socalTECH

OCTOBER 25, 2018

San Diego-based Axos Financial , a consumer and business bank, said Wednesday afternoon that its subsidiary, Axos Securities , has agreed to acquire certain assets of WiseBanyan Holdings , a provider of digital wealth management software and services. Axos Financial said the acquisition would be immaterial to its finances.

Develop 167

Develop Development San Diego Tool 167

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 new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5

Software 100

Software Capital Funding Equity 100

socalTECH

MAY 19, 2014

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has scored an exit this morning, at bring-your-own-device (BYOD) software developer Divide. Financial details of the acquisition were not announced. seed investment in Divide back in 2011. READ MORE>>.

Software 147

Software Google San Diego Mobile 147

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. READ MORE>>.

Equity 113

Equity San Diego Acquisition Invest 113

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 124

Equity Funding San Diego Software Development 124

socalTECH

MAY 14, 2014

San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. Financial terms of the investment were not disclosed. READ MORE>>.

Equity 100

Equity Invest San Diego Activity 100

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. READ MORE>>.

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

JANUARY 10, 2017

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai Moonshots and fellow investors, including Trinity Ventures, had invested only $2.3M by Amazon Web Services. READ MORE>>.

San Diego 100

San Diego Web Acquisition Los Angeles 100

socalTECH

JULY 30, 2014

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. GTCR said the investment came from its $3.85 xifin gtcr merger acquisition private equity software saas healthcare molecular diagnostics cloud' READ MORE>>.

Windward 138

Windward SaaS Enterprise Partners San Diego 138

socalTECH

NOVEMBER 29, 2016

San Diego-based Email Copilot , which develops visualization, monitoring, reporting, and analysis of email deliverability data, has been acquired by Return Path , a New York-based developer of email data software. Financial terms of the acquisition were not announced. Al Bsharah, was co-founder and CEO of Email Copilot.

Email 100

Email Anthem San Diego Acquisition 100

socalTECH

MAY 13, 2013

Howard Lindzon , the founder of San Diego-based stock-focused micromessaging service StockTwits , has finally sold a company to Twitter. Instead, one of his angel investments, Lucky Sort , has become part of Twitter in what looks to be an "acq-hire"--an acquisition to gain talent for the social networking service.

San Diego 147

San Diego Social Network Tool Acquisition 147

Xconomy

OCTOBER 5, 2017

Ad-Juster, a San Diego adtech startup acquired earlier this year by the investment arm of China’s Innotech International Group, Wednesday named local software entrepreneur Dennis Clerke as CEO. He succeeds Ad-Juster founder and president Mike Lewis, who has left the company.

San Diego 52

San Diego Equity Advertising Acquisition 52

socalTECH

APRIL 20, 2015

Vista Equity Partners the private equity firm which as been gobbling up San Diego high tech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today. The two said that Raytheon will invest $1.57 percent equity stake in the new company. READ MORE>>.

Equity 100

Equity .Net High Tech San Diego 100

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. TVC said the new fund will focus on investments and acquisitions of software companies and software-enabled service firms.

Capital 133

Capital Funding Equity San Diego 133

socalTECH

OCTOBER 26, 2015

Los Angeles-based PeerStreet said this morning that it has launched a brand new, online real estate loan marketplace, which is aimed at accredited investors interested in real estate investments. The company said it already has funded more than $35M in real estate loans, across 78 properties, during its pre-launch phase. READ MORE>>.

Google 100

Google San Diego Los Angeles Acquisition 100

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

Xconomy

DECEMBER 18, 2018

The semiconductor company, founded in 2001, is based in Carlsbad, CA, a San Diego suburb. Cisco, the San Jose, CA-based tech giant (NASDAQ: CSCO ), said Tuesday that Luxtera’s advanced chips will help it offer its customers faster and better network service performance.

San Diego 49

San Diego CalTech Acquisition Design 49

TechCrunch LA

OCTOBER 5, 2020

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

JANUARY 2, 2015

Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. 2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. What was the most significant event for you or your company this year?

Capital 100

Capital Cloud Computing Southern California Equity 100

socalTECH

MARCH 18, 2011

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. Websense is a provider of web filtering software. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale.

Report 145

Report Journal San Diego Sales 145

socalTECH

OCTOBER 31, 2012

San Diego-based ServiceNow is looking to sell $300M in a secondary IPO offering, according to a filing made by the company Wednesday. The secondary is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit Suisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities.

San Diego 138

San Diego Equity Pricing Sales 138

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.

Equity 113

Equity Funding Technical Review San Diego 113

socalTECH

JUNE 27, 2012

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 READ MORE>>.

Pricing 145

Pricing San Diego Equity Invest 145

socalTECH

AUGUST 4, 2009

San Diego-based Sorenson Media , a provider of Internet video codecs and related software and services, is a potential beneficiary of an Internet IPO, that of Provo, Utah-based Ancestry.com. Sorenson Media invested alongside private equity firm Summit Partners in a 2007 recap, along with a few other minority investors.

Media 100

Media San Diego Equity Acquisition 100

socalTECH

JULY 16, 2010

One of the questions we get most from entrepreneurs is how companies reach an exit event, and the thinking that goes into acquisitions. What's the story behind the acquisition? Quinn Curtis: We had recently signed Webroot as a licensee of our software, as an OEM partner. How big was the team in San Diego?

San Diego 145

San Diego IP Acquisition Web 145

socalTECH

MARCH 31, 2012

San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. ServiceNow said has applied to trade as NOW. ServiceNow is venture backed by JMI Equity and Sequoia Capital. READ MORE>>.

San Diego 113

San Diego .Net Equity Report 113

socalTECH

MARCH 30, 2011

Last week, El Segundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. When did you invest in the firm?

Capital 168

Capital Hermosa Beach El Segundo Invest 168

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

socalTECH

NOVEMBER 20, 2008

San Diego-based Staccato Communications, a developer of ultra-wideband wireless semiconductors, announced today that it has merged with fellow UWB developer Artimi, Inc., Artimi is a developer of ultra-wideband and wireless USB software and hardware. and raised $20M in new funding. READ MORE>>

Allegis 100

Allegis San Diego Software Development Design 100

Xconomy

OCTOBER 5, 2016

VC firms invested $14.99 billion that was invested in 2,559 deals (2,545 companies) in the third quarter of 2015. Despite the slowdown in venture dollars and deal flow, 2016 is still on pace—with roughly $56 billion invested in 5,997 deals so far this year—to end the year with more than $70 billion invested nationwide.

Venture Capital 86

Venture Capital Activity Report Funding 86

Xconomy

JANUARY 24, 2017

After taking over roughly six months ago, StockTwits CEO Ian Rosen made one of his first strategic moves with last week’s acquisition of SparkFin , a San Diego-based fintech app that provides novices with information on investing.

Social Media 28

Social Media San Diego Yahoo Google 28

Xconomy

JULY 3, 2019

The potential acquisition, which was first reported Tuesday by Bloomberg citing anonymous sources, represents Broadcom’s continued (NASDAQ: AVGO ) interest in broadening its business beyond semiconductors. Though it is one of the largest cybersecurity software providers, Symantec is.

Symantec 48

Symantec Report Acquisition Software 48

Xconomy

AUGUST 8, 2016

It’s been less than a year since Needham, MA-based PTC (NASDAQ: PTC ) shelled out $65 million to acquire Vuforia, the augmented reality technology created by San Diego-based Qualcomm (NASDAQ: QCOM ). Vuforia’s headquarters has remained in San Diego, and Vuforia continues to operate four offices in Europe and Israel, Wright said.

San Diego 40

San Diego Mobile Examples .Net 40

socalTECH

JANUARY 10, 2011

Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year. Verisk is a compliance and analytics company. READ MORE>>.

Mission Ventures 140

Mission Ventures Acquisition San Diego Invest 140

Xconomy

AUGUST 30, 2016

Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. The deal also reflects Petco’s expanding interests in technology following the company’s $4.6-billion

San Diego 52

San Diego Los Angeles Mobile Equity 52

socalTECH

FEBRUARY 22, 2011

To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. Thanks for the time today. We really believe in the market.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154

Xconomy

MARCH 16, 2018

There’s never a dull moment these days at Building N, the San Diego headquarters of Qualcomm (NASDAQ: QCOM ), the wireless technology giant and the world’s biggest maker of the advanced components used in smartphones. [ Updated 3/16/18 3:30 pm. Updated with Qualcomm board announcement. ]

San Diego 45

San Diego Develop Development Technology 45