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NEOGOV Finds Funding From Carlyle, Warburg Pincus

socalTECH

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. The company was founded in 2000.

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Stamps.com Acquires MetaPack For $230M

socalTECH

El Segundo-based Stamps.com announced this morning that it has acquired UK-based MetaPack Ltd. , a provider of e-commerce shipping software. MetaPack offers up its enterprise e-commerce shipping software to e-commerce customers.

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Accordent Acquired By Polycom

socalTECH

El Segundo-based Accordent Technologies , which develops presentation and webcasting management software for the enterprise, has been acquired by Polycom , Polycom said today. Polycom said it will use the acquisition to enhance its offerings. The deal was worth $50M in cash. The firm's CEO and co-founder is Michael C.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? The disruption is being led by companies that understand the importance of putting the customer first, a trend I always thought began in the US a long time ago with the entry of Lexus into the US car market. I doubt it.

Capital 113
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Interview with Jeb Spencer, TVC Capital

socalTECH

Last week, El Segundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. It was interesting to see the acquisition of Accordent - it seems unusual to have only put in $4M in to a company in so many years, and yet you had a good exit?

Capital 168