socalTECH

AUGUST 19, 2014

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. READ MORE>>.

Orange County 153

Orange County Sales News Equity 153

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5

Software 100

Software Capital Funding Equity 100

socalTECH

DECEMBER 22, 2021

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. Financial details of the investment were not announced, however, Diversis said it provided a "significant growth investment" to SalesRabbit.

Acquisition 100

Acquisition Capital Sales Equity 100

socalTECH

MARCH 19, 2014

Sales tax compliance is not a typical sexy startup area. 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.

Sales 149

Sales Software Startup Commerce 149

socalTECH

OCTOBER 28, 2021

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Cuadrilla says that the acquisition is its first investment since its launched in April. Sulak was previously at Marlin Equity Partners. Abraham was previously at Clearlake Capital and Marlin Equity Partners.

Capital 100

Capital Santa Barbara Equity Acquisition 100

socalTECH

FEBRUARY 25, 2016

West Hills-based Peloton Document Solutions , a company developing software which helps investment bankers, private equity investors, and companies to communicate financial information via interactive documents, has scored a strategic investment from R.R. Financial terms of the investment were not disclosed.

Invest 100

Invest Software Review Equity Sales 100

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 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

SEPTEMBER 25, 2018

Irvine-based Cirrus Insight , a developer of software used to help sales people with managing their email inbox and calendar, has received what it says is a "significant" growth equity investment. The funding came from private equity investor Clovis Point Capital. Size of the funding was not announced.

Funding 113

Funding Email Equity Sales 113

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

TechCrunch LA

JULY 19, 2022

It also handles the back end as well by automating the posting, sale and shipment of unsold inventory while offering immediate payment to creditworthy sellers. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. to develop some sweet inventory-planning software.

Product 191

Product Funding Technical Review Equity 191

socalTECH

MARCH 8, 2016

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said the funding will go to expand sales, marketing, and product development. A part of the funding, TVC Capital's Steven J. READ MORE>>.

Capital 100

Capital San Diego Equity 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. WorkSpace was founded by Alan Bedekar. READ MORE>>.

ASP 113

ASP Funding Sales Software 113

socalTECH

FEBRUARY 25, 2009

Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. According to MarketShare Partners, Elevation made a minority equity investment in the firm. Financial terms of the funding were not disclosed.

Invest 100

Invest Electronic Arts Equity Advertising 100

socalTECH

OCTOBER 7, 2014

It''s not often that startups come out of the gate, backed by a private equity investor. However, Los Angeles-based Colony Logic (www.colonylogic.com) is one of the few, having gotten its initial backing from private equity firm Blackstone. The company is focused on the enterprise software area. How do you do that? READ MORE>>.

Help 226

Help Equity Startup Sales 226

socalTECH

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. MarketShare's software helps companies adjust their marketing mix, to better drive sales.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

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

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm.

Capital 113

Capital Southern California Equity San Diego 113

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Nevertheless, it’s an option that doesn’t cost you equity. Only one-third make it past their tenth anniversary. Join a startup incubator.

Startup 136

Startup Technical Review Equity Incubator 136

socalTECH

AUGUST 10, 2018

Los Angeles-based Appetize , which develops modern, point-of-sale systems that use tablets and handheld devices to replace antiquated POS systems, has raised $23M in a Series B funding, the company said this week. The funding came from 32 equity, the NFL's investment arm.

Funding 100

Funding Equity Sales Los Angeles 100

Both Sides of the Table

SEPTEMBER 10, 2021

On the one hand, you’re over paying for every investment and valuations aren’t rational. Our fund (Upfront Ventures) recently returned >1x an entire $200 million fund just selling small minatory in secondary sales while still holding most of our stock for an ultimate public market exits. That used to be called A-round investing.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody''s software is used by spas, beauty salons, and other similar local businesses.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

APRIL 23, 2013

Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Spend the absolute minimum for what you need (equipment, software, and services) to keep your business running. Think minimum spending. Don’t think about the exit.

Equity 96

Equity Startup Summary Tips 96

socalTECH

OCTOBER 31, 2012

The firm said it will not receive any proceeds from the sale by the selling stockholders. The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). ServiceNow is a provider of IT automation software. ServiceNow went public in June, pricing at $18.00 per share on the NYSE as NOW. READ MORE>>.

San Diego 138

San Diego Equity Pricing Sales 138

Startup Professionals Musings

APRIL 4, 2022

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Tips 104

Tips Startup Technical Review Equity 104

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Nevertheless, it’s an option that doesn’t cost you equity. Only one-third make it past their tenth anniversary. Join a startup incubator.

Startup 128

Startup Technical Review Equity Incubator 128

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

socalTECH

OCTOBER 2, 2012

One of the few local funds to recently raise a fund is TVC Capital (www.tvccapital.com), which just closed TVC Capital II, a $75 million growth equity and buyout fund. As a reminder to our readers, can you talk briefly about TVC and what kinds of companies you invest in? Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

TechCrunch LA

NOVEMBER 4, 2019

Creators and influencers like Bernstein are forging a path from content creator to full-fledged business, with multiple revenue streams via podcasts, licensing deals, branded merchandise and even software products. “A 2020 will be a watershed year for investment in businesses around the creator economy,” Neil Robertson tells TechCrunch.

Platform 170

Platform Marketing Tool Venture Capital 170

Startup Professionals Musings

JUNE 2, 2021

Customers today quickly get beyond these, and put a competitive priority on the experience of others, reflected in reviews and social media, and their own total experience with your sales process, delivery, returns, and support on their schedule. These tolerate negative cash flows for growth. Create a team culture for personalized service.

Competition 142

Competition Software Review Social Media Customer 142

Both Sides of the Table

OCTOBER 17, 2019

At Upfront, our partners have been fortunate enough to be part of 18 companies that have reached north of $1 billion and the average tenure of an investment that exits at this scale is more than 10 years. We have invested in every round and as a result our ownership has actually gone up over time. Why does that matter?

Venture Capital 223

Venture Capital IP Startup Google 223

socalTECH

JANUARY 22, 2013

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. Tell us a bit on the investment? Why did you decide to take investment now?

Funding 164

Funding Calabasas Course Platform 164

socalTECH

JANUARY 22, 2013

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. Tell us a bit on the investment? Why did you decide to take investment now?

Funding 164

Funding Calabasas Course Platform 164

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Startup 87

Startup Technical Review Equity Incubator 87

socalTECH

MARCH 11, 2009

Los Angeles-based MarketShare Partners , a private equity-backed provider of marketing analytics, said this morning that it has tapped a former marketing exec from Procter & Gamble as an advisor. According to the firm, Jim Stengel, curently President of his own think tank and consultancy, has joined its board of advisors. READ MORE>>.

Sales 100

Sales Equity Advertising Los Angeles 100

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%. We want a strong balance sheet (um, ok. Think DropBox, Airbnb, Uber, Maker Studios.

Startup 383

Startup Company Companies .Net 383