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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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ServiceNow Eyes San Diego Investments As Part Of $100M Fund

socalTECH

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
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Cover Technologies Finds $1.6M For Algorithm Designed Buildings

socalTECH

Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M in a seed funding round. The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels.

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Vicente Capital Invests In Wireless Software Company

socalTECH

Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions , a Canadian company providing in-building wireless design software. The company''s software and associated services are used in the in-building wireless network design market. READ MORE>>.

Capital 171
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Twenty years ago, if you started a brand, your first hire, outside of a designer, would have been a salesperson,” Murthy told TechCrunch. million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. to develop some sweet inventory-planning software.

Product 191
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First Resonance Finds Funding For Manufacturing OS

socalTECH

Los Angeles-based First Resonance, a startup developing what it calls a "factory operating system" designed for hardware companies for use in their manufacturing operations, says it has raised a new round of funding. First Resonance said the funding was led by Blue Bear Capital.

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Electric vehicle charging software EV Connect raises $12 million

TechCrunch LA

EV Connect , the Los Angeles-based company that sells software to manage electric vehicle charging, has raised $12 million in a Series B round led by investors Mitsui & Co. and Ecosystem Integrity Fund. EV Connect’s cloud-based platform has an open standard architecture that is designed to be hardware agnostic.

Software 124