socalTECH

MAY 29, 2019

San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Financial details of the acquisition were not announced.

Equity 113

Equity San Diego Acquisition Invest 113

socalTECH

JUNE 10, 2021

San Diego-based private equity investor HCAP Partners announced today that it has provided a follow-on investment in TCS Healthcare Technologies, a provider of managed care softare, as part of an acquisition effort by TCS. Financial details of the acquisition and investment were not announced by HCAP Partners.

Acquisition 113

Acquisition Technology San Diego Equity 113

socalTECH

APRIL 15, 2019

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced. READ MORE>>.

Equity 113

Equity Entertainment Tool Acquisition 113

socalTECH

MARCH 6, 2013

The new features are an outgrowth of the evolution of CapLinked from providing its services to startups and venture capital firm, to large clients like Thomson Reuters, Sun Capital Partners, AI Verified, NextView Ventures, and Equity partners CRB. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

OCTOBER 23, 2020

One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group is on an acquisition roll, acquiring yet another company. Clearlake Capital said the acquisition was made with its support along with SkyKnight Capital. Financial details of the deal were not announced. READ MORE>>.

Santa Monica 113

Santa Monica Equity Acquisition Capital 113

socalTECH

JUNE 17, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Capital 113

Capital Technology Santa Monica Equity 113

socalTECH

FEBRUARY 20, 2019

Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital.

Capital 113

Capital Equity Software Software Development 113

socalTECH

JUNE 15, 2021

Financial details of the acquisition of MomentFeed were not announced. According to Uberall, the acquisition was made as part of a $115M investment from Bregal Milestone, Level Equity, and United Internet. MomentFeed was venture backed by Level Equity, Signia Venture Partners, Draper Nexus, and DFJ Frontier.

Draper 113

Draper Equity Acquisition Los Angeles 113

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. Aspire Software is based in St. Louis, Missouri. The Series G funding values ServiceTitan at $9.5 billion, according to the company.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 133

Capital Beverly Hills Artificial Inteligence Equity 133

socalTECH

JUNE 11, 2021

Financial details of the acquisition were not announced. Restaurant365 said it was advised by William Blair and Goodwin Procter LLP in the deal; Compeat and its private equity backer, Serent Capital, were represented by Restaurant365. Compeat was based in Austin, Texas.

Equity 113

Equity Acquisition Software Capital 113

Tech Zulu Event

DECEMBER 30, 2011

Topics of discussion will be Saas, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2012, creating value with your company, hiring problem solvers, and building sensible businesses. After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. 24 7pm at Coloft in Santa Monica.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

socalTECH

OCTOBER 9, 2012

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance.

Tech Coast Angels 140

Tech Coast Angels Capital Miramar Pasadena Angels 140

socalTECH

JANUARY 3, 2019

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. Industries are being shaken up by technology and SaaS companies at an incomparable rate. I'm trying to leave the hammer in the toolbox. Just maybe. READ MORE>>.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

APRIL 8, 2019

Rock Solid is owned by private equity investor Strattam Capital. Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Financial terms of the merger were not announced.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

JUNE 28, 2012

ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday.

Pricing 150

Pricing Marketing San Diego Equity 150

socalTECH

SEPTEMBER 17, 2020

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

JUNE 27, 2012

per share, is backed by JMI Equity and Sequoia Capital. San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 and $17.00

Pricing 145

Pricing San Diego Equity Invest 145

socalTECH

JUNE 19, 2012

The firm is backed by JMI Equity and Sequoia Capital. San Diego-based ServiceNow has set the pricing range for its IPO, saying today that it anticipates an initial public offering price for the firm at between $15.00 and $17.00 READ MORE>>.

Pricing 133

Pricing San Diego Equity Software 133

socalTECH

OCTOBER 31, 2012

The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). The firm said it will not receive any proceeds from the sale by the selling stockholders. ServiceNow went public in June, pricing at $18.00 per share; the firm is now trading around $30.65 per share on the NYSE as NOW.

San Diego 138

San Diego Equity Pricing Sales 138

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. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

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 113

Invest Newsletter Social Media Equity 113

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.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

MARCH 31, 2012

ServiceNow is venture backed by JMI Equity and Sequoia Capital. The firm's IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit SUisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. The firm reported a net loss of $6.6M READ MORE>>.

San Diego 113

San Diego .Net Equity Report 113

socalTECH

APRIL 24, 2019

Corona, California-based Clubspeed , a software developer which develops software used by entertainment and activity centers to manage their business, has raised $20M in a funding round, according to investor Bellwether Financial Group.

Entertainment 113

Entertainment Tool Software Development Software 113

Both Sides of the Table

SEPTEMBER 28, 2014

We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%.

Startup 383

Startup Company Companies .Net 383

socalTECH

DECEMBER 7, 2018

Santa Monica-based private equity investor Clearlake Capital Group has acquired Houston, Texas-based symplr , a provider of healthcare governance, risk, and compliance software. Clearlake acquired symplr from its existing set of private equity investors, Pamlico Capital and The CapStreet Group. READ MORE>>.

Capital 113

Capital Santa Monica Equity Acquisition 113

InfoChachkie

FEBRUARY 24, 2011

8 ) SocialStay is effectively a B-to-B, SaaS product that requires you to simultaneously speak to several audiences (hotels, travelers, travel sites, etc.). In the beginning, when there is nothing, it’s easy to make promises or throw around equity. They are starting to see the light. We’re positioned well to scale.”. Write it down….

Startup 233

Startup Design Mobile Social Network 233

Tech Zulu Event

AUGUST 13, 2010

Entrepreneurism / Monetization Cloud Computing, Entrepreneurism, SaaS. . Entrepreneurism / Monetization acquisition, entrepreneur, internet. . Equity vs. Debt: What's Best for My Startup. Successful People-Based Acquisition: Buying People, Not Code. How do you retain startup employees long after an acquisition?

Guide 70

Guide Startup Venture Capital Entrepreneur 70

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. We build product roadmap software – it’s a SaaS company based here in Santa Barbara, California. Semick: They are.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115