L.A. Business Journal

FEBRUARY 22, 2018

Caltius Equity Partners announced on Feb. 22 the sale of its portfolio company Vision Technology Solutions, a website developer for government organizations in the U.S. and Canada, to cloud-based software developer Granicus for an undisclosed amount.

Equity 100

Equity Technology Web Development Software Development 100

socalTECH

JULY 25, 2018

San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. Financial details of the deal were not announced.

San Diego 100

San Diego Equity Capital Software Development 100

socalTECH

MAY 20, 2013

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said Vista Equity Partners will pay $24.75 per share in cash for the company. The deal is worth approximately $1 billion.

Equity 159

Equity San Diego Software Development Acquisition 159

socalTECH

MARCH 31, 2021

San Diego-based K2 Insurance Services, which owns a number of insurance services companies, said it has acquired software developer Loss Run Pro. Loss Run Pro develops subscription-based software that helps request, track, and manage loss runs. Financial details of the acquisition were not announced.

Services 124

Services Software Company Companies 124

socalTECH

JULY 29, 2021

San Diego-based marketing software developer SOCi annoucned on Thursday that it has acquired Brandify, a provider of location-based digital marketing. SOCi is led by CEO Afif Khoury, and is backed by JMI Equity. The company recently raised $80 From JMI Equity. The company recently raised $80 From JMI Equity.

San Diego 113

San Diego Equity Software Development Platform 113

SoCal CTO

JANUARY 18, 2011

During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

CTO 167

CTO CTO Hire CTO Coach Equity 167

socalTECH

FEBRUARY 19, 2021

Irvine-based software developer Performio, which develops incentive compensation management software, says it saw 110 percent growth in North America for its FY2020, after relocating its headquarters to Irvine in 2019.

Software Development 113

Software Development News Equity Software 113

SoCal CTO

JANUARY 18, 2011

During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

CTO 150

CTO CTO Hire CTO Coach Equity 150

socalTECH

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

socalTECH

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. nThrive said it has named Hemant Goel as Ceo, and James Evans as CFO of the newly acquired company.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

FEBRUARY 21, 2019

Software development tools maker Perforce , which is owned by Los Angeles-based private equity investor Clearlake Capital , has completed its acquisition of Rogue Wave Software , another developer of software development tools. Rogue Wave had been owned by another private equity investor, Audax Group.

Acquisition 113

Acquisition Software Java Equity 113

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The company was founded in 2000. The size of the investment--described as "significant"--was not announced.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

OCTOBER 29, 2018

Santa Barbara-based property management software developer Yardi has signed up Canadian property owner Mainstreet Equity Corp., the company said last week, to help Mainstreet Equity manage its multifamily properties across Western Canada. According to Yardi, Mainstreet Equity Corp.

Santa Barbara 113

Santa Barbara Equity Software Development Software 113

socalTECH

MARCH 9, 2021

Los Angeles-based education technology developer GoGuardian says it has named a new Chief Revenue Officer. According to the company, it has named Brandon McAllister to the post, to help shape its long-term strategy for scale, as well as to oversee day-to-day operations of its Revenue team.

Equity 113

Equity Education Software Development Los Angeles 113

socalTECH

JANUARY 28, 2019

Santa Monica-based private equity investor Clearlake Capital and its portfolio company, Perforce Software , have acquired embedded software development tools provider Rogue Wave Software , the firms said last week. Perforce is a developer of source code control and other tools used by software developers.

Software 113

Software Santa Monica Software Development Equity 113

L.A. Business Journal

NOVEMBER 8, 2017

Cornerstone OnDemand, a personnel management software developer, announced on Wednesday that private equity firm Silver Lake Partners and Microsoft Corp.’s s LinkedIn plan to invest $300 million in the company.

Silver Lake 157

Silver Lake Cornerstone OnDemand Equity Software Development 157

socalTECH

DECEMBER 22, 2021

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. The company is based in Utah.

Acquisition 100

Acquisition Capital Sales Equity 100

socalTECH

OCTOBER 26, 2021

Santa Monica-based private equity investor Clearlake Capital says that one if its portfolio companies, healthcare software developer nThrive, is acquiring TransUnion Healthcare. Financial details of the deal were not announced. According to ClearLake, nThrive has signed a definitive acquire TransUnion Healthcare, Inc.,

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

APRIL 8, 2019

Los Angeles-based educational software developer GoGuardian , a developer of. software for the K-12 market, said it has named Mike Jonas its new Chief Financial Officer. GoGuardian recently [link] software to help identify possible suicidal thoughts in elementary school. READ MORE>>.

Education 133

Education Equity Software Software Development 133

socalTECH

OCTOBER 14, 2021

San Luis Obispo-based software developer Mindbody said on Wednesday that it has raised $500M in a strategic investment, and acquired ClassPass, a monthly subscription service which provides access to fitness and wellness experiences. According to Mindbody, the $500M investment came from an investment group led by Sixth Street.

Acquisition 113

Acquisition Equity Software Development Invest 113

socalTECH

AUGUST 16, 2021

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. Financial details of that acquisition were not announced. Seismic has now raised $440M in total funding.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

JANUARY 17, 2020

Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced.

Capital 100

Capital Equity Software Development Los Angeles 100

socalTECH

FEBRUARY 20, 2019

Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital.

Capital 113

Capital Equity Software Software Development 113

TechCrunch LA

OCTOBER 7, 2021

Women have made great inroads into the tech world in recent years, but there remains a long way to go before we reach a truly equitable state of affairs in workforce numbers, remuneration and product development. The financing will be used to help students finance their Entity Academy tuition, which typically costs $15,000.

Mentor 297

Mentor Training Startup Course 297

socalTECH

SEPTEMBER 10, 2020

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Cole was previously VP and Research Director at Forrester-SiriusDecisions. Seismic is venture backed by Lightspeed Venture Partners, T. READ MORE>>.

San Diego 113

San Diego Equity Research Software Development 113

socalTECH

AUGUST 18, 2020

Los Angeles-based software developer SmartAction , which develops conversational, AI-powered virtual agents for contact centers, said this morning that it has named Gary Davis as its CEO. Davis was previously the company's President, and earlier had served as Chief Operating Officer. READ MORE>>.

Equity 113

Equity Software Development Web Los Angeles 113

socalTECH

MAY 4, 2021

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The investment round firmly vaunts the company into unicorn territory. The investment round firmly vaunts the company into unicorn territory.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

JULY 5, 2016

Epicor , the enterprise software development firm which has significant operations in Orange County, has been sold to private equity investor KKR , the company announced Tuesday morning. Epicor had been in the hands of another, private equity investors-- Apax Partners.

Orange County 133

Orange County Equity Software Development Sales 133

socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. READ MORE>>.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

OCTOBER 8, 2018

One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group , Minneapolis-based Perforce Software , has acquired cloud testing software developer Perfecto Mobile. Perfecto is a developer of cloud-based, automated mobile and web application test software.

Mobile 113

Mobile Capital Santa Monica Equity 113

socalTECH

APRIL 21, 2020

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx , in a deal worth $1.15 billion, the company said on Monday. The company said it sold its interest in Checkmarx to Hellman & Friedman LLC , which was also joined by TPG in the deal.

Equity 113

Equity Software Development Los Angeles Software 113

socalTECH

JANUARY 26, 2021

ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego.

San Diego 113

San Diego Invest Funding Equity 113

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. That majority private equity funding came from Bridgepoint. Financial details of the deal were not announced.

San Diego 113

San Diego Acquisition Equity Software Development 113

socalTECH

JANUARY 10, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Perforce Software , a developer of version control software. Perforce was based in Minneapolis, MN, and had previously been owned by another private equity company, Summit Partners. READ MORE>>.

Software 100

Software Capital Santa Monica Equity 100

socalTECH

JUNE 17, 2020

Santa Monica-based drone data management software developer DroneBase announced on Wednesday morning that it has raised $7.5M in a Series C funding. DroneBase has now raised a total of $32M in funding. DroneBase is led by CEO and Founder Dan Burton. READ MORE>>.

Santa Monica 113

Santa Monica Venture Capital Equity Software Development 113

socalTECH

DECEMBER 16, 2013

Los Angeles-based accounting software developer BlackLine Systems reported this morning that its revenues are up more than 50 percent again this year, which it says is the seventh year in a row for the company. The announcements comes only a few months after a big private equity investment for the company.

Equity 192

Equity Software Development Los Angeles Software 192

socalTECH

FEBRUARY 7, 2014

In a big loss for the local high tech community, computer security software developer Websense --based in San Diego--is moving its headquarters to Austin, Texas, and is taking 445 jobs with it. The move comes eight months after Websense was acquired by private equity company Vista Equity Partners last June.

Southern California 199

Southern California San Diego High Tech Equity 199