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. Apax bought Epicor back in 2011.

Orange County 153

Orange County Sales News Equity 153

socalTECH

SEPTEMBER 25, 2012

DealCurrent , a developer of software used for managing local coupons and daily deals offers, has scored private equity funding from a private equity firm. Canal Partners, an Arizona private equity company, is funding Deal Current, to help the company accelerate growth, boost sales and marketing, and for developing its technology.

Equity 149

Equity Sales Funding Software 149

Both Sides of the Table

SEPTEMBER 30, 2011

It’s the lifeblood of any organization and yet most startups don’t have any sales DNA on their teams. It’s important enough that I dedicate a tab on my blog to startup sales & marketing. But the ground we covered was awesome for anybody wanting to know more about sales. What is your sales process?

Software Review 300

Software Review Sales Tips Help 300

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers.

Company 113

Company Companies Education Equity 113

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. Syrup Tech bags $6.3M to develop some sweet inventory-planning software.

Product 191

Product Funding Technical Review Equity 191

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

FEBRUARY 1, 2010

Laguna Hills-based SpeedTax , a developer of software-as-a-service for sales tax management, announced this morning that it has named David Lahey as the firm's Executive Vice President, Sales and marketing. Lahey was most recently at Sage, where he was a VP of Sales for a number of the firm's product lines.

Marketing 162

Marketing SaaS Sales Equity 162

socalTECH

DECEMBER 18, 2018

San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures. The funding round came from Lightspeed Venture Partners, T.

San Diego 113

San Diego Sales Equity Pricing 113

socalTECH

DECEMBER 23, 2010

Santa Ana-based CoreLogic , a provider of consumer, financial and property information, analytics and services to the real estate, mortgage, and other markets, said this morning that it has soled its Employer Services and Litigation Support business to private equity firm Symphony Technology Group (STG). READ MORE>>.

Equity 157

Equity Sales Services Technology 157

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

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

MAY 9, 2018

San Diego-based Seismic , the private equity-backed provider of sales and marketing enablement tools, said on Tuesday that it has acquired SAVO Group , a provider of sales enablement products. Doug Winter is the co-founder and CEO of Seismic, which is backed by General Atlantic, JMI Equity, and Jackson Square Ventures.

San Diego 113

San Diego Equity Sales Tool 113

socalTECH

JANUARY 5, 2011

Los Angeles private equity firm The Gores Group said Wednesday that it has closed its sale of Vincotech Holdings Sarl , a developer and manufacturer of power modules and inverters for the industrial and solar power market. Financial details of the sale were not disclosed.

Sales 133

Sales Equity Los Angeles Marketing 133

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

Startup Professionals Musings

SEPTEMBER 25, 2019

Plus you have to remember that these 200,000 shares could still be worth nothing in four years, depending on the “strike price” today, compared to the market price four years from now. CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5%

Equity 94

Equity Startup Pricing Marketing 94

socalTECH

NOVEMBER 13, 2017

San Diego-based AbacusNext , a provider of technology solutions for the legal and accounting market, has acquired UK-based HotDocs , a provider of document automation technology. AbacusNext is owned by private equity investor Providence Equity. Financial terms of the acquisition were not announced. READ MORE>>.

San Diego 124

San Diego Equity Acquisition Sales 124

socalTECH

JUNE 25, 2014

The sale netted the company $20M, which it will use to fund its U.S. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels. Moviepilot , the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de , to French publisher Webedia.

Social Media 164

Social Media Marketing .Net Entertainment 164

socalTECH

JUNE 3, 2019

Newport Beach-based Green Street Advisors , a provider of real estate research and analytics services and data, has been acquired by private equity investor Welsh, Carson, Anderson & Stowe , from existing private equity investor Golden Gate Capital. Financial details of the buy were not announced. READ MORE>>.

Carson 100

Carson Equity Research Sales 100

socalTECH

SEPTEMBER 29, 2021

Santa Barbara-based Invoca, which provides call tracking and marketing intelligence software, says it has named Paula Schmidlin as Senior Vice President, People & Culture, and promoted Ben Sullivan to Executive Vice President, Sales.

Santa Barbara 113

Santa Barbara Equity Acquisition Sales 113

socalTECH

SEPTEMBER 10, 2020

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Cole was previously VP and Research Director at Forrester-SiriusDecisions. Seismic is venture backed by Lightspeed Venture Partners, T. READ MORE>>.

San Diego 113

San Diego Equity Research Software Development 113

socalTECH

JULY 21, 2020

Datto , a developer of cloud-based software for the managed service provider (MSP) market--which just opened up a new office in Irvine--said that it has acquired Gluh Pty Ltd , an Australian company which develops software that allows MSPs to simplify procurement of IT products and services.

Software Review 113

Software Review Equity Acquisition Software 113

Berkonomics

JUNE 10, 2021

In an early-stage company, the key issue is most often finding the way to start the revenue flowing from services and sales. With enough revenues, the young company can more easily raise equity funds, borrow money, hire top talent, and gain valuable publicity. How about early-stage companies with unique problems?

Examples 156

Examples Sales Demand Equity 156

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

socalTECH

JANUARY 14, 2019

Los Angeles-based human resources (HR) technology developer CareerArc --part of an ever growing number of Los Angeles area enterprise software companies--said this morning that it has raised $30M in a growth equity funding. According to CareerArc, the new round was led by PeakEquity Partners.

Technology 133

Technology Resource Los Angeles Equity 133

socalTECH

JULY 30, 2018

Los Angeles-based digital marketing company Social Reality (SRAX) announced this morning that it is selling its healthcare and pharmaceutical digital advertising product line, SRAXmd, to private equity firm Halyard Capital. According to SRAX, it will receive up to $52.5M for SRAXmd, including $33.5M for SRAXmd, including $33.5M

Advertising 100

Advertising Class Equity Los Angeles 100

socalTECH

OCTOBER 6, 2020

According to the company, it acquired certain assets of ibVPN , Kickbox , and equity in SpatialBuzz , and sold Fonebox and Zintel Communications , its Australia and New Zealand cloud services voice businesses. Financial details of the acquisitions and sale were not announced by the company.

Company 100

Company Companies Acquisition Equity 100

Berkonomics

AUGUST 6, 2020

Some of us build our businesses to be lifestyle creations, destined to provide for our families but not necessarily as creators of great equity upon an eventual sale. Your brand and market recognition? But most of us dream of selling the business someday for lots of money and building our wealth upon that event.

Resource 156

Resource Startup Sales Equity 156

Startup Professionals Musings

OCTOBER 16, 2023

There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations. Forecast sales-volume expectations. Be willing to give up 20 to 33 percent of your equity to support this.

Startup 116

Startup Pricing Sales Statistics 116

Berkonomics

DECEMBER 20, 2018

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. These are your candidates, because they are companies already absorbing much or all the marketing expense necessary to make sales of your invention. I have the weeks to follow to make mine.

IP 136

IP Product Equity Tool 136

socalTECH

AUGUST 23, 2018

Los Angeles-based Appetize , which develops modern, tablet-based and other point of sale (POS) systems, said this morning that it has linked with SIDEARM Sports , a provider of mobile apps for the collegiate athletic market. Appetize recently raised a big, $23M funding round, from 32 equity, the NFL's investment arm.

Sales 100

Sales Equity Los Angeles Mobile 100

socalTECH

FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. According to the company, the funding is its first institutional funding round.

Funding 133

Funding Santa Monica Equity Capital 133

Startup Professionals Musings

MAY 30, 2022

They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Switch your attention from product development to sales. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands.

Sales 147

Sales Metrics Guide Startup 147

socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. Diversis says its focus is on companies in the lower and middle markets. READ MORE>>.

Capital 100

Capital Equity Los Angeles Design 100

Berkonomics

FEBRUARY 11, 2021

Then they calculate cost of sales, and then project their expenses, to find the bottom-line profit or loss each projected month. How planning is done today. Most entrepreneurs and managers, when modeling their business operations using a spreadsheet, start with expected revenue by month. One way to think for tomorrow. Something new emerges.

.Net 156

.Net Sales Startup Equity 156

Berkonomics

DECEMBER 20, 2018

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. These are your candidates, because they are companies already absorbing much or all the marketing expense necessary to make sales of your invention. I have the weeks to follow to make mine.

IP 120

IP Product Equity Tool 120

socalTECH

DECEMBER 11, 2018

The funding was led by JMK Consumer Growth Partners, and also included existing investors, including the Nordstrom family, and new investor David Kessenich, Managing Partner and Co-Founder of healthcare private equity firm Excellere Partners. READ MORE>>.

El Segundo 113

El Segundo Equity Sales Invest 113

socalTECH

JUNE 7, 2013

Santa Monica-based private equity firm Clearlake Capital said this week that it has acquired the Retail Solutions Group of Agilisys , a provider of technology and managed services for the retail market. agilisys clearlake capital private equity merger acquisition consulting' The new company remains in Greenville, South Carolina.

Capital 147

Capital Santa Monica Equity Sales 147