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HCAP Partners Backs TCS Healthcare Technologies In Acquisition Deal

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San Diego-based private equity investor HCAP Partners announced today that it has provided a follow-on investment in TCS Healthcare Technologies, a provider of managed care softare, as part of an acquisition effort by TCS. Financial details of the acquisition and investment were not announced by HCAP Partners.

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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Morgan Stanley & Co. Qatalyst Partners is acting as financial advisor to Signal Sciences, while Goodwin Procter was the company’s lawyer.

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Clearlake Capital Buys Confluence Technologies

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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.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. 4 key areas SaaS startups must address to scale infrastructure for the enterprise.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.”

Platform 244
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Forge Technologies Buys ShiftMe, Moves To LA

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Forge Technologies , a developer of software used for managing hourly employees, said this morning that it has acquired Los Angeles-based ShiftMe , a developer of "shift-swapping" apps. As part of the acquisition, Forge Technologies said it is moving its headquarters to Los Angeles.