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Perforce Software, Backed By Clearlake Capital, Finds New Funding

socalTECH

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. With the new capital, SpotOn has raised $628 million since its inception. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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YP Holdings Acquired By Dex Media

socalTECH

Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. READ MORE>>.

Media 208
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Clubspeed Acquired By Private Equity Investor Nadavon

socalTECH

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced.

Equity 113
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Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. You can see all of our holiday reflections here.

Capital 113
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Alteryx Seeks $200M In Debt Financing

socalTECH

Irvine-based Alteryx , the publicly held developer of data visualization and analytics software, said late Monday that it is seeking to offer $200M in convertible senior notes, which it says it will use for general corporate purposes, acquisition, and other "strategic transactions". READ MORE>>.

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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. 60% of all software is bought in the U.S., You can’t expand in the U.S.