AI Company Beyond Limits Raises $113 Million
L.A. Business Journal
SEPTEMBER 28, 2020
Glendale-based artificial intelligence company Beyond Limits Inc. has raised $113 million in a Series C funding round with another roughly $20 million committed.
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Reveleer Finds New Funding
socalTECH
JANUARY 24, 2020
Glendale-based Reveleer , a developer of cloud-based software used for managing medical data, has raised a Series C found of financing, the company said this week. The company said the funding was led by Boston Millenia Partners, and also included existing investor Upfront Ventures.
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The Perfect Bite Finds Funding For Frozen Food
socalTECH
OCTOBER 10, 2018
Glendale-based The Perfect Bite , a manufacturer of frozen food, has received funding from New Water Capital, the companies disclosed this week. Financial details of that investment were not announced. READ MORE>>.
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ServiceTitan Raises $62 Million in Series C Funding
L.A. Business Journal
MARCH 23, 2018
ServiceTitan, a Glendale-based software app for service professionals, announced $62 million in Series C funding. The funding round was led by Battery Ventures and will be used to expand the company from 400 to 500 employees by the end of the year, as well as for product enhancement and partnership expansion.
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LegalZoom Finds Funding From TCV, Adds New Board Member
socalTECH
OCTOBER 30, 2018
Glendale-based LegalZoom , the online legal filing site which focuses on small businesses and families, has named David Yuan, a General Partner at Technology Crossover Ventures (TCV) to its board of directors. According to LegalZoom, the addition comes as part of an investment by TCV in LegalZoom. LegalZoom is led by CEO John Suh.
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ServiceTitan Snags $500M, Valuing Firm At $8.3 Billion
socalTECH
MARCH 26, 2021
Glendale-based ServiceTitan, which develops software used by home service providers and others in the trades to manage appointments, billing, marketing, and more, has raised a huge, $500M funding round. The new funding values the company at $8.3
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Philz Coffee Looks Beyond California With $45M Funding
socalTECH
SEPTEMBER 13, 2016
Philz Coffee , the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. The company said the big investment round was led by TPG Growth. READ MORE>>.
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ServiceTitan Launches New Product, Plans Move Into Swank New HQ
socalTECH
MARCH 26, 2019
Los Angeles-based ServiceTitan , which develops software for residential home services businesses, says it has launched a new, premium produt called Pricebook Pro --and also announced plans to move into a swank new headquarters in Glendale. Pricing on the new product was not announced.
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LegalZoom Partners With USC Marshall On Social Entrepreneurship
socalTECH
AUGUST 18, 2021
Glendale-based LegalZoom has partnered with the University of Southern California (USC), to fund a scholarship and a new lab, the company said this week.
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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup
TechCrunch LA
APRIL 12, 2018
The city of Glendale, Calif. The company is ServiceTitan, and its market… is air conditioners. It was Iconiq that put a whopping $80 million into ServiceTitan just last year — and while the 2017 cash infusion may have been larger, the company’s valuation has continued to rise.
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Clearlight Partners Raises $300M Private Equity Fund
socalTECH
NOVEMBER 30, 2012
Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. The firm invests in mid-market, profitable companies. Clearlight previously had $600M in capital under management, not including the newest fund.
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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion
TechCrunch LA
MARCH 27, 2021
That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.
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Wrapify Raises $3M From Avery Dennison
socalTECH
MARCH 7, 2017
San Diego-based Wrapify , a startup which pays everyday users to drive around in vehicles that have been "wrapped" with the advertisements of companies, has raised $3M in a new funding round, the company disclosed on Tuesday. The funding came from Glendale-based printing, packaging, and label giant Avery Dennison.
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ServiceTitan Takes $62M
socalTECH
MARCH 23, 2018
Glendale-based software developer ServiceTitan , which develops workflow and field service management for home service businesses, announced Friday morning that it has raised $62M in a Series C funding. The funding was led by Battery Ventures, and also included Bessemer Venture Partners and ICONIQ Capital. READ MORE>>.
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Gamblit Gaming Gets $12M For Gambling Software
socalTECH
MARCH 31, 2014
Glendale-based Gamblit Gaming , a developer of software which makes it easier for videogame developers to adapt their software for real-money gaming, has raised $12M in funding. The funding came from American Capital. Gamblit Gaming is currently aiming its tools at countries where gambling via mobile apps and games is allowed.
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147 ServiceTitan Gets $165M More, At $1.65 Billion Valuation
socalTECH
NOVEMBER 15, 2018
Glendale-based ServiceTitan , which develops software used by home services contractors to manage their businesses, has raised $165M in its Series D funding, the company said on Wednesday, giving the company a $1.65 The funding was led by Index Ventures, and also included Dragoneer, T. billion post-money valuation.
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113 HubHaus $1.4M To Match Professionals With Shared Housing In LA
socalTECH
MAY 23, 2017
in a seed funding round, the company disclosed this week. The company currently offers up its service only in San Francisco and Los Angeles. The funding was led by General Catalyst Partners.
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Beyond Limits Snags Former VC, Investor As COO
socalTECH
OCTOBER 23, 2019
Glendale-based Beyond Limits , a venture-backed developer of artificial intelligence software, has named Meghan Sharp, Ph.D., Sharp most recently led BP Ventures/Americas investment in Beyond Limits in 2017, leading the company's $25M Series B funding round and joining its board. The company is headed by CEO AJ Abdallat.
LegalZoom Sells $200M In Majority Stake To Permira
socalTECH
JANUARY 6, 2014
Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.
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ServiceTitan Links With HVAC Diagnostics Tool Provider
socalTECH
JUNE 6, 2019
The company recently raised a big, $165M venture funding round, its Series D round, and also just moved into a new headquarters in Glendale. ServiceTitan is venture backed by Index Ventures, plus Dragoneer, T. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital. READ MORE>>.
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113 ServiceTitan Raises $80M
socalTECH
MARCH 15, 2017
Glendale-based ServiceTitan , which develops business management software for the home services and contracting industry, has raised $80M in a Series B funding, the company announced this morning. ServiceTitan said the new funding was led by ICONIQ Capital. READ MORE>>.
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113 Everbridge Raises $90M In IPO, Sees Pop On Market Debut
socalTECH
SEPTEMBER 16, 2016
Everbridge , a developer of emergency notification tools which was founded and still has major operations in both Glendale and Pasadena, has had an IPO, raising $90M for the company and marking another major, SoCal linked technology startup exit in what has been a busy year for deals. per share, after pricing at $12.00 and $13.00
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Everbridge Sets IPO Range
socalTECH
SEPTEMBER 6, 2016
Everbridge , the developer of mass notification, incident management, and other related software tools, which has offices in Pasadena and Glendale, has set the estimated trading range for its IPO, saying it expects to sell 7,500,000 shares of its common stock at between $11.00 and $13.00
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100 LegalZoom Sells $500M Secondary Stake To Private Equity Investors
socalTECH
JULY 31, 2018
Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. READ MORE>>.
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100 LegalZoom Names Marketing Chief
socalTECH
JULY 8, 2014
Glendale-based LegalZoom has appointed a new head of marketing, the company said this morning. LegalZoom said it has appointed Laura Goldberg as Chief Marketing Officer, to lead overall strategy and direction of the company, and lead the company''s marketing and product teams. READ MORE>>. legalzoom executive marketing'
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147 ServiceTitan Scores $18M For Home Services Management Software
socalTECH
JUNE 16, 2015
Glendale-based ServiceTitan , a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. The funding was led by Bessemer Venture Partners, and also included I2BF Digital, Mucker Capital, and AMENALAV Group. READ MORE>>.
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Thanks to socalTECH's sponsors!
socalTECH
OCTOBER 1, 2010
We Create Demand for California's Technology Companies. The City of Glendale (www.thinkglendale.com). Think Glendale. Custom Insurance Programs for Technology Companies. Funding great entrepreneurs. PricewaterhouseCoopers' Vision To Reality Program for Emerging Tech Companies. Venture capital for innovators.
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ClimateMinder Finds $380K
socalTECH
OCTOBER 29, 2010
Glendale-based ClimateMinder , a developer of wireless climate monitoring systems for the agriculture market, has raised $380K, part of a $500K funding round, according to a regulatory filing from the firm today. Source of the funding was not disclosed. ClimateMinder's President is Val Babajov, who was founder of WebMessenger.
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133 Thanks to socalTECH's Sponsors and Advertisers!
socalTECH
DECEMBER 10, 2010
venture funding and business deals, technology develops, and more from Santa Barbara. Glendale , Pixelgate , PricewaterhouseCoopers , PRTechConnect , Safire Partners , Silicon Valley Bank , Stubbs Alderton & Markiles. Funding great entrepreneurs. We Create Demand for California's Technology Companies. Think Glendale.
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127 Reflections on 2018: Rob Freelen, Silicon Valley Bank
socalTECH
DECEMBER 27, 2018
In 2018, many of them sold their companies or raised massive equity rounds. What was the biggest news for your company in 2018? SoCal tech and life science companies are scaling faster than at any point in history. The Playa Vista company is aggressively taking market share and could go public.
Thanks to our sponsors!
socalTECH
FEBRUARY 9, 2010
Backing Southern California's next great technology companies. We Create Demand for California's Technology Companies. The City of Glendale (www.thinkglendale.com). Think Glendale. Custom Insurance Programs for Technology Companies. PricewaterhouseCoopers' Vision To Reality Program for Emerging Tech Companies.
Wrapify Q&A: Adhesive Giant Puts $3 M in Car Advertising Schtick
Xconomy
MARCH 19, 2017
Heller started at San Diego’s EvoNexus incubator, working with Glendale, CA-based Avery Dennison, a Fortune 500 company that makes adhesive vinyl films that can be applied to motor vehicles, conform neatly to automotive curves and corrugations, and can. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
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Thanks to our sponsors!
socalTECH
NOVEMBER 17, 2009
A quick message on a very busy funding day, to thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Backing Southern California's next great technology companies. We Create Demand for California's Technology Companies. The City of Glendale (www.thinkglendale.com).
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Interview with Jay Ackerman, Reveleer
socalTECH
FEBRUARY 24, 2020
Glendale-based Reveleer (www.reveleer.com) is a developer of cloud-based software used for managing medical data, and recently announced a Series C funding round from investors Boston Millenia Partners and Upfront Ventures. What are you biggest challenges and goals now as a company? READ MORE>>.
The Silent Killer – The Company Your Community Never Created
Both Sides of the Table
NOVEMBER 15, 2014
I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.
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How Element 16 Hopes To Help Cut Power Use In Industrial Plants, Parker Wells
socalTECH
AUGUST 19, 2019
com), based in Glendale, which has developed new heat energy storage technology aimed at use in the industrial sector. Parker told us about the origins of its technology, and how the company hopes to use its technology to make a big impact on fossil energy use at heavy industrial facilities. That was a $1.5 That concluded this year.
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113 The entrepreneur who became a Lyft driver to conduct customer research
StartUp Beat
NOVEMBER 9, 2017
I spoke to him over the phone about his unique approach to developing a company. Mikayelyan returned home in 2015 having had dinner at a Sushi restaurant in Glendale, California – the experience had gifted him his next business idea. And saving up an investment fund, to boot.
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40 Stop, Breathe, and Think: Using Your Smartphone To Tackle Your Emotional Health
socalTECH
DECEMBER 19, 2016
How did you start the company? At the time, there happened to have been a lot of gang violence where I lived in Glendale. It was so successful, we found that it was not sustainable as a nonprofit, because we were not able to raise the funds necessary to keep it going. What really matters, is what moves the needle.
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Interview with Kelly Tompkins, AdventureLink
socalTECH
FEBRUARY 18, 2009
Last week, Altadena-based AdventureLink (www.adventurelink.com) announced that it raised a Series A funding round, for the firm's adventure travel reservation network. The round came from Anthem Venture Partners and the Mail Room Fund. What's the new company all about? Kelly Tompkins: I have done six online travel companies.
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