socalTECH

JULY 11, 2018

AdvancedMD , a portfolio company of Los Angeles-based private equity investor Marlin Equity , said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. South Jordan, Utah-based AdvancedMD develops cloud-based software for physicians and medical billing services. READ MORE>>.

Equity 100

Equity Acquisition Los Angeles Software 100

socalTECH

SEPTEMBER 27, 2021

Los Angeles-based Karman Missile & Space Systems, a developer of flight hardware and sub-assemblies for the space market, said Friday that it has acquired Systima Technologies, a provider of integration of mission critical space and hypersonic systems. The acquisition was supported by private equity investor Trive Capital.

Technology 113

Technology Acquisition Equity Los Angeles 113

socalTECH

SEPTEMBER 11, 2014

Santa Monica-based Visio Internet , which develops Internet sites for governments, has raised a round of growth capital, according to the company. The funding came from Caltius Equity Partners. Vision Internet provides government website development, and says it has nearly 600 government, non-profit and education clients.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

OCTOBER 30, 2018

Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Size and terms of the majority equity investment were not announced. IMT is currently led by CEO Craig Ensley. READ MORE>>.

Technology 133

Technology Santa Barbara Equity Invest 133

socalTECH

OCTOBER 12, 2020

Huntington beach-based Newlight Technologies , a developer of an ocean-degradable biopolymer, which can be used like plastic but decays with exposure to seawater, has raised $45M in the company's Series F funding round. The funding came from private equity firm Valedor Partners, as well as GrayArch Partners.

Technology 113

Technology Equity Funding Product 113

socalTECH

MAY 3, 2018

Los Angeles-based private equity investor Caltius Equity Partners said late Wednesday that it has made a "significant" investment in Health Payment Systems , a developer of healthcare technology and services. Size of that investment was not announed.

Equity 113

Equity Los Angeles Invest Help 113

socalTECH

MAY 4, 2020

Los Angeles-based private equity investor Platinum Fortune LP says it has acquired one o the UK's largest video game developers and publishers, Jagex , in a deal worth $530M. Jagex is best known for its franchise, RuneScape.

Develop 124

Develop Development Equity Entertainment 124

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.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

JULY 16, 2018

Carlsbad-based TC Technology , an IT services provider which develops mobile software for the utility market, has been acquired by SSP Innovation , a provider of IT services and software to the electric, gas, and water utilities, the two said on Friday. SSP Innovation is backed by private equity investor Warren Equity.

Technology 113

Technology Equity Mobile Acquisition 113

socalTECH

APRIL 18, 2018

Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. Financial details of the acquisition were not announced. LogicMonitor is led by CEO Kevin McGibben.

Equity 113

Equity Santa Barbara Acquisition Software Development 113

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

FEBRUARY 19, 2014

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

OCTOBER 17, 2017

San Diego-based SeatAdvisor , a developer of ticketing and venue management software, has been acquired by Patron Technology , a ticketing and event software developer. Patron Technology is owned by private equity investor Providence Strategic Growth (PSG). Financial terms of the acquisition were not announced.

Technology 124

Technology San Diego Equity Software Development 124

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. IQMS said it will use the investment for sales, marketing, and product development. READ MORE>>.

Equity 138

Equity Funding Invest Software 138

socalTECH

DECEMBER 13, 2016

Los Angeles-based Apposite Technologies , a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. Apposite develops WAN emulation appliances. Size and terms of the funding were not announced by the companies.

Equity 100

Equity Invest Tool Los Angeles 100

socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Financial terms of the sale were not announced.

Capital 133

Capital Technology Equity Los Angeles 133

socalTECH

MAY 5, 2017

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. Osurv said Tan Capital Partners will integrate its technology into nearly 800 hotels that Tan Capital owns and operates throughout Asia. READ MORE>>.

Equity 124

Equity Entertainment Acquisition Mobile 124

socalTECH

FEBRUARY 5, 2013

San Diego-based private equity investor JMI Equity has backed a developer of website security tools this morning. That funding came from both JMI Equity and existing investor Investor Growth Capital. That funding came from both JMI Equity and existing investor Investor Growth Capital. READ MORE>>.

Equity 147

Equity San Diego Tool Capital 147

socalTECH

JANUARY 14, 2019

Los Angeles-based human resources (HR) technology developer CareerArc --part of an ever growing number of Los Angeles area enterprise software companies--said this morning that it has raised $30M in a growth equity funding. CareerArc, led by longtime technology veteran Robin D.

Technology 133

Technology Resource Los Angeles Equity 133

socalTECH

JUNE 21, 2017

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. According to Shoals Technologies Group, the funding came from Oaktree's Power Opportunities group.

Invest 113

Invest Capital Technology Equity 113

socalTECH

DECEMBER 16, 2015

La Jolla-based Abacus Data Systems , a developer of software to help law firms manage their practices, has been acquired by private equity investor Providence Equity , the companies announced today. Abacus said the strategic majority investment by Providence Equity will help it quickly sale up its technology infrastructure.

Equity 100

Equity Software Sales Invest 100

socalTECH

FEBRUARY 9, 2018

Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificial intelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. The startup was founded by Ron St. Onge and Jim St. READ MORE>>.

Artificial Inteligence 124

Artificial Inteligence Technology Startup Venture Capital 124

socalTECH

APRIL 1, 2014

San Diego-based DivX , the developer of digital video encoding and decoding technology has been acquired by private equity firms Parallax Capital Partners and StepStone Group , the companies said yesterday, in a deal worth $75M in cash plus earnout. READ MORE>>.

Equity 147

Equity San Diego Entertainment Acquisition 147

socalTECH

SEPTEMBER 18, 2017

Laguna Hills-based Sonendo has received $50M in a growth investment, from private equity investor General Atlantic, Sonendo said this morning. The company develops technology used in root canal treatment. Sonendo is led by President and CEO Bjarne Bergheim. READ MORE>>.

Technology 124

Technology Equity Capital Invest 124

socalTECH

JULY 9, 2012

San Diego-based private equity firm JMI Equity has backed a developer of medical device technology, Capsule Tech , the firms announced today. Terms of the strategic investment were not announced. Capsule Tech said it has named Gene Cattarina as its CEO as part of the investment. Capsule Tech is based in Andover, Mass.

Equity 140

Equity San Diego Invest Capital 140

socalTECH

OCTOBER 8, 2013

Los Angeles-based Iolo , the developer of performance optimization software for PCs and mobile devices, has been acquired by Phoenix Technologies Ltd. , iolo was owned by by equity firm Marlin Equity Partners. iolo phoenix technologies performance optimization software merger acquisition private equity exit'

Technology 138

Technology Equity Acquisition Los Angeles 138

TechCrunch LA

JANUARY 25, 2022

Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. Starship’s delivery robots are already proving their worth, and we are glad to support the company so that they can continue to develop their technology and scale-up their production.”.

Invest 233

Invest Technology Startup Los Angeles 233

socalTECH

NOVEMBER 6, 2017

San Diego-based Aquam Corporation , which provides technology for addressing deteriorating pipes used in water and other utility infrastructure, has raised $26M in a private equity funding, the company said this morning. The funding came from NewWorld Capital Group, and also included an un-nnamed, Credit Suisse advised fund.

Services 124

Services Technology San Diego Equity 124

socalTECH

OCTOBER 15, 2013

Irvine-based Newlight , a company developing technology which turns greenhouse gases into plastic, has raised an additional funding from private equity investor METRIX Capital Group. Size of the investment was not disclosed, however, METRIX said it doubled its stake in Newlight last week.

Equity 157

Equity Invest Venture Capital Capital 157

socalTECH

AUGUST 3, 2011

Los Angeles-based private equity fund Craton Equity Partners said Wednesday that it has led a $60M round of investment in Bridgelux , a developer and manufacturer of LED lighting technology. Bridgelux, which is based in Livermore, California, develops solid state lighting light sources. READ MORE>>.

Equity 159

Equity Invest Los Angeles Capital 159

socalTECH

SEPTEMBER 25, 2012

DealCurrent , a developer of software used for managing local coupons and daily deals offers, has scored private equity funding from a private equity firm. Todd Belfer of Canal Partners joins Deal Current's board as part of the funding.

Equity 149

Equity Sales Funding Software 149

socalTECH

MARCH 19, 2012

San Clemente-based Gen-E , a developer of IT process automation software, said Monday that it has received a private equity investment from Solis Capital Partners. gen-E--formerly known as generationE Technologies--explained that the funds will go towards growing its channel partner program.

Equity 168

Equity Invest Software Capital 168

TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. The stock is currently trading around $15 per-share.

Company 363

Company Companies Acquisition Equity 363

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

AUGUST 5, 2013

San Diego-based MicroPower Technologies , which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The company said the new funding will go towards product development, sales, and marketing. The funding came from Karmel Capital and others.

Tech Coast Angels 164

Tech Coast Angels Technology Funding San Diego 164

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

OCTOBER 18, 2012

Carpinteria-based Helix Medical , a manufacturer for the medical device and healthcare industry, has acquired MedVenture Technology Corp. , a medical device design, development, and manufacturing company. MedVenture was owned by private equity firm Ampersand Capital Partners. Financial terms of the buy were not disclosed.

Technology 164

Technology Design Equity Capital 164