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IBH Acquires Uprise

socalTECH

Financial terms of the acquisition were not announced. According to Uprise, Uprise provides its health services through self-guided modules, live coaching, and in-person therapy.

Coach 113
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Your board should protect you!

Berkonomics

They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth. Even venture capitalists who sit on boards where they have significant investments often forget this point.

Class 282
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Selling your business? Find the emotional buyer

Berkonomics

The object of a financial purchase is to negotiate a bargain, capable of payoff through operating profits or growth over time, or even of immediate profit from arbitrage – knowing of a purchaser that is willing to pay more for your company if repackaged, or even with no changes at all. This rare buyer needs your company.

Pricing 600
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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Financial details of that acquisition were not announced. Seismic has now raised $440M in total funding.

San Diego 113
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ServiceTitan Acquires Pointman

socalTECH

Los Angeles-based ServiceTitan , which develops a cloud-based software platform used by residential and commercial service contractors to manage their businesses, has acquired Pointman , a New York-based company that develops software for contractors. Financial terms of the acquisition were not announced. READ MORE>>.

Coach 113
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Kajabi Collects Massive $550M Round

socalTECH

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity.

Commerce 113
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Need investment capital?

Berkonomics

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 296