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March Capital Backs Gr4vy

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Santa Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures.

Capital 113
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Clearlake Capital Buys Zywave

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Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced.

Capital 113
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Clearlake Capital Buys Confluence Technologies

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Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Capital 113
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March Capital Partners Backs Appcito

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Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito.

Capital 147
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Arrowroot Capital Gets Exit At Evergage

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Santa Monica-based investor Arrowroot Capital , headed by Matthew Safaii, has scored a win with the acquisition of one of its portfolio companies, Evergage , by Salesforce. and had raised $26M in funding from Arrowroot Capital, G20 Ventures, and Point Judith Ventures. Evergage develops real time personalization software.

Capital 113
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Lettuce Adds New Invoicing Feature

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Santa Monica-based Lettuce , the online order capture and accounting software developer for online businesses, has expanded its software, saying yesterday that it now supports invoices. lettuce online ecommerce saas order software invoice accounting' READ MORE>>.

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Bitium Gets $6.5M For Enterprise Software

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Santa Monica-based Bitium announced Friday that it has raised $6.5M The company said the new funding will go towards product development, sales, and marketing activities. amplifyla amplify accelerator capital venture software saas cloud enterprise bitium' Dave Barrett of Polaris has joined the company''s board.

Software 153