article thumbnail

LegalZoom Sells $500M Secondary Stake To Private Equity Investors

socalTECH

Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors.

Legalzoom 100
article thumbnail

How YP Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. Here in Glendale, the population is around 600 people total. The last group, on the technical side, is platform data services. How big is YP? Louis and Atlanta.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How YP.com Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP (www.yp.com) -- staffed with a surprising number of Los Angeles startup vets. Here in Glendale, the population is around 600 people total. The last group, on the technical side, is platform data services. How big is YP.com?

article thumbnail

With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management. Based in Glendale, Calif., Based in Glendale, Calif.,

SaaS 292
article thumbnail

LegalZoom Sells $200M In Majority Stake To Permira

socalTECH

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.

Legalzoom 231
article thumbnail

Permira Completes $200M LegalZoom Buy

socalTECH

The deal by private equity firm Permira to acquire the majority stake in Glendale-based egalZoom is now complete, according to Permira. legalzoom permira merger acquisitoin exit kpcb legal documents finance private equity' Polaris Venture Partners now owns a smaller portion of its ownership in the company. READ MORE>>.

Legalzoom 204
article thumbnail

YP Buys Sense Networks

socalTECH

YP , the local search, media, and advertising firm spun out of AT&T which has significant operations in Glendale, said today that it has acquired venture-backed Sense Networks , a provider of mobile advertising and location-based services. Financial terms of the buy were not disclosed. READ MORE>>.