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

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

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.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

AUGUST 30, 2013

Santa Monica-based Lettuce , the online order capture and accounting software developer for online businesses, has expanded its software, saying yesterday that it now supports invoices. lettuce online ecommerce saas order software invoice accounting' READ MORE>>.

Santa Monica 153

Santa Monica SaaS Software Development Software 153

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 MK Capital has its Los Angeles offices in Santa Monica. investment round in the company.

Capital 157

Capital Funding Santa Monica Los Angeles 157

socalTECH

FEBRUARY 28, 2014

Santa Monica-based Bitium announced Friday that it has raised $6.5M amplifyla amplify accelerator capital venture software saas cloud enterprise bitium' in a Serie A funding, to go towards its app management, single sign-on, and analytics tools. Bitium''s software is used for managing software-as-a-service apps.

Software 153

Software Santa Monica SaaS Venture Capital 153

socalTECH

OCTOBER 23, 2020

One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group is on an acquisition roll, acquiring yet another company. Clearlake Capital said the acquisition was made with its support along with SkyKnight Capital. Financial details of the deal were not announced.

Santa Monica 113

Santa Monica Equity Acquisition Capital 113

socalTECH

MARCH 8, 2021

Santa Monica-based business texting software developer EZ Texting, which is venture backed by Morgan Stanley Expansion Capital, Investor AB, and ROCA Partners, said last week that it has partnered with Shutterstock. According to the companies, the partnership makes millions of free images available to EZ Texting customers.

Santa Monica 113

Santa Monica Software Development Platform Customer 113

socalTECH

JUNE 28, 2021

Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon.

Commerce 113

Commerce Mobile Santa Monica Tool 113

socalTECH

SEPTEMBER 29, 2010

In what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. READ MORE>>.

Cornerstone OnDemand 208

Cornerstone OnDemand Southern California Santa Monica SaaS 208

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? We also focus heavily on geographies.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

FEBRUARY 21, 2020

Santa Monica-based Brace , a startup developing software to automate mortgage servicing, has raised $10M in a Series A funding round, according to the company. The funding was led by Point72 Ventures, and also included Crosslink Capital. Brace said the new funding brings its total raised to $15M.

Software 124

Software Santa Monica Platform Services 124

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

JULY 15, 2010

Santa Monica-based Corenerstone OnDemand , a developer of software-as-a-service for human resources and talent management, announced today that it has named Mark Goldin as Chief Technology Officer of the firm. Cornerstone OnDemand is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. READ MORE>>.

Cornerstone OnDemand 145

Cornerstone OnDemand Chief Technology Officer Santa Monica SaaS 145

socalTECH

OCTOBER 31, 2018

Santa Monica-based PatientPop , which develops healthcare practice management software, has raised a new round of funding, the company said this morning. The new funding round comes on top of earlier funding from Toba Capital and Silicon Valley Bank. The new funding brings its total raised to $75M. READ MORE>>.

Funding 113

Funding Santa Monica Software Capital 113

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. Cornerstone OnDemand is a developer of human capital and talent management software. READ MORE>>.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

MAY 17, 2016

Santa Monica-based PatientPop has raised another $10M in its Series A funding, bringing the amount raised in its first round to $20M, the company said Monday. The funding came from Toba Capital, athenahealth, and Silicon Valley Bank. The company said the new funding will go towards product development and expanding integrations.

Santa Monica 124

Santa Monica Software Funding Capital 124

socalTECH

NOVEMBER 15, 2016

Santa Monica-based human capital management software developer Cornerstone OnDemand has signed on Italian luxury menswear brand Canali as its newest customers. Cornerstone OnDemand said Canali is implementing its talent management software to better recruit, develop, and manage its people.

Cornerstone OnDemand 100

Cornerstone OnDemand Santa Monica Software Development Software 100

socalTECH

NOVEMBER 9, 2010

Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Tags: cornerstone ondemand merger acquisition exit software saas. The firm also revealed that it has bolstered its list of clients to 410 clients, versus 390 in its original S-1 filing. Cornerstone OnDemand filed for an IPO in September.

Cornerstone OnDemand 133

Cornerstone OnDemand SaaS Santa Monica .Net 133

socalTECH

OCTOBER 15, 2012

Funding for the Santa Monica company came from Crosscut Ventures, 500 Startups, Launchpad LA, Baroda Ventures, Zelkova Ventures, and Double M Capital. Lettuce , a developer of software to help manage order capture, inventory, and accounting for online businesses, has raised $2.1M in a seed funding round. READ MORE>>.

Santa Monica 159

Santa Monica Seed Funding Software Capital 159

socalTECH

SEPTEMBER 15, 2017

Santa Monica-based enterprise learning and human capital management software developer Cornerstone OnDemand said this mroning that it has been selected by the University of Georgia, to help support professional development and regulatory compliance at the school. Financial impact of the win was not announced.

Cornerstone OnDemand 100

Cornerstone OnDemand Southern California Santa Monica Education 100

socalTECH

OCTOBER 3, 2018

Kittyhawk , a drone software developer backed by Santa Monica-based Bonfire Ventures, has scored new funding from insurance company Travelers, the company said today. The startup, based in San Francisco, says it has now raised $9.5M

Funding 124

Funding Santa Monica Software Development Software 124

socalTECH

MARCH 2, 2011

Santa Monica-based Cornerstone OnDemand , which develops online learning and talent management software, said Wednesday morning that it expects its IPO to price between $9.00 Cornerstone OnDemand is headed by Adam Miller, and is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. and $11.00

Cornerstone OnDemand 245

Cornerstone OnDemand Santa Monica Pricing Software 245

socalTECH

MAY 14, 2020

Carter--best known for his work in the music industry--also is now well known for early positions in such companies as Uber, Lyft, Dropbox, Spotify, and Warby Parker, among other companies, including Santa Monica's Thrive Market. READ MORE>>.

Santa Monica 113

Santa Monica Demand Product Software 113

socalTECH

MARCH 12, 2009

Santa Monica-based Cornerstone OnDemand , a developer of talent management and human resources management software, said Thursday afternoon that it has raised $12.7M The round was led by Meritech Capital, and also included prior investors Bessemer Venture Partners and Bay Partners. in a new round of financing. READ MORE>>.

Cornerstone OnDemand 100

Cornerstone OnDemand Santa Monica SaaS Resource 100

socalTECH

JULY 16, 2019

Santa Monica-based Casetabs , a developer of cloud-based software used for surgical case coordination, has raised $3M in a funding round, the company said on Tuesday morning. Source of the funding round was not announced by the company. Casetabs is led by founder and CEO Gave Fabian.

Santa Monica 113

Santa Monica Software Funding Develop 113

socalTECH

MARCH 5, 2013

Santa Monica-based location analytics software developer MomentFeed announced Tuesday morning that it has signed on some big brands as customers of the firm. MomentFeed is backed by Gold Hill Capital, DFJ Frontier, DFJ-JAIC Venture Partners, Double M Capital, Daher Capital, as well as a long list of local angel investors.

Customer 164

Customer Custom Santa Monica Social Media 164

socalTECH

MARCH 16, 2011

Santa Monica-based Cornerstone OnDemand is expected to debut Thursday in an IPO on the NASDAQ Global Market. Barclays Capital, William Blair & Company, Pacific Crest Securities, Piper Jaffray, and JMP Securities. Barclays Capital, William Blair & Company, Pacific Crest Securities, Piper Jaffray, and JMP Securities.

Cornerstone OnDemand 174

Cornerstone OnDemand Santa Monica Resource Pricing 174

socalTECH

MARCH 16, 2011

Santa Monica-based Cornerstone OnDemand has priced its IPO at $13.00 The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. per share, above its estimated offering range of between $9.00

Cornerstone OnDemand 133

Cornerstone OnDemand Pricing Santa Monica Resource 133

Both Sides of the Table

JANUARY 14, 2014

If you want to understand the power of how they’re built inbound call management into a SaaS category where they’re the market leader watch this one minute video. It’s funny but recently I was at the CornerstoneOnDemand conference in Santa Monica. I’ll wait. You’re data looks fantastic.

Email 339

Email SaaS Venture Capital Google 339

socalTECH

MARCH 17, 2011

Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. after its IPO debut a $13.00 MaxLinear, Green Dot, and ReachLocal. READ MORE>>.

Cornerstone OnDemand 164

Cornerstone OnDemand ReachLocal Southern California Santa Monica 164

socalTECH

MARCH 17, 2011

Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources software headed by Adam Miller, were up nearly 47 percent Thursday in its initial public offering. The firm, which debuted on the NASDAQ Global Market, had debuted in the morning at $13.00 READ MORE>>.

Cornerstone OnDemand 165

Cornerstone OnDemand Southern California Santa Monica Resource 165

socalTECH

NOVEMBER 16, 2011

Santa Monica-based ServiceMesh , a developer of cloud computing management software, announced today that it has raised $15M in a funding round. The round came from Ignition Partners. Servicemesh is headed by former venture capitalist Eric Pulier, and was co-founded by Frank Martinez.

Cloud Computing 150

Cloud Computing Santa Monica Software Funding 150

Tech Zulu Event

JANUARY 27, 2016

at Cross Campus in Santa Monica. More recently in 2015, Kiel helped launch Machine Shop Ventures, a venture capital fund that invests in early-to-growth stage companies with a global scope. JOE GUZEL – VENTURE CAPITAL INVESTOR – CROSSCUT VENTURES. Joe Guzel leads investing activity at CrossCut Ventures.

Startup 40

Startup Santa Monica Venture Capital SaaS 40

socalTECH

OCTOBER 10, 2008

Santa Monica-based Cornerstone OnDemand, which develops software-as-a-service for talent and employee management, said this week that it has signed on Barry-Wehmiller Companies, a capital equipment provider and engineering consulting services firm.

Cornerstone OnDemand 113

Cornerstone OnDemand Santa Monica Resource Software 113

Both Sides of the Table

MARCH 23, 2015

Last week Fred Wilson and I sat down in Santa Monica for an hour+ discussion with the video cameras rolling. One of the questions we discussed is, “How much capital should a startup raise?” ” Fred & I are both in agreement that there is a tension between capital constraints and creativity.

Venture Capital 150

Venture Capital Startup Writing Blogging 150

Tech Zulu Event

DECEMBER 17, 2012

24 7pm at The ROC in Santa Monica. Topics of discussion will be Saas, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2013, creating value with your company, hiring problem solvers, and building sensible businesses. Our Panelist Include: Erik Rannala , Co-Founder & Managing Partner @ MuckerLab.

Startup 110

Startup Activision Santa Monica SaaS 110