socalTECH

AUGUST 26, 2021

Los Angeles-based mindfulness app developer Headspace is merging with mental health app developer Ginger, in a deal that reportedly values the combined company at around $3 billion. Headspace has previously raised funding from blisce, Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital.

Equity 113

Equity Los Angeles Report Capital 113

socalTECH

JUNE 19, 2012

Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market. According to reports , the firm expects to price its IPO as late June. The firm is venture backed by JMI Equity and Sequoia Capital. READ MORE>>.

Report 145

Report Southern California San Diego Equity 145

socalTECH

SEPTEMBER 24, 2009

The mysterious private equity firms in a bidding war for Santa Ana-based MSC Software are Vector Capital and Golden Gate Capital, according to a report from TheDeal, citing sources close to the negotiation efforts. The latest bid on MSC.Software was on Tuesday, when the undisclosed group of private equity firms offered $8.50

Equity 140

Equity Acquisition Design Report 140

socalTECH

APRIL 8, 2019

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. Financial terms of the merger were not announced. READ MORE>>.

Technology 160

Technology Equity Los Angeles Mobile 160

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. READ MORE>>.

Equity 192

Equity Software Development Los Angeles Software 192

socalTECH

JANUARY 15, 2021

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The company reported $9.9M in net income on $164M in revenues for the year ended December 31, 2019.

Advertising 113

Advertising .Net Equity Software 113

TechCrunch LA

NOVEMBER 11, 2020

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

Venture Capital 357

Venture Capital Press Invest Research 357

socalTECH

MAY 31, 2017

Mission Viejo-based Comergence Compliance , a developer of compliance software for the mortgage lending industry, has been acquired by Optimal Blue , the operator of a digital marketplace for the mortgage industry. Optimal Blue is owned by private equity investor GTCR. Financial details of the acquisition were not announced.

Social Media 113

Social Media Equity Acquisition Software 113

socalTECH

JULY 9, 2019

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier.

Draper 124

Draper Southern California Santa Monica Social Media 124

socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

San Diego 100

San Diego Acquisition Equity Report 100

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Startup 136

Startup Technical Review Equity Incubator 136

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. The funding goes towards a solar energy project being developed for South Africa's state owned utility, and will have a total capacity of 75 megawatts.

Santa Monica 164

Santa Monica Equity Ideas Report 164

socalTECH

SEPTEMBER 10, 2018

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding.

Artificial Inteligence 100

Artificial Inteligence Capital Funding Organization 100

socalTECH

OCTOBER 9, 2012

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. READ MORE>>.

Tech Coast Angels 140

Tech Coast Angels Capital Miramar Pasadena Angels 140

Startup Professionals Musings

OCTOBER 16, 2022

Yet credible reports on current trends tell us just the opposite. According to a report last year from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Don’t expect them to go away any time soon.

Technical Review 147

Technical Review Software Review Entrepreneur Report 147

socalTECH

JULY 6, 2018

San Diego-based antibody developer MabVax Therapeutics said on Thursday that the Nasdaq Stock Market has notified the company that it will delist the company's securities from the Nasdaq. million in stockholders equity. million in stockholders equity. READ MORE>>.

San Diego 100

San Diego Equity Report Marketing 100

socalTECH

JUNE 13, 2012

Mission Viejo-based OptionEase , the developer of stock option tracking and accounting software-as-a-service, reported Wednesday that it has inked a strategic alliance with a provider of equity compensation plans administation, AST Equity Plan Solutions. Financial impact of the deal were not disclosed.

Tech Coast Angels 145

Tech Coast Angels Miramar Pasadena Angels Pasadena 145

socalTECH

MAY 30, 2014

Simi Valley-based data storage products developer Qualstar reported this week that it has received a warning from the Nasdaq, saying that it is non-compliant for failing to maintain a minimum of $10,000,000 in stockholders'' equity.

Equity 147

Equity Report Capital Marketing 147

socalTECH

JUNE 25, 2013

Los Angeles-based Tongal , which operates a crowdsourced site for creating commercials, reported today that it has hit $1 million in current projects in its reward pool. The firm recently raised $15M in a private equity funding from Insight Venture Partners. READ MORE>>.

Hollywood 223

Hollywood Advertising Sites Ideas 223

socalTECH

JANUARY 16, 2013

Lynda.com , the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content.

Funding 178

Funding Santa Barbara ReachLocal Southern California 178

socalTECH

JANUARY 18, 2013

Life Technologies is a developer of scientific instruments, including gene sequencing and DNA analysis instrumentation. However, according to a Canadian newspaper, the investment bankers are actually looking to help drum up interest in buyers for the company. READ MORE>>.

Technical Review 147

Technical Review Invest Technology Equity 147

socalTECH

JUNE 14, 2012

Aliso Viejo-based Quest Software , the developer of IT management software, reported this morning that it has received a proposal from a strategic bidder to acquire all of the firm's outstanding shares for $25.50 per share in cash announced by private equity firm Insight Venture Partners in March. per share in cash.

Software 140

Software Equity Report Develop 140

socalTECH

JULY 21, 2009

Privately held, San Diego firm Service-now.com , a developer of IT service automation software-as-a-service, has released its yearly financial results, in an unusual move. Tags: servicenow earnings financial private equity. The company also said it has 111 employees today, compared with 75 last year. READ MORE>>.

Services 100

Services Report Equity San Diego 100

socalTECH

FEBRUARY 12, 2013

DriveCam , the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. DriveCam said the revenue growth came due to global expansion, strategic partnerships, and continued growth within its customer fleets.

Tech Coast Angels 157

Tech Coast Angels Carson Technical Review San Diego 157

From the Venture Trenches

APRIL 16, 2013

A willingness to accept equity as part of your agency or law firm’s fees can bring in more work that stimulates your team and exposes you to disruptive opportunities that are potentially very lucrative. However, there are a number of considerations to explore before agreeing to accepting equity as a portion of your firm’s payment.

Equity 40

Equity Services Startup Google 40

From the Venture Trenches

APRIL 16, 2013

A willingness to accept equity as part of your agency or law firm’s fees can bring in more work that stimulates your team and exposes you to disruptive opportunities that are potentially very lucrative. However, there are a number of considerations to explore before agreeing to accepting equity as a portion of your firm’s payment.

Equity 40

Equity Services Startup Google 40

socalTECH

APRIL 12, 2017

With all the hand wringing in the tech industry over gender balance and equity, here's one company that apparently has no issue: LA-based Evite , the online invitations service. According to Evite, women currently make up 59 percent of its total employees, and 52 percent of its senior leadership roles, which includes its technical positions.

Evite 179

Evite Company Companies Equity 179

socalTECH

SEPTEMBER 1, 2010

Los Angeles-based Rubicon Project , the online advertising firm which helps web publishers optimize their ad network revenues, reported this week on the latest online ad spending, saying that ad spending tracked at its customers grew 47 percent in the first half of the year. READ MORE>>.

Advertising 193

Advertising Clearstone Report Equity 193

socalTECH

OCTOBER 17, 2011

San Diego-based DriveCam , which develops driver monitoring systems for commercial vehicles, reported today that it has named Drew Martingas its Chief Informatoin officer. Martin was most recently Senior Vice President and Chief Information Officer for Sony Electronics. Martin has also served at PepsiCo. READ MORE>>.

CIO 150

CIO Tech Coast Angels San Diego Equity 150

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates.

Services 218

Services Venture Capital Equity Los Angeles 218

Startup Professionals Musings

AUGUST 21, 2021

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. That requires work and risk to comply with reporting requirements of the SEC, including the additional accounting and reporting processes. Switch your focus from product development to sales.

Startup 151

Startup Course Sales Entrepreneur 151

TechCrunch LA

FEBRUARY 6, 2022

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.

Marketing 246

Marketing Newsletter Technical Review News 246

socalTECH

MAY 10, 2012

Irvine-based Quantum Fuel Systems Technologies , the developer of electric vehicle propulsion systems and related alternative energy products, reported today that it has received a working capital line of credit worth up to $10.0M. Quantum said it was advised by Advanced Equities in the transaction.

Technology 133

Technology Equity Report Capital 133

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Startup 128

Startup Technical Review Equity Incubator 128

Both Sides of the Table

AUGUST 14, 2017

And of course we help with business development introductions and with fund raising events. But unlike the popular press reporting of this conflict — 80% of the time it is founder-to-founder conflict and not investor-to-founder conflict. Those seldom get reported. Often we are asked to get involved in executive-level recruiting.

Startup 217

Startup Technical Review Equity Report 217

socalTECH

SEPTEMBER 9, 2009

Santa Ana-based MSC.Software , a developer of simulation software, reported today that it has received a new offer to acquire the company from another private equity firm. Tags: software merger acquisition simulation private equity. According to MSC, the new offer is priced at $8.00 per share in cash by Maximus Inc.

Acquisition 133

Acquisition Equity Pricing Software 133

socalTECH

JANUARY 26, 2010

Burbank-based UNX , a developer of technology for the electronic trading and institutional investing market, raised $7.6M its recently announced strategic funding round, according to data from the PricewaterhouseCoopers/NVCA report this week. Tags: venture capital goldman sachs private equity financial technology software.

Vernon 140

Vernon Burbank Venture Capital Equity 140