socalTECH

NOVEMBER 2, 2017

Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud , a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology.

Capital 140

Capital Santa Monica Venture Capital Invest 140

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

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

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 founded in 2000, and was acquired by VMware in 2011; Digital Fuel was then acquired by Skyview Capital in 2016. Financial details of the buy were not announced.

Equity 113

Equity Los Angeles Capital Software 113

socalTECH

APRIL 12, 2017

Irvine-based NextGen Healthcare Information Systems , a provider of electronic health records software which is owned by Quality Systems, said this morning that it has agreed to acquire Entrada , a Nashville-based provider of cloud-based mobile apps for the electronic health records (EHR) market.

Mobile 113

Mobile Software Marketing Company 113

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

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. funding round for Docupace in 2016. Financial terms of the sale were not announced. READ MORE>>.

Capital 113

Capital San Diego Equity Los Angeles 113

socalTECH

OCTOBER 18, 2017

Carlsbad-based electronic health records software developer Medsphere Systems Corporation , and St. Medsphere has been slowly growing the company through similar mergers; the company merged with IT solutions provider ChartLogic in June of 2016, and merged with IT outsourcing provider Phoenix Health Systems back in 2015. READ MORE>>.

Outsource Development 113

Outsource Development Outsource Software Development Tool 113

TechCrunch LA

MAY 24, 2022

Since the launch of Pokémon Go in 2016, players have been coordinating meetups, in-game raids and battles on platforms like Reddit and Discord. With the help of Niantic’s recent 8th Wall acquisition , these features will also be available in mobile web browsers.

Snapchat 177

Snapchat Platform Los Angeles Mobile 177

socalTECH

JULY 18, 2017

Another, cybersecurity software company in Orange County, Cylance, is backed by Blackstone Tactical Opportunities, Insight Venture Partners, along with In-Q-Tel, Capital One, Dell Ventures, DFJ Growth Fund, FairHaven Capital Partners, Khosla Ventures, KKR, and TenEleven Ventures. Cylance (www.cylance.com). Honest Company (www.honest.com).

Southern California 133

Southern California Orange County SpaceX Santa Barbara 133

socalTECH

MAY 21, 2020

FMG Suite is a developer of cloud-based marketing automation software specifically for financial services professionals and advisors. K1 acquired FMG Suite back in 2016, and since there rolled up five other companies into FMG Suite, Advisor Launchpad, Advisors Assistant, Agency Revolution, MarketingPro and Platinum Advisor Strategies.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

DECEMBER 4, 2017

Some of the early investors in Woodland Hills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock.

Silver Lake 113

Silver Lake Woodland Hills Software Development Pricing 113

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. NetMotion Wireless develops mobile security software for mobile devices, and was based in Seattle. Financial terms of the sale was not announced.

Capital 100

Capital Santa Monica Mobile Equity 100

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. Owlchemy Labs , developer of such virtual reality games as Rick and Morty: Virtual Rick-ality, has been acquired by Google , the two announced on Wednesday. READ MORE>>.

San Diego 124

San Diego Google Funding Capital 124

Xconomy

OCTOBER 17, 2018

Boston-based Cybereason has formed a partnership with Arm, the dominant developer of computer chip architecture, which was acquired by SoftBank in 2016. based Arm unveiled the IoT management hub in August, as it also announced its related acquisition of Mountain View, CA-based data management company Treasure Data. Cambridge, U.K.-based

Services 85

Services Web Tool Platform 85

socalTECH

JUNE 21, 2019

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

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

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

Xconomy

APRIL 12, 2017

Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the San Diego mobile app developer. Lymber, named as a 2017 Xconomy San Diego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes.

San Diego 75

San Diego Class Mobile Platform 75

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

Despite the slowdown in venture dollars and deal flow, 2016 is still on pace—with roughly $56 billion invested in 5,997 deals so far this year—to end the year with more than $70 billion invested nationwide. PitchBook data also shows a nearly 29 percent decline in year-over-year funding, from the $21.1 181 million (Series C).

Venture Capital 86

Venture Capital Activity Report Funding 86

socalTECH

MARCH 13, 2018

BlackLine had its IPO in October of 2016. The new offering comes only a few months after an earlier, public offering by those same investors, which was made in November of last year. Silver Lake Sumeru is looking to sell around 6.1M

Silver Lake 113

Silver Lake Los Angeles Invest Funding 113

socalTECH

MAY 9, 2016

The filing is the first IPO filing for a Southern California technology firm so far in 2016. The IPO is being underwritten by Jeffries, Cowen and Company, First Analysis Securities Co., NantHealth reported a net loss of $71.6M in total revenues for 2015. READ MORE>>.

Culver City 100

Culver City Southern California .Net Report 100

InfoChachkie

SEPTEMBER 20, 2016

However, savvy startups can leverage LinkedIn to create a customer acquisition and a churn reduction tool. It’s not about helping them use our software. Treating customers as true collaborators helps breakdown the Us vs. Them dynamic that is often present between software vendors and their customers.

Customer 100

Customer Custom Software Review Technical Review 100

Both Sides of the Table

SEPTEMBER 10, 2015

My partner Greg Bettinelli is an avid sports fan who throughout his career has developed an expert understanding in online ticketing (at eBay has was a champion of the StubHub acquisition) and online marketing. If you’re interested in sports tech (or want to argue with a 49ers fan) you should definitely follow Greg.

Startup 150

Startup Outsource Development Mobile Southern California 150

Startup Professionals Musings

NOVEMBER 7, 2016

In enterprises, performance objectives are usually tied to internal processes, rather than beating competitors, customer acquisition, and revenue growth. Even with these extra challenges, the IBM PC was developed and delivered in eighteen months – at that time faster than any other mixed hardware and software product in IBM’s history.

IBM 85

IBM IBM Entrepreneur Technical Review 85

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

Startup Professionals Musings

JUNE 22, 2016

If Bill Gates has agreed to be on the board of your software startup, that’s major traction, even with no paying customers. Use experiments to test every element of your business model – cost, price, marketing, sales channel, customer acquisition cost, lead conversion rate, and lifetime value. Traction and growth are not about emotion.

Metrics 57

Metrics Funding Startup Customer 57

Xconomy

SEPTEMBER 7, 2016

For the cybersecurity industry, 2016 is shaping up to be the year of alliances. There have been a series of tie-ups, as security-tech companies try to boost their businesses and amplify their products via acquisitions. The C³ Alliance is led by CyberArk, and SecureAuth and SailPoint are also members of that group.

Press 40

Press Symantec Organization IBM 40

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

Xconomy

SEPTEMBER 16, 2016

A cybersecurity report by Ponemon Institute, in association with Keeper Security, found that in the 12 months leading up to June 2016, 55 percent of small and medium-sized businesses (SMBs) experienced a cyber attack, while 50 percent encountered data breaches involving customer and employee information.

Startup 40

Startup Framework Statistics Customer 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). Sam did all this analysis before even deciding to build V1 of his software and before we put serious money behind him launching.

Startup 150

Startup Marketing Study SEO 150

Xconomy

JULY 1, 2016

Here we are at the midpoint of 2016 already. No PhD, “No Fear”: Alice Zhang, 27, Aims Software at Neuro Diseases. Jeff Engel maps out New England’s cluster of cybersecurity companies—one of the region’s strengths (and a rich source of acquisition targets). A Front Row 5,000 Rows Deep in AltspaceVR’s Virtual Theater.

Artificial Inteligence 40

Artificial Inteligence Layoffs Report Startup 40

Xconomy

JANUARY 19, 2018

The national origins of tech devices and services wasn’t a front-burner question—at least for the general public—until the issue came up at a Senate Intelligence Committee hearing in May on Russia’s suspected hacking of the 2016 presidential election. Leaders of six U.S. Read more » Reprints | Share:

Technical Review 49

Technical Review Software Review Software Technology 49

Startup Professionals Musings

FEBRUARY 22, 2019

They are painfully aware that tenure on the list of S&P companies is shrinking – from thirty-three years back in 1964, down to twenty-four in 2016, and predicted to be just twelve by 2027. Because fostering entrepreneurship internally is hard, many companies have now shifted their innovation focus to acquisitions and partnerships.

Company 93

Company Companies Software Review IBM 93

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