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Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. clearlake capital merger acuqisition tolt kyrus solutions retail management'
There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. This thinking is largely driven by the venture capital industry (and subsequently Wall Street) who are in search of high margin, highly scalable businesses. Why Shouldn’t Most Services Businesses Raise VC?
San Diego-based healthcare staffing firm AMN Healthcare Services said this morning that it has made a strategic investment in PipelineRx , a developer of clinical, telepharmacy medication management services. pipelinerx telepharmacy pharmacy outsourcing staffing strategic investment venture capital lifescience medical healthcare'
Agoura Hills-based Aligned TeleHealth , a provider of telemedicine services and technology, said today that it has raised a round of private financing from two individuals. lifescience capital venture telemedicine overseas remote consulting health physician outsourcing telehealth aligned' Size of the funding was not announced.
Unitas Global provides fully managed private cloud services to enterprises; the company''s backers include Azure Capital and MK Capital. unitas global executive enterprise cloud infrastructure servicesoutsourcing patrick shutt grant kirkwood' READ MORE>>.
Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. Financial details of the deal were not annoucned. Vereco was advised by B.
Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. ustglobal global venture capital strategic investment merger acquisition outsourcing'
Irvine-based CanopyHR Solutions , a provider of outsourced payroll and human resources services, announced today that it has received a investment from Claritas Capital Fund III, L.P. Tags: canopyhr human resources payroll outsourcing venture capital. Amount of the funding was not disclosed.
Bryce Maddock: TaskUs is the best provider in the world of customer care and back office services for emerging growth companies. Customer care, obviously, is emails, phone calls, and customer service back office services. We do a whole host of other back-office services in that space. So, what is TaskUs?
Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.
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.
Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. - First Principles.
Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The company is also crafting its user interface and subscription services around its passengers and renters. gallery ids="1815593,1815594,1815595,1815596"]. .
Irvine-based PathCentral , a provider of pathology services and software to community pathologists, said Tuesday that it has raised $10M in a Series B funding round. The round was led by Okapi Venture Capital, Arboretum Ventures, and Baird Venture Partners.
Startups that sell innovative new products seem to get all the attention these days, but services may be the quicker way to larger profits and faster growth. If you think about it, services make more sense in this social media age where relationships, personalization, and interaction are king. Advisory services. Everybody wins.
The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.
Rationale: My idea is so mind-blowingly fantastic that I must immediately spend some of my precious capital to protect it. Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. Grant Exclusivity.
This year, we're again sponsoring the Recurring Revenue Conference (www.recurringrevenueconference.com), presented by Sutton Capital Partners. Lots of startups talk about trying to outsource all their customer support. It sounds like you actually do all your customer service in house? Kevin Anderson: I think a couple of things.
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. During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
But recently I was asked about success factors for services startups, and I quickly realized that there is very little published to help the thousands of startups that fall in this category. The distinction between product companies and services companies is easy to see. Scaling services means cloning yourself.
Los Angeles-based CoreObjects , a provider of outsourced product development services to the venture-backed technology community, has raised $2.0M Tags: development software outsourcedcapital venture coreobjects. in a equity funding round, according to a regulatory filing by the firm today. READ MORE>>.
The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
Human resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. ADP offers up payrolls services and other human resources outsourcing. READ MORE>>.
Stiefler is a venture partner at Emergence Capital, which is also an investor in inQ. inQ provides outsourced, online chat services which are used to help companies improve sales conversions. In a statement, Stiefler said that his focus at inQ will be to help inQ build a large business serving financial institutions.
Agoura Hills-based inQ, a provider of outsourced web sales services, has renamed itself TouchCommerce, the firm said today. inQ offers web chat services for e-commerce web sites, which helps to close online sales and guide users to select and find products. inQ did not detail reasons for the name change. READ MORE>>
Los Angeles-based Unitas Global (www.unitasglobal.com) recently raised a round of funding from MK Capital and Azure Capital for its vision of helping enterprises make that transition to cloud technology. Companies were saying--we want to outsource these kinds of things, because they''re not our core competency.
Santa Monica-based business outsourcingservice provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.
Maybe it’s time to outsource that call center operation, or complex manufacturing setup. These are chances to broaden your product line, change distribution, offer new services. Sometimes your best source of new revenue is right under your nose, like services revenue in support of your products. to capitalize on hard times.
To start off the year, we are publishing our first interview for the season with Jamie Siminoff , the CEO of Los Angeles-based Unsubscribe.com , an online service which helps you unsubscribe from unwanted newsletters and email lists. in funding from Charles River Ventures, First Round Capital, DFJ Frontier, and angel investors.
I had joined AC in 1991 as a programmer when it was a relatively small practice focused on building corporate IT systems for Fortune 500 companies and there were a handful of companies that offered the same service. By 1999 we had grown into the largest independent consulting firm in the world. Double-down on great people, process & IP.
Santa Monica-based CaseStack, which provide supply chain and logistics services for retailers, distributors, and manufacturers, announced today that it has added Frank R. Kline is founder of the venture capital firm, and also sites on the baords of NewBridge College, Rayne Corporation, and Cyalume Technologies. to its board.
John Tomich: OneStop Internet is an e-commerce services company. We provide a turnkey, back end, managed service offering for brands and retailers on an outsourced basis. We are an option for brands who don''t want to build it themselves in-house, from soup to nuts, or don''t want to outsource to a single vendor.
Los Angeles-baesd Onestop Internet , which provides outsourced fulfillment and technology for brands and their e-commerce efforts, said Wednesday that it has named Denise Wallen-Grant as its new Vice President of Planning, Merchandising, and Allocation. Onestop Internet is backed by Bessemer Ventures and Fund Capital USA.
Mike Yavonditte is the founder of the “super hot&# Hashable , a startup out of NYC that has been described as a “ Mint.com for Social Capital ” Mike sold his previous company, Quigo , to Aol for $340 Million. Now, he ‘outsources’ his investments through John Frankel of Frankel Asset Management. were doing.
It's ironic that the best businesses did not spend a fortune in franchise fees, hire a huge staff, or even start with venture capital funds. They began small; a small business owner understanding a need, filling that need, and slowly adding products, services and people. Start on your own, and outsource later. Brandon Carl.
Back in 2003 and 2004, we were focused on the international market, and started outsourcing to India and the Philippines for call center services. Did you end up taking additional capital into the company? Dan Tamkin: All of it was done without additional capital. After buying the assets, it didn't take a dime.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
Maybe it’s time to outsource that call center operation, or complex manufacturing setup. These are chances to broaden your product line, change distribution, offer new services. Sometimes your best source of new revenue is right under your nose, like services revenue in support of your products. to capitalize on hard times.
The company says it assumes credit risk and manages loan servicing for its e-commerce payment options, which are aimed not at the B2C market, but instead at the B2B payment market. Tomich was previously founder of Onestop Internet, which provided outsourced handling of e-commerce for major brands. READ MORE>>.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
The company was incorporated in January of 2004, and we provide outsource e-commerce services to organizations, such as brands and retailers. The second, is we provide fulfillment services, such as product shipments. We started getting approached by venture capital and private equity, and we have eight figures in revenue.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
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