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JANUARY 24, 2019

Santa Monica-based venture investor March Capital Partners said on Thursday afternoon that it has raised a second fund, worth $300M. March Capital said it is looking to invest in AI in the enterprise, industrial IoT and infrastructure, next-gen consumer technologies, and growth in India, plus in esports and gaming.

Capital 113

Capital Funding Santa Monica Invest 113

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SEPTEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Clearlake created Calero in 2013, when it rolled up three companies--Veramark Technologies, PINNACLE, and Movero--into a single entity.

Capital 113

Capital Software Riverside Santa Monica 113

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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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NOVEMBER 2, 2017

Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud , a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology. READ MORE>>.

Capital 140

Capital Santa Monica Venture Capital Invest 140

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OCTOBER 4, 2017

FogHorn Systems , a developer of machine learning software for the industrial and commercial IoT market, which is backed by Santa Monica-based venture investor March Capital, has scored more funding. FogHorn Systems is based in Mountain View, California. READ MORE>>.

Capital 100

Capital Artificial Inteligence Santa Monica Venture Capital 100

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MAY 5, 2014

Santa Monica-based Tennenbaum Capital Partners said Monday that it has added Brad Pritchard as a new Managing Director at the company, focused on investments in the energy sector. tennenbaum capital partners executive finance middle market htgc' READ MORE>>.

Capital 147

Capital Santa Monica Invest Marketing 147

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APRIL 3, 2018

Streaming game engine developer Genvid Technologies --which is backed by Santa Monica's March Capital Partners--has raised $6M in new funding, in a Series A investment, the company said today. Genvid is based in New York. Genvid has now raised $10M in total. READ MORE>>.

Capital 100

Capital Santa Monica Invest Funding 100

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JUNE 9, 2021

Santa Monica-based Luxury Travel Hackers said today that it has launched a new company, focused on helping the "mobile millennial" book "influencer-curated" trips via social media, with a seed funding. Managas of Centerfire Capital, LLC; Mangas apparently is the former CEO of Starwood Hotels & Resorts Worldwide.

Seed Funding 113

Seed Funding Social Media Funding Santa Monica 113

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JUNE 27, 2018

Santa Monica-based Honk Technologies , the on-demand, roadside assistance app startup led by Corey Brundage, said Wednesday that it has raised $18M in a new funding round. The funding was led by Altpoint Ventures, and also included Structure Capital and Venture 51.

Demand 100

Demand Technology Santa Monica Startup 100

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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. Clearlake Capital acquired NetMotion Wireless back in 2012. Financial terms of the sale was not announced. READ MORE>>.

Capital 100

Capital Santa Monica Mobile Equity 100

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SEPTEMBER 6, 2018

Santa Monica-based Ordermark , a developer of online ordering management software and systems for the restaurant industry, has raised $9.5M Canter--whose great grandfather founded LA's Canter's Deli --started developing the technology behind Ordermark after seeing firsthand the chaos generated by online ordering services at Canter's.

Technology 100

Technology Santa Monica Software Capital 100

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JULY 14, 2010

Redwood City-based YuMe , a Bay Area provider of video advertising technology, announced today that it has set up shop in Santa Monica with a new sales office.

Santa Monica 100

Santa Monica IBM IBM Advertising 100

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JULY 23, 2018

Santa Monica-based venture inestor March Capital Partners is again the lead on an investment round this morning, in Silicon Valley-based Xage Security , a new startup focused on industrial internet-of-things (IoT) security. Xage, which is based in Palo Alto, said this morning that it raised $12M in a Series A funding round.

Capital 100

Capital Funding Santa Monica Networking 100

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DECEMBER 23, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. This was the cumulation of several years as an entrepreneur based in Pasadena growing clean energy technology companies.

Artificial Inteligence 100

Artificial Inteligence Capital Venture Capital Southern California 100

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DECEMBER 12, 2013

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. truecar venture capital vulcan auto buying executive' READ MORE>>.

Truecar 187

Truecar Capital Santa Monica Venture Capital 187

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JULY 15, 2013

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people. venture capital deals per 100,000 people.

Santa Barbara 263

Santa Barbara San Diego Venture Capital Capital 263

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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. READ MORE>>.

Invest 100

Invest Capital Funding Southern California 100

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JANUARY 15, 2016

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks , as part of a new $27M funding round for that company. VeloCloud develops software-defined, wide-area-networking (WAN) technology. READ MORE>>.

Capital 100

Capital Funding Santa Monica Venture Capital 100

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MARCH 2, 2017

VeloCloud Networks a , a developer of software defined, wide area networking (WAN) technology which is backed by Santa Monica-based March Capital Partners, has raised $35M in a big funding round, the company announced today. VeloCloud was one of the first disclosed investment in March Capital's first fund.

Capital 100

Capital Santa Monica Networking Invest 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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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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SEPTEMBER 14, 2021

Symplr, the enterprise healthcare software company owned by Santa Monica-based private equity investor Clearlake Capital Group, said this morning that it has agreed to acquire Halo Health, a provider of clinical communication and collaboration software. The deal was backed both by Clearlake and Charlesbank Capital Partners.

Santa Monica 113

Santa Monica Equity Platform Software 113

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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>>.

Class 133

Class Santa Monica Startup SoCalTech 133

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FEBRUARY 16, 2021

symplr, a developer of healthcare governance and compliance software, has acquired Phynd Technologies, a provider of a centralized provider data management platform for the healthcare market. Symplr is owned by Santa Monica-based private equity investor Clearlake Capital Group and SkyNight Capital.

Santa Monica 113

Santa Monica Equity Acquisition Platform 113

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JULY 27, 2021

Santa Monica-based car advertising technology developer Adway recently announced it has raised $6M in funding for a new, hardware-driven car advertising network, which uses images projected on the sides of a driver's car to gain exposure for advertisers. The company is led by CEO Sasha Krylov.

Advertising 113

Advertising Santa Monica Networking Capital 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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JULY 22, 2020

Santa Monica-based Mobalytics , a startup developing tools that help videogame players improve their hardcore gaming on such titles as League of Legends, Valorant, Teamfight Tactics, and Legends of Runeterra, has raised $11.25M in a funding round, the company said on Wednesday. The leads in the round were Almaz and Cabra.

Coach 124

Coach Santa Monica Venture Capital Tool 124

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MARCH 4, 2021

Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L).

Artificial Inteligence 113

Artificial Inteligence Santa Monica High Tech Training 113

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SEPTEMBER 24, 2012

Santa Monica-based private equity firm Clearlake Capital Group said today that it has acquired substantially all of the assets of Mformation Technologies , a developer of mobile device management software. Clearlake said the acquisition includes a "significant capital infusion" for the New Jersey company.

Mobile 140

Mobile Capital Santa Monica Acquisition 140

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JUNE 12, 2014

In a demonstration of the power of targeting in a world of ubiquitous computing power, Santa Monica-based ad startup GumGum is powering a new advertising campaign which is able to target ads based on hair color shown in photos. GumGum offers up in-image photo advertising technology, which slides in ads in photographs and images.

Technology 147

Technology Slides Santa Monica Help 147

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JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

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FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. As part of the funding, Arrowroot Capital Partner Kareem El Sawy will join the company's board of directors.

Funding 133

Funding Santa Monica Equity Capital 133

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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. The new funds will go towards expansion of its platform and technology.

Software 124

Software Santa Monica Platform Services 124

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APRIL 1, 2010

Clean technology venture cpaital deals hit $1.9 billion, across 180 clean technology companies in Q1, according to a report released yesterday by the Cleantech Group and Deloitte. According to the report, the investment represent a new record total in the number of quarterly clean technology investments.

Technology 160

Technology Draper Santa Monica Venture Capital 160

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MARCH 28, 2019

Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. The summit is now associated with March Capital Partners (www.marchcp.com). What's your role at March Capital?

Capital 162

Capital Entrepreneur Invest Artificial Inteligence 162

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MARCH 30, 2018

Santa Monica-based Halogen Ventures , a brand new, female-focused venture capital fund which is focused on consumer technology, has raised $10.4M The fund says it makes early stage venture capital ivnestments in female founded consumer technology companies. as part of its first fund, Halogen Ventures LP.

Draper 133

Draper Santa Monica Funding Venture Capital 133

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MARCH 7, 2018

Santa Monica-based Camera IQ , which is developing technology focused on the "camera experience", says it has raised $4.3M The funding came from Betaworks, Homebrew and WndrCo, Shasta Ventures, Presence Capital, Brilliant Ventures, Greycroft Tracker Fund, Silicon Valley Bank, Act One and Noname Ventures. READ MORE>>.

Santa Monica 124

Santa Monica Seed Funding Platform Funding 124