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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. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County. READ MORE>>.

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Clearlake Capital's Symplr Buys API Healthcare

socalTECH

Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital.

Capital 113
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Snoop Dogg's Casa Verde Capital Funds Green Bits

socalTECH

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.

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Kareo Gets $29.5M For Cloud Medical Office Software

socalTECH

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' Kareo is led by Dan Rodrigues. READ MORE>>.

Software 153
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Lettuce Adds New Invoicing Feature

socalTECH

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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Qualcomm Backs Ravello For Virtualization Software

socalTECH

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
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Leads360 Becomes Velocify

socalTECH

Sales automation software developer Leads360 said Wednesday that it has renamed the firm to Velocify , saying the new name better reflects its focus on "high-velocity" sales environments. Leads360 is venture backed by Rustic Canyon Partners and Volition Capital. READ MORE>>.