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SensibleIoT Acquired By Montrose Environmental Group

socalTECH

Paso Robles-based SensibleIoT, a software developer which develops Internet-of-Things (IoT) software, has been acquired by Montrose Environmental Group, an environmental services company with more than 2,000 employees. Financial terms of the acquisition were not announced.

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Clearlake's Symplr Acquires SpinFusion

socalTECH

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. Financial details of the acquisition were not announced.

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Willdan Buys The Weidt Group

socalTECH

Financial details of the acquisition deal were not announced. The Weidt Group orivdes energy consulting and software development, focused on the energy and operational performance of new and existing buildings for utilities.

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Procore Set For $592M IPO This Week

socalTECH

Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business. billion market cap.

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Kyriba Finds $160M In Majority Private Equity Funding

socalTECH

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

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ServiceNow Buys SkyGiraffe

socalTECH

Santa Clara- and San Diego-based ServiceNow said on Wednesday that it has acquired San Mateo-based SkyGiraffe , a developer of a mobile software development platform. The company said it will embed SkyGiraffe's technology in its Now Platform in 2018. Financial details of the buy were not disclosed. READ MORE>>.

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Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. above its debut, up 31.34%. Piper Sandler & Co.,