socalTECH

JULY 12, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings , to an affiliate of Getronics Group. Pomeroy provided information technology services, including managed services, to the middle market and enterprise customers.

Capital 113

Capital Santa Monica Equity Acquisition 113

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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

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SEPTEMBER 21, 2017

Santa Monica-based March Capital Partners has joined in another funding round for Palo Alto-based Activehours , as part of a $39M funding. Activehours said the new, $39M investment round was led by Andreessen Horowitz, and also included Matrix Partners, Ribbit Capital and March Capital Partners. READ MORE>>.

Capital 113

Capital Funding Santa Monica Mobile 113

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DECEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has led a recapitaliation of Knight Energy Holdings , a provider of oilfield rental tool services for the oil and natural gas industry. Financial details of the recapitalization were not announced.

Capital 113

Capital Santa Monica Equity Tool 113

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MAY 14, 2014

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it is in an agreement to acquire ConvergeOne , a Minnesota-based provider of communications and managed services to the enterprise market. Financial details of the buy were not disclosed. READ MORE>>.

Capital 138

Capital Santa Monica Equity Invest 138

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NOVEMBER 19, 2014

Have a flat tire, locked yourself out of your car, or need a tow--but not a member of a roadside assistance service? Santa Monica-based Honk has launched a service for you, specifically to let you summon roadside help using your smartphone--without a membership. Honk also revealed that it has raised $1.8M READ MORE>>.

Help 190

Help Services Demand Santa Monica 190

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JUNE 28, 2013

Santa Monica-based private equity firm Clearlake Capital has completed the acquisition of the North American Rental and Tubular Services divisions of Archer Limited, the firm said today. The new company will be renamed IronGate Energy Services. billion in capital. Clearlake manages around $1.4 READ MORE>>.

Acquisition 147

Acquisition Capital Santa Monica Equity 147

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AUGUST 2, 2017

Santa Monica-based March Capital Partners , along with another local investor, Crosscut Ventures , have both made investments in a new Techstars company, Branch Messenger , Branch announced this morning. March Capital's Jim Armstrong and CrossCut's Brett Brewer were both involved in the investment deal. READ MORE>>.

Capital 113

Capital Invest Santa Monica Los Angeles 113

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DECEMBER 16, 2015

Santa Monica-based private equity investor Clearlake Capital Group has scored an exit with one of its portfolio companies, Chicago-based Inventus Solutions. Inventus develops e-discovery services to the Fortune 1000, global law firm, and government agency markets. Clearlake Capital acquired Inventus in June of 2013.

Capital 100

Capital Santa Monica Equity Services 100

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JUNE 7, 2013

Santa Monica-based private equity firm Clearlake Capital said this week that it has acquired the Retail Solutions Group of Agilisys , a provider of technology and managed services for the retail market. Clearlake Capital said it will rename the group as Kyrus Solutions. READ MORE>>.

Capital 147

Capital Santa Monica Equity Sales 147

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OCTOBER 25, 2021

Santa Monica-based wine subscription service Winc postponed its IPO on Thursday. The IPO was being underwritten by BofA Securities, Canaccord Genuity, Craig-Hallum Capital Group, and Roth Capital. Winc has not announced the reason for the delay. and $16.00 Winc had filed to list on the NYSE as WBEV.

Santa Monica 113

Santa Monica Capital Services Acquisition 113

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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

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DECEMBER 20, 2018

Santa Monica-based Fair , which operates a service which lets consumers essentially gain access to automobiles on a month-to-month "car-as-a-service" program, has raised a giant, $385M funding round. According to the company, so far, it has provided cars for more than 20,000 users.

Services 113

Services Truecar Santa Monica Funding 113

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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

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AUGUST 19, 2021

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. The company is owned by Clearlake Capital Group and Charlesbank Capital Partners.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

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NOVEMBER 2, 2017

Santa Monica- and Irvine-based Onica , a provider of IT services focused on cloud-based platforms like Amazon Web Services (AWS), has raised $20M in a funding round, the company announced this week. The company--formerly known as CorpInfo--said the funding came from Sunstone Partners. Onica is led by CEO Stephen Garden.

Services 113

Services Santa Monica Web Resource 113

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SEPTEMBER 21, 2015

Santa Monica-based investor Clearlake Capital said today that it is behind a deal where HEAT Software will acquire the Absolute Manage and Absolute Service businesses from Absolute Software Corporation. HEAT Software is a portfolio company of Clearlake Capital, and is based in Milpitas.

Acquisition 100

Acquisition Software Capital Santa Monica 100

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DECEMBER 9, 2013

Santa Monica-based private equity investor Clearlake Capital Group has rolled up three companies into a new company called Calero Software , the company announced today. Clearlake Capital said that Calero is made up of the business operations of Veramark Technologies, PINNACLE, and Movero. READ MORE>>.

Capital 147

Capital Software Company Companies 147

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FEBRUARY 12, 2015

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired enterprise service management software company FrontRange , and will merge it with another of its portfolio firms, Lumension. The newly merged company will be called HEAT Software. READ MORE>>.

Capital 100

Capital Santa Monica Equity Acquisition 100

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FEBRUARY 27, 2017

Santa Monica-based HomeHero , which had been working on creating and online marketplace for in-home, senior care services, has called it quits , according to co-founder Kyle Hill. and also had raised funding from Graham Holding Company, Social+Capital Partnership, Tencent Holdings Limited and The Launch Fund.

Services 100

Services Santa Monica Incubator Funding 100

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MAY 21, 2019

The Precellerator , the Santa Monica-based startup incubation and accelerator effort with ties to local technology law firm Stubbs, Alderton, and Markiles LLP, has opened up applications for its next class of startups, the accelerator said on Tuesday. The new class starts on September 3rd. READ MORE>>.

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Class Santa Monica Startup SoCalTech 133

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AUGUST 31, 2021

Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies.

Invest 113

Invest Santa Monica Equity Advertising 113

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DECEMBER 23, 2019

Today, we share the thoughts of Aaron Fyke , the founder and Managing Director of Thin Line Capital (www.thinlinecapital.com), a venture capital firm in the energy and sustainability space. With support from prior backers of mine, Thin Line Capital was launched. We'll be featuring contributions all through the holiday season.

Artificial Inteligence 100

Artificial Inteligence Capital Venture Capital Southern California 100

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MAY 7, 2021

Santa Monica-based ReCharge, a developer of subscription e-commerce tools, has raised $277M in a funding round from Summit Partners, ICONIQ Growth, and Bain Capital Ventures. According to the company, the new funding round values the company at $2.1

Santa Monica 113

Santa Monica Commerce Tool Funding 113

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JULY 1, 2021

nThrive, the healthcare revenue cycle management software developer which is owned by Santa Monica-based private equity investor Clearlake Capital, has both a new CEO and CFO, the companies said today. Goel was most recently CEO of Capsule Technologies, and also had served at Spok and Siemens Health Services.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

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JUNE 25, 2021

Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. According to Apax Digital, the new funding will go to expand Revolution Prep's offering and to increase access to its online tutoring services. Size of the funding was not announced.

Funding 200

Funding Santa Monica Equity Services 200

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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

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SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. The funding included $6.3M in equity, and $100M in debt.

Equity 113

Equity Santa Monica Commerce Funding 113

TechCrunch LA

MARCH 9, 2016

Santa Monica-based Mucker Capital has raised $45 million for its third fund, Mucker III. The Silicon Beach firm said that it will continue to invest in software and services startups and continue to focus on the greater Los Angeles area. “We are founders, just like the… Read More.

Capital 100

Capital Santa Monica Funding Los Angeles 100

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MARCH 26, 2015

Santa Monica-based HONK , the on-demand, roadside assistance app startup led by Corey Brundage, said this morning that it has raised $12M in a Series A funding round. The funding was led by Altpoint Ventures, and also included Structure Capital, Karlin Ventures, Expansion VC, and Venture51. READ MORE>>.

Demand 100

Demand Services Santa Monica Startup 100

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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

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

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OCTOBER 23, 2018

Santa Monica-based Tala , which provides financial services for underserved consumers using their mobile phones, has scored new funding, from PayPal, the company disclosed this week. Size of the new funding was not announced. READ MORE>>.

Funding 113

Funding Santa Monica Mobile Capital 113

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MARCH 8, 2018

Santa Monica-based Ordermark says it has raised $3.1M The funding was led by TenOneTen Ventures, and also included Act One Ventures, Mucker Capital, and others. Ordermark, led by CEO Alex Canter, develops software which is used by restaurants to handle orders from multiple, online ordering services. READ MORE>>.

Santa Monica 113

Santa Monica Seed Funding Platform Resource 113

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MARCH 27, 2018

Santa Monica-based Bird , which offers up rentals of electric scooters for the "last mile" of your commute, has expanded to San Francisco, San Jose, and Washington, DC. Bird previously only offered up its services in Santa Monica, San Diego, and some other parts of Los Angeles.

Santa Monica 124

Santa Monica San Diego Equity Los Angeles 124

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JANUARY 27, 2021

Santa Monica-based Science, the startup studio led by Mike Jones and Peter Pham, has launched its own Special Purpose Acquisition Company (SPAC), called Science Strategic Acquisition Corp. Alpha (SSAA). According to Science Strategic Acquisition Corp.

Santa Monica 113

Santa Monica Acquisition Entertainment Pricing 113

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SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 and $28.00 The company is looking to raise as much as $1.1 billion through its IPO on the NASDAQ Global Select Market. GoodRx has filed to trade as GDRX. Seelaus & Co.,

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113