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L Squared Sells Portfolio Company, Learners Edge

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Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers. READ MORE>>.

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Online Entrepreneurs: Get Sales Tax Compliant For 2016

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One of the reasons I know way more about online sales taxes than I ever thought I would is due to Rincon Venture Partners’ investment in TaxJar , one of the leaders in this emerging space. Taxes may not be fun, but I am proud to be affiliated with a company that takes much of the pain out of the process.

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TaskUs Names Sales VP

socalTECH

Los Angeles-based TaskUs , which provides business process outsourcing, said this week that it has named Jarrod Johnson as Senior Vice President of Sales. Johnson was most recently SVP of Sales, Marketing, and Client Development at FacilitySource, and also had served at IBM and Xerox. Johnson will be based in Dallas. READ MORE>>.

Sales 113
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. In 2016, our Santa Monica office more than doubled market share of early-stage companies. Though we bank companies large and small around the globe, here in L.A.

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Reflections on 2016: Jeb Spencer, TVC Capital

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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. But before you think of moving out of SoCal, our 19th deal also closed in 2016, and this was a growth equity investment in Brentwood based Docupace Technologies. Optimism yields risk taking.

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Inseego's Novatel Wireless Sales Saga Continues

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San Diego-based Inseego , which develops telematics and fleet management products, gave an update to its sale of Novatel Wireless to Chinese company Jade Ocean Global Limited , a subsidiary of T.C.L. However, the company has been stymied in CFIUS review both with the current, as well as past U.S. Industries Holdings (H.K.)

Sales 113
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Chrome River Says It Books Record Sales Quarter

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Los Angeles-based Chrome River , which develops expense and invoice management software, said this morning that it had its largest first-quarter sales in the company's history. The company is backed by Great Hill Partners, which invested $100M in the company in 2015. It says it now has more than 600 customers.

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