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>>.

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Invest Capital Funding Southern California 100

socalTECH

MARCH 16, 2018

Santa Monica-based Quantm Real Estate , a new startup looking to combine real estate investing with blockchain, the cryptocurrency technology behind such things as Bitcoin, said this week that it has launched a new service whih will help the average person invest in real estate. READ MORE>>.

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Santa Monica Equity Invest Help 149

socalTECH

JUNE 19, 2019

Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus.

Capital 113

Capital Santa Monica Equity Education 113

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

OCTOBER 24, 2019

Santa Monica-based Fair , the subscription vehicle service lead by startup veteran Scott Painter, is laying off 40 percent of its staff, according to reports , and also is replacing its CFO. The report says that current CFO Tyler Painter, the brother of CEO Scott Painter, is being replaced by Kirk Shryoc. READ MORE>>.

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Report Santa Monica Equity Invest 100

socalTECH

MARCH 9, 2018

Santa Monica-based Bird , which operates a network of "last mile" electric vehicles for connecting users with public transportation like buses and subways, has raised $100M in a Series B funding, the company said on Friday. Bird, which is led by founder and CEO Travis VanderZanden, offers up electric scooters as part of its service.

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Santa Monica UCLA Venice San Diego 113

socalTECH

SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

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Silver Lake Pricing Santa Monica Equity 113

socalTECH

MAY 14, 2014

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it is in an agreement to acquire ConvergeOne , a Minnesota-based provider of communications and managed services to the enterprise market. Financial details of the buy were not disclosed. READ MORE>>.

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Capital Santa Monica Equity Invest 138

socalTECH

JULY 12, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings , to an affiliate of Getronics Group. Pomeroy provided information technology services, including managed services, to the middle market and enterprise customers.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. HandsOn3 said it invests in business process services, big data mining, and industrial services. Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

socalTECH

MAY 16, 2014

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others. in the IPO offering.

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Truecar Pricing Arcturus Anthem 147

socalTECH

JULY 18, 2013

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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Content Steamboat Ventures Santa Monica Venture Capital 150

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. We brought in a third partner, Guy Oseary.

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Invest Startup Hollywood Echo Park 157

TechCrunch LA

APRIL 6, 2020

metro area, San Diego and Santa Monica. The remaining $200 million came from new investors Macquarie Capital, Mori Building and Shell, as well as existing investors 83North, Broadscale Group, Ervington Investments, Hearst Ventures, Planven Ventures, Pitango and RiverPark Ventures. Other deals: Qcraft.ai

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Layoffs Startup Newsletter Santa Monica 136

Both Sides of the Table

NOVEMBER 11, 2013

I often advise startup companies not to try and pin all of your brand equity into an announcement. Give direct feedback to entrepreneurs on their businesses or if we’re not investing why it’s not a fit for us. We promoted our long-time CFO – Dana Kibler – to overall head of operations & platform services.

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Venture Capital Startup Blogging Platform 324

Tech Zulu Event

JANUARY 23, 2013

ParkMe todayannounced that it has raised a new round of investment from LA based private equity firm Angeleno Group in a move that will fuel its expansion. and Europe and recently released its real-time on-street parking solution for drivers in Los Angeles and Santa Monica and Austin. Expand Its International Footprint.

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Santa Monica Equity Invest Funding 83

socalTECH

JULY 27, 2020

Our interview today is with Nick Hedges , the CEO of Santa Monica-based MomentFeed. We caught up with Nick--who is a veteran of the area's high tech industry, most recently serving as CEO of Velocify--to get the latest on MomentFeed, which provides services to multi-brand, location businesses. Those are proximity-based searches.

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Google Santa Monica Networking Software 113

socalTECH

MARCH 4, 2021

I had been seed investing and incubating businesses, and was sitting with a friend of mine, John Miller, who ran Caliburger, which is a 35 location burger chain, which is exporting the California lifestyle, much like In-N-Out does. There are now over 8,000 investors to date who have invested $1000 to $2000 each. What is Miso Robotics?

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Startup Venture Capital Capital Customer 113

socalTECH

JANUARY 17, 2017

Santa Monica-based Tala , backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets. billion people lack access to formal financial services, because they don't have a history, and don't have a credit score.

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Startup Santa Monica Customer Custom 100

socalTECH

AUGUST 17, 2020

In between that, I was formerly at the private equity firm Clearlake Capital, out of Santa Monica, which manages 8 billion in private equity investments. Indi stands for individual. The big new brand is the individual, which was the genesis of the name.

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Help Commerce Platform Orange County 113

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund?

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Southern California Capital Funding Invest 113

socalTECH

JUNE 17, 2009

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. Explain how your service works?

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Startup Zag Venture Capital Equity 124

socalTECH

JUNE 18, 2009

Our interview today is with Santa Monica-based OneCubicle (www.onecubicle.com), a new startup we ran across recently, which is looking to provide a more professional social networking site for younger people. You can also use the service to network to your next job. How are you backed?

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Social Network Entertainment Startup CTO Coach 100

Tech Zulu Event

SEPTEMBER 27, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services.

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Tech Coast Angels Idealab Angel Startup 96

SoCal Delicious

SEPTEMBER 19, 2012

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. Adam Miller transformed his company into one of the world’s leading software-as-a-service companies, specifically in the HR world. is a good monthly investment?

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Technical Review Entrepreneur Riot Games Southern California 75