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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Therese Tucker, the founder and CEO of BlackLine, will continue to run the company. Financial terms of the investment were not announced. READ MORE>>.

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CreatorIQ Acquires Tribe Dynamics

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Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. Financial details of the acquisition were not announced. Igor Vaks is founder and CEO of CreatorIQ. Igor Vaks is founder and CEO of CreatorIQ.

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BlackLine Investors Look For More Liquidity In New Offering

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Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

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payvia Buys Mogreet

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Los Angeles-based mobile carrier billing service Payvia has acquired fellow Los Angeles firm Mogreet , the two companies said this morning. Financial details of the acquisition were not announced. Payvia is venture backed by Silver Lake Sumeru, Montgomery & Co., and Trinity Ventures. READ MORE>>.

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GoDaddy Selects NYSE For IPO Effort

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GoDaddy , the parent of Los Angeles-based website hosting service MediaTemple , said in a regulatory filing late Tuesday that is has selected the NYSE for its IPO. GoDaddy is backed by KKR, Silver Lake, and Technology Crossover Ventures. GoDaddy said that it hopes to trade under the ticker symbol GDDY. READ MORE>>.

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BlackLine Discloses Revenues: $10M to $30M

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Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from Silver Lake Sumeru. READ MORE>>.

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Payvia Becomes Outspoken, Focuses On Mobile Marketing

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Los Angeles-based Payvia , which is backed by Silver Lake Sumeru, said today that it has rebranded the company and refocused the company on SMS and MMS marketing. The company also said it has launched a new product, aimed at video transcoding for clients on a wide range of mobile devices.