast to 2016, when uncertainty and doubt about the economy and presidential election clouded U.S. Improving economic fundamentals are stoking the IPO pipeline in the United States and elsewhere, according to a report issued Tuesday by the global consultant and accounting firm EY. billion in the United States.

Report 55

Report Marketing San Diego Company 55

Xconomy

JULY 19, 2016

For 2015, there were 133 information security M&A deals, according to 451 Research’s Tech M&A Outlook 2016. This has been evident with recent acquisitions beyond Symantec and Blue Coat – Avast and AVG, Cisco and CloudLock , IBM and Resilient Systems , and most recently Carbon Black and Confer. Why is this happening?

Symantec 40

Symantec IBM IBM Acquisition 40

Both Sides of the Table

MARCH 25, 2016

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Marketing with long payback is precisely what requires venture capital. But that’s harder to build in 2016 than it was in say 2005.

Startup 150

Startup Marketing Study SEO 150