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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management. Rowe Price, Dragoneer Investment Group, and ICONIQ Growth.

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JMI Equity Re-Ups On BigMachines

socalTECH

BigMachines , a developer of cloud-based software for product configuration, pricing, quoting, and proposals, has scored funding from San Diego private quity investor JMI Equity. The funding round came from Vista Equity Partners, JMI Equity, as well as new investors Salesforce.com.

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ServiceNow IPO Pricing Expected Thursday

socalTECH

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 per share, is backed by JMI Equity and Sequoia Capital.

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ServiceNow Prices IPO, To Hit Market Friday

socalTECH

San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday.

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ServiceNow Sets IPO Pricing Range

socalTECH

San Diego-based ServiceNow has set the pricing range for its IPO, saying today that it anticipates an initial public offering price for the firm at between $15.00 The firm is backed by JMI Equity and Sequoia Capital. and $17.00

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Rowe Price Associates Inc. and OMERS Growth Equity. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6

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Who Should you Hire at a Startup?

Both Sides of the Table

He’s joining you because your company offers him/her the hope of the big equity package but likely the step forward in his career that he’s been looking for. SaaS was hot so I was able to land a very impressive guy. I had given him a small equity stake in my company. He’s got something to prove. WTF!! ?? !!

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