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. READ MORE>>.

Equity 113

Equity Media Invest Design 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

Berkonomics

DECEMBER 17, 2020

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. Angel investment groups or funds. Your expectations regarding time to funding and more.

Equity 156

Equity Technical Review Class Organization 156

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. CampusLogic said it will use the new investment for product development, customer success, and sales and marketing. READ MORE>>.

Equity 100

Equity Funding Tool Sales 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

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 Customer 113

socalTECH

JULY 8, 2021

Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. According to Adlib, the funding will go to accelerate its planned growth initiatives. Size of that investment was not announced.

Invest 113

Invest Capital Equity Los Angeles 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

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

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

MARCH 27, 2014

Los Angeles-based middle market investor Levine Leichtman Capital Partners announced Thursday that it has closed on $1.65 billion in capital commitments for its latest fund, Levine Leichtman Capital Partners Fund V, L.P. The firm said the fund exceeded a target of $1.5 middle market companies.

Invest 147

Invest Capital Funding Venture Capital 147

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

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

socalTECH

JULY 10, 2017

San Diego-based ChiroTouch , a developer of electronic health records and practice management software for the chiropractic market, has raised a round of private equity funding. The funding came from Waud Capital Partners. Size of the funding was not announced.

Equity 113

Equity Invest San Diego Capital 113

socalTECH

OCTOBER 25, 2018

Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift , a developer of human capital management software for the long-term, post-acute care market. North Coast Venture Fund and West Capital Advisors.

Santa Monica 113

Santa Monica Capital Invest Draper 113

socalTECH

FEBRUARY 16, 2021

Los Angeles-based private equity investor Kayne Anderson Capital Advisors, L.P. said last week that its new Kayne Anderson Renewable Infrastructure Fund has reached $50M in assets. billion across its funds investing in renewable energy and energy transition. Kayne Anderson says it now has more than $1.5

Funding 113

Funding Equity Los Angeles Invest 113

Startup Professionals Musings

SEPTEMBER 25, 2023

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment.

Startup 109

Startup Funding Equity Invest 109

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Wait, didn’t you just raise a fund? We raised $280 million.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? People were building.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

TechCrunch LA

FEBRUARY 6, 2022

Last week, we talked about about the “de-stonkifying” of the market. The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. Hello friends, and welcome back to Week in Review ! Image Credits: TechCrunch.

Marketing 246

Marketing Newsletter Technical Review News 246

socalTECH

AUGUST 3, 2020

Los Angeles-based private equity investor Kayne Anderson Capital Advisors, LP says it has launched a new, renewable energy fund, the Kayne Anderson Renewable infrastructure Fund (KARIX). READ MORE>>.

Funding 113

Funding Equity Los Angeles Invest 113

socalTECH

SEPTEMBER 27, 2021

The funding came from Marlin Equity Partners. According to Dozuki, it will use the funding to further its position in the manufacturing software market. Size of the investment was not announced. Dozuki was founded by co-founder and CEO Eric Doster. The company said it was advised by Vista Point Advisors.

Funding 113

Funding Training Equity Software 113

socalTECH

MAY 6, 2020

Los Angeles-based BURST Oral Care , a manufacturer of electric toothbrushes, has raised a Series C funding round. Size of the funding was not announced. BURST Oral Care said the new funding was led by Goldman Sachs Growth Equity (GS Growth), and comes on top of an earlier $20M in funding from Volition Capital and angels.

Funding 113

Funding Equity Los Angeles Capital 113

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

Startup Professionals Musings

APRIL 17, 2023

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. Thus your startup maturity and growth stage is the primary key to success with potential funding sources. My invention and prototype works, but I need funding to continue.”

Funding 125

Funding Startup Ideas Equity 125

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

Startup Professionals Musings

JULY 5, 2023

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Sometimes these will ask for 5%-15% of your equity for their support services. Separately at this stage, you may look for small funding amounts from angel investors , called seed investments.

Startup 122

Startup Funding Organization Incubator 122

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. According to PhoenixET, it is using the new funding to accelerate product development and for entry into additional markets.

Software 133

Software Funding Equity Capital 133

socalTECH

MAY 12, 2014

Laguna Hills-based Parallax Capital Partners , a private equity investor which invests in software and other technology companies, said Monday that it has raised a new, $115M fund for its investments. The company said the new fund is aimed at lower middle market companies with revenues of between $5M and $100M.

Capital 157

Capital Equity Invest Funding 157

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 5, 2019

Long Beach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Lucira Health is developing diagnostic tools which use DNA and RNA to identify infection diseases. Lucira Health's president and CEO is Erik Engelson.

Funding 127

Funding Long Beach Venture Capital Equity 127

socalTECH

NOVEMBER 30, 2012

Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. The firm invests in mid-market, profitable companies. Clearlight previously had $600M in capital under management, not including the newest fund.

Equity 113

Equity Funding Glendale Invest 113

socalTECH

JULY 11, 2018

La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential's founder an CEO is Dan Cornish. READ MORE>>.

Equity 100

Equity Invest Software Funding 100

socalTECH

FEBRUARY 5, 2013

San Diego-based private equity investor JMI Equity has backed a developer of website security tools this morning. WhiteHat Security , which is based in Santa Clara, said this morning it raised $31M in a new funding round, which will go towards international expansion and towards efforts in the small and medium sized business market.

Equity 147

Equity San Diego Tool Capital 147

socalTECH

JANUARY 10, 2022

Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. Details of that funding were not announced by the company. Financial terms of the deal were not announced.

Mobile 113

Mobile Funding Equity Acquisition 113

socalTECH

MARCH 8, 2016

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. READ MORE>>.

Capital 100

Capital San Diego Equity Software 100

socalTECH

JANUARY 28, 2019

in what looks like a convertible note funding, based on a regulatory filing by the company. Details on the funding round, which is likely a bridge into a full equity funding, have not been announced. The funding was disclosed on Friday in a publicly available filing. HeyTutor is led by CEO Skyler Lucci.

Funding 113

Funding Venture Capital Equity Los Angeles 113