socalTECH

APRIL 15, 2019

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced.

Equity 113

Equity Entertainment Tool Acquisition 113

socalTECH

MARCH 11, 2019

Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M.

Invest 113

Invest Newsletter Social Media Equity 113

socalTECH

AUGUST 8, 2019

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies.

Manhattan Beach 113

Manhattan Beach Invest UCLA Education 113

socalTECH

JUNE 17, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Capital 113

Capital Technology Santa Monica Equity 113

socalTECH

OCTOBER 15, 2014

Aliso Viejo-based H3 Financial Services , a developer of web-based software for managing consumer finance and billing for the dental and veterinary market, has scored a Series A investment. Size of the investment was not announced. The funding came from Newport Beach-based Connexus Equity Management Partners. READ MORE>>.

Services 147

Services Funding SaaS Equity 147

socalTECH

JULY 30, 2014

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets.

Windward 138

Windward SaaS Enterprise Partners San Diego 138

socalTECH

JUNE 10, 2021

San Diego-based private equity investor HCAP Partners announced today that it has provided a follow-on investment in TCS Healthcare Technologies, a provider of managed care softare, as part of an acquisition effort by TCS. Financial details of the acquisition and investment were not announced by HCAP Partners.

Acquisition 113

Acquisition Technology San Diego Equity 113

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm, led by managing director Matthew J. READ MORE>>.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

JUNE 3, 2021

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.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

AUGUST 24, 2021

Irvine-based GoDocs, a developer of legal document preparation software, said today that it has raised round of investment from private equity investor M33 Growth, and appointed a new CEO. Size of the investment round was not announced. According to the company, it has appointed Steve Butler as CEO of the company.

Funding 113

Funding Equity Web Invest 113

Both Sides of the Table

SEPTEMBER 10, 2021

On the one hand, you’re over paying for every investment and valuations aren’t rational. That used to be called A-round investing. The biggest change for us in early-stage investing is that we now need to commit earlier. However, to be a great VC you have to hold two conflicting ideas in your head at the same time. of the fund.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

JUNE 15, 2021

Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

Draper 113

Draper Equity Acquisition Los Angeles 113

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Aspire Software is based in St. Financial details of the acquisition were not announced.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

JUNE 29, 2017

Those local funds are on top of a massive injection of funding from out of area venture capitalists, private equity funds, family offices, and strategic investors. Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. so far in investments.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

socalTECH

OCTOBER 6, 2011

Irvine-based Kareo , a developer of cloud-based practice management and medical billing software, announced today that it has raised $10M in an equity investment round. The round was led by Greenspring Associates, and also included OpenView Venture Partners, Western Technology Investment, and angel investor Travis Kalanick.

Software 162

Software Equity Invest Sales 162

socalTECH

MARCH 19, 2014

So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software. What is TaxJar? What''s the story behind the company?

Sales 149

Sales Software Startup Commerce 149

socalTECH

DECEMBER 7, 2018

Santa Monica-based private equity investor Clearlake Capital Group has acquired Houston, Texas-based symplr , a provider of healthcare governance, risk, and compliance software. Clearlake acquired symplr from its existing set of private equity investors, Pamlico Capital and The CapStreet Group. READ MORE>>.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

NOVEMBER 9, 2017

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program. READ MORE>>.

Silver Lake 113

Silver Lake Cornerstone OnDemand Software Review Santa Monica 113

socalTECH

JANUARY 3, 2019

Technology investing is the best job in the world, but it can be fraught with failure. Once you make enough technology investments, as we have over the last decade, failure at multiple levels will increase and sometimes it feels as if these failures are often sudden, surprising and multiplicative. Two big lessons in 2018.

Capital 113

Capital Southern California El Segundo SaaS 113

Xconomy

NOVEMBER 27, 2016

Proficio, a Carlsbad, CA-based startup providing cybersecurity protection services for middle market companies, has raised $12 million in an investment round led by Kayne Anderson Capital Advisors. The Los Angeles-based private equity firm provided funding from its Kayne Partners Fund Group, which invests in high-growth technology businesses.

Equity 40

Equity Los Angeles Invest Networking 40

socalTECH

SEPTEMBER 23, 2016

San Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The funding came from private equity investor Primus Capital. Certona was founded in 2004. READ MORE>>.

Artificial Inteligence 100

Artificial Inteligence Funding San Diego Equity 100

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M

Capital 157

Capital San Diego Equity Software 157

socalTECH

JANUARY 27, 2016

Los Angeles-based enterprise software developer Chrome River , which develops cloud-based expense management and supplier invoicing software, says it grew its user base by 82 percent, year over year. Chrome River is backed by private equity investor Great Hill Partners, which invested $100M in the company in June of 2015.

Equity 100

Equity Software Development Los Angeles Software 100

socalTECH

MAY 29, 2020

Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Size and terms of the investment were not announced.

ASP 113

ASP Funding Sales Software 113

socalTECH

OCTOBER 31, 2012

The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). The secondary is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit Suisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. ServiceNow is a provider of IT automation software.

San Diego 138

San Diego Equity Pricing Sales 138

socalTECH

JUNE 27, 2012

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. per share, is backed by JMI Equity and Sequoia Capital. The firm, which has set initial pricing range of its IPO at between $15.00

Pricing 145

Pricing San Diego Equity Invest 145

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. We build product roadmap software – it’s a SaaS company based here in Santa Barbara, California. Semick: They are. It’s chaotic.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

MARCH 31, 2012

San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. ServiceNow is venture backed by JMI Equity and Sequoia Capital. ServiceNow said has applied to trade as NOW. The firm reported a net loss of $6.6M

San Diego 113

San Diego .Net Equity Report 113

socalTECH

NOVEMBER 14, 2019

The challenge a lot of those businesses have, is likely have built their sites and are using a lot of different software-as-a-service platforms. How supportive is that environment to third party software and partners? A lot of those brands, on the e-commerce side, are becoming more data driven. Thanks, and good luck!

Startup 113

Startup Platform Commerce San Diego 113

socalTECH

JUNE 27, 2012

A new, financial education and family organization website, DoughMain , said yetserday that it has raised funding from a private equity fund managed out of Los Angeles and Boston. The firm said it has added Ned Hentz, the son-in-law of Iacocca, as its Chief Creative Officer and board member of the firm as part of the investment.

Los Angeles 140

Los Angeles Angel Education Equity 140

Xconomy

DECEMBER 18, 2018

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region.

Southern California 110

Southern California San Diego Software Invest 110

Both Sides of the Table

SEPTEMBER 28, 2014

otherwise I prefer to invest less and risk less). This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%. So money spent should add equity value or create IP that eventually will.

Startup 383

Startup Company Companies .Net 383

socalTECH

JULY 27, 2020

What our software does, is optimizes every signal the discovery algorithms look at when they decide to show results for those terms. Nick Hedges: Level Equity led the most recent round, have Sigia Ventures in Menlo Park, and we have DFJ Frontier, those are the main investors, but we do have a variety of other investors.

Google 113

Google Santa Monica Networking Software 113

Both Sides of the Table

AUGUST 24, 2015

So why invest in that period of uncertainty unless it’s early-stage and thus valuation matters less. If the next 30 days stays calm then investment will pick up. So, too, investments. It will also mean a certain amount of triage and also some mortality rates amongst investments. So plan your start date accordingly.

Marketing 150

Marketing Venture Capital Startup Invest 150

Xconomy

SEPTEMBER 26, 2016

Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 Tealium also unveiled a new “executive briefing center” (pictured above) at its expanded San Diego headquarters.

Customer 40

Customer Custom San Diego JavaScript 40

Both Sides of the Table

OCTOBER 22, 2009

Please don’t also confuse this with whether a VC should invest in a CEO who’s done it before – that’s a given. He’s joining you because your company offers him/her the hope of the big equity package but likely the step forward in his career that he’s been looking for. I’ll explain both below.

Startup 327

Startup Sales Class CIO 327