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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations.

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Chrome River Claims Record Revenues, Sales

socalTECH

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
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Alteryx Names Snags Marketing, Sales Execs From LifeLock, Tableau

socalTECH

Irvine-based data analytics software developer Alteryx said yesterday that it has named Seth Greenberg as Chief Marketing Officer (CMO), and Scott Jones as Chief Revenue Officer (CRO). Jones was previously Senior Vice President of America Sales at Tableau Software, and also served at SAP and E.piphany. READ MORE>>.

Sales 100
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Kareo Gets $29.5M For Cloud Medical Office Software

socalTECH

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
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VideoAmp Takes $275M For Media Measurement, Now Worth $1.4 Billion

socalTECH

Los Angeles-based media measurement and optimization software developer VideoAmp has raised $275M in funding, giving it a $1.4 The funding included The Spruce House Partnership, D1 Capital Partners, Tiger Global, EPIQ Capital Group and Ankona Capital Partners. billion valuation, the company said onn Thursday.

Media 113
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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Rowe Price, according to the company. Financial details of that acquisition were not announced.

San Diego 113
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LumaTax Raises $2M For Small Business Tax Reporting Software

socalTECH

LumaTax develops software which can be used by small businesses to automate the paperwork required for paying sales taxes. The startup is led by Robert Shulte, who was founder of sales tax software provider Taxient, which was based in San Diego, and who he sold to tax software developer Avalara in 2010.

Software 100