socalTECH

JANUARY 5, 2021

San Barbara-based HG Insights, which provides information on technology installations, IT spend, and related areas, has received an investment from private equity investment firm Riverwood Capital. Size of the investment--which the companies said was a "significant growth investment"--was not announced.

Capital 113

Capital Funding Equity Invest 113

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

APRIL 15, 2019

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced.

Equity 113

Equity Entertainment Tool Acquisition 113

socalTECH

MAY 14, 2019

Rancho Santa Margarita-based Virtium , a developer of ruggedized, industrial, embedded solid state drives and memory, has been sold to private equity investor Court Square Capital Partners , by its existing private equity owner, L Square Capital Partners. Financial details of the deal were not announced.

Capital 113

Capital Equity Organization Platform 113

socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Vincente Capital acquired ITI in November of 2012. The company is 25 years old.

Capital 133

Capital Technology Equity Los Angeles 133

socalTECH

JANUARY 26, 2021

Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Traliant was founded in 2016, and says it has over 5,000 customers. Financial terms of the investment were not announced.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

Equity 100

Equity Invest Santa Monica Tool 100

socalTECH

MAY 5, 2017

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. The company said its tools are used by such brands as Caesars Entertainment and Casio to collect and analyze data from their customers, in real time.

Equity 124

Equity Entertainment Acquisition Mobile 124

Startup Professionals Musings

MAY 21, 2023

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Startup 106

Startup Capital Equity Funding 106

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. Financial details of the buy were not announced.

Software 100

Software Capital Santa Monica Equity 100

socalTECH

JULY 12, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings , to an affiliate of Getronics Group. Pomeroy provided information technology services, including managed services, to the middle market and enterprise customers. READ MORE>>.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

MAY 14, 2014

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it is in an agreement to acquire ConvergeOne , a Minnesota-based provider of communications and managed services to the enterprise market. ConvergeOne is based in Eagan, MN, and has around 4,100 customers. READ MORE>>.

Capital 138

Capital Santa Monica Equity Invest 138

socalTECH

FEBRUARY 5, 2018

El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. Staley Capital is based in Boston, and TVC Capital is based in San Diego.

Capital 113

Capital Signal Hill Artificial Inteligence Funding 113

socalTECH

APRIL 25, 2018

JMI Equity , the private equity firm which has one of its main offices in La Jolla, is the lead investor in a round for Phoenix, Arizona-based CampusLogic. CampusLogic said it will use the new investment for product development, customer success, and sales and marketing. READ MORE>>.

Equity 100

Equity Funding Tool Sales 100

socalTECH

MARCH 2, 2017

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has acquired NetDocuments , a provider of cloud-based document management, email management, and collaboration software for law firms and corporate legal and compliance customers.

Capital 100

Capital Santa Monica Equity Email 100

socalTECH

JULY 11, 2018

La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential's founder an CEO is Dan Cornish. READ MORE>>.

Equity 100

Equity Invest Software Funding 100

socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. 2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. What was the biggest lesson you learned this year? Two big lessons in 2018.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

DECEMBER 1, 2022

San Diego-based Forward Slope, a provider of software for the defense industry, has received an investment from private equity investor Trive Capital. Forward Slope provides tactical visualization systems, geospatial mapping tools, data science, cyber security, and other products to the Navy and other national security customers.

Invest 100

Invest San Diego Equity Tool 100

TechCrunch LA

FEBRUARY 11, 2021

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

Company 363

Company Companies Acquisition Equity 363

socalTECH

MAY 14, 2014

San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. automotive software private capital venture investment partners equity vista dealersocket'

Equity 100

Equity Invest San Diego Activity 100

socalTECH

JULY 19, 2011

San Diego-based private equity firm JMI Equity has backed a provider of marketing services for the interactive TV market. According to New York-based BrightLine , it has scored a strategic growth investment from JMI Equity, with JMI Equity's General Partner Brad Woloson joining the company's board of directors.

Equity 145

Equity San Diego Invest Customer 145

socalTECH

JUNE 10, 2021

Los Angeles-basd private equity investor K1 Investment Management has made a $120M investment in New York- and London-based >ComplySci, the two companies said this morning. According to ComplySci, it will use the new funding to support new and enhanced solutions for its customers.

Invest 113

Invest Equity Venture Capital Los Angeles 113

Berkonomics

AUGUST 3, 2023

The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. But few businesses grow into the sweet spot of $20 million to $30 million in worth to an ultimate buyer without the injection of outside capital.

Venture Capital 295

Venture Capital Startup Class Invest 295

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 size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

OCTOBER 26, 2015

Santa Monica-based private equity investor Clearlake Capital has acquired and combined two, IT infrastructure companies, Pomeroy and Tolt Solutions , in a new company called the Pomeroy Group of Companies. Both Pomeroy and Tolt Solutions help customers deploy IT infrastructure.

Capital 100

Capital Santa Monica Equity Acquisition 100

socalTECH

AUGUST 16, 2011

Los Angeles-based private equity firm Shamrock Capital has invested $25M in Thought Equity Motion , a provider of video footage licensing services, Thought Equity Motion said today. According to Thought Equity Motion, the funding will go towards technology, cloud storage, and ability to service global customers.

Invest 140

Invest Capital Paramount Equity 140

socalTECH

JUNE 9, 2010

The investment came from Los Angeles private equity firm Nogales Investors. DRT serves customers such as Lockheed Martin Space Systems, Boeing, and Orbital Sciences. DRT serves customers such as Lockheed Martin Space Systems, Boeing, and Orbital Sciences.

Equity 171

Equity Technology San Diego Invest 171

Berkonomics

AUGUST 21, 2013

Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large.

Capital 153

Capital .Net Equity Pricing 153

socalTECH

SEPTEMBER 28, 2021

Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company said the funding came from East Los Capital. Caylent is led by CEO JP La Torre. The company says its clients are migrating software to AWS.

Cloud Computing 113

Cloud Computing Equity Demand Web 113

Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? They were a way to gather cheap capital.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

TechCrunch LA

DECEMBER 17, 2019

Domio , a startup that designs and then rents out apart-hotels with kitchens and other full-home experiences, has raised $100 million ($50 million in equity and $50 million in debt) to expand its business in the U.S. “Domio is capitalizing on the global shift in short-term travel and the consumer demand for branded experiences.

Equity 136

Equity Startup Los Angeles Capital 136

Tech.Co

MARCH 5, 2015

At Lowercase Capital, we invest in startups, acquire later stage companies, and advise businesses and funds of all sizes on strategy and execution. Our approach isn’t exactly customary, and our partners don’t act like traditional VC/private equity guys. We take you seriously, and ourselves not so seriously.

Capital 70

Capital Venture Capital Equity Invest 70

Berkonomics

JULY 16, 2020

Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. It may not be equity. The banks need to be convinced.

Company 156

Company Companies .Net Equity 156

TechCrunch LA

NOVEMBER 23, 2020

Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and Danna’s hunch that the inability of salons and spas to cater to customers like the busy programmer could be indicative of a bigger problem. billion transaction by Vista Equity Partners.

Software 323

Software Beverly Hills Los Angeles Equity 323

socalTECH

SEPTEMBER 15, 2021

According to CreatorIQ, the new funding round came from existing investors TVC Capital, Kayne Partners Fund, the growth private equity group of Kayne Anderson Capital Advisors, Affinity Group, and Unilever Ventures, plus new investor Silver Lake Waterman. CreatorIQ is led by founder and CEO Igor Vaks.

Silver Lake 113

Silver Lake Equity Los Angeles Marketing 113

socalTECH

MAY 2, 2012

Los Angeles private equity investor OpenGate Capital said this morning that it has acquired Getronics LATAM , a portfolio of Latin American businesses in the telecommunications and ICT provider space, from KPN. Getronics LATAM provides data center and consulting services, and other services to large enterprise customers.

Capital 124

Capital Equity Acquisition Los Angeles 124

socalTECH

FEBRUARY 14, 2018

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

Santa Barbara 124

Santa Barbara Equity Commerce Resource 124