socalTECH

SEPTEMBER 17, 2020

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

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

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

socalTECH

FEBRUARY 28, 2014

Bitium''s software is used for managing software-as-a-service apps. amplifyla amplify accelerator capital venture software saas cloud enterprise bitium' The company said the new funding will go towards product development, sales, and marketing activities. Bitium was part of the Amplify LA accelerator.

Software 153

Software Santa Monica SaaS Venture Capital 153

socalTECH

JANUARY 12, 2011

Aliso Viejo-based Corent , which develops software tools to more easily port traditional software to the software-as-a-service model, has raised $3.2M Corent CEO Feyzi Fatehi confirmed the round, saying that the firm is seeing lots of traction from firms looking to "SaaS"-ify their software. READ MORE>>.

SaaS 157

SaaS Tool Funding IBM 157

TechCrunch LA

APRIL 27, 2021

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. The investment also brings its total capital raised since its 2008 inception to $386 million. Rowe Price Associates Inc. and OMERS Growth Equity.

Platform 244

Platform Equity SaaS Los Angeles 244

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. The company said it will use the funding for sales, marketing, and to enhance its software. READ MORE>>.

Software 153

Software Southern California SaaS Venture Capital 153

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

MAY 29, 2013

in a funding round, the firm announced today, for its "cloudpaging" software, which helps deliver Microsoft Windows applications into the cloud. According to Numecent, the funding was led by T-Venture, the venture capital arm of Deutsche Telekom. telekom deutsche capital venture enterprise conversion software saas cloud numecent'

Software 147

Software Technology SaaS Venture Capital 147

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. We expect some big things in 2019. Reading books continues to be a big focus for me.

Capital 113

Capital Southern California Technical Review SaaS 113

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

JUNE 16, 2015

Glendale-based ServiceTitan , a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. The funding was led by Bessemer Venture Partners, and also included I2BF Digital, Mucker Capital, and AMENALAV Group. READ MORE>>.

Services 100

Services Software Glendale Customer 100

socalTECH

JUNE 29, 2017

Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Core Innovation Capital. Moonshots Capital. Fund size: $250M growth fund Los Angeles Partners: Dana Settle, Mark Terbeek, Dylan Pearce, Paul Bricault, Jon Goldman. Section 32. www.section32.com.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

socalTECH

JANUARY 14, 2016

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE.

Customer 100

Customer Custom Software Services 100

socalTECH

APRIL 24, 2019

San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. The company says its customers include Fortune 500 companies, software-as-a-service vendors, and global service providers.

Services 113

Services Tool San Diego Software 113

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

AUGUST 27, 2013

Studio City-based FilmTrack , which develops software-as-a-service for managing rights and content management for the film, video, and television industry, has raised $20M in a funding round. software hollywood content management rights saas capital venture filmtrack' The round came from Insight Venture Partners.

Software 159

Software Studio City SaaS Hulu 159

socalTECH

DECEMBER 9, 2009

Solana Beach-based Service-Now , a developer of software-as-a-service for incident and service management, has raised $41.3M The filing indicates that the new funding came from Sequoia Capital, and that a significant part of the funding was used to purchase the stock of the firm's executives. READ MORE>>.

Services 140

Services SaaS Venture Capital Software 140

socalTECH

NOVEMBER 20, 2013

Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The startup--which is led by PayPal veteran Erik M.

Software Review 235

Software Review Funding Draper SaaS 235

socalTECH

AUGUST 20, 2010

San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses. READ MORE>>.

Software 181

Software Tech Coast Angels SoCalTech Pasadena Angels 181

socalTECH

DECEMBER 13, 2013

Irvine-based Mavenlink , a developer of a software-as-a-service offering for project management and project accounting, has raised $7M in funding. The funding came from Carrick Capital Partners. mavenlink venture capital saas software project management cloud collaboration' Mavenlink is led by Ray Grainger.

Tool 190

Tool SaaS Venture Capital Software 190

socalTECH

NOVEMBER 20, 2012

Newport Beach-based LiveTime Software , a developer of cloud-based, IT service management software, has been acquired by Absolute Software. Absolute Software said it paid less than $15M in cash and stock for LiveTime, which includes a three year earn-out. Absolute Software is based in Vancouver, Canada.

Software 147

Software Services Capital Product 147

TechCrunch LA

DECEMBER 5, 2018

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. And its software monitors and manages the full spectrum of the customer relationship with that product. What is it that they want to achieve and why did they buy my product.

Chief Technology Officer 145

Chief Technology Officer SaaS Metrics Customer 145

socalTECH

APRIL 17, 2013

Bitium said it is developing a Software-as-a-Service (SaaS) operating system, offering up everything from authentication and authorization of cloud-based software to features like consolidated messaging for apps. Gustavson was similarly involved at 5 Desks, One Cloud, Fastpoint, and SOA Software. READ MORE>>.

SaaS 208

SaaS Seed Funding Venice Venture Capital 208

socalTECH

MARCH 9, 2020

The Recurring Revenue Conference , the annual conference focused on scaling software-as-a-service and subscription businesses--which is presented by Sutton Capital Partners--has been postponed until sometimes this Fall, according to the conference organizers. READ MORE>>.

Conference 113

Conference Southern California SoCalTech Software Review 113

TechCrunch LA

SEPTEMBER 13, 2021

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. With the new capital, SpotOn has raised $628 million since its inception. 4 key areas SaaS startups must address to scale infrastructure for the enterprise. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

DECEMBER 8, 2009

Newport Beach-based Sendio , a developer of appliances for reducing spam, has expanded into the software-as-a-service business, saying today that it has launched a new, hosted online service. The new service is being delivered from a data center in Orange County. READ MORE>>.

Services 133

Services Orange County SaaS Outsource Development 133

socalTECH

JANUARY 22, 2019

This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Congrats on the new name for your venture capital firm. It's always hard with venture capital. Tell us a little bit about the firm? I was blown away.

Venture Capital 145

Venture Capital Startup Invest Capital 145

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? Many of the best exits are now routinely 12–14 years from inception because there is just so much private-market capital available at very attractive prices and without public market scrutiny. Capital is a lot less patient at scale. Of course we can’t. dot-com bonanza.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Xconomy

APRIL 23, 2019

ServiceNow, one of the most valuable software companies ever founded in San Diego, launched in 2003, before enterprise software-as-a-service became a topic of mainstream discussion. Read more » Reprints | Share:

Tool 82

Tool San Diego SaaS Venture Capital 82

socalTECH

OCTOBER 9, 2012

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. READ MORE>>.

Tech Coast Angels 140

Tech Coast Angels Capital Miramar Pasadena Angels 140

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

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. According to Vector Capital, Teletrac is currently providing network tracking of 200,000 vehicles across 87 countries.

SaaS 138

SaaS Equity Acquisition Software 138

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

JANUARY 4, 2011

Newport Beach-based LiveTime Software , a provider of Web 2.0 service desk software, has raised a round of debt funding, according to funding provider Agility Capital. LiveTime provides ITIL service management and help desk software via software-as-a-service.

Web 2.0 157

Web 2.0 Software Funding Web 157

socalTECH

FEBRUARY 4, 2016

Los Angeles-based OpenMethods , a developer of software for the contact center and telephony market, has raised $5M in a funding round, according to the company. The funding came from Kayne NewRoad Ventures Fund II, which is jointly run by Kayne Anderson Capital Advisors and NewRoad Capital Partners. READ MORE>>.

Oracle 100

Oracle Software Los Angeles Capital 100

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates.

Services 218

Services Venture Capital Equity Los Angeles 218