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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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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. One of our SaaS companies made great strides with a new product. Two lessons learnedand relearned!

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Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. And its software monitors and manages the full spectrum of the customer relationship with that product. What is it that they want to achieve and why did they buy my product.

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Drata Takes $25M For Security, Compliance Software

socalTECH

San Diego-based Drata, a startup working on security and compliance automation software, said it has raised $25M in its Series A funding. The company said its founders previously started a company called Portfolium, which was acquired by Instructure in 2019. Photo: Drata's founders).

Software 113
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Past investors also included Y Combinator, where GrubMarket was part of the Winter 2015 cohort), and for some more context, GrubMarket last raised money in April 2019 , $28 million at a $228 million valuation, a source says. ” I don’t doubt that he means it. Its opportunity comes in the form of disruption and a gap in the market.

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Reflections on 2018: Peter Cowen, Sutton Capital Partners

socalTECH

Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference, which we co-host every year. More in-person contact is one of my 2019 goals. We expect some big things in 2019.

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COVID-19 Shifts Business Expenses, Says Report

socalTECH

A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. Acording to the report, spending on food delivery services grew by 110% annually, with DoorDash representing 36% of expenses submitted, with 25.1%

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