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CitySourced Merges With Rock Solid Technologies

socalTECH

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. Financial terms of the merger were not announced.

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TC Technology Acquired By SSP Innovation

socalTECH

Carlsbad-based TC Technology , an IT services provider which develops mobile software for the utility market, has been acquired by SSP Innovation , a provider of IT services and software to the electric, gas, and water utilities, the two said on Friday. SSP Innovation is backed by private equity investor Warren Equity.

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Osurv Acquired By Private Equity Investor

socalTECH

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. Osurv said Tan Capital Partners will integrate its technology into nearly 800 hotels that Tan Capital owns and operates throughout Asia. READ MORE>>.

Equity 124
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iolo Acquired By Phoenix Technologies

socalTECH

Los Angeles-based Iolo , the developer of performance optimization software for PCs and mobile devices, has been acquired by Phoenix Technologies Ltd. , iolo was owned by by equity firm Marlin Equity Partners. iolo phoenix technologies performance optimization software merger acquisition private equity exit'

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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. Starship’s delivery robots are already proving their worth, and we are glad to support the company so that they can continue to develop their technology and scale-up their production.”.

Invest 233
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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed.

Company 363
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Procore Technologies Finds $30M For Construction Project Management Software

socalTECH

Procore develops cloud-based software which is used to manage large construction projects, using both the web and mobile phones. equity growth courtemanch tooey software management project construction capital venture technologies procore' READ MORE>>.

Software 100