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. Clearlake Capital acquired NetMotion Wireless back in 2012. Financial terms of the sale was not announced. READ MORE>>.

Capital 100

Capital Santa Monica Mobile Equity 100

socalTECH

DECEMBER 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from Southern California's technology ecosystem. Wannier has chaired Boards of Directors and as CEO built companies in four different industries: Education Technology, Consumer Electronics, Information Management Software and Fashion/eCommerce.

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MyShape Southern California Education News 113

socalTECH

MARCH 2, 2017

VeloCloud Networks a , a developer of software defined, wide area networking (WAN) technology which is backed by Santa Monica-based March Capital Partners, has raised $35M in a big funding round, the company announced today. VeloCloud was one of the first disclosed investment in March Capital's first fund.

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Capital Santa Monica Networking Invest 100

socalTECH

JANUARY 28, 2020

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

Artificial Inteligence 124

Artificial Inteligence San Diego Acquisition Tool 124

socalTECH

JANUARY 24, 2018

Santa Barbara-based venture capital investment firm Rincon Ventures is part of a new funding round for quality assurance software developer Rainforest QA. Rincon invested in Rainforest QA's Series A round back in 2016. Rainforest is based in San Francisco. Rainforest is based in San Francisco. READ MORE>>.

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Santa Barbara Venture Capital Software Development Capital 147

socalTECH

DECEMBER 28, 2017

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

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Capital Southern California SaaS SoCal 124

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. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced. READ MORE>>.

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San Diego Invest Equity Los Angeles 113

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>>.

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Equity Los Angeles Software Sales 113

socalTECH

APRIL 12, 2019

Irvine-based Mavenlink , a startup which develops business process management software and related tools for services businesses, has raised $48M more, in a Series E funding round. The funding came from Carrick Capital Partners and Goldman Sachs Growth Equity.

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Orange County Tool Equity Resource 113

Xconomy

FEBRUARY 15, 2017

The final numbers on 2016 fintech funding deals are in from New York-based research firm and investment database CB Insights, and venture capitalists seem to be cooling on the industry. billion in venture capital across 836 investments last year. That is down 13 percent from a peak in 2015, when global fintech investment soared to $14.6

Venture Capital 59

Venture Capital Report Research Activity 59

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

MAY 1, 2017

Kyriba , which develops cloud-based treasury management software, and was founded in San Diego, said over the weekend that it is in an expansion in Southern Europe, particularly in Italy and Spain. The company said its growth rates between 2015 and 2016 in the countries are 166 percent for Italy and 67 percent for Spain.

San Diego 100

San Diego Capital Software Networking 100

socalTECH

APRIL 27, 2020

Lead Inclusively said the new funding will go towards further developing its software-as-a-service platform, which is says is focused on "the science of behavior change and habit formation." Denise Hummel is the founder and Chief Executive Officer of Lead Inclusively, which was founded in 2016. READ MORE>>.

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San Diego Equity Platform Funding 124

socalTECH

SEPTEMBER 24, 2019

Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle.

Artificial Inteligence 133

Artificial Inteligence Customer Custom Tool 133

socalTECH

JULY 16, 2019

Santa Monica-based Casetabs , a developer of cloud-based software used for surgical case coordination, has raised $3M in a funding round, the company said on Tuesday morning. The company was foudned in 2016, and says it is now used in more than 200 surgical facilities and 1,500 physician practices. READ MORE>>.

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Santa Monica Software Funding Develop 113

socalTECH

MARCH 20, 2019

Boost.ai , a European startup which is developing conversational artificial intelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. was founded in 2016. READ MORE>>.

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Santa Monica Artificial Inteligence Software Invest 127

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.

Startup 40

Startup Santa Monica Venture Capital SaaS 40

socalTECH

DECEMBER 11, 2019

San Diego-based XOKind , a new startup focused on building artificial intelligence software for the travel market, has raised $1.6M Nervana Systems was acquired in 2016 by Intel. Section 32 is the venture capital fund led by former Google Ventures CEO and founder Bill Maris, which is also based in San Diego. READ MORE>>.

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Artificial Inteligence San Diego Seed Funding Social Media 100

SoCal Tech Calendar

NOVEMBER 9, 2016

Tuesday, November 15, 2016 -- Fireside Chat With VC Mark Terbeek - Partner At Greycroft Partners. Greycroft Partners is one of LA's leading venture capital firms, which has $800 million under management. Mark focuses on investment opportunities in the digital media sector, with an emphasis on online video and infrastructure software.

Venture Capital 100

Venture Capital Media Invest Software 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

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).

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Southern California Orange County SpaceX Santa Barbara 133

socalTECH

OCTOBER 29, 2015

La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor.

Seed Funding 100

Seed Funding Google Funding Tool 100

Xconomy

OCTOBER 25, 2016

According to the National Venture Capital Association and PitchBook , this past quarter $15 billion was invested in 1,810 deals , which compares unfavorably to both the prior quarter ($22.1 Have investors drifted, becoming less dogmatic about hitting interim milestones with as little capital as possible? history (admittedly, at 2.1

Venture Capital 40

Venture Capital Capital Activity Invest 40

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? Dave Terry: It's just part of our heritage.

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Software Report Startup IBM 100

socalTECH

MAY 22, 2019

Los Angeles-based venture investor Upfront Ventures unveiled one of its new startups on Wednesday, a company which has been in stealth mode since 2016.

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Duarte Startup Seed Funding Los Angeles 113

Startup Professionals Musings

JANUARY 27, 2016

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. Patent offices can’t keep up with software technology.

Patents 53

Patents Software Review Software Technical Advisors 53

Xconomy

JANUARY 11, 2017

billion (across 138 deals) in 2016. While we’re looking at venture deal numbers from the past year , let’s consider the education technology industry, which isn’t broken out by sector in the general reports I’ve seen. A recent study by EdSurge , an edtech information firm, shows venture funding for U.S.

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Funding Education Venture Capital Study 40

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>>.

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San Diego Google Funding Capital 124

Tech Zulu Event

DECEMBER 31, 2015

We can’t give you a recipe for success, but here are 10 ways to lower your startup’s expenses and free up capital in 2016. Office equipment is a huge startup expense that eats away at your working capital. The post 10 Ways Startups Can Reduce Expenses in 2016 appeared first on TechZulu. Lease, don’t buy.

Startup 40

Startup Cloud Computing Tool Pricing 40

TechCrunch LA

AUGUST 9, 2022

This round is being led by Point72 Private Investments, with previous backers Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners also participating. Roughly half used some software on premises or in the cloud, but none of it did the trick both for the salons or their customers.

Help 195

Help Startup UCLA Tool 195

socalTECH

JUNE 22, 2016

Aliso Viejo-based semiconductor developer Microsemi has made an investment in San Juan Capistrano-based Veracity , a developer of industrial, network security software, as part of a collaboration in the Internet-of-Things (IoT) market. Financial details of the investment were not announced. in a funding. READ MORE>>.

Invest 113

Invest Networking Funding Software 113

TechCrunch LA

OCTOBER 9, 2018

Fifth Wall led the company’s Series A round, which also included the new investor Global Founders Capital and previous investors First Round Capital, Base 10 Ventures, Capital Theory and Village Global. The two men began planning the business in 2016 and only launched the service in the beginning of this year.

Startup 191

Startup Los Angeles Capital Pricing 191

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

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).

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Artificial Inteligence Tech Coast Angels Funding IBM 170

Xconomy

MAY 14, 2019

CrowdStrike , the cybersecurity company that identified the two Russian government-linked hacker groups that invaded the Democratic National Committee (DNC)’s network during the 2016 presidential campaign, filed publicly for an initial public offering on Tuesday.

Company 46

Company Companies Networking Software 46