Chatmeter Finds Private Equity Funding

socalTECH

San Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Providence Strategic Growth is the growth equity fund of Providence Equity Partners. chatmeter private equity funding venture capital local search marketing reputation management

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Some Good Startups Don’t Qualify For Equity Investors

Startup Professionals Musings

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.

Kyriba Finds $160M In Majority Private Equity Funding

socalTECH

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. The company thanked its prior investors, which include Sumeru Equity Partners (SEP), Bpifrance, HSBC, Mitsubishi UFJ Capital, BRED Banque Populaire and Upfront Ventures.

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IQMS Finds Private Equity Funding

socalTECH

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. equity growth software manufacturing capital venture iqms

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PSI Services Finds Private Equity Funding

socalTECH

Burbank-based PSI Services , a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details of the funding were not disclosed.

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Sugarfina Raises $35M In Private Equity Funding

socalTECH

Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. According to Sugarfina, the new funding will go towards further developing its e-commerce and mobile platforms, as well as international expansion. Sugarfina has now raised more than $50M in funding. The company said it was advised by Imperial Capital on the funding.

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Angeles Equity Partners Finds $360M For First Private Equity Fund

socalTECH

Los Angeles-based Angeles Equity Partners , a new private equity investor, said this morning that it has raised $360M in its first private equity fund. The fund, Angeles Equity Partners I, L.P., came from institutional investors, public and private pension plans, endowments, foundations, a sovereign wealth fund, and alternative asset managers, according to the new fund. The new fund was founded by Timothy Meyer and Jordan Katz.

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MaintenanceNet Gets Private Equity Funding

socalTECH

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. maintenancenet private equtiy funding software growth service contract

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Caltech Entrepreneurs Forum - Equity Funding

SoCal Tech Calendar

Saturday, April 14, 2018 --.

JMI Equity Backs HackerRank In $30M Funding

socalTECH

JMI Equity , a private equity investor which has one of its two offices in La Jolla, is the lead investor in HackerRank , a startup which operates an online platform to help companies identify and evaluate technical talent. JMI Equity lead a $30M in a Series C funding round according to HackerRank, and also included Khosla Ventures, Battery Ventures, Randstad Innovation Fund, and Chartline Capital Partners. in funding.

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JMI Equity Backs Jvion's Healthcare AI Software

socalTECH

San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. Jvion , a developer of clinical decision support software, said on Thursday that it received a "significant" growth equity investment for the startup, to expand its healthcare AI and prescriptive analytics platform. Jvion said it will use the funding to accelerate expansion across its market.

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Fair Raises $100M In Debt Facility, Equity Investment

socalTECH

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced. According to Fair, the funding will help the company secure vehicles for entry-level car customers who might not otherwise qualify for a traditional loan or lease.

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JMI Equity Leads $35M Investment In Lytics

socalTECH

San Diego-based private equity investor JMI Equity is the lead investor in Lytics , a developer of marketing personalization software, in a $35M, Series C investment announced by Lytics on Thursday. Lytics--which is based in Portland, Oregon--said the funding was led by JMI Equity, and also included existing investors Comcast Ventures, Two Sigma Ventures, Rembrandt Venture Partners and Voyager Capital.

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Equity Investment Platform Preparation Best Practices

Startup Professionals Musings

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country.

JMI Equity Raises $1 Billion Fund

socalTECH

San Diego-based private equity investor JMI Equity said Wednesday that it has closed on a new, $1 billion growth equity fund, JMI Equity Fund VIII. According to JMI, the new fund brings its total raised to over $3.1 JMI Equity said the new funds will go towards investments in rapidly growing, high quality software businesses. equity venture capital private investment finance financial

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Mitchell International Gets Private Equity Funding

socalTECH

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. According to the companies, Stone Point Capital is acquiring the equity position in Mitchell currently held by KKR> and Elliott Management.

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LEHR Gets New Private Equity Funding

socalTECH

Los Angeles-based LEHR , which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. lehr venture capital private equity propane engine powered Size of the investment was not disclosed. LEHR currently is focusing its efforts on a line of propane-powered outboard marine engines, which the company says has significant environmental benefits over gasoline.

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Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The timing is ripe for a fund like ours to capitalize on the opportunity.”

5 Criteria For Splitting Equity In Your New Venture

Startup Professionals Musings

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone.

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New VC Firm Blueprint Equity Puts $6M into Florida Software Company

Xconomy

A new venture capital firm, which in November marked its launch by raising a $53 million-plus fund to invest in startups, has made its first investment.

7 Equity Crowdfunding Risks Feared By Many Investors

Startup Professionals Musings

According to statistics by Fundly , crowdfunding contributed $34 billion in funding last year around the world, including peer-to-peer lending. In fact, there are many types of crowdfunding, including donations, reward, pre-orders, loans, and equity.

ChiroTouch Gets Private Equity Investment

socalTECH

San Diego-based ChiroTouch , a developer of electronic health records and practice management software for the chiropractic market, has raised a round of private equity funding. The funding came from Waud Capital Partners. Size of the funding was not announced. chirotouch private equity health records practice management venture capital lifescience software

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Equity financing: great for rapid growth startups

Berkonomics

There are three classes of equity investors for early stage businesses that we have not yet considered. Being located in a distant city greatly reduces the chance of funding success. We’ve spoken of financing a young company through friends and family, known as “inside angels.”

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JMI Equity Backs AtTask

socalTECH

San Diego-based private equity investor JMI Equity is the lead in a $38M funding for project management software developer AtTask. According to AtTask, it raised $38M in the Series D growth funding for its project management software, and will add JMI Equity''s Peter Arrowsmith to its board. AtTask develops cloud-based, project management software, and has now raised $75M in funding. attask venture capital equity project management software cloud

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CTO Equity - Negotiation After Funding

SoCal CTO

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. 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).

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Gores Group Closes $2B Private Equity Fund

socalTECH

Los Angeles-based private equity firm The Gores Group said Wednesday that it has closed on Gores Capital Partners II, L.P., The firm said that the new fund will acquire companies, primarily in the technology, telecommunications, business services, industrial, consumer, and healthcare sectors. The private equity firm said its commitments went beyond its original, $1.5 gores group private equity funding financial buyout capital

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Pathnostics Finds Strategic Funding

socalTECH

Irvine-based Pathnostics , which offers up diagnostics tests and services in for urology, women's health, gastroenterology and cancer, has received a strategic investment from Chicago-based private equity investor Water Street Healthcare Ventures, the companies said on Wednesday. healthcare lifescience testing diagnostic urology strategic equity private funding capital venture pathnostics

CTO Equity - Negotiation After Funding

SoCal CTO

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. 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).

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Apposite Gets Private Equity Investment

socalTECH

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. Size and terms of the funding were not announced by the companies. As part of the funding, Steve Fazio has been named as CEO of the company. apposite private equity venture capital enterprise network simulation testing test tool steve fazio

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Clearlight Partners Raises $300M Private Equity Fund

socalTECH

Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. Clearlight previously had $600M in capital under management, not including the newest fund. clearlight partners private equity venture capital finance funding

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JMI Equity Backs DoubleVerify In $33M Funding

socalTECH

La Jolla-based private equity firm JMI Equity has made a big investment in online advertising verification firm DoubleVerify , leading a $33M funding round in the New York company. According to DoubleVerify, the investment funding for the company came from JMI Equity, Institutional Venture Partners (IVP), as well as previous investors Blumberg Capital and First Round Capital. doubleverify venture capital equity advertising online verification

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CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). You can also enter salary and equity data to see where you stand.

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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. However, when I told him that the level of engagement required from me and the fact that equity-only development was required, he seemed to be a bit offended. There are cases where I will do equity-only deals.

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JMI Equity Invests $35M In Cosential's Construction Proposal Software

socalTECH

La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential announced on Wednesday that it has raised $35M in the strategic growth investment, which came from private equity investor JMI Equity. cosential venture capital construction proposal software equity

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JMI Equity Closes $875M Fund

socalTECH

San Diego- and Baltimore-based private equity firm JMI Equity said today that it has closed on a $875M fund, JMI Equity Fund VII, L.P. JMI Equity said the new fund brings its to a total of $2.1 The fund said that JMI VII will continue to focus on providing capital to fund growth, acquisitions, recapitalizations and buyouts, investing between $10M to $100M in each of its investments.

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