Acquisition, Equity, Invest and Software Development - Southern California Tech Central

QAD In $2 Billion Private Equity Acquisition

socalTECH

JUNE 28, 2021

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. According to QAD, its shareholders will receive $87.50 per share in cash from Thoma Bravo, in an all-cash transaction.

Equity

Equity Acquisition Santa Barbara Resource

Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

DECEMBER 22, 2021

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. Financial details of the investment were not announced, however, Diversis said it provided a "significant growth investment" to SalesRabbit.

Acquisition

Acquisition Capital Sales Equity

Kyriba Finds $160M In Majority Private Equity Funding

socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2

Equity

Equity Funding San Diego Software Development

MediaAlpha Gets Private Equity Injection

socalTECH

FEBRUARY 4, 2019

Los Angeles-based programmatic advertising software developer MediaAlpha announced Monday afternoon that it has raised a new, strategic investment, from private equity investor Insignia Capital Group. Current investor White Mountain Insurance Group, Ltd. Current investor White Mountain Insurance Group, Ltd.

Equity

Equity Advertising Software Development Los Angeles

Mindbody Raises $500M, Acquires ClassPass

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

Acquisition Equity Software Development Invest

K1 Investment Management Buys Digital Pharmacist

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.

Invest

Invest Newsletter Social Media Equity

Kajabi Collects Massive $550M Round

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

Commerce Coach Course Equity

NEOGOV Finds Funding From Carlyle, Warburg Pincus

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.

El Segundo

El Segundo Funding Equity Education

Edlio Acquires Sangha, Raises $40M

socalTECH

MARCH 22, 2017

Los Angeles-based educational content management software developer Edlio said late Tuesday that it has acquired Sangha , the developer of a personalized, mobile parent interaction app. Sangha Co-Founders Pavan Batchu, Srivatsan Srinivasan and Srikanth Thadakamalla have all joined Edlio as paret of the acquisition.

Education

Education Acquisition Equity Content

Omnitracs Moves To Texas

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. in an investment in Omnitracs to spur the move, which takes 450 jobs out of San Diego. Omnitracs was formerly part of Qualcomm.

San Diego

San Diego Equity Acquisition Software Development

Perforce Software, Backed By Clearlake Capital, Finds New Funding

socalTECH

JULY 8, 2019

The company, based in Minneapolis, said the funding came from private equity investor Francisco Partners, and also included Clearlake Capital Group. Clearlake first made its investment in Perforce in late 2017. Size of the investment by Francisco Partners was not announced.

Software

Software Capital Funding Santa Monica

K1 Sells Interest In Checkmarx For $1.15 Billion

socalTECH

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 Checkmarx is a developer of security software for the DevOps market. billion, the company said on Monday. READ MORE>>.

Equity

Equity Software Development Los Angeles Software

Cornerstone OnDemand Raises $300M From Silver Lake

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. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

Silver Lake

Silver Lake Cornerstone OnDemand Software Review Santa Monica

The Gores Group Buys Zmags

socalTECH

JANUARY 23, 2014

Los Angeles-based private equity investor The Gores Group announced this morning that it has acquired Zmags Corp. , a Boston-based software developer which develops self-service, publishing tools aimed at magazine publishers, catalog publishers, and others. Financial terms of the buy were not disclosed. READ MORE>>.

Mobile

Mobile Equity Software Development Web

Building Your MVP as a Non-Technical Founder

SoCal CTO

FEBRUARY 13, 2013

Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. If you are on the lower complexity end, the key is defining small chunks of work that can be done quickly by a developer. The "Questions" post is probably the most important.

Technical Review

Technical Review CTO Hire CTO Coach Software Review

The Startup Guide To SXSW Panel Picking

Tech Zulu Event

AUGUST 13, 2010

Entrepreneurism / Monetization design, Recruiting, Software development. . It's generally thought that investment banking and management consulting are terrible backgrounds fo. Entrepreneurism / Monetization investment, latin america, startups. . Entrepreneurism / Monetization acquisition, entrepreneur, internet. .

Guide

Guide Startup Venture Capital Entrepreneur

Southern California Tech Central

QAD In $2 Billion Private Equity Acquisition

Diversis Capital Backs SalesRabbit, Eyes Acquisitions

Trending Sources

Kyriba Finds $160M In Majority Private Equity Funding

MediaAlpha Gets Private Equity Injection

Mindbody Raises $500M, Acquires ClassPass

K1 Investment Management Buys Digital Pharmacist

Kajabi Collects Massive $550M Round

NEOGOV Finds Funding From Carlyle, Warburg Pincus

Edlio Acquires Sangha, Raises $40M

Omnitracs Moves To Texas

Perforce Software, Backed By Clearlake Capital, Finds New Funding

K1 Sells Interest In Checkmarx For $1.15 Billion

Cornerstone OnDemand Raises $300M From Silver Lake

The Gores Group Buys Zmags

Building Your MVP as a Non-Technical Founder

The Startup Guide To SXSW Panel Picking

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