socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. 2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. What was the biggest lesson you learned this year? Two big lessons in 2018.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. According to Vector Capital, Teletrac is currently providing network tracking of 200,000 vehicles across 87 countries.

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

JULY 30, 2014

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. billion GTCR Fund XI, with additional funding provided by GE Capital and CapitalSource. Financial terms of the buy were not disclosed. GTCR said the investment came from its $3.85

Windward 138

Windward SaaS Enterprise Partners San Diego 138

socalTECH

JUNE 11, 2021

Financial details of the acquisition were not announced. Restaurant365 said it was advised by William Blair and Goodwin Procter LLP in the deal; Compeat and its private equity backer, Serent Capital, were represented by Restaurant365. Compeat was based in Austin, Texas.

Equity 113

Equity Acquisition Software Capital 113

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

OCTOBER 9, 2012

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed.

Tech Coast Angels 140

Tech Coast Angels Capital Miramar Pasadena Angels 140

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. Aspire Software is based in St. Louis, Missouri. The Series G funding values ServiceTitan at $9.5 billion, according to the company.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

APRIL 8, 2019

Rock Solid is owned by private equity investor Strattam Capital. Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Financial terms of the merger were not announced.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

MARCH 6, 2013

The new features are an outgrowth of the evolution of CapLinked from providing its services to startups and venture capital firm, to large clients like Thomson Reuters, Sun Capital Partners, AI Verified, NextView Ventures, and Equity partners CRB. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. Cornerstone OnDemand is a developer of human capital and talent management software. READ MORE>>.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. We build product roadmap software – it’s a SaaS company based here in Santa Barbara, California. Semick: They are. I’ve been there.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

JUNE 28, 2012

ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday. READ MORE>>.

Pricing 150

Pricing Marketing San Diego Equity 150

Both Sides of the Table

SEPTEMBER 28, 2014

There are many times when being overly capitalized before you’re ready is a negative. We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. Availability of Capital. We want a strong balance sheet (um, ok.

Startup 383

Startup Company Companies .Net 383

socalTECH

JUNE 19, 2012

The firm is backed by JMI Equity and Sequoia Capital. ServiceNow, which is aiming to trade on the New York Stock Exchange AS NOW, provides software-as-a-service used for enterprise IT management. READ MORE>>.

Pricing 133

Pricing San Diego Equity Software 133

socalTECH

JUNE 27, 2012

per share, is backed by JMI Equity and Sequoia Capital. San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00

Pricing 145

Pricing San Diego Equity Invest 145

socalTECH

OCTOBER 31, 2012

The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). ServiceNow went public in June, pricing at $18.00 per share; the firm is now trading around $30.65 per share on the NYSE as NOW.

San Diego 138

San Diego Equity Pricing Sales 138

socalTECH

MARCH 31, 2012

ServiceNow is venture backed by JMI Equity and Sequoia Capital. The firm's IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit SUisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. The firm reported a net loss of $6.6M READ MORE>>.

San Diego 113

San Diego .Net Equity Report 113

socalTECH

APRIL 24, 2019

Bellwether said it joined Navadon Capital Partners in the $20M funding round, which gives the two companies a majority interst in Clubspeed. Clubspeed's software is used to manage both racing facilities and trampoline parks, handling everything from receipts and payments to offering up reporting tools and monile app.

Entertainment 113

Entertainment Tool Software Development Software 113

Tech Zulu Event

AUGUST 13, 2010

Jason Cohen, Capital Thought. Entrepreneurism / Monetization Cloud Computing, Entrepreneurism, SaaS. . The PepsiCo10 program in 2010 saw the company team up with Mashable and Highland Capital Partners to. Joshua Baer, Capital Factory. Entrepreneurism / Monetization acquisition, entrepreneur, internet. .

Guide 69

Guide Startup Venture Capital Entrepreneur 69

TechCrunch LA

APRIL 27, 2021

and OMERS Growth Equity. The investment also brings its total capital raised since its 2008 inception to $386 million. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” Rowe Price Associates Inc.

Platform 244

Platform Equity SaaS Los Angeles 244