socalTECH

FEBRUARY 11, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it has created a new company, Newfold Digital, through the acquisition of Endurance International Group, plus strategic investment transactions with both Web.com and affiliates of Siris.

Capital 113

Capital Santa Monica Company Companies 113

socalTECH

FEBRUARY 3, 2021

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. The company was acquired by Platinum Equity in December 2019. Financial details of the acquisition were not announced. for the domain name.

Santa Monica 113

Santa Monica Equity Incubator Acquisition 113

socalTECH

AUGUST 31, 2021

Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies.

Invest 113

Invest Santa Monica Equity Advertising 113

socalTECH

OCTOBER 26, 2021

Santa Monica-based private equity investor Clearlake Capital says that one if its portfolio companies, healthcare software developer nThrive, is acquiring TransUnion Healthcare. Morgan, Deutsche Bank, Golub, Barclays, BMO Capital Markets, Credit Suisse, and Jefferies. Financial details of the deal were not announced.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

MAY 17, 2012

Santa Monica-based American Solar Direct , a provider of residential solar lease and power purchase agreements, announced this week that it has raised $5M in an equity investment. The round came from WGL Holdings, inc., along with other existing investors and new investors.

Equity 140

Equity Invest Santa Monica Marketing 140

socalTECH

APRIL 14, 2021

Email marketing software developer Constant Contact, which is backed by Santa Monica-based private equity investor Clearlake Capital, has named a new CEO and CFO this morning. Vella was most recently CEO of Information Builders, and also has served at Microsoft, GE Capital, HP Enterprise and Xerox.

Santa Monica 100

Santa Monica Equity Email Capital 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. Quantm Real Estate's CEO and founder is Matthew Sullivan.

Santa Monica 149

Santa Monica Equity Invest Help 149

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 billion through its IPO on the NASDAQ Global Select Market. GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

socalTECH

NOVEMBER 29, 2017

Santa Monica-based private equity investor Clearlake Capital and portfolio firm NetDocuments said today they have acquired ThreadKM , a developer of project management and collaboration software. Both NetDocuments and ThreadKM serve the legal and compliance market. Financial details of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

JUNE 17, 2020

Santa Monica-based drone data management software developer DroneBase announced on Wednesday morning that it has raised $7.5M in a Series C funding. DroneBase has now raised a total of $32M in funding. DroneBase is led by CEO and Founder Dan Burton. READ MORE>>.

Santa Monica 113

Santa Monica Venture Capital Equity Software Development 113

socalTECH

MAY 7, 2010

Two Southern California firms have made Advertising Age's annual list of the largest search marketing agencies, released last week. Santa Monica-based The Search Agency , which is headed by David Hughes, was listed at number 12, and San Diego-based Covario , which is run by Russ Mann, was listed at number 25.

Marketing 174

Marketing Southern California Santa Monica Advertising 174

socalTECH

SEPTEMBER 23, 2020

Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 The company begins trading this morning on the NASDAQ Global Select Market as GDRX. Seelaus & Co., LLC and Ramirez & Co.,

Pricing 113

Pricing Silver Lake Santa Monica .Net 113

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

SoCal Tech Calendar

DECEMBER 2, 2016

The first ever Crowd Invest Summit will debut December 7-8, 2016 at the Loews Santa Monica Beach Hotel in Santa Monica, California. The summit will feature a robust agenda spanning a variety of equity crowdfunding themes including investment analysis, marketing strategies, trends and insights from industry experts.

Invest 100

Invest Santa Monica Equity Marketing 100

SoCal Tech Calendar

DECEMBER 1, 2016

The first ever Crowd Invest Summit will debut December 7-8, 2016 at the Loews Santa Monica Beach Hotel in Santa Monica, California. The summit will feature a robust agenda spanning a variety of equity crowdfunding themes including investment analysis, marketing strategies, trends and insights from industry experts.

Invest 100

Invest Santa Monica Equity Marketing 100

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

MARCH 12, 2018

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. Financial details of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

socalTECH

SEPTEMBER 10, 2009

Santa Monica-based SharesPost.com , which recently launched a marketplace for private company shares, said Wednesday that the firm has inked a deal with Advanced Equities. Tags: sharespost advanced equities private placement venture capital. READ MORE>>.

Equity 133

Equity Zag Santa Monica Incubator 133

socalTECH

AUGUST 3, 2020

Santa Monica-based online healthcare marketplace operator GoodRx has reportedly filed for an IPO, according to a report. GoodRx is owned by private equity firm Silver Lake.

Silver Lake 113

Silver Lake Report Santa Monica Equity 113

socalTECH

NOVEMBER 15, 2017

Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. Arrowroot Capital said the fund was oversubscribed.

Invest 113

Invest Capital Software Funding 113

socalTECH

JANUARY 20, 2011

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, is expected to hit the public markets late next week, according to a report today from AllThingsD. The firm is venture backed by Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., and $16.00

Demand 150

Demand Media eHow Marketing 150

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>>.

Capital 138

Capital Santa Monica Equity Invest 138

socalTECH

JUNE 16, 2009

Santa Monica-based SharesPost , a new startup out of Scott Painter's BrightHouse incubator, said Tuesday morning that the firm has launched on online platform which will match buyers and sellers of private equity. Tags: brighthouse painter scott marketplace stock private equity sharespost. READ MORE>>.

Equity 113

Equity CarsDirect Zag Incubator 113

socalTECH

DECEMBER 30, 2016

In 2016, our Santa Monica office more than doubled market share of early-stage companies. One example is Santa Monica-based hardware company, Ring, who transitioned to a hybrid business model that now includes recurring revenue. In the interest of full disclosure, Headspace is a client of SVB Santa Monica.

Santa Monica 124

Santa Monica Southern California Venture Capital SoCalTech 124

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' READ MORE>>.

Capital 147

Capital Santa Monica Equity Sales 147

LATechDigest

MAY 16, 2016

SNAPCHAT Expands into New Offices at Santa Monica Airport ( link ). COMPARABLY Adds Equity Calculator ( link ). THRIVE MARKET Featured on CBS This Morning ( link ). Here’s what’s new in LA’s tech space: Behind the Scenes at SMASHD LABS , Open for Accelerator Submissions ( link ).

Santa Monica 45

Santa Monica Snapchat Pasadena News 45

socalTECH

NOVEMBER 18, 2015

Santa Monica-based private equity investor Clearlake Capital Group, L.P. Syncsort develops Hadoop and other big data integration software for the mainframe market. said this morning that it has acquired Syncsort Incorporated , a developer of enterprise software based in New Jersey.

Capital 100

Capital Santa Monica IBM IBM 100

socalTECH

DECEMBER 16, 2015

Santa Monica-based private equity investor Clearlake Capital Group has scored an exit with one of its portfolio companies, Chicago-based Inventus Solutions. Inventus develops e-discovery services to the Fortune 1000, global law firm, and government agency markets. Inventus has been acquired by RPX Corporation.

Capital 100

Capital Santa Monica Equity Services 100

socalTECH

APRIL 5, 2011

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, has scored a new, equity investment and partnership with direct marketing firm Guthy-Renker , the firm announced today. Financial terms of the investment were not disclosed.

Truecar 232

Truecar Invest Edmunds Santa Monica 232

socalTECH

JUNE 22, 2016

Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Purch said the deal would help it expand into the SMB market. READ MORE>>.

Santa Monica 100

Santa Monica Incubator Guide Equity 100

socalTECH

APRIL 4, 2014

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

MAY 16, 2014

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is trading on the NASDAQ Global Select Market as TRUE. million shares of its stock at $9 per share. The pricing was below the company''s earlier, estimated IPO range of $12.00 The company raised around $71.1M in the IPO offering.

Truecar 147

Truecar Pricing Arcturus Anthem 147

socalTECH

APRIL 20, 2015

Santa Monica-based Switching Concepts , a provider of turnkey telecom switching platforms, aimed at helping startup and existing telecommunications providers, has been acquired by X5 Solutions. X5 Solutions is based in Seattle, and is owned by private equity investor NewSpring Capital. READ MORE>>.

Santa Monica 100

Santa Monica Acquisition Equity Los Angeles 100

socalTECH

JANUARY 27, 2010

Santa Monica-based The Search Agency joins a number of privately held, Southern California firms this week reporting strong growth in 2009. The firm said the growth came as a result of increasing demand for the firm's online marketing services. The Search Agency is backed by private equity firm JMI Equity.

Search Engine Optimization 185

Search Engine Optimization SEM Southern California SEO 185

socalTECH

OCTOBER 9, 2013

Santa Monica-based utility scale solar power developer SolarReserve announced Tuesday that it has appointed a new Chief Financial Officer. He also co-founded wind developer First Wind/UPC Wind, and served at a Nomura-backed private equity fund, GE Capital Market Services, and Lehman Brothers. Solar Reserve said it has $1.8

Santa Monica 147

Santa Monica Equity Capital Funding 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>>.

Content 150

Content Steamboat Ventures Santa Monica Venture Capital 150

socalTECH

JANUARY 14, 2013

The firm said the funding came from Bessemer Venture Partners and DAG Ventures, and will go towards sales and marketing. Convertro develops a non-cookie-based tracking technology that helps marketers better track and analyze their customers, and helps to better target and optimize ad campaigns. The firm is based in Santa Monica.

Santa Monica 147

Santa Monica Advertising Equity Entrepreneur 147