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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. READ MORE>>.

Software 113
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Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

socalTECH

Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The company raised a similar fund , Core Innovation Capital II, LP, back in January of 2017. READ MORE>>.

Invest 133
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Mavenlink Names New CFO

socalTECH

Irvine-based cloud software developer Mavenlink has named a new CFO, saying this week that it has appointed Steve DeSantis to the position. DeSantis previously served at such companies as DATAllegro, Predixion Software, Cloudvirga, and Nexiant, and the company said DeSantis took ShiftPixy public in 2017, and TCI Solutions in 2004.

Resource 113
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ChowNow Connects With $21M More

socalTECH

Los Angeles-based online ordering software developer ChowNow has raised $21M more in funding, in its Series C funding, according to the company. The funding came from 3L Capital and Catalyst Investors, and brings the company's total raised to $60M. Chowow is led by co-founder and CEO Chris Webb.

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EZ Texting Adds Atom Tickets' Checchi To Board

socalTECH

Santa Monica-based SMS marketing software developer EZ Texting says it has added Allison Checchi, the Chief Operating Officer of Atom Tickets, to its board of direcftors. Norman Happ is the CEO of EZ Texting, which is venture backed by Morgan Stanley Expansion Capital, Investor AB, and ROCA Partners. READ MORE>>.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? years of software development.