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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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International Rectifier Gets $100M In Credit Facility

socalTECH

El Segundo-based integrated circuit maker International Rectifier said this morning that it has raised $100M in four year, senior unsecured credit facility. The company said the facility will go towards working capital, acquisition, stock repurchases, and other general corporate use. READ MORE>>.

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Infrascale Raises $16.3M, Acquires Eversync

socalTECH

El Segundo-based Infrascale , which provides cloud-based data backup, disaster recovery, archiving, and other services, said today that it has raised $16.3M in a Series B funding, and also acquired EverSync, a developer of cloud-based backup appliances. The funding came from Carrick Capital Partners. READ MORE>>.

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JustFab Lands Huge, $76M Round For Fashion Startup

socalTECH

El Segundo-based JustFab , the fashion subscription site led by Adam Goldenberg and Don Ressler, announced Thursday morning that it has raised a gigantic, $76M in a funding round. The new funding for the site was led by Rho Ventures, and also included Matrix Partners, Technology Crossover Ventures, and Intelligent Beauty.

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Mixed Signals Acquired By Tektronix

socalTECH

El Segundo-based Mixed Signals , a developer of digital content monitoring products for the cable and satellite television, broadcast, and IPTV market, has been acquired by test equipment giant Tektronix. Tektronix announced the acquisition Monday morning, but did not disclose any financial details of the buy.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

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. Do we really need 5,000 venture funded ad/marketing tech companies selling into the same customers? I doubt it. Just maybe.

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How ConsumerTrack Has Created A Growing, Profitable--and Mostly Unknown Business

socalTECH

In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. How have you managed to build the company to the size you have without outside funding? Brett Rossman; Yes, we haven''t taken any money as of today.

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