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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Rowe Price Associates Inc. and OMERS Growth Equity.

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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

Santa Barbara-based Theta Lake , a developer of security and compliance software which connects with Cisco Webex, Microsoft Teams, RingCentral, Zoom and other collaboration platforms, has raised $12.7M The company's seed funding was in January of 2019. in a Series A funding. READ MORE>>.

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CrowdStrike Gets Tops Ratings In Gartner Report

socalTECH

CrowdStrike , the developer of cloud-based, endpoint protection software which was started and continues to have major operations in Irvine, has scored a top rating in a report from industry analyst Gartner. Crowdstrike's flagship platform, Falcon, is used for endpoint protection in corporate systems.

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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Invoca Releases Updated Product

socalTECH

Santa Barbara-based Invoca , which develops call tracking and analytics tools, says it has released a new version of its software. The company says the release simplifies previously complex processes and makes data accessible across more platforms. Invoca is backed by Upfront Ventures, H.I.G. READ MORE>>.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

GrubMarket , which provides a B2C platform for consumers to order produce and other food and home items for delivery, and a B2B service where it supplies grocery stores, meal-kit companies and other food tech startups with products that they resell, is today announcing that it has raised $60 million in a Series D round of funding.

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Via is launching an on-demand public transit network in the city of Cupertino

TechCrunch LA

Via also partners with cities and transportation authorities, giving clients access to their platform to deploy their own shuttles. The city of Cupertino, home to Apple, SeaGate Technologies and numerous other software and tech-related companies, is one example of this. in early 2019.

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