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.

Software 100

Software Equity Acquisition Organization 100

socalTECH

OCTOBER 1, 2020

The acquisition of Venice, California-based Signal Sciences --worth $775M--by Fastly , has officially completed, Fastly said on Thursday. Fastly announced the acquisition of Signal Sciences in August. Fastly announced the acquisition of Signal Sciences in August. LLC, Union Square Advisors, as well as Cooley LLP.

Acquisition 100

Acquisition Venice Web Platform 100

socalTECH

SEPTEMBER 20, 2016

Irvine-based Internet-of-Things (IoT) software developer Greenwave Systems announced this morning that it has acquired Aliso Viejo-based Predixion Software. Financial terms of the acquisition were not announced. Greenwave said that the acquisition will bring it to a headcount of over 280 employees worldwide.

Software 100

Software Palomar Miramar Acquisition 100

socalTECH

MARCH 18, 2014

Irvine-based Bitvore , a startup developing big data and intelligence-gathering software which pulls information from both public and private data sources for businesses, said this morning that it has closed a $4.5M, Series A funding round. The funding was led by serial entreprenur Yuri Pikover, as well as $1M from crowdfunding.

Software 227

Software IBM IBM Social Media 227

socalTECH

MAY 1, 2019

Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. The company, which develops cross-platform advertising, said it will use the funding to build out its team, as well as for acquisition.

Funding 113

Funding Santa Monica Advertising Platform 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.

Capital 100

Capital Funding Santa Barbara Equity 100

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 READ MORE>>.

Equity 124

Equity Funding San Diego Software Development 124

socalTECH

NOVEMBER 8, 2012

San Diego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade , a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a funding round from TVC, which it will use for innovation and servicing its customers.

Software 232

Software Capital San Diego Tool 232

TechCrunch LA

SEPTEMBER 13, 2021

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

JUNE 18, 2019

Los Angeles-based Elevate Services , a developer of enterprise, legal management software, has received $25M in an investment round, from private equity investor Kayne Partners, according to the two companies. Elevate said it will use the new, minority investment to scale its operations and to enhance its software.

Software 124

Software Outsource Development Resource Equity 124

socalTECH

JUNE 11, 2014

The publicly held company--which owns a significant number of Internet services, in addition to publisher Ziff Davis--said it will use that debt funding for general corporate purposes, including acquisitions. backup cloud saas software efax capital acquisition merger j2global' READ MORE>>.

Acquisition 149

Acquisition Software Review SaaS Email 149

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

FEBRUARY 2, 2018

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.

Artificial Inteligence 170

Artificial Inteligence Tech Coast Angels Funding IBM 170

socalTECH

FEBRUARY 26, 2019

According to RealtyMogul, it has sold the proprietary loan underwriting software it developed in its labs to Hunt Real Estate Capital , in an all-cash transaction. RealtyMogul says its crowdsourced funding platform has resulted in investment in over $2 billion of real estate, and says it has returned over $100M to investors to date.

Software 133

Software Technology Research Los Angeles 133

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

JANUARY 28, 2020

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

Artificial Inteligence 124

Artificial Inteligence San Diego Acquisition Tool 124

socalTECH

SEPTEMBER 21, 2021

Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. Financial details of the acquisition were not announced. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding.

Silver Lake 113

Silver Lake Acquisition Los Angeles Marketing 113

socalTECH

APRIL 1, 2013

San Diego-based Proximal Data , which develops serve-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The funding came from Divergent Ventures, along with existing investors Avalon Ventures. The firm is led by Rory Bolt.

Software 124

Software Avalon San Diego Design 124

socalTECH

AUGUST 23, 2021

Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it was founded by Rob Loughan (former founder of Octane Software) and Al MacDonald (CEO of NominoData).

Artificial Inteligence 113

Artificial Inteligence Tool OCTANE Seed Funding 113

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.

Capital 133

Capital Funding Equity San Diego 133

socalTECH

OCTOBER 19, 2021

San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd.

Platform 113

Platform San Diego Software Development Acquisition 113

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. We are focused on the investment in and acquisition of software firms that are generating $2.5M

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

FEBRUARY 20, 2019

San Diego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.

Tech Coast Angels 172

Tech Coast Angels San Diego Incubator Education 172

socalTECH

DECEMBER 1, 2020

San Diego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Financial terms of the acquisition were not announced. Seismic recently raised $92M in a Series F funding, and is led by co-founder and CEO Doug Winter. READ MORE>>.

Artificial Inteligence 113

Artificial Inteligence San Diego Sales Software Development 113

TechCrunch LA

SEPTEMBER 13, 2021

But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a big round of funding as it continues to grow. The funding is coming from a wide mix of investors. and Canada.

Startup 249

Startup Platform Software Los Angeles 249

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. That majority private equity funding came from Bridgepoint. Financial details of the deal were not announced.

San Diego 113

San Diego Acquisition Equity Software Development 113

socalTECH

SEPTEMBER 30, 2019

Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. Financial terms of the acquisition were not announced. Jaunt was founded in 2013. READ MORE>>.

Redpoint 133

Redpoint Content Acquisition Los Angeles 133

socalTECH

OCTOBER 4, 2019

Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew, has seen its first exit out of its portfolio, with the acquisition this week of Threatcare , a developer of cybersecurity software. Financial terms of the acquisition were not announced. READ MORE>>.

Capital 113

Capital Acquisition Venture Capital Software Development 113

socalTECH

MAY 10, 2021

Los Angeles-based Science 37, a developer of software used for managing clinical research projects, has gone public in a merger with LifeSci Acquisition II Corp., According to Science 37, the deal will provide it with a $250M balance sheet to fund its technology platform and extend into new markets.

Research 113

Research Invest Acquisition Los Angeles 113

socalTECH

MAY 17, 2010

Irvine-based Vision Solutions , a provider of high availability and recovery software is acquiring Double-Take Software , in a deal worth $242M. Double-Take develops high availability and continuous protection software used to ensure uptime of corporate computer systems and applications.

Software 145

Software Equity Acquisition Funding 145

socalTECH

FEBRUARY 10, 2020

Santa Monica-based investor Arrowroot Capital , headed by Matthew Safaii, has scored a win with the acquisition of one of its portfolio companies, Evergage , by Salesforce. and had raised $26M in funding from Arrowroot Capital, G20 Ventures, and Point Judith Ventures. Evergage develops real time personalization software.

Capital 113

Capital Santa Monica Acquisition Software 113

L.A. Business Journal

NOVEMBER 14, 2018

has secured $165 million in funding from a venture capital group to build out its home services software firm through acquisitions and moves into new markets. Glendale-based ServiceTitan Inc.

Venture Capital 147

Venture Capital Glendale Capital Acquisition 147

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. o CPM model gave him control over the information in the acquisition cycle so he focused on that. - Since selling Matt has gone on to become one of the smartest angels I have seen operate. He told them it was now or never.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

JANUARY 20, 2021

Lake Forest-based Higher Ground Education, which operates a network of Montessori schools in the US and China, says it has acquired software developer Altitude Learning LMS. According to Higher Ground, it has acquired the Altitude Learning LMS technology, along with Altitude's product and engineering teams.

Education 113

Education Equity Software Development Acquisition 113

socalTECH

NOVEMBER 5, 2019

Los Angeles-based private equity investor OpenGate Capital announced very late Monday evening that it has acquired the majority interest in CoreMedia AG , a developer of content management software. OpenGate Capital said the acquisition was out of its second, institutional fund, which is worth approximately $585M.

Capital 113

Capital Equity Content Acquisition 113