socalTECH

JULY 10, 2019

San Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Providence Strategic Growth is the growth equity fund of Providence Equity Partners.

Equity 133

Equity Funding San Diego Invest 133

TechCrunch LA

JUNE 10, 2020

We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.

Equity 220

Equity Technical Review Venture Capital Blogging 220

TechCrunch LA

MAY 23, 2019

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.

Funding 218

Funding Startup Seed Funding Los Angeles 218

Startup Professionals Musings

NOVEMBER 25, 2020

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. In equity crowdfunding, no investor is representing their own interest. Later funding rounds can’t deal with a thousand shareholders.

Equity 164

Equity Statistics Platform Entrepreneur 164

socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. Kyriba said that existing investors Daher Capital, Iris Capital and Kyriba Chairman and CEO Jean-Luc Robert will remain as investors in the company.

Equity 124

Equity Funding San Diego Software Development 124

socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113

Capital Funding Outsource Development Equity 113

socalTECH

JUNE 25, 2021

Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. Size of the funding was not announced. The companies said that Revolution Prep has been in the business for over 20 years, and has served more than 1 million families.

Funding 200

Funding Santa Monica Equity Services 200

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. The company says it plans to make seven to nine investments from within its Fund III. READ MORE>>.

Capital 113

Capital Funding Equity Education 113

socalTECH

MARCH 25, 2021

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. Financial details of the investment were not announced.

Equity 113

Equity Software Torrance Funding 113

TechCrunch LA

SEPTEMBER 18, 2019

Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Today, Washington, DC-based Revolution is announcing its latest fund. Few seek out companies in Indianapolis, Milwaukee or Tampa.

Venture Capital 211

Venture Capital Funding Seed Funding Activity 211

socalTECH

AUGUST 10, 2021

Los Angeles-based financial advisory consulting provider AdviserSource.com says it has acquired Advisory Equity, a developer of a financial marketplace app developer. According to AdviserSource, the deal was funded by additional growth capital provided by Fintech Fund II, LLLP.

Equity 113

Equity Southern California Acquisition Los Angeles 113

TechCrunch LA

NOVEMBER 11, 2020

At a national level, the United States received more VC funding for impact tech companies than any other country in the past five years, with investors pumping $35.8 capital has produced 241 impact startups since 2006, with 95 companies founded in San Francisco. billion into U.S. billion) and the United Kingdom ($6.1

Venture Capital 357

Venture Capital Press Invest Research 357

socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced.

Equity 113

Equity Acquisition Networking Capital 113

socalTECH

SEPTEMBER 23, 2019

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. Melinda Moore: One of the things required to create, build, and scale a company is capital. What is TuesdayNights? The third thing, is know your number.

Help 224

Help Entrepreneur Capital Startup 224

Startup Professionals Musings

AUGUST 29, 2020

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.

Funding 174

Funding Startup Equity Examples 174

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

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

TechCrunch LA

NOVEMBER 23, 2020

Boulevard , a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. Investors including Index Ventures, Toba Capital, VMG Partners, Bonfire Ventures, Ludlow Ventures and BoxGroup agreed. million in funding.

Software 323

Software Beverly Hills Los Angeles Equity 323

Both Sides of the Table

MAY 13, 2018

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. I always tell founders … “An investors job is to deploy capital and make a return. You can short-hand this as “engagement.” Why 8–10 and not just 3–4?

Venture Capital 332

Venture Capital Funding Startup Sales 332

socalTECH

FEBRUARY 2, 2018

Los Angeles-based online car rental service HyreCar has just raised $1.465M in debt funding, as part of an ongoing $2.3M funding round, according to a regulatory filing from the firm on Thursday. Details on the funding--which appears to be a convertible note or bridge round, with warrants--have not yet been announced.

CTO Hire 157

CTO Hire Funding Equity Los Angeles 157

socalTECH

FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. According to the company, the funding is its first institutional funding round.

Funding 133

Funding Santa Monica Equity Capital 133

socalTECH

NOVEMBER 25, 2019

Los Angeles-based private equity investor OpenGate Capital said this morning that it has sold one of its portfolio companies, Power Partners , to another private equity-backed company, Pioneer Transformers. Pioneer Transformers is backed by private equity investor Mill Point Capital. READ MORE>>.

Capital 113

Capital Equity Los Angeles Funding 113

socalTECH

JULY 16, 2021

5th Kind, a developer of workflow management software for Hollywood studios, has scored an investment from private equity investor HCAP Partners. According to HCAP, the investment capital will go to fund growth initiatives for 5th Kind. Size of the investment was not announced.

Equity 113

Equity Invest Software Review Hollywood 113

socalTECH

FEBRUARY 13, 2019

Los Angeles-based JibJab , which provides animated, personalized greeting cards and other social content, has been acquired by private equity investor Catapult Capital LLC , Catapult Capital announced this morning. Cloud Capital, with Catapult being advised by Reed Smith LLP in the deal. READ MORE>>.

Capital 127

Capital Entertainment Los Angeles Equity 127

socalTECH

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital.

Capital 113

Capital San Diego Equity Los Angeles 113

socalTECH

FEBRUARY 20, 2020

Irvine-based SmartBug Media , a marketing agency which helps businesses with lead generation, has received a private equity investment from American Discovery Capital (ADC). According to SmartBug Media, the two have formed a strategic partnership, and will use the funding to accelerate its growth.

Equity 113

Equity Media Invest Design 113

TechCrunch LA

AUGUST 16, 2020

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots. “I see two things happen.

Funding 230

Funding Southern California Los Angeles Invest 230

socalTECH

APRIL 17, 2018

San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. Morgan Stanley Expansion Capital is part of Morgan Stanley Investment Management focused on private equity investments.

Funding 138

Funding San Diego Entertainment Equity 138

socalTECH

SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. The funding included $6.3M in equity, and $100M in debt.

Equity 113

Equity Santa Monica Commerce Funding 113

TechCrunch LA

JULY 19, 2022

million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. The equity will go toward hiring more talent to join Ghost’s 25-person team.

Product 191

Product Funding Technical Review Equity 191

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

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. Financial terms of the investment were not announced. Traliant was founded in 2016, and says it has over 5,000 customers.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

socalTECH

MAY 2, 2019

Aliso Viejo-based PhoenixET , a developer of Internet-of-Things (IoT) products for the smart building market, has raised a round of funding in what it says is a growth capital funding. The funding was led by Spring Lake Equity Partners and Energy Innovation Capital (EIC), and also included existing shareholder Duke Energy.

Software 133

Software Funding Equity Capital 133

socalTECH

NOVEMBER 5, 2019

Los Angeles-based private equity investor OpenGate Capital announced very late Monday evening that it has acquired the majority interest in CoreMedia AG , a developer of content management software. According to OpenGate Capital, it acquired CoreMedia AG from Deutsche Telekom Capital Partners and a consortium of private investors.

Capital 113

Capital Equity Content Acquisition 113

Both Sides of the Table

SEPTEMBER 5, 2012

This time by the efforts of Adeo Ressi to introduce a new kind of structure called “ convertible equity.” My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly.

Startup 354

Startup Pricing Equity Venture Capital 354

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

AUGUST 23, 2021

Los Angeles-based private equity investor OpenGate Capital said that one of its portfolio companies, Kongsberg Precision Cutting Systems, has acquired another company, MultiCam, from private equity investor Rosewood Private Investments. Financial terms of the acquisition were not announced.

Acquisition 113

Acquisition Capital Equity Los Angeles 113