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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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CreatorIQ Connects With $40M More

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

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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

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Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. The company is backed by private equity firm Silver Lake. BlackLine said it has hired David Downing, most recently the Chief Marketing Officer of NetSuite, as its first CMO. READ MORE>>.

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The Sugar Lab Acquired By 3D Systems

socalTECH

Los Angeles-based startup The Sugar Lab , which was developing technology to print edible, 3D designs with sugar, has been acquired by 3D Systems. The Sugar Lab was founded by Kyle and Liz von Hasseln, and was based in Silver Lake. Financial terms of the acquisition wer enot disclosed. READ MORE>>.