socalTECH

AUGUST 19, 2021

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. Financial details of the acquisition were not announced.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

socalTECH

MAY 20, 2013

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said Vista Equity Partners will pay $24.75 per share in cash for the company. The deal is worth approximately $1 billion.

Equity 159

Equity San Diego Software Development Acquisition 159

socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013.

San Diego 100

San Diego Acquisition Equity Report 100

socalTECH

JULY 25, 2018

San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. Financial details of the deal were not announced.

San Diego 100

San Diego Equity Capital Software Development 100

socalTECH

OCTOBER 14, 2021

San Luis Obispo-based software developer Mindbody said on Wednesday that it has raised $500M in a strategic investment, and acquired ClassPass, a monthly subscription service which provides access to fitness and wellness experiences. According to Mindbody, the $500M investment came from an investment group led by Sixth Street.

Acquisition 113

Acquisition Equity Software Development Invest 113

socalTECH

AUGUST 16, 2021

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

San Diego Coach Sales Training 113

socalTECH

JANUARY 28, 2019

Santa Monica-based private equity investor Clearlake Capital and its portfolio company, Perforce Software , have acquired embedded software development tools provider Rogue Wave Software , the firms said last week. Perforce is a developer of source code control and other tools used by software developers.

Software 113

Software Santa Monica Software Development Equity 113

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. That majority private equity funding came from Bridgepoint. Financial details of the deal were not announced.

San Diego 113

San Diego Acquisition Equity Software Development 113

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.

Capital 113

Capital Equity Software Software Development 113

socalTECH

MAY 4, 2021

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 investment round firmly vaunts the company into unicorn territory. The investment round firmly vaunts the company into unicorn territory.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

OCTOBER 8, 2018

One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group , Minneapolis-based Perforce Software , has acquired cloud testing software developer Perfecto Mobile. Perfecto is a developer of cloud-based, automated mobile and web application test software.

Mobile 113

Mobile Capital Santa Monica Equity 113

socalTECH

JULY 29, 2021

San Diego-based marketing software developer SOCi annoucned on Thursday that it has acquired Brandify, a provider of location-based digital marketing. SOCi is led by CEO Afif Khoury, and is backed by JMI Equity. The company recently raised $80 From JMI Equity. The company recently raised $80 From JMI Equity.

San Diego 113

San Diego Equity Software Development Platform 113

socalTECH

APRIL 12, 2017

Ivanti , the IT automation software developer owned by Santa Monica-based private equity investor Clearlake Capital , announced this morning that it has acquired Concorde Solutions , a developer of software asset management (SAM) software-as-a-service. Financial terms of the acquisition were not announced.

Santa Monica 113

Santa Monica Equity Acquisition Software Development 113

socalTECH

JULY 18, 2014

In an unsurprising--albeit, still painful--move, San Diego-based fleet management software developer Omnitracs is moving its headquarters, and a significant number of jobs, to Dallas, Texas. omnitracs texas relocation rick perry vista equity jobs employment loss' Omnitracs was formerly part of Qualcomm. READ MORE>>.

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

AUGUST 15, 2017

Los Angeles-based market research provider MarketCast said on Monday that it has acquired Fizziology , a software developer focused on social insights and analytics for the media and entertainment industry. Financial terms of the acquisition were not announced. Fizziology was based in Indianapolis. READ MORE>>.

Social Media 113

Social Media Research Entertainment Equity 113

socalTECH

JANUARY 16, 2018

Los Angeles-based private equity investor OpenGate Capital has acquired Denver-based collaboration software developer Mersive , OpenGate said this mroning. Financial details of the acquisition were not announced. Mersive was backed by 3M New Ventures, and was originally created as a research project funded by DARPA.

Capital 113

Capital Equity Research Software Development 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

OCTOBER 26, 2021

Santa Monica-based private equity investor Clearlake Capital says that one if its portfolio companies, healthcare software developer nThrive, is acquiring TransUnion Healthcare. Financial details of the deal were not announced. According to ClearLake, nThrive has signed a definitive acquire TransUnion Healthcare, Inc.,

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

DECEMBER 12, 2014

Epicor , the enterprise software developer which has major operations in Orange County, said this week that it has acquired a cloud-based developer of management and e-commerce software called ShopVisible. ShopVisible is the second, retail e-commerce software company Epicor has acquired in the last two month.

Commerce 138

Commerce Orange County SaaS Equity 138

socalTECH

JANUARY 17, 2020

Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced.

Capital 100

Capital Equity Software Development Los Angeles 100

socalTECH

MAY 18, 2016

Accruent , the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed. Accruent was advised by Lazard in the acquisition. READ MORE>>.

Capital 113

Capital Constellation Ventures Innocal Santa Monica 113

socalTECH

JULY 5, 2016

Epicor , the enterprise software development firm which has significant operations in Orange County, has been sold to private equity investor KKR , the company announced Tuesday morning. Epicor had been in the hands of another, private equity investors-- Apax Partners.

Orange County 133

Orange County Equity Software Development Sales 133

socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. READ MORE>>.

Software 113

Software Capital Funding Santa Monica 113

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APRIL 21, 2020

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx , in a deal worth $1.15 billion, the company said on Monday. The company said it sold its interest in Checkmarx to Hellman & Friedman LLC , which was also joined by TPG in the deal.

Equity 113

Equity Software Development Los Angeles Software 113

socalTECH

JANUARY 10, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Perforce Software , a developer of version control software. Perforce was based in Minneapolis, MN, and had previously been owned by another private equity company, Summit Partners. READ MORE>>.

Software 100

Software Capital Santa Monica 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

socalTECH

FEBRUARY 2, 2017

Newport Beach-based CAD/CAM software developer MSC Software is being acquired by Stockholm, Switzerland-based Hexagon AB , in a deal worth $834M, Hexagon announced this morning. Hexagon said that MSC has over 1200 employees spread across 20 countries. Hexagon said that MSC has over 1200 employees spread across 20 countries.

Software 100

Software Software Development Equity Technology 100

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.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

Capital 113

Capital Report Santa Monica Software Engineering 113

socalTECH

MAY 6, 2015

San Clemente-based auto dealership software developer DealerSocket has acquired fellow automotive dealer management software company AutoStar Solutions , according to the company. AutoStar Solutions says it develops dealer management software for the "Buy Here Pay Here (BHPH)" market. READ MORE>>.

Equity 100

Equity Software Development Software Marketing 100

socalTECH

SEPTEMBER 8, 2010

Los Angeles-based CoreObjects Software , a provider of software development to both startups and other firms, has been acquired. a provider of software product engineering services based in Bangalore, India, it has acquired CoreObjects and its delivery centers in Bangalore and Pune, India. READ MORE>>.

Outsource Development 140

Outsource Development Palomar Outsource Los Angeles 140

socalTECH

APRIL 24, 2019

Corona, California-based Clubspeed , a software developer which develops software used by entertainment and activity centers to manage their business, has raised $20M in a funding round, according to investor Bellwether Financial Group.

Entertainment 113

Entertainment Tool Software Development Software 113

Tech Zulu Event

AUGUST 13, 2010

After starting three companies, I've found that some widely accepted advice lead me to failure while. Bootstrapping development, minimum viable product, startups. . You work in (or run) a services company. Intrapreneurship: Embracing Disruptive Innovation Within Your Company. Pedro Galván, Software Guru magazine.

Guide 69

Guide Startup Venture Capital Entrepreneur 69