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Classy: More Than $1.1 Billion Raised For Nonprofits

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San Diego-based nonprofit fundraising software developer Classy says that more than $1.1 The company has been developing tools to help nonprofits move donors to give on a recurring basis--more like a subscription--rather than just provide on-time donations. million in recurring donations in 2020.

San Diego 189
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K2 Insurance Services Buys Software Company Loss Run Pro

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San Diego-based K2 Insurance Services, which owns a number of insurance services companies, said it has acquired software developer Loss Run Pro. Loss Run Pro develops subscription-based software that helps request, track, and manage loss runs. Financial details of the acquisition were not announced.

Services 124
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Alteryx Expands Partnership With PwC

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Irvine-based analytics software developer Alteryx is expanding an existing relationship it has with accounting and consulting giant PwC, saying Thursday that the two are in a global expansion of a partnership they announced in February of 2020.

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Procore Launches IPO Effort, Targets NYSE

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Carpinteria-based construction management software developer Procore, which just launched an IPO effort, said today that it plans to list its common stock on the New York Stock Exchange under the ticker symbol PCOR. Proore reported a loss of $97M on revenues of $400.291M in 2020. Piper Sandler, Stifel, and William Blair.

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Seismic Names VP Inclusion

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San Diego-based sales enablement software developer Seismic said this week that it has named Donna DeBerry as its new Vice President, Inclusion. Seismic is one of Southern California's growing list of unicorns, having raised $92M in September of 2020 at a valuation of $1.6 Rowe Price.

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Procore Sets Initial Estimated IPO Pricing

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Carpinteria-based construction management software developer Procore has set its estimated initial IPO pricing, saying in a filing today that it now expects an initial offering price of betweenn $60.00 Procore initially filed for an IPO back in November of 2020. and $65.00

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Cornerstone OnDemand Acquires Saba For $1.395 Billion

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Santa Monica-based Cornerstone OnDemand has acquired fellow talent and human resources management software developer Saba , in a deal worth approximately $1.395 billion, the company said on Monday. The firm is paying a combination of cash and stock for Saba, and expects the deal to be complete in the second quarter of 2020.