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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. As part of the investment, Silver Lake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.

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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. The company recently raised $40M in funding from such investors as TVC Capital, Kayne Partners Fund, Affinity Group, Unilever Ventures and Silver Lake Waterman.

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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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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. BlackLine Systems develops software used for handling the financial close for companies. The company is backed by private equity firm Silver Lake. READ MORE>>.

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FanMix Spins Out Of SocialEngine

socalTECH

Fanmix , a startup developing "social inbox" software to manage a user's social conversations on Twitter, Facebook, LinkedIn, blogs, comment threads, and elsewhere, has spun out of Los Angeles-based Social Engine , according to Social Engine co-founder and new FanMix head Charlotte Genevier.

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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. READ MORE>>.

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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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