socalTECH

JULY 27, 2020

Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Financial details of the sale were not announced. Arrowroot Capital said it will continue to own a minority interest in the company.

Capital 113

Capital Santa Monica Equity Sales 113

socalTECH

FEBRUARY 27, 2020

Los Angeles-based ringDNA , the venture-backed startup which is developing artificial intelligence tools to help sales teams, says it has acquired a popular podcast focused on sales. According to the company, it has acquired the sales podcast "Accelerate!", Financial details of the deal were not announced. READ MORE>>.

Artificial Inteligence 140

Artificial Inteligence Sales Tips Los Angeles 140

socalTECH

DECEMBER 7, 2017

Santa Monica-based Cornerstone OnDemand , which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday.

Cornerstone OnDemand 100

Cornerstone OnDemand Sales Santa Monica IBM 100

socalTECH

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Financial terms of the sale were not announced. funding round for Docupace in 2016. READ MORE>>.

Capital 113

Capital San Diego Equity Los Angeles 113

socalTECH

JULY 14, 2021

Los Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The funding was split between a $12.25M, Series A funding round led by Menlo Ventures, and an earlier $5M Series Seed funding which was led by Upfront Ventures.

Sales 124

Sales Software Seed Funding Los Angeles 124

socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Financial terms of the sale were not announced.

Capital 133

Capital Technology Equity Los Angeles 133

Both Sides of the Table

OCTOBER 11, 2016

Fundamentally venture capital is about human capital. The explosion of mobile phones has led to a boom in inbound click-to-call traffic that has proven to convert at a higher close rate and increase average-order-value over web-only sales & marketing. Venture Capital is a people business. Nothing fancier.

Venture Capital 150

Venture Capital Capital CTO Coach Startup 150

socalTECH

FEBRUARY 27, 2019

SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018.

Capital 113

Capital Santa Monica Venture Capital Research 113

socalTECH

JANUARY 24, 2012

Santa Monica-based GraphEffect , the venture-backed developer of social marketing software, said today that it has hired both a Sales and Marketing VP. The firm said it has appointed David Pollet as Vice President of Sales, and named Jennifer Cooley as Vice President of Marketing and Business Development. READ MORE>>.

Sales 213

Sales Marketing Santa Monica Media 213

socalTECH

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm. OpenGate Capital had acquired Getronics LATAM in 2010.

Capital 113

Capital Equity Los Angeles Sales 113

socalTECH

DECEMBER 23, 2020

Here, we have Greg Martin, Founder and Managing Partner of Archer Venture Capital (www.archervc.com). At Archer, we had two very successful exits with the sale of Swoop, our healthcare data business and the sale of Credit Karma to Intuit. Greg Martin is Founder and Manging Director of Archer Venture Capital (www.archervc.com).

Venture Capital 124

Venture Capital Capital Technical Review Brentwood 124

socalTECH

JANUARY 24, 2018

Playa Vista-based Appetize , which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail market, has raised $20M in a Series B funding, the company said on Wednesday morning.

Sales 124

Sales Funding Capital Services 124

socalTECH

APRIL 12, 2017

Fullerton-based Digsy has rolled out a new, sales software platform specifically aimed at helping commercial real estate brokers better manage their sales teams. The company said it has users at such companies as CBRE, JLL, Cushman & Wakefield, Colliers International, NAI Capital, Sandler Sales Training and others.

Sales 124

Sales Tech Coast Angels Software Training 124

socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago.

Capital 100

Capital Equity Los Angeles Design 100

socalTECH

FEBRUARY 23, 2017

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

JUNE 1, 2021

iLife said the funding was led by Foundation Capital, and also include AME Cloud Ventures and Cherubic Ventures. Playa Vista-based iLife, a startup which is developing tools to help life insurance agents set up their own, branded "digital insurance agency", has raised $4M in a seed funding round, according to the company.

Sales 113

Sales Seed Funding Startup Tool 113

socalTECH

MARCH 12, 2014

San Diego-based TaxJar , a developer of online software which helps manage sales tax payments for online retailers, said this morning that it has raised $600,000 from angel investors. software saas compliance government state online ecommerce sales funding angel capital venture taxjar' READ MORE>>.

Sales 159

Sales Software SaaS Seed Funding 159

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital acquired NetMotion Wireless back in 2012. READ MORE>>.

Capital 100

Capital Santa Monica Mobile Equity 100

socalTECH

MARCH 19, 2013

Los Angeles based Leads360 , the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better assign and drive leads and sales followups. Leads360 is led by Nick Hedges; the firm is venture backed by Rustic Canyon Partners and Volition Capital.

Rustic Canyon 193

Rustic Canyon Sales Los Angeles Pricing 193

socalTECH

JANUARY 19, 2018

Los Angeles-based expense and invoice management software developer 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>>.

Sales 113

Sales Software Development Los Angeles Software 113

socalTECH

MARCH 8, 2016

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. A part of the funding, TVC Capital's Steven J.

Capital 100

Capital San Diego Equity Software 100

socalTECH

MAY 7, 2015

Santa Barbara-based ShipHawk , the online marketplace for packing and shipping, said today that it has appointed Erica Deas to its sales team. Deas was previously Senior Director of Mid-Market Sales at Tapjoy. ShipHawk said Deas will take over the daily operations and development of its SaaS sales team.

Sales 100

Sales Santa Barbara SaaS Capital 100

socalTECH

JANUARY 24, 2018

Playa Vista-based Appetize , which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail market, has raised $20M in a Series B funding, the company said on Wednesday morning.

Sales 100

Sales Technology Funding Capital 100

socalTECH

JANUARY 23, 2013

GumGum , the developer of in-image advertising technology headed by Ophir Tanz, is bolstering its sales efforts, and has hired an Amazon veteran to head up western sales. According to GumGum, Matt Weisbecker has been appointed Vice President, Western Sales for GumGum, a new position for the company. Weisbecker was previously.

Sales 178

Sales GRP Partners Advertising Entertainment 178

socalTECH

NOVEMBER 10, 2020

The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP. Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round.

Software 124

Software Southern California Sales Equity 124

socalTECH

AUGUST 18, 2015

Santa Monica-based GumGum , which operates an online digital advertising platform aimed at visual content, said Tuesday that it has named John Weisgerber as its new Senior Vice President of Sales. GumGum is venture backed by Morgan Stanley, NEA, Upfront Ventures, First Round Capital, and Crosscut Ventures.

Sales 100

Sales Santa Monica Advertising Content 100

socalTECH

JANUARY 8, 2013

The bankruptcy sale of Agoura Hills-based videogame publisher THQ has been delayed until January 22nd, after a judge ruled yesterday that the delayed sale will allow other interested parties to bid for individual assets or the entire company. THQ also said that the court approved Clearlake Capital Group's bid for the entire company.

THQ 138

THQ Sales Agoura Hills Agoura 138

socalTECH

FEBRUARY 3, 2017

Los Angeles-based FloQast , which develops financial close management software, said this week that it has named Todd Ellwood as Vice President of Sales, and opened a new office in Columbus, Ohio. FloQast is venture backed by Amplify.LA, Polaris Partners and Toba Capital. According to the firm, Ellwood will head the new office.

Sales 100

Sales Commerce Los Angeles Software 100

Berkonomics

OCTOBER 4, 2018

Then in addition, there are the exits that returned some portion of capital, but nothing more. I cannot recall ever attending a closing dinner for a sale in which we returned only a portion of the investor group’s money. But the silence…. Sometimes, there is embarrassment or shame.

Sales 136

Sales Entrepreneur Writing Invest 136

socalTECH

APRIL 17, 2017

Los Angeles-based private equity investor Aurora Capital Group has sold Chicago-based Market Track , a provider of advertising, e-commerce, brand protection, and other information to retailers, brands, manufacturers, and others, to private equity buyer Vista Equity Partners. Financial terms of the sale were not announced.

Equity 113

Equity Capital Marketing Commerce 113

socalTECH

FEBRUARY 3, 2017

The company, which is backed by Iconiq Capital, Insight Venture Partners, and Meritech Capital Partners, said that Greenberg joins from LifeLock, where he also was CMO; he also has served at Intuit, serving as Vice President of Intuit QuickBooks.

Sales 100

Sales Marketing Software Development Software 100

socalTECH

MARCH 3, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. Financial terms of the sale were not disclosed. READ MORE>>.

Equity 138

Equity Capital Sales Los Angeles 138

socalTECH

SEPTEMBER 1, 2015

Venice, California-based anonymous messaging app developer Whisper said Tuesday that it has named Shelby Huston Haro as the company's Vice President of Sales. Whisper is venture backed by Sequoia Capital, Lightspeed Venture Partners, CAA Ventures, Tencent, Shasta Ventures, Thrive Capital, and others.

Sales 100

Sales Fandango Venice Entertainment 100

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

Software 100

Software Capital Funding San Diego 100

socalTECH

NOVEMBER 21, 2011

Santa Monica-based Gumgum , the celebrity image licensing and advertising startup headed by Ophir Tanz, has appointed a new VP of Sales, the firm told socalTECH today. The company said it has appointed Brennan Beyer as its new Vice President of Sales. Beyer joins the company from SocialVibe, where he also served as VP of Sales.

Sales 140

Sales GRP Partners Santa Monica SoCalTech 140

socalTECH

JUNE 5, 2018

Paycom Software , a publicly traded developer of cloud-based human capital management software, has opened up a new office in San Diego, the company said on Monday afternoon. The company said it will be hiring and recruiting sales staff in the new location. READ MORE>>.

San Diego 100

San Diego Sales Software Southern California 100

socalTECH

JUNE 26, 2012

Carlsbad-based Medsphere Systems , which develops open source, electronic health record (EHR) software, said this morning that it has named Mike Morotti as its Vice President of Sales. Medsphere is venture backed by Azure Capital Partners, EPIC Ventures, Thomas Weisel Partners, and Western Technology Investment. READ MORE>>.

Sales 140

Sales Invest Software Capital 140