socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Two big lessons in 2018. Whether it is not achieving company goals, hiring the wrong people or failing to execute on strategy or product roadmap, staying positive, intellectually honest and agile in the face of turmoil is critical.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

DECEMBER 31, 2018

Editor's note: As we head into the new year, we've been featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your company in 2018? It is truly an amazing company with HUGE potential. READ MORE>>.

Venture Capital 113

Venture Capital Capital Southern California News 113

socalTECH

DECEMBER 31, 2018

Editor's note: As we head into the new year, we've been featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. fact, turns out it is much, much harder than raising money for an early stage company. What was the biggest news for your firm in 2018?

Capital 113

Capital Venture Capital News Patents 113

socalTECH

DECEMBER 27, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your company in 2018? You'll be able to browse all of those contributions here.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

socalTECH

DECEMBER 27, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. One theme I saw repeatedly this year was companies continuing to do things the same way, ultimately getting the same results.

Dollar Shave Club 113

Dollar Shave Club Tsavo Userplane Malibu 113

socalTECH

DECEMBER 27, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Nearly every day our 50+ LPs are creating real and measurable value for our early stage healthcare companies. Thats an easy one.

Pasadena 124

Pasadena Startup Southern California Santa Monica 124

TechCrunch LA

MAY 31, 2022

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15

Software 163

Software Startup Venture Capital Funding 163

socalTECH

JANUARY 2, 2019

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. What was the biggest news for your company in 2018? We continue to focus on companies with Recurring Revenue (SaaS, Subcription) and in FinTech.

Capital 113

Capital Southern California Technical Review SaaS 113

socalTECH

DECEMBER 31, 2018

Editor's note: As we head into the new year, we've been featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your company in 2018? You'll be able to browse all of those contributions here. You'll hear about it soon.

Invest 154

Invest Southern California Startup Incubator 154

socalTECH

DECEMBER 21, 2018

Irvine-based property information provider CoreLogic said late Thursday that it has launched an effort to exit "certain legacy non-core software units" at the company. According to the firm, it is looking to exit its loan origination software unit and its "legacy default management" related platforms over the next 24 months.

Software 113

Software Platform Help Company 113

socalTECH

DECEMBER 31, 2018

Editor's note: As we head into the new year, we've been featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your company in 2018? You'll be able to browse all of those contributions here.

Southern California 100

Southern California News Class Writing 100

socalTECH

DECEMBER 26, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

Southern California 113

Southern California SoCal Pasadena Startup 113

Xconomy

DECEMBER 27, 2018

2018 was a year of ups and downs for the business and technology community. It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall.

Artificial Inteligence 98

Artificial Inteligence Acquisition Technology Funding 98

Xconomy

JANUARY 22, 2019

Editor’s note: This is part of a series of posts sharing thoughts from industry and technology leaders about 2018 trends. A great example of that success for us here in the ecosystem is StockX and its success in 2018. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Examples 91

Examples Startup Funding Technology 91

socalTECH

APRIL 25, 2016

Pasadena-based Guidance Software said Friday that it has settled the proxy fight it had with its former Chairman and founder, Shawn McCreight. The company said that McCreight will vote for the company's current slate of director noimnees, and drop his litigation against the company--as well as agree to a "Standstill" through January 2018.

Software 100

Software Pasadena Tool Develop 100

socalTECH

AUGUST 10, 2021

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. SensibleIoT was founded in 2018 by Charles Beach.

Acquisition 113

Acquisition Software Development Software Services 113

socalTECH

AUGUST 19, 2021

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. Symblr develops governance, risk management, and compliance software-as-a-service, used for enterprise healthcare operations.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

JANUARY 7, 2021

Los Angeles-based accounting software developer Blackline has promoted Mark Woodhams to the position of Chief Revenue Officer, the company said on Wednesday. BlackLine develops software which automates account reconciliation and other typically manual operations for accounting departments.

Oracle 113

Oracle Software Development Los Angeles Software 113

socalTECH

MAY 17, 2021

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.

Santa Barbara 113

Santa Barbara Software Development Software Marketing 113

socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018.

San Diego 124

San Diego Equity Software Development Software 124

Xconomy

NOVEMBER 5, 2018

Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

Software 89

Software Acquisition .Net Pricing 89

socalTECH

SEPTEMBER 21, 2021

Los Angeles-based Savyint, which develops identity and access management software for the enterprise market, has raised $130M in a new financing, according to the company. The company says it has now raised $170M in total capital. The company said it will use the funding to grow its investments in R&D and personnel.

Equity 113

Equity Los Angeles Invest Capital 113

socalTECH

JULY 9, 2020

San Luis Obispo-based Mindbody , which develops software for the wellness and spa industry, said that its co-founder and CEO, Rick Stollmeyer, is shifting to the position of Executive Chair. According to the company, it has appointed current President Josh McCarter to CEO. The appointment will be effective on August 1st.

Chief Technology Officer 124

Chief Technology Officer Software Sales Marketing 124

socalTECH

AUGUST 18, 2020

Los Angeles-based software developer SmartAction , which develops conversational, AI-powered virtual agents for contact centers, said this morning that it has named Gary Davis as its CEO. Davis was previously the company's President, and earlier had served as Chief Operating Officer. READ MORE>>.

Equity 113

Equity Software Development Web Los Angeles 113

Tech.Co

JANUARY 4, 2018

It doesn’t matter if you start a company in a coworking space, a dorm room or on your couch, the struggle to build a tech business in this day and age is real. For many founders, getting noticed by investors, potential customers, incubators and other companies, is a necessity to take your product to the next level.

Startup 70

Startup High Tech Product Design 70

Xconomy

JANUARY 9, 2019

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. billion into companies. billion into companies. startups collectively took in more than $100 billion. That was about 500 fewer deals than in the year prior, but the total amount invested increased by $47.9

Venture Capital 86

Venture Capital Invest Capital Report 86

socalTECH

MAY 20, 2021

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 Stifel, Nicolaus & Company, and William Blair & Company. Stifel, Nicolaus & Company, and William Blair & Company. Piper Sandler & Co.,

Santa Barbara 113

Santa Barbara Software Development Pricing Capital 113

TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The list of new companies include: Brightly — an Oakland, Calif.-based based media company angling to be the conscious consumer’s answer to Refinery29. Hardworkers — a Cambridge, Mass.

Artificial Inteligence 331

Artificial Inteligence Social Network Los Angeles Snapchat 331

socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

Capital 113

Capital Report Santa Monica Software Engineering 113

socalTECH

MAY 20, 2021

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The company starts trading this morning on the New York Stock Exchange under the symbol PCOR. Stifel, Nicolaus & Company, and William Blair & Company.

Pricing 113

Pricing Santa Barbara Software Development Capital 113

socalTECH

FEBRUARY 23, 2021

Chatsworth-based DDN, which develops high performance computing storage and artificial intelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.

Artificial Inteligence 113

Artificial Inteligence Chatsworth Report Research 113

Tech.Co

MARCH 1, 2018

And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. Once uploaded, the company safeguards the data in their secure cloud.

Startup 79

Startup Mentor Platform Help 79

socalTECH

FEBRUARY 10, 2021

Irvine-based Viant, which develops advertising software, had a successful IPO on Wednesday, selling 10 million shares of its stock at $25 per share last night, above its initial estimated IPO price of $19.00 The company jumped all the way to $47.72 in 2018, and the acquisition of Adelphic in 2017.

Acquisition 113

Acquisition Advertising Pricing Software 113

socalTECH

OCTOBER 26, 2017

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>>.

San Diego 164

San Diego Software Development Platform Mobile 164

socalTECH

JULY 27, 2020

Arrowroot Capital said it will continue to own a minority interest in the company. Arrowroot Capital has been an investor in SocialChorus since 2018. SocialChorus is based in San Francisco; Arrowroot's Kareem El Sawy has represented the company on the SocialChorus board. READ MORE>>.

Capital 113

Capital Santa Monica Equity Sales 113

socalTECH

DECEMBER 27, 2017

What was the big news for your company this year? Those three LA programs alone invested in a total of 38 companies this year. What are you looking forward to most in 2018? Applications for Techstars LA 2018 open on January 8. What was the biggest personal lesson you learned from 2017?

Press 193

Press Southern California Outsource Development Invest 193