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BlackLine Systems Gets Investment From Silver Lake Sumeru

socalTECH

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Therese Tucker, the founder and CEO of BlackLine, will continue to run the company. Financial terms of the investment were not announced. READ MORE>>.

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CreatorIQ Acquires Tribe Dynamics

socalTECH

Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding. Igor Vaks is founder and CEO of CreatorIQ.

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BlackLine Investors Look For More Liquidity In New Offering

socalTECH

Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. Silver Lake Sumeru is looking to sell around 6.1M READ MORE>>.

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CreatorIQ Connects With $40M More

socalTECH

Los Angeles-based influencer marketing startup CreatorIQ has raised $40M more in funding, according to the company. The company says it has now raised over $80M in funding. CreatorIQ is led by founder and CEO Igor Vaks.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

” Genies last earned a $1 billion valuation from heavy-hitting tech investors including Silver Lake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April.

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BlackLine Systems Hires Chief Marketing Officer

socalTECH

Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. Downing also previously served at such companies as SAP, Informatica, Oracle, Adobe, Seagate and Hill and Knowlton. The company is backed by private equity firm Silver Lake.

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Payvia, Mobile-XL Partner On Mobile Payments

socalTECH

Los Angeles-based Payvia , which is developing mobile payment technology, and Mobile-XL , which develops software for providing access to digital services to people in Africa and India, are in a partnership, the companies said this morning. Financial arrangements between the companies were not announced. and Trinity Ventures.

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