socalTECH

SEPTEMBER 13, 2016

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels.

Santa Monica 100

Santa Monica SaaS Software Funding 100

socalTECH

JANUARY 2, 2019

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. We continue to focus on companies with Recurring Revenue (SaaS, Subcription) and in FinTech. More in-person contact is one of my 2019 goals. We expect some big things in 2019.

Capital 113

Capital Southern California Technical Review SaaS 113

socalTECH

DECEMBER 28, 2017

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

Capital 124

Capital Southern California SaaS SoCal 124

socalTECH

DECEMBER 11, 2015

Santa Monica-based Arrowroot Capital , an investment firm which invests in software-as-a-service and Internet-based businesses, said in a regulatory filing that it is raising a $50M fund. No details on the fund have been announced by Arrowroot Capital, which did not indicate any limited partners yet committed to the fund.

Invest 100

Invest Capital Funding Santa Monica 100

socalTECH

DECEMBER 22, 2020

Today, we have Kelly Perdew , Co-founder and General Partner of Moonshots Capital. This year ushered in the successful launch our second fund at Moonshots Capital, further validating our thesis that investing in extraordinary leadership produces exceptional companies. Contact our editors for details. Being grateful.

Capital 124

Capital Technical Review Truecar Southern California 124

socalTECH

JUNE 29, 2017

Fund size: $400M (Fund VI) Managing Partners: Mark Suster, Yves Sisteron Partners: Greg Bettinelli, Kara Nortman, Kobie Fuller, Kevin Zhang Investment interests: Seed or A-Round investments with a median check size of $2.8 Managing Director: Bill Maris (formerly of GV/Google Ventures) Investment interests: Health care investments.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

socalTECH

JANUARY 2, 2020

Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. One of our SaaS companies made great strides with a new product.

Capital 100

Capital SoCal Southern California SaaS 100

socalTECH

NOVEMBER 11, 2016

Our interview this morning is with Kelly Perdew of Moonshots Capital , a Los Angeles based investment firm that makes seed stage investments in early stage companies�and in particular, for this Veterans Day, in companies founded by military veterans. What kind of investments have you been making?

Capital 223

Capital Startup Invest Training 223

socalTECH

JUNE 17, 2021

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

Capital Technology Santa Monica Equity 113

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm, led by managing director Matthew J. READ MORE>>.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

JULY 27, 2010

Laguna Hills-based Parallax Capital Partners , an investment group which acquires and operates software companies, said today that it has acquired Seattle-based Daptiv , a provider of online software-as-a-service for project and portfolio management. Financial terms of the acquisition were not announced.

SaaS 157

SaaS Capital Acquisition Software 157

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? On the one hand, you’re over paying for every investment and valuations aren’t rational.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

MAY 14, 2019

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Size and terms of that investment was not announced by the companies.

Invest 113

Invest Santa Monica Equity Platform 113

socalTECH

DECEMBER 7, 2018

Santa Monica-based private equity investor Clearlake Capital Group has acquired Houston, Texas-based symplr , a provider of healthcare governance, risk, and compliance software. Clearlake acquired symplr from its existing set of private equity investors, Pamlico Capital and The CapStreet Group. READ MORE>>.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

NOVEMBER 21, 2019

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. Size and details on the financing round were not announced.

Invest 138

Invest Equity Software Help 138

socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Technology investing is the best job in the world, but it can be fraught with failure. 2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

MARCH 6, 2014

line of credit from SaaS Capital, SaaS Capital said Thursday morning. According to the company, Central Desktop wlil use the financing to accelerate time to market for its products, and also to invest in further growth. Saas Capital provides alternative financing to SaaS businesses.

SaaS 174

SaaS Pasadena Venture Capital Capital 174

TechCrunch LA

SEPTEMBER 13, 2021

Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management. With the new capital, SpotOn has raised $628 million since its inception.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But rest assured valuations get reset.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

APRIL 20, 2018

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. READ MORE>>.

West Hollywood 100

West Hollywood Capital Funding Hollywood 100

socalTECH

DECEMBER 15, 2021

Los Angeles-based LogicBoost Labs, a startup accelerator which focuses on pre-revenue and early-stage B2B SaaS startups, says it has made a $300K investment in Clarevent, which supplies video infrastructure for virtual events. The company said the investment was $200K in cash, plus another $100K in advisory services.

Services 113

Services SaaS Los Angeles Platform 113

socalTECH

AUGUST 8, 2019

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies.

Manhattan Beach 113

Manhattan Beach Invest UCLA Education 113

socalTECH

NOVEMBER 20, 2013

The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The company''s platform includes document sharing, collaboration, and other features, and it counts such clients as Thomson Reuters, Sun Capital, NextView Ventures, Edwards Lifesciences, Draper and Kramer, and Proprietary Capital.

Software Review 235

Software Review Funding Draper SaaS 235

socalTECH

SEPTEMBER 10, 2014

Aliso Viejo-based Telogis , the developer of route planning and fleet management software led by David Cozzens, said today that it has raised a strategic investment round. The funding came from Fontinalis Partners, the venture capital investment firm founded by WIlliam Clay Ford, Jr. READ MORE>>.

Funding 153

Funding SaaS Venture Capital Invest 153

socalTECH

FEBRUARY 19, 2020

Irvine-based Digital Motors , which develops software for the automotive industry, said this morning that it has received an investment from investor Autotech Ventures. Size of the investment was not announced. According to Digital Motors, it will use the new funding to accelerate its efforts.

Invest 113

Invest Commerce Software Sites 113

socalTECH

MARCH 16, 2017

Are you an entrepreneur, looking for capital here in Southern California? Here's a rundown of some of the venture capital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year. Moonshots Capital. so far in investments. Let us know!

Southern California 138

Southern California Artificial Inteligence Funding SoCal 138

TechCrunch LA

MAY 31, 2022

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. What’s your approach in investing in companies? The firm seems to have some good traction so far.

Software 163

Software Startup Funding Venture Capital 163

socalTECH

SEPTEMBER 24, 2013

Frank Slootman , the CEO of San Diego-based ServiceNow , has invested in a big data startup, as he continues to expand out his angel funding activity. That round was led by Ignition Partners, and also included Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective. READ MORE>>.

SaaS 202

SaaS Startup San Diego Venture Capital 202

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. It is easy to invest capital, but very, very hard to exit, so don't.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M READ MORE>>.

Capital 157

Capital San Diego Equity Software 157

socalTECH

OCTOBER 13, 2015

Los Angeles-based InvestCloud , a developer of cloud-based software to help investment advisors manage their customer experience and customer service, has raised $45M in a funding round, the company said Tuesday. The funding was led by FTV Capital. The startup is led by John Wise. READ MORE>>.

Invest 100

Invest Software Los Angeles Capital 100

socalTECH

SEPTEMBER 28, 2016

ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. ServiceNow did not say how much it is dedicating to investments. READ MORE>>.

Invest 100

Invest San Diego Venture Capital Platform 100

TechCrunch LA

DECEMBER 5, 2018

The Indianapolis -based company is one of the latest spinouts from High Alpha Studio, an accelerator and venture capital studio formed by Scott Dorsey, the former chief executive officer of ExactTarget.

Chief Technology Officer 145

Chief Technology Officer SaaS Metrics Customer 145

socalTECH

JANUARY 31, 2011

Los Angeles- and Chicago-based venture capital firm MK Capital is the lead investor in Texas-based ReachForce , a provider of data quality software for marketers. According to ReachForce, MK Capital led a $4.6M investment round in the company. MK Capital has its Los Angeles offices in Santa Monica. READ MORE>>.

Capital 157

Capital Funding Santa Monica Los Angeles 157

socalTECH

JANUARY 21, 2015

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

Software SaaS San Diego Invest 100

socalTECH

AUGUST 31, 2017

Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.

Artificial Inteligence 113

Artificial Inteligence SaaS Los Angeles Venture Capital 113

socalTECH

JANUARY 21, 2014

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' READ MORE>>.

Software 153

Software Southern California SaaS Venture Capital 153