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GoGuardian Reaches $1 Billion Valuation With Latest Investment

L.A. Business Journal

GoGuardian, an El Segundo-based educational technology company, has raised $200 million from a New York-based private equity firm in a deal that values GoGuardian at well over $1 billion.

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The List Completes Startup Academy, Competes For Investment Dollars

socalTECH

El Segundo-based The List , a startup which operates a matchmaking service for business professionals, is one of four, female-led startups which is part of Beta Boom , a startup accelerator focused on training traditionally overlooked founders, such as women and people of color.

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NEOGOV Finds Funding From Carlyle, Warburg Pincus

socalTECH

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. The company was founded in 2000.

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Radiology Partners Gets $700M

socalTECH

El Segundo-based Radiology Partners , the operator of a network of radiology practices across the U.S., says it has raised $700M in funding, which came from Starr Investment Holdings. Star joins existing investor New Enterprise Associates (NEA) and Future Fund. Radiology Partners is led by Chairman and CEO Rich Whitney.

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Upromise Acquired By LA's Prodege

socalTECH

El Segundo-based consumer rewards program operator Prodege , led by longtime SoCal technology veteran Chuck Davis, said Monday morning that it has acquired Upromise , the popular college education-saving rewards business which was owned by SLM Corporation (Sallie Mae). Financial terms of the acquisition were not announced.

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ABL Space Systems Finds Funding From Lockheed Martin

socalTECH

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced.

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SecureAuth Raises $200M

socalTECH

El Segundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software.