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

socalTECH

MARCH 16, 2017

Los Angeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far raised $45M out of a $50M target in the fund, from six limited partners.

Venture Capital 202

Venture Capital Capital Funding Equity 202

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 Acquisition 124

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

socalTECH

AUGUST 3, 2017

Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. Sugarfina has now raised more than $50M in funding. The company said it was advised by Imperial Capital on the funding.

Equity 133

Equity Funding Commerce Los Angeles 133

socalTECH

FEBRUARY 14, 2018

JMI Equity , a private equity investor which has one of its two offices in La Jolla, is the lead investor in HackerRank , a startup which operates an online platform to help companies identify and evaluate technical talent. in funding. Suken Vakil of JMI Equity joins the company's board as a result of the funding.

Equity 113

Equity Funding Platform Capital 113

socalTECH

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced.

Equity 113

Equity Funding Technical Review San Diego 113

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 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 Capital Networking 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 19, 2014

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

JULY 8, 2019

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. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

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

SEPTEMBER 12, 2014

Los Angeles-based LEHR , which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. lehr venture capital private equity propane engine powered' Size of the investment was not disclosed. READ MORE>>.

Equity 153

Equity Funding Venture Capital Los Angeles 153

socalTECH

AUGUST 21, 2014

San Diego-based private equity investor JMI Equity said Wednesday that it has closed on a new, $1 billion growth equity fund, JMI Equity Fund VIII. According to JMI, the new fund brings its total raised to over $3.1 equity venture capital private investment finance financial'

Equity 138

Equity Funding San Diego Venture Capital 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

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

L.A. Business Journal

JULY 8, 2019

Westwood-based growth equity investment firm 3L Capital announced July 8 it raised a $217 million equity fund to continue investing in local companies.

Invest 113

Invest Capital Funding Equity 113

socalTECH

NOVEMBER 15, 2017

Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. Arrowroot Capital said the fund was oversubscribed.

Invest 113

Invest Capital Software Funding 113

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.

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Equity Technical Review Venture Capital Blogging 220

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OCTOBER 25, 2021

West Hollywood-based LaserAway, an aesthetic dermatology business which offers laser hair removal, laser tattoo removal, laser skin rejuvenation services via a series of clinics, has scored private equity funding. According to the company, it raised funding from the Private Equity Group of Ares Management Corporation.

Equity 100

Equity West Hollywood Invest Hollywood 100

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FEBRUARY 5, 2018

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.

Capital 113

Capital Signal Hill Artificial Inteligence Funding 113

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. The investment is the first, institutional round of funding for the company, which was founded in 1989. READ MORE>>.

Equity 138

Equity Funding Invest Software 138

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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

socalTECH

JUNE 29, 2017

We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Core Innovation Capital.

Southern California 178

Southern California Venture Capital Capital Artificial Inteligence 178

socalTECH

JULY 25, 2018

The big rollup is being funded by private equity companies Vista Equity Partners and Bain Capital. Bain Capital acquired TriTech earlier this year, and Vista Equity had owned both Superion and Aptean prior to the rollup and merger. Financial details of the deal were not announced.

San Diego 100

San Diego Equity Capital Software Development 100

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

APRIL 25, 2018

JMI Equity , the private equity firm which has one of its main offices in La Jolla, is the lead investor in a round for Phoenix, Arizona-based CampusLogic.

Equity 100

Equity Funding Tool Sales 100

socalTECH

NOVEMBER 6, 2017

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. MetricStream is based in Palo Alto, California.

Capital 113

Capital Funding Santa Monica Equity 113

socalTECH

MARCH 2, 2015

Burbank-based PSI Services , a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details of the funding were not disclosed. PSI is led by Stephen Tapp. READ MORE>>.

Equity 100

Equity Services Funding Burbank 100

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

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.

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Funding Santa Monica Equity Services 200

socalTECH

SEPTEMBER 10, 2018

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.

Artificial Inteligence 100

Artificial Inteligence Capital Funding Organization 100

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

JANUARY 3, 2019

San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC). READ MORE>>.

Equity 113

Equity Artificial Inteligence Software Enterprise Partners 113

socalTECH

AUGUST 5, 2016

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Core Innovation Capital is very active nationally in fintech investments, and raised a big fund in 2015. The company is based in Oakland. READ MORE>>.

Capital 100

Capital Funding Equity Los Angeles 100

socalTECH

FEBRUARY 21, 2019

San Diego-based private equity investor JMI Equity is the lead investor in Lytics , a developer of marketing personalization software, in a $35M, Series C investment announced by Lytics on Thursday. The company said the funding will go towards strategic growth initiatives in the product development and "customer success" areas.

Equity 113

Equity Invest San Diego Custom 113