Perforce Software, Backed By Clearlake Capital, Finds New Funding

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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. The company, based in Minneapolis, said the funding came from private equity investor Francisco Partners, and also included Clearlake Capital Group.

March Capital Backs Gaming SDK Developer Genvid In $2.5M Funding

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Los Angeles-based venture investor March Capital Partners is the lead investor in a new funding round for gaming software development kit (SDK) developer Genvid , according to Genvid. in new funding led by March Capital Partners, and also including OCA Ventures. Genvid develops an SDK which allows game developers and publishers to connect their games to interactive video streaming services, including YouTube and Amazon Web Services.

How to Develop Your Fund Raising Strategy

Both Sides of the Table

There is all sorts of advice on the Internet about how to raise capital. I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. I now observes the fund raising process as a profession. Always be fund raising.

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

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March Capital Backs Video Game Developer nWay

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Los Angeles-based venture capital investor March Capital Partners is one of the lead investors in a round for mobile video game developer nWay , which announced a $11M funding on Wednesday. According to nWay, the funding, which was facilitated by Lionsgate, was led by both March Capital Partners and Ridge Ventures, and also included Baseline Ventures (Steve Anderson), TransLink Capital (Jay Eum) and WI Harper Group (Jeffrey Chu).

Illumina Ventures Raises $230M Venture Capital Fund

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Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health.

Moonshots Capital Leads Investment In Backtracks

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Los Angeles-based venture investor Moonshots Capital is the lead investor in a new startup, Backtracks , a developer of podcast analytics software. in a seed funding round, which was led by Moonshots Capital, and also included Capital Factory, Sputnik ATX, Next Coast Ventures, Bull Creek Capital, and BNSG Capital. As a part of the funding round, Kelly Perdew, Managing General Partner of Moonshots Capital, will join the board at Backtracks.

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SmartAction Finds Funding From Staley, TVC Capital

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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. intelligence artificial funding equity private recapitalization recap capital venture smartaction

Shamrock Capital Backs Pixellot In $30M Funding

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Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. The funding was led by Shamrock, and also included other, existing, un-named investors. Pixellot has now raised more than $40M in funding. shamrock capital pixellot venture artificial intelligence sports video editing automated

Centercode Finds $4M In Ongoing Funding

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Laguna Hills-based Centercode , a developer of software used for managing product and customer testing efforts, has raised $4M as part of an ongoing, $6M funding round, according to a regulatory filing by the company this week. Details on the funding have not yet been announced. hggc parallax capital venture testing customer product funding centercode

Toba Capital Backs Grow.com In $16M In Funding

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Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County.

Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

Moonshots Capital Leads Investment In Complai, Developer Of Shep

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Los Angeles- and Austin-based Moonshots Capital , the new venture investment fund founded by Kelly Perdew and Craig Cummings, is on an investment roll, and has made another investment from its fund. As part of the funding, Craig Cummings, co-founder and General Partners of Moonshots Capital, has joined Complai's board. Moonshots Capital has been on a roll, having just announced the lead on two other companies earlier this month.

March Capital Backs Video Game Developer Wavedash Games

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Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games , which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC. According to Wavedash, the new funding will go to grow its team and complete the development of its game, Platform Fighter.

Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. “It’s still really underserved from a capital standpoint,” Zhuo said of the LA region.

Billionaire Soon Shiong Funds Healthcare Systems Developer

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Financial details of the investment were not disclosed, however, Net.Orange described the investment from Soon Shiong's investment firm, California Capital Equity, as a "significant" growth equity capital injection.

March Capital Backs SpyCloud In $5M Funding

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Santa Monica-based venture investor March Capital Partners has led additional funding in SpyCloud , a company developing software to prevent account takeovers by cybercriminals, has raised $5M in a Series A funding round. SpyCloud announced this morning that it raised the new funding from Silverton Partners and March Capital Partners, both existing investors in the startup. employee capital venture security cybersecurity cybercriminal march spycloud

Trace Gets Funding From Intel Capital

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Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups.

Erasca Raises $64M For Oncology Drug Development Using AI

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San Diego-based Erasca , a company which is using artificial intelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. The funding--which included both its Series A and an extension--came from ARCH Venture Partners, Andreessen Horowitz, Reneo Capital, and other private investors. According to the company, the new funding will to towards.

Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out.

March Capital Leads Funding For Satellite Imagery Analysis Startup

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Los Angeles-based March Capital appears to be having a busy investment week this week, and has led an $30M, Series B funding in Santa Fe, New Mexico-based Descartes Labs , a developer of software used for satellite imagery analysis. Descartes Labs said the Series B funding was led by March Capital, and also included prior investors Crosslink Capital and Cultivian Sandbox. march capital venture descartes labs software satellite imagery

Kyriba Gets Funding From Mitsubishi UFJ Capital

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Kyriba , a developer of cross border, cloud-based treasurey, cash, and risk management software, which has offices in San Diego, said today that it has received an investment from Mitsubishi UFJ Capital. Size of the Series D funding round investment was not announced. Kyriba's existing investors include BPIfrance, HSBC, BRED Banque Populaire, Daher Capital, Iris Capital, and Upfront Ventures.

Tao Venture Capital Boosts 3D Ram Semiconductor Developer

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La Jolla-based Tao Venture Capital Partners , the investment firm led by venture veteran Tom Clancy, has put its dollars into a maker of 3D random access memory (RAM). According to Crossbar , it raised $25M in a Series C funding, adding new investors Tao Venture Capital Partners, SAIF Partners, Korea Investment Partners, and CBC-Capital. epvc enterprise clancy capital venture semiconductor chip technology crossbar

Source Intelligence Finds New Funding

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Carlsbad-based Source Intelligence , which provides supply chain compliance software, has raised new funding, the company announced this morning. Amount of the new funding was not announced. The Series B funding came from Source Capital Partners and Kayne Capital Partners, as well as "local banks". According to the company, it will use the new funding for the development of an artificial intelligence platform and for expansion in the European Union.

A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. “We’re Others believe that new business models are emerging that could replace venture capital all together.

Qpex Biopharma Finds $33M For Antibiotics Development

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San Diego-based Qpex Biopharma announced this morning that it has raised $33M in a Series A funding round, to launch its efforts to battle drug-resistant infections. According to Qpex, the funding was led by New Enterprise Associates, and also included Adams Street Partners, LYZZ Capital, Hatteras Venture Partners and Stanford University Draper Fund. Qpex says it is developing new antibiotics to combat the threat of global antimicrobial resistance.

Snoop Dogg's Casa Verde Capital Funds Green Bits

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West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses. Green Bits , which focuses on compliance for cannabis dispensaries and retailers, said it raised $17M in a Series A funding, led by Tiger Global, and also included Snoop Dogg's Casa Verde Capital.

March Capital Leads $12M Funding In Xage Security

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Santa Monica-based venture inestor March Capital Partners is again the lead on an investment round this morning, in Silicon Valley-based Xage Security , a new startup focused on industrial internet-of-things (IoT) security. Xage, which is based in Palo Alto, said this morning that it raised $12M in a Series A funding round. The round was led by March Capital Partners, and also included GE Ventures, City Light Capital, and NexStar Partners.

Element Biosciences Lands $15M to Develop New Genetic Analysis Tools

Xconomy

Now a former director from the company is leading a startup that has raised $15 million to develop new genome sequencing tools. Most of the genetic analysis done today is performed on machines made by Illumina, the DNA sequencing giant.

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DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech

TechCrunch LA

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase.

Restaurant365 Finds $88M In Funding

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Irvine-based Restaurant365 , a developer of cloud-based accounting software specifically aimed at the restaurant industry, has raised $88M in a Series C funding round, the company said this week. The funding was led by ICONIQ Capital, and also included Tiger Global Management and Bessemer Venture Partners. As part of the funding, ICONIQ Partner Will Griffith has joined the company's board of directors.

Clearlake Capital Backs MetricStream In $65M Funding Round

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Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. Clearlake's Prashant Mehrotra has join MetricStream's board as part of the funding round. clearlake capital venture metricstream risk management software enterprise

Curtail, Fresh Off $3.25M Funding, Names VPs

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Santa Barbara-based Curtail , a new cybersecurity startup which recently landed $3.25M in funding, said this morning that it has named two VPs. According to the startup, Deborah Scanlon will serve as vice president of strategic sales, and Nigel Quinnin will take on the role of vice president of development at the company. Curtail recently raised $3.25M in a seed funding round from Tarus Capital.

March Capital Backs VeloCloud In Series C Funding

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Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks , as part of a new $27M funding round for that company. VeloCloud, which is based in Silicon Valley, said the new Series C funding was led by March Capital Partners, and also included Cisco Investments, New Enterprise Associates, and Venrock.

Audyssey Gets Funding From Intel Capital

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Los Angeles-based audio processing technology developer Audyssey and Intel Capital said Tuesday morning that Intel Capital has made an investment in Audyssey. Financial details of the funding were not disclosed. The announcement came in conjunction with the announcement of investments in sixteen companies by Intel Capital, the venture arm of Intel. audyssey audio venture capital intel immersive southern california intl strategic processing multeq