TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed. billion valuation.

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socalTECH

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced.

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Equity Funding Technical Review San Diego 113

socalTECH

JANUARY 10, 2022

As part of the acquisition, mPulse Mobile said it has received a growth investment from growth equity firm PSG, along with existing investors Optum Ventures, OCA Ventures, HLM Venture Partners, Echo Health Ventures, SJF Ventures and Bonfire Ventures. Details of that funding were not announced by the company.

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Mobile Funding Equity Acquisition 113

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

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Capital Funding Santa Barbara Equity 100

Startup Professionals Musings

APRIL 17, 2023

Thus your startup maturity and growth stage is the primary key to success with potential funding sources. My invention and prototype works, but I need funding to continue.” They call first investments at this stage the “A-round,” and often follow with a B-round through G-round. Congratulations!

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Startup Professionals Musings

OCTOBER 26, 2020

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

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Invest Entrepreneur Venture Capital Funding 144

socalTECH

NOVEMBER 30, 2010

San Diego- and Baltimore-based private equity firm JMI Equity said today that it has closed on a $875M fund, JMI Equity Fund VII, L.P. JMI Equity said the new fund brings its to a total of $2.1 The firm was advised by Goodwin Procter LLP in the new fund. billion in committed capital.

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Equity Funding San Diego Acquisition 133

socalTECH

APRIL 30, 2019

San Diego-based Quality Built , a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. Size of the investment was not announced. READ MORE>>.

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Startup Professionals Musings

JULY 16, 2023

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

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Funding Startup Invest Venture Capital 72

socalTECH

AUGUST 14, 2013

According to NextSpace, its first expansion outside California comes via the acquisition of a coworking operator called The Coop. The investment came from a Chicago real estate and private equity investor, Lakewest, along with angels. nextspace venture capital coworking chicago coop merger acquisition' READ MORE>>.

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SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. Same Value for Sweat Equity as Investment Dollars?

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Equity CTO Hire Startup Examples 391

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 size of the investment--described as "significant"--was not announced. The company was founded in 2000.

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El Segundo Funding Equity Education 113

socalTECH

FEBRUARY 5, 2020

Financial terms of the buy--which was backed by private equity firm Apax Partners--were not announced. Accurate Background said it received an investment from Apax Digital Fund, the technology-focused growth equity fund advised by Apax Partners, to support the acquisition. READ MORE>>.

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Screening Equity Acquisition Funding 124

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. million in revenues.

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Software Capital Funding Equity 100

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. The Series G funding values ServiceTitan at $9.5 Aspire Software is based in St. Louis, Missouri. billion, according to the company.

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socalTECH

JANUARY 14, 2020

Carlsbad-based Medsphere Systems , a provider of healthcare information technology and software, has raised $40M in new funding from private equity investor TPG Sixth Street Partners, the company said this morning. The new funds will go towards organic growth as well as "opportunistic strategic acquisitions", according to the company.

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Software Equity Acquisition Organization 100

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. Clearlake first made its investment in Perforce in late 2017.

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socalTECH

SEPTEMBER 12, 2012

San Diego-based private equity firm TVC Capital , which is led by Jeb Spencer and Steven Hamerslag, has closed on a new, $75M growth equity and buyout fund, the firms said today. The new fund, TVC Capital II came from private equity fund of funds, institutional asset managers and family offices.

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Capital Funding Equity San Diego 133

socalTECH

MAY 27, 2021

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 which trades on the NASDAQ as PACX. Acorns is led by CEO Noah Kerner.

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Equity Acquisition Invest Funding 113

TechCrunch LA

JUNE 10, 2021

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 We’ve scaled up so massively in investments in our growth and technology, but running on a loss is very odd for us,” he told TechCrunch. “We

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Los Angeles Funding CIO Marketing 266

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

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Acquisition Software Review Technical Review Equity 168

socalTECH

OCTOBER 26, 2015

Los Angeles-based online real estate investing marketplace RealtyMogul.com said it has helped to finance the acquisition of a multi-tenant, medical office building in Hollywood, Florida. Size of the funding was not announced.

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socalTECH

JANUARY 28, 2021

Los Angeles-based electric vehicle developer Faraday Future is joining the rush to public markets through a Special Purpose Acquisition Company (SPAC), saying this morning that it plans to list on the NASDAQ through a merger with Property Solutions Acquisition Corp. The company says the equity value of the deal is approximately $3.4

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Acquisition Equity Los Angeles Invest 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 company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity.

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Commerce Coach Course Equity 113

Startup Professionals Musings

SEPTEMBER 6, 2019

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. First of all, it’s more of an investment in people than in a business, since the startup is usually an idea barely half-baked when they need your money. Fund an entrepreneur you know and trust.

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Invest Entrepreneur Startup Equity 89

socalTECH

JANUARY 12, 2011

San Diego-based private equity firm JMI Equity has backed Internet advertising firm Adknowledge , as lead on a $200M debt and equity financing round for that firm. Adknowledge, which is based in Kansas City, MO, said today that it raised $200M in debt and equity to fuel its growth and for future acquisitions, led by JMI Equity.

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Equity San Diego Advertising Acquisition 140

socalTECH

NOVEMBER 28, 2017

Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners. According to the companies, the funding will go towards funding acquisitions, as well as for organic growth.

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Equity Web Los Angeles Organization 153

socalTECH

JUNE 3, 2014

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company. Financial terms of the deal were not disclosed.

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Internet Brands El Segundo Equity Acquisition 208

socalTECH

FEBRUARY 12, 2020

Financial terms of the acquisition were not announced. Parchment , a company which provided records management, transcripts, grades, and other information for the K-12 and other markets--and which has its roots in the LA area--has been acquired by Brentwood Associates. READ MORE>>.

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Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Most investors admit that they invest in the people, as much as the solution.

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Funding Template Resource Competition 132

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

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Capital Technology Equity Acquisition 113

socalTECH

FEBRUARY 19, 2010

Los Angeles-based Rubicon Project , the online ad optimization firm headed by Frank Addante , announced this morning that it has hired investment banker Allen & Company. Rubicon also said in its announcement that it had year-over-year growth of 270%, and that during 2009 it made its first acquisition, of technology firm Others Online.

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Invest Clearstone Acquisition Advertising 133

socalTECH

MAY 17, 2019

Los Angeles-based Criteria Corp , a developer of a software-as-a-service employment analytics and pre-employment testing platform, said today that it has raised $56M in a strategic investment round, from private equity investor Sumeru Equity Partners. the majority funding round will go towards product innovation and growth.

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Equity Los Angeles Platform Invest 113

socalTECH

SEPTEMBER 9, 2021

Los Angeles-based mobile games developer JamCity is continuing its growth, saying on Wednesday that it has raise $350M in new funding, and acquired mobile game studio Ludia. Jam City said the new funding will help it continue its global expansion, and also help further its strategy to build out its portfolio of studios.

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Burbank Equity Mobile Los Angeles 113

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

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Equity Pricing Acquisition Report 69

Startup Professionals Musings

JUNE 6, 2022

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. First of all, it’s more of an investment in people than in a business, since the startup is usually an idea barely half-baked when they need your money. Fund an entrepreneur you know and trust.

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Startup Invest Equity Incubator 120

TechCrunch LA

MAY 25, 2019

Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone. Bev , a canned wine business that recently raised $7 million in seed funding from Founders Fund, thinks marketing in the alcohol industry is the problem. pic.twitter.com/DMEg88t4iO.

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Startup Venture Capital Newsletter Tips 223