socalTECH

MAY 17, 2021

Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business. billion market cap.

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socalTECH

MAY 20, 2021

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. above its debut, up 31.34%.

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socalTECH

MAY 20, 2021

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO is the first in the technology sector in the Santa Barbara area since Sonos went IPO in 2018. Piper Sandler & Co.,

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socalTECH

JULY 20, 2017

Santa Barbara-based GraphIQ , the visualization software developer led by technology veteran Kevin O'Connor, has quietly been acquired by Amazon.com , it emerged today. Financial details of the acquisition were not announced. A report from the LA Times estimates the acquisition was worth around $50M.

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socalTECH

NOVEMBER 2, 2017

Santa Barbara-based real estate management software developer Yardi has acquired WUN Systems , the developer of technology used to manage coworking and shared workspaces, the company said late Wednesday. Financial details of the acquisition were not announced.

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socalTECH

APRIL 18, 2018

Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. Financial details of the acquisition were not announced.

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socalTECH

MARCH 28, 2013

Jonathan Siegel , who co-founded Santa Barbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Financial terms of the acquisition were not announced by the companies.

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