ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

ServiceTitan Buys CUC Software

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Glendale-based ServiceTitan has acquired CUC Software , a developer of business software products aimed at the heating, ventilation, and air conditioning industry, the company said this week. CUC Software was based in Billings, Montana, and was founded in 1981. According to ServiceTitan, CUC Software's customers were largely based in Canada. CUC Software was developed by Jack Vannoy and Carolyn Slayden in 1981.

Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. At approximately $600 million in recurring, annual revenue, the new GoTo Company will rank as one of the largest pure SaaS companies on the planet.

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Parallax Capital Partners Buys SaaS Firm Daptiv

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Laguna Hills-based Parallax Capital Partners , an investment group which acquires and operates software companies, said today that it has acquired Seattle-based Daptiv , a provider of online software-as-a-service for project and portfolio management. Financial terms of the acquisition were not announced. As part of the acquisition, Parallax Capital said it has appointed John Baldwin as CEO of Daptiv.

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BlackLine Software Prices IPO

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Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 saas software accounting acquisition merger blackline

PSI Services Buys Software Secure

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Burbank-based testing software and services provider PSI Services announced this morning that it has acquired Software Secure , a provider of cloud-based, online testing services for the higher education, K-12, and certification markets. Financial details of the acquisition were not disclosed. services software secure merger acquisition online testing education cloud saas

j2 Global Raising $300M In Convertible Notes For Acquisitions, Growth

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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. j2 Global did not say how much of that capital would go towards acquisitions, however, the company has been a ravenous acquirer of companies across the Internet fax, virtual phone, hosted email, online backup, and other cloud services.

Evisions Buys Education Software Firm

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Irvine-based Evisions , a developer of software for higher education institutions, said this morning that it has acquired Cayuse , a developer of web-based software for grant proposal development. cayuse evisions merger acquisition higher education grant saas softwareFinancial details of the deal were not announced. Cayuse, which is based in Beaverton, Oregon, will be combined with Evisions' Portland operations. READ MORE>>.

Seismic Acquires Savo Group, Rival in Sales Enablement Software

Xconomy

In the eight years since it was founded, Seismic has become a leader in the market for Web-based software used by corporations and other big customers to manage the online marketing materials created to support sales reps in the field.

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Software Startup Portfolium Acquired by Salt Lake City’s Instructure

Xconomy

The software of Portfolium, a San Diego startup that hosts online portfolios for students trying to showcase their achievements to potential employers, is set to join the portfolio of Utah educational software company Instructure. Instructure (NYSE: INST ) has agreed to acquire privately held Portfolium. No financial terms of the deal, which was announced Tuesday, were disclosed.

Active Networks Buys Church Management Software Firm

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San Diego-based Active Network said today that it has expanded into the faith market, with the acquisition of church management software firm Fellowship Technologies. Financial terms of the acquisition were not disclosed. Fellowship Technologies provides its software to more than 1700 churches. active network merger acquisition church management software saas fellowship technologies

Procore Buys Honest Buildings

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Carpinteria-based Procore Technologies , the very fast growing developer of construction management software led by Tooey Courtemanche, has acquired Honest Buildings , a developer of project management software for owners and developers, the company said on Tuesday. Financial details of the acquisition were not announced. Honest Buildings is based in New York City, and was founded in 2012; Procore said the acquisition will help it expand its New York City presence.

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CitySourced Merges With Rock Solid Technologies

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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. citysourced rock solid technologies merger acquisition mobile government software saas strattam

PracticeOne Sold To Software Firm

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PracticeOne , a developer of electronic health records management software-as-a-service, which is jointly headquartered in Canoga Park and Richland, Washington, has been acquired by healthcare software developer AdvancedMD Software. PracticeOne develops electronic health record software used for managing medical documentation and medical records. The firms said that the acquisition did not include PracticeOne's billing service, which was sold prior to the acquisition.

Mapp Acquires Webtrekk

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San Diego-based digital marketing software provider Mapp announced this morning that it is acquiring German software developer Webtrekk , a developer of marketing analytics and customer intelligence software. Financial details of the acquisition were not announced. mapp webtrekk merger acquisition marketing software development germany international saas

Portfolium Acquired By Instructure

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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. portfolium instructure merger acquisition tech coast angels exit educational portfolio education software saas cloud

Leads360 Links With Mortgage Software Firm

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Los Angeles-based Leads360 reported today that it has linked its sales lead management software with offerings from web-based mortgage software firm Optimal Blue. Leads360 said that its software--used to manage sales leads from online channels--will help mortgage lenders using Optimal Blue's software to close the gap between leads and revenue. Tags: leads360 sales lead management software saas mortgage optimal blue

IQMS Acquired By Dassault For $425M

socalTECH

In another big, software acquisition for California's Central Coast, Paso Robles-based IQMS , a developer of ERP software for the engineering and manufacturing industry, has been acquired by French software giant Dassault Systemes. IQMS develops manufacturing ERP software which are used by manufacturers to manage their business processes. iqms dassault systemes merger acquisition manufacturing software saas cloud

Mapp Acquires Marketing Analytics Developer Webtrekk

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San Diego-based Mapp , a developer of cloud-based digital marketing software, has completed its acquisition of European marketing analytics software developer Webtrekk , the company said this morning. Financial details of the acquisition were not announced. saas international germany development software marketing acquisition merger webtrekk mapp

Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? It's software-as-a-service based, and we have organizations worldwide, from very small companies, to 100 employees and up, to Fortune 500 companies, across a wide variety of industries.

Lifeyo Acquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. saas software development website acquisition merger spoton lifeyoFinancial details of the buy were not announced.

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Black Mountain Systems Acquired By Vista Equity Partners

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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. black mountain systems vista equity merger acquisition software fintech financial saas cloud

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Medsphere Buys Healthline Solutions

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Financial details of the acquisition were not announced. The company said the acquisition will help bolster its existing platform. Medsphere's flagship product is CareVue, an electronic health records (EHR) software product which provides clinical, financial and patient accounting, as well as end-to-end revenue cycle management. medsphere healthline solutions merger acquisition lifescience software saas supply chain inventory

Clearlake Capital's Symplr Buys API Healthcare

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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. Financial terms of the acquisition were not announced. According to Clearlake Capital, the buy will help it create a large-scale provider of governance, risk and compliance and human capital management software solutions.

Clubspeed Collects $20M

socalTECH

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. Clubspeed's software is used to manage both racing facilities and trampoline parks, handling everything from receipts and payments to offering up reporting tools and monile app.

Clubspeed Acquired By Private Equity Investor Nadavon

socalTECH

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. Eric Novakovich, founder of Clubspeed, will become Chief Strategy Officer of the company as a part of the acquisition. clubspeed nadavon equity merger acquisition saas software business management tools entertainment cente

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Lifeyo Aquired By SpotOn

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Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. lifeyo spoton merger acquisition website development software saasFinancial details of the buy were not announced.

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ServiceTitan Snags Netflix Vet As New CFO

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Glendale-based ServiceTitan , the developer of home service business management software, says this morning that it has named David Burt, former NetFlix Vice President of Content Planning & Analysis and Co-Head of Corporate Development as its new Chief Financial Officer--as the appears poised for an IPO. servicetitan david burt executive netflix software saas merger acquisition unicorn

K1 Investment Management Buys Digital Pharmacist

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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. digital pharmacist digitalpharmacist merger acquisition private equity pharmacy software saas

Clearlake Capital Buys symplr

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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. risk compliance healthcare software saas acquisition merger equity private capital clearlake symplr

BlackLine Soars In IPO Debut

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Woodland Hills-based BlackLine Software , the developer of accounting close software, soared in its IPO debut on Friday, and was trading up more than 45 percent in morning trading on the NASDAQ Global Select Market. blackline systems merger acquisition finance accounting software saas close financial fintech

BlackLine IPO Expected Next Friday

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The IPO of Woodland Hills-based BlackLine Systems , the developer of accounting and financial close software for the enterprise market, looks to be targeted for next Friday, October 28th, according to the NASDAQ IPO Calendar. blackline systems merger acquisition finance accounting software saas close financial fintech

Quality Systems Buys Mirth

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Irvine-based Quality Systems , which develops electronic health records and other related software, has acquired fellow Orange County healthcare information technology company Mirth Corporation. According to Quality Systems, it will use the acquisition to enhance its current offerings.

BlackLine Systems Files For IPO

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BlackLine develops accounting software, which is used for managing the financial close process at companies. exit saas software accounting acquisition merger systems blacklineWoodland Hills-based BlackLine Systems has filed for an IPO, saying in an S-1 filing that it is looking to raise up to $100M in an IPO on the NASDAQ Global Select Market as BL. The IPO is being underwritten by Goldman, Sachs & Co.,

Vertical Management Systems Acquired By NewSpring Holdings

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Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Financial terms of the acquisition were not disclosed. Vertical Management Systems (VMS) provides its software to large financial institutions. vertical management systems newspring holdings financial technology software reconciliation account saas cloud