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ServiceMesh Acquired By CSC

socalTECH

Santa Monica-based ServiceMesh , the developer of enterprise, cloud management tools headed by Eric Pulier, has been acquired by CSC , the two said late Wednesday afternoon. Financial terms of the acquisition were not disclosed. servicemesh merger acquisition eric pulier software enterprise cloud saas'

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Clearlake's Symplyr Acquires Another Firm, TractManager

socalTECH

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.

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Clearlake Capital Buys Confluence Technologies

socalTECH

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
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Cornerstone OnDemand Bolsters Board

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of cloud-based, enterprise talent and employee management software, said today that it has named a new member of its board of directors. Cavanaugh had served in his position at Concur since 1999 until its acquisition by SAP in 2014. READ MORE>>.

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Arrowroot Capital Gets Exit At Evergage

socalTECH

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. Evergage develops real time personalization software. Financial terms of the buy were not announced. Evergage was based in Somerville, Mass.,

Capital 113
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Clearlake Capital Buys symplr

socalTECH

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 said it was advised by TripleTree and Harris Williams in the acquisition. Financial details of the buy were not announced.

Capital 113
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Cornerstone OnDemand Files For IPO

socalTECH

In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M READ MORE>>.