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Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine said it has hired David Downing, most recently the Chief Marketing Officer of NetSuite, as its first CMO. The company is backed by private equity firm SilverLake.
Los Angeles-based Payvia , which is developing mobile payment technology, and Mobile-XL , which develops software for providing access to digital services to people in Africa and India, are in a partnership, the companies said this morning. Financial arrangements between the companies were not announced. and Trinity Ventures.
Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M The funding was led by Montreux Equity Partners, and also included SilverLake Partners and the company's existing investors. in a new funding round. READ MORE>>.
Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. SilverLake Sumeru is looking to sell around 6.1M
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Los Angeles-based Mobile Messenger , the mobile marketing firm majority owned by SilverLake Partners, said earlier this week that it has named Larry Robiner as its VP of CRM Channel Sales. Robiner joins the firm from Epsilon, where he was VP of Business Development.
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Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 billion through its IPO on the NASDAQ Global Select Market. GoodRx is backed by private equity firms SilverLake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00
.” Genies last earned a $1 billion valuation from heavy-hitting tech investors including SilverLake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April.
Internally, we look very similar to a tech company, in that we have a development team, go-to-market team, and product people, and the ultimate goal of what we want to accomplish is to create companies that can run independently, with their own management teams. Explain exactly how Zuma Ventures works?
We're now one of the top five tech markets in the world, along with the Bay Area, New York, the rest of Southern California, companies in India, and places like China, Berlin, and London. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities.
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