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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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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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SecureAuth Raises $200M

socalTECH

El Segundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software.

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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. Stamps.com said it paid approximately $230M for MetaPack, funded entirely from its current cash balances.

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Fetch Technologies Sold To Connotate

socalTECH

El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. in funding.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? Things seem to be moving faster in technology than ever before.

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