socalTECH

NOVEMBER 21, 2019

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. Size and details on the financing round were not announced.

Invest 138

Invest Equity Software Help 138

socalTECH

MARCH 6, 2014

Pasadena-based Central Desktop , which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. Saas Capital provides alternative financing to SaaS businesses. Central Desktop is led by Isaac Garcia. READ MORE>>.

SaaS 174

SaaS Pasadena Venture Capital Capital 174

TechCrunch LA

SEPTEMBER 13, 2021

Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management. With the new capital, SpotOn has raised $628 million since its inception.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

APRIL 20, 2018

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. Casa Verde said when it launched last month that it will specifically invest in the "ancillary cannabis" industry.

West Hollywood 100

West Hollywood Capital Funding Hollywood 100

Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But rest assured valuations get reset.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

NOVEMBER 20, 2013

Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The startup--which is led by PayPal veteran Erik M.

Software Review 235

Software Review Funding Draper SaaS 235

socalTECH

AUGUST 8, 2019

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies.

Manhattan Beach 113

Manhattan Beach Invest UCLA Education 113

socalTECH

FEBRUARY 19, 2020

Irvine-based Digital Motors , which develops software for the automotive industry, said this morning that it has received an investment from investor Autotech Ventures. Size of the investment was not announced. Digital Motors develops software which is used by car dealerships to create their own, online e-commerce sites.

Invest 113

Invest Commerce Software Sites 113

socalTECH

SEPTEMBER 10, 2014

Aliso Viejo-based Telogis , the developer of route planning and fleet management software led by David Cozzens, said today that it has raised a strategic investment round. The funding came from Fontinalis Partners, the venture capital investment firm founded by WIlliam Clay Ford, Jr. READ MORE>>.

Funding 153

Funding SaaS Venture Capital Invest 153

socalTECH

SEPTEMBER 28, 2016

ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. ServiceNow did not say how much it is dedicating to investments. READ MORE>>.

Invest 100

Invest San Diego Venture Capital Platform 100

TechCrunch LA

MAY 31, 2022

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. What’s your approach in investing in companies? The firm seems to have some good traction so far.

Software 163

Software Startup Funding Venture Capital 163

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M READ MORE>>.

Capital 157

Capital San Diego Equity Software 157

socalTECH

JANUARY 21, 2015

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.

Software 100

Software SaaS San Diego Invest 100

socalTECH

OCTOBER 13, 2015

Los Angeles-based InvestCloud , a developer of cloud-based software to help investment advisors manage their customer experience and customer service, has raised $45M in a funding round, the company said Tuesday. The funding was led by FTV Capital. The startup is led by John Wise. READ MORE>>.

Invest 100

Invest Software Los Angeles Capital 100

socalTECH

MAY 17, 2011

Aliso Viejo-based Quest Software , the developer of enterprise software tools, has backed a maker of SOA middleware. According to WSO2 , a Silicon Valley-based developer of middleware software, it raised $6.5M The investment also included Intel Capital. in a growth funding round, led by Quest.

Software 157

Software Develop Development Tool 157

socalTECH

JANUARY 21, 2014

The surge in Southern California, cloud-based software investments continues today, as Irvine-based Kareo said this morning that it has raised $29.5M in a growth capital financing. kareo venture capital cloud medical office software enterprise saas' READ MORE>>.

Software 153

Software Southern California SaaS Venture Capital 153

socalTECH

FEBRUARY 21, 2013

The Investment Group of Santa Barbara is the primary backer of a developer of online training software for corporations, which announced a funding round Thursday. Mindflash , a Silicon Valley-based developer of online software for learning management and developing corporate training, said it raised $3.5M READ MORE>>.

Santa Barbara 174

Santa Barbara Invest Training Course 174

socalTECH

JULY 30, 2014

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. GTCR said the investment came from its $3.85 billion GTCR Fund XI, with additional funding provided by GE Capital and CapitalSource. Financial terms of the buy were not disclosed.

Windward 138

Windward SaaS Enterprise Partners San Diego 138

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. The company was founded in 2000.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

AUGUST 18, 2010

San Diego-based Anametrix , a developer of cloud-based business analytics software, said today that it has received new funding and added a slate of well known advisors. Details on the new private investment was not disclosed. Schreiber is at ProQuest Investments, and Asscher is President of Airtek Capital Group.

SEM 174

SEM Funding San Diego SaaS 174

socalTECH

MAY 29, 2019

San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Black Mountain Systems was previously owned by another, private equity investor, Stone Point Capital LLC , which acquired Black Mountain in 2015.

Equity 113

Equity San Diego Acquisition Invest 113

socalTECH

OCTOBER 18, 2010

Manhattan Beach-based CapLinked , which develops online, software-as-a-service to help entrepreneurs connect with and keep their investors updated, is opening up its public beta today. Tags: management investment investor saas software venture capital entrepreneur interview paypal caplinked jackson eric. READ MORE>>.

Manhattan Beach 157

Manhattan Beach SaaS Venture Capital Sites 157

socalTECH

AUGUST 18, 2009

Santa Barbara-based AppFolio , a developer of software-as-a-service for property management, is announcing today that it has raised $8M in additional funding for the firm. The funding comes from the Investment Group of Santa Barbara (IGSB). Tags: appfolio venture capital santa barbara property management saas software.

Santa Barbara 124

Santa Barbara SaaS Venture Capital Capital 124

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program. READ MORE>>.

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Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

JANUARY 26, 2022

Los Angeles-based ServiceTitan, which develops software-as-a-service products to help home service and contractors manage their business and service calls, is reportedly looking to file for an IPO. It's not uncommon for companies looking for an acquisition to leak rumors of an IPO, typically through their investment bankers or investors.

Report 113

Report Acquisition Los Angeles Services 113

Both Sides of the Table

APRIL 20, 2017

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. years of software development. We’ve invested heavily in inventory management software so we can track every bin and every item of your stuff and know where it is at all times.

Technical Review 268

Technical Review Funding Software Review Artificial Inteligence 268

socalTECH

OCTOBER 7, 2020

Costa Mesa-based Givsum , which develops online software to help charitable organizations with their operations and fundraising, says it has received both new funding, as well as support, from two accelerators. READ MORE>>.

Funding 124

Funding Coach Organization Platform 124

socalTECH

MAY 17, 2019

For today's interview, we sat down and spoke with David Loo , the founder and CEO of Perspectium (www.perspectium.com), a startup which is developing service management applications designed to help connect different, enterprise service management software products together. Perspectium recently raised a funding round from TVC Capital.

SaaS 113

SaaS Startup Customer Custom 113

socalTECH

MAY 29, 2020

Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Size and terms of the investment were not announced.

ASP 113

ASP Funding Sales Software 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

APRIL 24, 2019

San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. According to Perspectium, the new funding will help it continue expansion to global markets, and launch new products.

Services 113

Services Tool San Diego Software 113

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. The reason one would accept losses is when they are investments in fueling faster growth. If you can’t raise — you’re dead.

Metrics 150

Metrics Startup SaaS Course 150

socalTECH

AUGUST 24, 2021

Irvine-based GoDocs, a developer of legal document preparation software, said today that it has raised round of investment from private equity investor M33 Growth, and appointed a new CEO. Size of the investment round was not announced. According to the company, it has appointed Steve Butler as CEO of the company.

Funding 113

Funding Equity Web Invest 113

socalTECH

OCTOBER 9, 2012

Anametrix , which develops cloud-based, digital analytics software, said today that it has raised $4.4M The round came from San Diego's TVC Capital. According to Anametrix, the investment is the first out of TVC Capital's new, $75M Fund II. in a Series A funding round. READ MORE>>.

San Diego 133

San Diego Web Capital Software 133

socalTECH

SEPTEMBER 20, 2010

Jackson, CEO and co-founder of CapLinked (www.caplinked.com), which is developing tools to help entrepreneurs and investors connect. It connects companies with investors, allows investors to forward on referrals to other investors, and once an investment has been made, allows a company to post updates to the site. READ MORE>>.

Southern California 243

Southern California Entrepreneur Software Review Yammer 243

TechCrunch LA

JUNE 26, 2018

The Series A is led by Social Capital which is joining the board. Also participating in the round: The Schmidt Family Foundation, Emerson Collective, Radicle Impact, Rethink Impact, Plum Alley, Kapor Capital and First Philippine Holdings. “We’re really excited because it’s taken really years of work.

Platform 224

Platform Google SaaS Los Angeles 224

socalTECH

SEPTEMBER 23, 2016

San Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The funding came from private equity investor Primus Capital.

Artificial Inteligence 100

Artificial Inteligence Funding San Diego Equity 100