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Report: Clearlake Capital Seeks To Sell Perforce

socalTECH

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

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Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M

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The startup--which was co-founded by Kenny Daniel, who was recently pursuing a PhD in Artificial Intelligence at USC--says that it has created an online platform to let software engineers find different algorithms for us. The funding came from Madrona Venture Group, Rakuten Ventures, Deep Fork Capital, and angels. READ MORE>>.

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Path.To Opens Job Matching Service In Los Angeles

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Path.To , which operates a service to match up companies with software engineers, interactive designers, and other IT professionals by matching personalities, skills, and social graph, said Tuesday that it has expanded support into the Los Angeles area.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. Local Capital – I do believe that you’ll struggle to get a community started without some local capital.

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TuSimple Takes $95M For Autonomous Trucking Technology

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and Composite Capital. Based on the company's open positions, it appears its San Diego team includes a significant number of software engineers, as well as administrative functions. The funding came from Chinese investors SINA Corp. TuSimple says it has now raised a total of $178M. The company was founded in 2015.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

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California Technology Ventures Invests In Games Firm

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Pasadena-based venture capital firm California Technology Ventures has staked a developer of a video game software engine, Blade Games , with a $4M investment. Tags: california ventures technology video game venture blade software capital developer blade3d.

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