socalTECH

APRIL 12, 2017

Ivanti , the IT automation software developer owned by Santa Monica-based private equity investor Clearlake Capital , announced this morning that it has acquired Concorde Solutions , a developer of software asset management (SAM) software-as-a-service. Financial terms of the acquisition were not announced.

Santa Monica 113

Santa Monica Equity Acquisition Software Development 113

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

APRIL 9, 2018

The alternative-transportation services segment occupied by new Santa Monica startup Bird suddenly heated up today, after car sharing service Uber said that it has acquired JUMP Bikes --the provider of a electric bike sharing service in San Francisco. Bird just raised a big $100M funding round.

Santa Monica 133

Santa Monica Equity Acquisition Report 133

socalTECH

AUGUST 3, 2020

Santa Monica-based online healthcare marketplace operator GoodRx has reportedly filed for an IPO, according to a report. GoodRx is owned by private equity firm Silver Lake. GoodRx is owned by private equity firm Silver Lake. READ MORE>>.

Silver Lake 113

Silver Lake Report Santa Monica Equity 113

socalTECH

JULY 9, 2019

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. Hedges served in that position until its recent acquisition by Ellie Mae.

Draper 124

Draper Southern California Santa Monica Social Media 124

socalTECH

JUNE 7, 2013

Santa Monica-based private equity firm Clearlake Capital said this week that it has acquired the Retail Solutions Group of Agilisys , a provider of technology and managed services for the retail market. agilisys clearlake capital private equity merger acquisition consulting' READ MORE>>.

Capital 147

Capital Santa Monica Equity Sales 147

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. HandsOn3 said it invests in business process services, big data mining, and industrial services. Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

socalTECH

SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

socalTECH

DECEMBER 9, 2013

Santa Monica-based private equity investor Clearlake Capital Group has rolled up three companies into a new company called Calero Software , the company announced today. The new company will focused on communications expense management, managed mobility services, and mobile device management products. READ MORE>>.

Capital 147

Capital Software Company Companies 147

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

FEBRUARY 12, 2015

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired enterprise service management software company FrontRange , and will merge it with another of its portfolio firms, Lumension. The newly merged company will be called HEAT Software. READ MORE>>.

Capital 100

Capital Santa Monica Equity Acquisition 100

socalTECH

MARCH 8, 2012

Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). Cornerstone OnDemand said it is using the acquisition to enter into the SMB space.

Cornerstone OnDemand 153

Cornerstone OnDemand Oracle Santa Monica Acquisition 153

socalTECH

DECEMBER 16, 2015

Santa Monica-based private equity investor Clearlake Capital Group has scored an exit with one of its portfolio companies, Chicago-based Inventus Solutions. Inventus develops e-discovery services to the Fortune 1000, global law firm, and government agency markets. Inventus has been acquired by RPX Corporation.

Capital 100

Capital Santa Monica Equity Services 100

socalTECH

DECEMBER 27, 2018

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

AUGUST 23, 2011

Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

Truecar 150

Truecar Santa Barbara Santa Monica Pricing 150

socalTECH

NOVEMBER 1, 2010

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. Intead, the firm is using FAN's acquisition to add around 100 employees from FAN as part of its engineering and product team. READ MORE>>.

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

JANUARY 17, 2017

Santa Monica-based Tala , backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets. billion people lack access to formal financial services, because they don't have a history, and don't have a credit score.

Startup 100

Startup Santa Monica Customer Custom 100

Tech Zulu Event

SEPTEMBER 27, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

Tech Zulu Event

SEPTEMBER 21, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. CallFire.com is a small company with fewer than 20 employees located in beautiful Santa Monica.

Tsavo 76

Tsavo Idealab Tech Coast Angels Userplane 76

SoCal Delicious

SEPTEMBER 19, 2012

Adam Miller transformed his company into one of the world’s leading software-as-a-service companies, specifically in the HR world. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. magazine and the LA Business Journal.

Technical Review 75

Technical Review Entrepreneur Riot Games Southern California 75