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. Clearlake made an investment and carved out nThrive earlier this year.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

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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. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

FEBRUARY 9, 2018

Santa Monica-based private equity investor Clearlake Capital Group, L.P. has made an investment in New York-based Diligent , a developer of enterprise governance management software. Size of the investment was not announced. Insight Ventures acquired Diligent in February of 2016. READ MORE>>.

Software Review 113

Software Review Capital Santa Monica Equity 113

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APRIL 14, 2021

Email marketing software developer Constant Contact, which is backed by Santa Monica-based private equity investor Clearlake Capital, has named a new CEO and CFO this morning. Vella was most recently CEO of Information Builders, and also has served at Microsoft, GE Capital, HP Enterprise and Xerox.

Santa Monica 100

Santa Monica Equity Email Capital 100

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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.

Santa Monica 113

Santa Monica Venture Capital Equity Software Development 113

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JUNE 19, 2019

Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus.

Capital 113

Capital Santa Monica Equity Education 113

socalTECH

AUGUST 23, 2017

Santa Monica-based venture investor Mucker Capital is one of the investors in a developer of fraud prevention and identity verification software, which uses email address scoring. Arizona-based Emailage said on Wednesday that it had raised $10M in a growth equity investment. READ MORE>>.

Capital 113

Capital Santa Monica Email Equity 113

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SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

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NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

NOVEMBER 6, 2017

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. READ MORE>>.

Capital 113

Capital Funding Santa Monica Equity 113

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JUNE 20, 2016

Santa Monica-based private equity investor Clearlake Capital has acquired Vision Solutions , a developer of data protection, high availability, and cloud migration software. Clearlake said it was advised by UBS Investment Bank, Evercore, and Foros in the deal. READ MORE>>.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

NOVEMBER 14, 2012

Santa Monica-based solar energy project developer SolarReserve has raised $586M in a combination of equity and debt, for two South African projects, according to reports today. READ MORE>>.

Santa Monica 164

Santa Monica Equity Ideas Report 164

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MARCH 12, 2018

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. Financial details of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

NOVEMBER 18, 2015

Santa Monica-based private equity investor Clearlake Capital Group, L.P. said this morning that it has acquired Syncsort Incorporated , a developer of enterprise software based in New Jersey. Syncsort develops Hadoop and other big data integration software for the mainframe market. READ MORE>>.

Capital 100

Capital Santa Monica IBM IBM 100

socalTECH

JUNE 19, 2015

Los Angeles-based StartEngine , which was launched back in 2013 as a startup incubator, has pivoted its model, and has become an online equity crowdfunding platform called StartEngine Crowdfunding. READ MORE>>.

Platform 100

Platform Santa Monica Incubator Equity 100

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DECEMBER 30, 2016

In 2016, our Santa Monica office more than doubled market share of early-stage companies. One example is Santa Monica-based hardware company, Ring, who transitioned to a hybrid business model that now includes recurring revenue. In the interest of full disclosure, Headspace is a client of SVB Santa Monica.

Santa Monica 124

Santa Monica Southern California Venture Capital SoCalTech 124

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APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. We brought in a third partner, Guy Oseary.

Invest 157

Invest Startup Hollywood Echo Park 157

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JULY 18, 2013

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

Content 150

Content Steamboat Ventures Santa Monica Venture Capital 150

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SEPTEMBER 24, 2012

Santa Monica-based private equity firm Clearlake Capital Group said today that it has acquired substantially all of the assets of Mformation Technologies , a developer of mobile device management software. FInancail terms of the buy were not disclosed. READ MORE>>.

Mobile 140

Mobile Capital Santa Monica Acquisition 140

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MARCH 8, 2010

Santa Monica-based US Renewables Group , a private equity firm focused on renewable power, biofuels, and clean technology, said this morning it has created a new company, Westerly Wind LLC , to provide capital and expertise to developers of wind power systems. READ MORE>>.

Rustic Canyon 170

Rustic Canyon Santa Monica Equity Venture Capital 170

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SEPTEMBER 25, 2012

San Diego-based SmartDrive Systems , the developer of video-based, driver safety systems, has scored a venture debt financing, according to finance firm Wellington Financial. Wellington Financial said the debt will go towards growth capital, and came in conjunction with the recent, $47M round of equity funding for SmartDrive.

Santa Monica 113

Santa Monica San Diego Equity Capital 113

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FEBRUARY 16, 2012

Santa Monica-based CODA Automotive , the developer of electric vehicles and battery systems, has raised $21.5M in new, equity funding, with plans to raise a total of $150M, according to a regulatory filing by the firm this week. The funding is on top of the $150M in its latest round, which it closed in September.

Southern California 127

Southern California Santa Monica Equity Funding 127

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OCTOBER 12, 2010

Santa Monica-based venture capital firm Rustic Canyon Partners has upped its investment in social games firm PlayFirst , which is based in San Francisco. According to PlayFirst, Rustic Canyon, Mayfield Fund, Trinity Partners, and DCM--all current investors in the game developer--have invested $5.2M in debt.

Rustic Canyon 145

Rustic Canyon Santa Monica Venture Capital Equity 145

socalTECH

JUNE 15, 2010

Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners.

Zag 154

Zag GRP Partners Anthem Santa Monica 154

TechCrunch LA

APRIL 6, 2020

I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. metro area, San Diego and Santa Monica. A novel rewards program. These times have sparked a host of new ideas. Here’s one.

Layoffs 136

Layoffs Startup Newsletter Santa Monica 136

Tech Zulu Event

JANUARY 23, 2013

ParkMe todayannounced that it has raised a new round of investment from LA based private equity firm Angeleno Group in a move that will fuel its expansion. and Europe and recently released its real-time on-street parking solution for drivers in Los Angeles and Santa Monica and Austin. Build a Technology Team.

Santa Monica 83

Santa Monica Equity Invest Funding 83

socalTECH

SEPTEMBER 16, 2008

Santa Monica-based SolarReserve, a developer of utility-scale, renewable energy solar power plants, said today that it has raised $140M in a Series B funding round. SolarReserve's technology is based on solar thermal technology, used to capture thermal energy from the sun and to drive steam turbines.

Santa Monica 100

Santa Monica Equity Invest Design 100

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

Both Sides of the Table

NOVEMBER 11, 2013

I often advise startup companies not to try and pin all of your brand equity into an announcement. Give direct feedback to entrepreneurs on their businesses or if we’re not investing why it’s not a fit for us. The link for the video is here and if you want a short firsthand view on our changes it’s a great resource.

Venture Capital 324

Venture Capital Startup Blogging Platform 324

socalTECH

JANUARY 17, 2017

In emerging markets and the developing world, access to banking, capital, and financial resources is fare more difficult than here in the U.S., due to a less developed financial system, lack of credit tracking, and oftentimes and informal economy. We have offices in Santa Monica, and office in Nairobi, and one in Manila.

Startup 100

Startup Santa Monica Customer Custom 100

socalTECH

MARCH 4, 2021

I had been seed investing and incubating businesses, and was sitting with a friend of mine, John Miller, who ran Caliburger, which is a 35 location burger chain, which is exporting the California lifestyle, much like In-N-Out does. There are now over 8,000 investors to date who have invested $1000 to $2000 each. What is Miso Robotics?

Startup 113

Startup Venture Capital Capital Customer 113

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund?

Southern California 113

Southern California Capital Funding Invest 113

socalTECH

JUNE 20, 2012

Sam Teller: Launchpad is an accelerator in Santa Monica. For two years, it was a mentorship program, that worked with twenty three different companies, but did not have a fund, did not have an office, and didn't take any equity. We're not investing in ideas and trying to turn them into companies.

Class 261

Class Mentor Startup Santa Monica 261

Tech Zulu Event

DECEMBER 30, 2011

24 7pm at Coloft in Santa Monica. Mike has over 18 years of strategic, operational and senior management experience in businesses ranging from early stage start-ups to private equity backed assets and from mid-stage business to large turn-around operations. OrangicStartup’s is a company that helps Internet startups start.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

socalTECH

AUGUST 17, 2020

In between that, I was formerly at the private equity firm Clearlake Capital, out of Santa Monica, which manages 8 billion in private equity investments. Indi stands for individual. The big new brand is the individual, which was the genesis of the name. A lot of people need the ability to make money now.

Help 113

Help Commerce Platform Orange County 113

Both Sides of the Table

MARCH 17, 2010

LA generally doesn’t have an appetite for this kind of investment at early stages. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. LA investors are more pragmatic.

Company 290

Company Companies Technology Startup 290

socalTECH

APRIL 20, 2010

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. It's not meaningful for the venture industry as a whole, because if you're investing in Series B, C, or D round investments, these are not meaningful.

Clearstone 140

Clearstone Idealab Incubator Invest 140