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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. As part of the investment, Silver Lake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.

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GoodRx Sets IPO Pricing Range

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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 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.,

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Payvia, Mobile-XL Partner On Mobile Payments

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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.

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Cast & Crew Names CTO

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Burbank-based Cast & Crew Entertainment Services , which provides technology and payroll and production management services to the entertainment industry, said it has named Alex Godelman as its new Chief Technology Officer. READ MORE>>.

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Final Draft Acquired By Cast & Crew Entertainment

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Calabasas-based software developer Final Draft , which develops screenwriting software, has been acquired by Burbank-based Cast & Crew Entertainment Services. The acquisition was supported by private equity investor Silver Lake Partners, which is the majority owner of Cast & Crew.

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Zuma Ventures: Creating A New Technology Startup Model

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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?

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. In terms of that, they are people like Vista Equity, particularly, but also Summit, TPG, KKR, and Silver Lake. We're also excited about the areas around artificial intelligence for certain verticals.