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Clearlake Capital Buys Confluence Technologies

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Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Capital 113
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OpenGate Capital Acquires InRule Technology

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Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced. READ MORE>>.

Capital 113
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Vincente Capital Partners Sells Intellectual Technology, Inc.

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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. Vincente Capital acquired ITI in November of 2012.

Capital 133
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Thin Line Capital Backs Solar Technology Developer

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Pasadena-based venture capital investment firm Thin Line Capital , a new venture capital firm led by venture veteran Aaron Fyke, has made its first investment, in a developer of solar technology. Size of the investment was not announced.

Capital 133
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Atar Capital Buys Canadian Technology Distributor Microcel

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Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel. Atar Capital is led by founder and Managing Partner Cyrus Nikou. Microcel represents such vendors as GoalZero, Polk, Belkin, fitbit and Logitech, and was founded in 1989. READ MORE>>.

Capital 140
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MTech Capital Raises $75M Insurance Technology Fund

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Los Angeles- and London-based MTech Capital , a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. READ MORE>>.

Capital 113
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Lead Edge Capital Raises $150M Fund

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Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. Lead Edge Capital said the new fund brings the company's total capital under management to over $3 billion.

Capital 203