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Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard softwaredeveloper Grow.com in a $16M Series B funding round. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County. READ MORE>>.
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>>.
Sales automation softwaredeveloper Leads360 said Wednesday that it has renamed the firm to Velocify , saying the new name better reflects its focus on "high-velocity" sales environments. Leads360 is venture backed by Rustic Canyon Partners and Volition Capital. READ MORE>>.
Santa Monica-based Lettuce , the online order capture and accounting softwaredeveloper for online businesses, has expanded its software, saying yesterday that it now supports invoices. lettuce online ecommerce saas order software invoice accounting' READ MORE>>.
Symplr , a healthcare risk and governance softwaredeveloper which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital.
San Diego-based Qualcomm has made an investment in virtualization softwaredeveloper 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.
West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a softwaredeveloperdeveloping code for running cannabis businesses. Casa Verde said when it launched last month that it will specifically invest in the "ancillary cannabis" industry.
million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. years of softwaredevelopment. With our increases in capital we hope to be able to serve you in the near-term future. Just over a year ago I wrote about how MakeSpace had raised $17.5
Santa Monica-based location analytics softwaredeveloper 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.
Santa Barbara-based RightScale , the cloud management softwaredeveloper backed by Tenaya Capital , DAG Ventures, Benchmark Capital , Index Ventures , and Presidio Ventures, and PHP developer Zend Technologies , said today that they have launched a jointly developed solution for deploying and managing PHP applications.
San Diego-based softwaredeveloper ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total.
San Diego-based productivity softwaredeveloper ClickUp said this morning that it has raised a huge, $400M Series C funding round, which gives it a valuation of $4 billion. ClickUp is led by Founder and CEO Zeb Evans.
Santa Monica-based enterprise softwaredeveloper 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>>.
El Segundo-based human capital and policy management softwaredeveloper 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.
Founder Developer Gap I’m assuming that the founders understand what they generally want to do with the business and where the product should be going. I provided a whole set of questions that I go through with founders before Startup SoftwareDevelopment – Do Your Homework Before You Develop Anything. Accounting?
Corona, California-based Clubspeed , a softwaredeveloper which developssoftware used by entertainment and activity centers to manage their business, has raised $20M in a funding round, according to investor Bellwether Financial Group.
Santa Monica-based business texting softwaredeveloper 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.
Los Angeles is becoming quite the hub for accounting software companies; the city already has one big public accounting softwaredeveloper, BlackLine, and also has FloQast, an accounting softwaredeveloper venture backed by Insight Venture Partners, Toba Capital, and Polaris Partners. READ MORE>>.
Los Angeles-based expense and invoice management softwaredeveloper Chrome River said on Thursday that it has had another year of record revenues and sales growth. The company is venture backed by Argentum Group, Bain Capital, First Analysis, and Great Hill Partners. READ MORE>>.
Los Angeles-based accounting softwaredeveloper FloQast is in a major expansion, saying this morning that it has relocated its headquarters to Sherman Oaks, and has tripled its office space. Floqast is a developer of close management software, used by accountants to close their books faster. READ MORE>>.
Santa Monica-based human capital management softwaredeveloper 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.
Carpinteria-based construction softwaredeveloper Procore , which is led by Tooey Cortemanche, announced late Thursday that it has raised $50M in a new funding, led by ICONIQ Capital. The company's cloud-based construction software is used to manage construction projects.
Santa Monica-based enterprise learning and human capital management softwaredeveloper 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.
Kittyhawk , a drone softwaredeveloper 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
Carpinteria-based construction softwaredeveloper Procore Technologies has launched two, brand new cloud-based software products to the market, Procore Construction Financials and Procore Quality & Safety , according to the company. Pricing on the new offerings was not announced. READ MORE>>.
San Diego’s Edico Genome, highlighted in Monday’s media debut of Dell Technologies Capital , said today it has raised $22 million in Series B financing led by the Dell investment arm. The new cash, which brings Edico’s total funding to $32 million, will be used to fuel expansion and further development of Edico’s Dragen technology.
Carpinteria-based softwaredeveloper Procore has raised $75M more in a funding round, bringing its valuation to a heady $3 billion, in a round led by Tiger Global Management, the firm said Thursday. According to Procore, the funding will go towards product development, partner platform expansion, plus hiring.
Aliso Viejo-based softwaredeveloper ThinkIQ , which is developingsoftware for the manufacturing industry, said today that it has raised $11.6M in its Series A funding round. The funding was led by Ecosystem Integrity Fund (EIF), and also included Hitachi Ventures and ArcTern Ventures.
Ashton Kutcher and his Los Angeles-based venture firm, Sound Ventures , are one of the backers of a new startup which says it can offer up on-demand, softwaredevelopment and design services.
Despite the growth, the company--which sells entirely B-to-B--has mostly stayed under the radar in Southern California's technology industry, which has a healthy number of growing (but quiet) enterprise softwaredevelopers. READ MORE>>.
Founded in 2013 by de Haaff and Chris Waters in the Bay Area, the company announced in July it had surpassed $40 million in annual recurring revenue from the subscribers to its software-as-a-service. Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha.
Jason Cohen, Capital Thought. Entrepreneurism / Monetization Cloud Computing, Entrepreneurism, SaaS. . The PepsiCo10 program in 2010 saw the company team up with Mashable and Highland Capital Partners to. Entrepreneurism / Monetization design, Recruiting, Softwaredevelopment. . Joshua Baer, Capital Factory.
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