socalTECH

JANUARY 16, 2018

Los Angeles-based private equity investor OpenGate Capital has acquired Denver-based collaboration software developer Mersive , OpenGate said this mroning. Mersive develops software used for collaboration and meetings, based on both laptops and mobile devices as well as immersive in-room displays. READ MORE>>.

Capital 113

Capital Equity Research Software Development 113

socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. READ MORE>>.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

MAY 10, 2018

Santa Monica-based private equity investor Arrowroot Capital has invested $38M in big data and analytics software developer ClickFox , according to a regulatory filing from ClickFox this week. The funding, without financial details, was announced on April 30th. According to the filing, ClickFox is targeting a total of $41.1M

Capital 100

Capital Invest Santa Monica Equity 100

socalTECH

JUNE 14, 2017

Irvine-based SmartLabs , the parent company of smart home controller brand Insteon and home automation e-commerce site Smarthome , has been acquired by private investment firm Richmond Capital Partners. Financial terms of the acquisition were not announced, however, Richmond Capital Partners said it is investing $7.3M

Capital 124

Capital Commerce Acquisition Software Development 124

socalTECH

JANUARY 10, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Perforce Software , a developer of version control software. Perforce was based in Minneapolis, MN, and had previously been owned by another private equity company, Summit Partners. READ MORE>>.

Software 100

Software Capital Santa Monica Equity 100

socalTECH

APRIL 11, 2018

Capital Music Group (CMG), which is a division of Universal Music Group (UMG), announced on Tuesday that it is launching a new "innovation center", which will be based in the music company's iconic tower in Hollywood. The center will open its doors on April 15th, hosting a set of teams that were picked at the SXSW Music Hackathon.

Capital 113

Capital Technology Hollywood Content 113

socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. READ MORE>>.

Capital 113

Capital Report Santa Monica Software Engineering 113

socalTECH

AUGUST 13, 2015

Irvine-based Toba Capital , the venture investment firm founded by Quest Software founder Vinny Smith, has made an investment in open source application development software developer WSO2. WSO2, which is based in Palo Alto, said it raised $20M from Pacific Controls and Toba Capital this morning.

Capital 100

Capital Software Development Invest Software 100

socalTECH

MAY 18, 2016

Accruent , the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. The company was based in Santa Monica until recently, when it moved its headquarters to Texas; the company still has a Santa Monica office.

Capital 113

Capital Constellation Ventures Innocal Santa Monica 113

socalTECH

AUGUST 19, 2021

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. The company is owned by Clearlake Capital Group and Charlesbank Capital Partners.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

socalTECH

OCTOBER 22, 2021

Los Angeles-based media measurement and optimization software developer VideoAmp has raised $275M in funding, giving it a $1.4 billion valuation, the company said onn Thursday. The funding included The Spruce House Partnership, D1 Capital Partners, Tiger Global, EPIQ Capital Group and Ankona Capital Partners.

Media 113

Media Software Development Los Angeles Platform 113

socalTECH

DECEMBER 7, 2022

San Diego-based security and compliance automation software developer Drata announced this morning that it has raised $200M in its Series C funding round, at a valuation of $2 billion.

San Diego 113

San Diego Software Development Capital Funding 113

socalTECH

FEBRUARY 23, 2016

Irvine-based videogame accessory and products maker Razer has raised $75M from Chinese company Hangzhou Liason Interactive , according to Hangzhou Liason. Hangzhou Liason Interactive is a provider of application software development, systems integration, and technical services. Other details of the investment were not announced.

Company 100

Company Companies Southern California Software Development 100

socalTECH

OCTOBER 27, 2021

San Diego-based productivity software developer ClickUp said this morning that it has raised a huge, $400M Series C funding round, which gives it a valuation of $4 billion. According to the company, it has tripled its revenue, and now counts such clients as McDonalds, Booking.com, Papa Johns, and Netflix as customers.

Netflix 140

Netflix San Diego Software Development Funding 140

socalTECH

SEPTEMBER 21, 2021

Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company said it now surpasses $1 billion in valuation after the round.

Invest 113

Invest Commerce Software Development Los Angeles 113

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The company was founded in 2000. The size of the investment--described as "significant"--was not announced.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

APRIL 7, 2016

Los Angeles-based web content management software developer CrownPeak has raised $50M in a funding round, and merged with UK-based ActiveStandards , according to the two companies. According to the companies, the combined company will be based in Los Angeles, and will also have locations in Denver and London.

Company 100

Company Companies Los Angeles Software Development 100

socalTECH

AUGUST 27, 2015

Santa Monica-based ,a href="[link] OnDemand , the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. Size of the investments in each company were not announced. READ MORE>>.

Cornerstone OnDemand 100

Cornerstone OnDemand Invest Company Companies 100

socalTECH

OCTOBER 26, 2021

Santa Monica-based private equity investor Clearlake Capital says that one if its portfolio companies, healthcare software developer nThrive, is acquiring TransUnion Healthcare. Morgan, Deutsche Bank, Golub, Barclays, BMO Capital Markets, Credit Suisse, and Jefferies.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

JULY 1, 2021

nThrive, the healthcare revenue cycle management software developer which is owned by Santa Monica-based private equity investor Clearlake Capital, has both a new CEO and CFO, the companies said today. nThrive said it has named Hemant Goel as Ceo, and James Evans as CFO of the newly acquired company.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

MAY 4, 2021

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The investment round firmly vaunts the company into unicorn territory. The investment round firmly vaunts the company into unicorn territory.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

AUGUST 18, 2020

Los Angeles-based software developer SmartAction , which develops conversational, AI-powered virtual agents for contact centers, said this morning that it has named Gary Davis as its CEO. Davis was previously the company's President, and earlier had served as Chief Operating Officer. READ MORE>>.

Equity 113

Equity Software Development Web Los Angeles 113

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 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

Santa Barbara 113

Santa Barbara Software Development Pricing Capital 113

socalTECH

MAY 26, 2020

La Jolla-based Platform Science , a developer of fleet management software and technology, has raised $42M in a Series B funding, the company disclosed recently. The funding was led by Prologis, and also include Daimler Trucks AG, 8VC, NewRoad Capital Partners, Schematic Ventures, and Cambridge Capital.

Platform 124

Platform Software Development Capital Software 124

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 company starts trading this morning on the New York Stock Exchange under the symbol PCOR. The IPO was underwritten by Goldman Sachs & Co.,

Pricing 113

Pricing Santa Barbara Software Development Capital 113

socalTECH

JULY 21, 2021

Los Angeles-based accounting software developer FloQast said this morning that it has raised $110M in its Series D funding round, with its latest valuation putting the company into unicorn territory, at $1.2 The company develops financial close management software, used for financial reporting.

Redpoint 113

Redpoint Software Development Los Angeles Software 113

socalTECH

SEPTEMBER 16, 2021

San Diego-based data management software developer Measurabl has scored backing from national real estate company Lincoln Property Company, as part of its Series C funding. According to LPC Ventures, the venture arm of Lincoln Property Company, it joined in the $50M Series C funding round for Measurabl.

Funding 100

Funding San Diego Software Development Software 100

socalTECH

MARCH 8, 2021

Santa Monica-based business texting software developer EZ Texting, which is venture backed by Morgan Stanley Expansion Capital, Investor AB, and ROCA Partners, said last week that it has partnered with Shutterstock. According to the companies, the partnership makes millions of free images available to EZ Texting customers.

Santa Monica 113

Santa Monica Software Development Platform Customer 113

socalTECH

JANUARY 28, 2019

Santa Monica-based private equity investor Clearlake Capital and its portfolio company, Perforce Software , have acquired embedded software development tools provider Rogue Wave Software , the firms said last week. Perforce is a developer of source code control and other tools used by software developers.

Software 113

Software Santa Monica Software Development Equity 113

socalTECH

MAY 10, 2021

Carpinteria-based construction management software developer Procore has set its estimated initial IPO pricing, saying in a filing today that it now expects an initial offering price of betweenn $60.00 The company has applied to list on the NYSE under the symbol PCOR. and $65.00 Piper Sandler, Stifel, and William Blair.

Pricing 113

Pricing Software Development Software Capital 113

socalTECH

MARCH 3, 2021

Carpinteria-based construction management software developer Procore, which just launched an IPO effort, said today that it plans to list its common stock on the New York Stock Exchange under the ticker symbol PCOR. Morgan, Barclays, Jefferies, Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

Software Development 113

Software Development Report Software Capital 113

socalTECH

JULY 2, 2020

Irvine-based cloud software developer Mavenlink has named a new CFO, saying this week that it has appointed Steve DeSantis to the position. DeSantis previously served at such companies as DATAllegro, Predixion Software, Cloudvirga, and Nexiant, and the company said DeSantis took ShiftPixy public in 2017, and TCI Solutions in 2004.

Resource 113

Resource Software Development Software Capital 113

socalTECH

FEBRUARY 21, 2019

Software development tools maker Perforce , which is owned by Los Angeles-based private equity investor Clearlake Capital , has completed its acquisition of Rogue Wave Software , another developer of software development tools. Rogue Wave had been owned by another private equity investor, Audax Group.

Acquisition 113

Acquisition Software Java Equity 113

socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018.

San Diego 124

San Diego Equity Software Development Software 124

socalTECH

MAY 9, 2019

Los Angeles-based online ordering software developer ChowNow has raised $21M more in funding, in its Series C funding, according to the company. The funding came from 3L Capital and Catalyst Investors, and brings the company's total raised to $60M. Chowow is led by co-founder and CEO Chris Webb.

Los Angeles 113

Los Angeles Funding Software Development Capital 113

Berkonomics

OCTOBER 5, 2023

Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. How about young or pre-revenue companies?

Venture Capital 296

Venture Capital Product Marketing Resource 296

socalTECH

APRIL 17, 2018

San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. VizExplorer said that it was previously owned by Endeavor, which will continue to have a minority investment in the company. READ MORE>>.

Funding 138

Funding San Diego Entertainment Equity 138