socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. billion, according to the company.

Acquisition 113

Acquisition Equity Los Angeles Software 113

Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

socalTECH

FEBRUARY 20, 2019

Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital. READ MORE>>.

Capital 113

Capital Equity Software Software Development 113

socalTECH

SEPTEMBER 17, 2020

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced. READ MORE>>.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

JANUARY 3, 2019

Whether it is not achieving company goals, hiring the wrong people or failing to execute on strategy or product roadmap, staying positive, intellectually honest and agile in the face of turmoil is critical. I think my ten active portfolio company CEOs and my colleagues at TVC will appreciate the evolving approach.

Capital 113

Capital Southern California El Segundo SaaS 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 company was founded in 2000. The size of the investment--described as "significant"--was not announced.

El Segundo 113

El Segundo Funding Equity Education 113

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

APRIL 8, 2019

Rock Solid is owned by private equity investor Strattam Capital. The company's app lets residents of citizens report issues, including things like potholes, graffiti, broken street lights, and more. Financial terms of the merger were not announced. CitySourced was founded in 2009, and is led by CEO Jason Kiesel.

Technology 160

Technology Equity Los Angeles Mobile 160

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. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

MARCH 11, 2019

Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M. Digital Pharmacist, which is based in Austin, Texas, had been backed by LiveOak Venture Partners.

Invest 113

Invest Newsletter Social Media Equity 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. What makes their story more remarkable, in the age of 20-something billionaires, is that both of the company’s founders are in their 50’s.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

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 said the investment came after a "review of strategic alternatives", including both solicited and unsolicited interest in the company.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

Tech Zulu Event

DECEMBER 30, 2011

Topics of discussion will be Saas, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2012, creating value with your company, hiring problem solvers, and building sensible businesses. OrangicStartup’s is a company that helps Internet startups start. There will be plenty of FREE Pizza and drinks!

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

socalTECH

OCTOBER 31, 2012

San Diego-based ServiceNow is looking to sell $300M in a secondary IPO offering, according to a filing made by the company Wednesday. The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). The firm said it will not receive any proceeds from the sale by the selling stockholders.

San Diego 138

San Diego Equity Pricing Sales 138

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

InfoChachkie

FEBRUARY 24, 2011

Seth attended UCSB but dropped out to start a denim company. . 8 ) SocialStay is effectively a B-to-B, SaaS product that requires you to simultaneously speak to several audiences (hotels, travelers, travel sites, etc.). In the beginning, when there is nothing, it’s easy to make promises or throw around equity. Write it down….

Startup 233

Startup Design Mobile Social Network 233

Tech Zulu Event

AUGUST 13, 2010

After starting three companies, I've found that some widely accepted advice lead me to failure while. You work in (or run) a services company. Intrapreneurship: Embracing Disruptive Innovation Within Your Company. The last couple of years have seen a significant increase in IT and interactive companies placing be.

Guide 69

Guide Startup Venture Capital Entrepreneur 69

TechCrunch LA

APRIL 27, 2021

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. and OMERS Growth Equity. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 Image Credits: Clio.

Platform 244

Platform Equity SaaS Los Angeles 244