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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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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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Invoca Names New VPs

socalTECH

Santa Barbara-based Invoca, which provides call tracking and marketing intelligence software, says it has named Paula Schmidlin as Senior Vice President, People & Culture, and promoted Ben Sullivan to Executive Vice President, Sales.

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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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Broadcom to Sell Veracode for $950M After $19B CA Technologies Deal

Xconomy

Broadcom is selling application security testing business Veracode for $950 million to private equity firm Thoma Bravo. Broadcom gained Veracode as a part of its blockbuster acquisition of CA Technologies. New York-based CA makes software and provides services for everything from IT management to app development to cybersecurity.

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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. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. READ MORE>>.

Capital 113
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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. The third area, are the private equity players.