socalTECH

OCTOBER 12, 2020

Huntington beach-based Newlight Technologies , a developer of an ocean-degradable biopolymer, which can be used like plastic but decays with exposure to seawater, has raised $45M in the company's Series F funding round. The funding came from private equity firm Valedor Partners, as well as GrayArch Partners. READ MORE>>.

Technology 113

Technology Equity Funding Product 113

socalTECH

APRIL 8, 2019

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. Kiesel becomes Chief Product Officer at Rock Solid as a result of the merger.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced. Goldman Sachs & Co. LLC and Morgan Stanley & Co.

Equity 113

Equity Funding Technical Review San Diego 113

socalTECH

JULY 16, 2018

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.

Technology 113

Technology Equity Mobile Acquisition 113

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. Why is that Deed got involved, and what is the relationship?

Equity 124

Equity Resource Startup Platform 124

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. IQMS said it will use the investment for sales, marketing, and product development. READ MORE>>.

Equity 138

Equity Funding Invest Software 138

socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , According to Vincente Capital, it has retained a minority interest in Intellectual Technology. Financial terms of the sale were not announced.

Capital 133

Capital Technology Equity Los Angeles 133

socalTECH

NOVEMBER 26, 2018

Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel.

Capital 140

Capital Belkin Technology Commerce 140

socalTECH

JUNE 22, 2016

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. The company said the funds would go to further invest in its technology and products. Size of that investment was not announced.

Sherman Oaks 100

Sherman Oaks Equity Invest Capital 100

SoCal CTO

NOVEMBER 1, 2010

And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). He had a partially built product. And he was still in the process of raising additional capital, so it was equity only.

CTO Hire 241

CTO Hire CTO Coach Equity Develop 241

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. Why is that Deed got involved, and what is the relationship?

Equity 100

Equity Resource Startup Platform 100

socalTECH

JUNE 21, 2017

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. According to Shoals Technologies Group, the funding came from Oaktree's Power Opportunities group.

Invest 113

Invest Capital Technology Equity 113

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. CareerArc, led by longtime technology veteran Robin D.

Technology 133

Technology Resource Los Angeles Equity 133

socalTECH

OCTOBER 8, 2013

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. Phoenix is a major provider of embedded BIOS and other products for the PC and tablet market. READ MORE>>.

Technology 138

Technology Equity Acquisition Los Angeles 138

socalTECH

SEPTEMBER 18, 2017

Laguna Hills-based Sonendo has received $50M in a growth investment, from private equity investor General Atlantic, Sonendo said this morning. According to the company, the new funding goes towards commercialization efforts and to expand and diversity its product portfolio. The company develops technology used in root canal treatment.

Technology 124

Technology Equity Capital Invest 124

TechCrunch LA

JANUARY 25, 2022

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

Invest Technology Startup Los Angeles 233

socalTECH

JUNE 21, 2017

Burbank-based Cast & Crew Entertainment Services , which provides technology-enabled payroll and production-management services to the entertainment industry, has snagged a PayPal executive to serve as its new Chief Technology Officer. Cast & Crew is backed by private equity investor Silver Lake Partners.

Chief Technology Officer 113

Chief Technology Officer Silver Lake Technology Burbank 113

socalTECH

NOVEMBER 6, 2017

San Diego-based Aquam Corporation , which provides technology for addressing deteriorating pipes used in water and other utility infrastructure, has raised $26M in a private equity funding, the company said this morning. The funding came from NewWorld Capital Group, and also included an un-nnamed, Credit Suisse advised fund.

Services 124

Services Technology San Diego Equity 124

socalTECH

OCTOBER 13, 2010

Los Angeles-based private equity firm Platinum Equity is acquiring a New Jersey provider of telecommunications products, Ulticom Inc. , According to Ulticom, it is in a definitive merger agreement with affiliates of Platinum Equity, which will take Ulticom private. in a $90M deal, Ulticom said late Tuesday evening.

Equity 133

Equity Acquisition Los Angeles Technology 133

Startup Professionals Musings

SEPTEMBER 10, 2018

You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. Experience and connections in your business area.

Equity 95

Equity Patents CTO Hire Startup 95

socalTECH

JANUARY 6, 2016

San Diego-based medical device maker NuVasive said late Monday that it is acquiring Aliso Viejo-based skeletal deformity treatment provider Ellipse Technologies , in a deal worth $380M in cash plus up to $30M in earn out. Ellipse provides it products for the pediatric deformity and orthopedic markets.

Technology 100

Technology San Diego Equity Acquisition 100

L.A. Business Journal

SEPTEMBER 4, 2019

Advertising technology software firm SRAX Inc. announced Tuesday it will bring its product offerings to Europe, an expansion made possible by the closing of an Aug. 12 equity worth $5.5

Equity 231

Equity Advertising Software Technology 231

socalTECH

JANUARY 3, 2017

Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing. The funding was managed by J.P. READ MORE>>.

Los Angeles 138

Los Angeles Angel Product City of Industry 138

socalTECH

AUGUST 24, 2020

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. READ MORE>>.

Report 124

Report Equity Networking Technology 124

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 167

CTO CTO Hire CTO Coach Equity 167

socalTECH

OCTOBER 14, 2013

Santa Barbara-based Channel Technologies Group , a manufacturer of piezoelectric ceramics, transducers, and other related products, said Friday that it has acquired H.C. Channel Technologies Group acquired H.C. channel technologies group materials merger acquisition piezoelectronic electronics ultrasound' READ MORE>>.

Technology 138

Technology Santa Barbara Acquisition Equity 138

socalTECH

OCTOBER 10, 2012

The firm said its product provides "attribution credit" to those assets--which it calls owned media assets--even though those third party sites do not support first party analytics tags. Convertro is trying to better track conversions and visitors, and attribute those to different online advertising and outreach. READ MORE>>.

Product 145

Product Paid Search Advertising Technical Review 145

socalTECH

OCTOBER 18, 2012

Carpinteria-based Helix Medical , a manufacturer for the medical device and healthcare industry, has acquired MedVenture Technology Corp. , MedVenture was owned by private equity firm Ampersand Capital Partners. a medical device design, development, and manufacturing company. Financial terms of the buy were not disclosed.

Technology 164

Technology Design Equity Capital 164

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 150

CTO CTO Hire CTO Coach Equity 150

socalTECH

AUGUST 5, 2013

San Diego-based MicroPower Technologies , which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The company said the new funding will go towards product development, sales, and marketing. The funding came from Karmel Capital and others.

Tech Coast Angels 164

Tech Coast Angels Technology Funding San Diego 164

socalTECH

OCTOBER 6, 2021

Maury Microwave is backed by private equity investor Artemis Capital Partners. Maury Microwave is backed by private equity investor Artemis Capital Partners. Maury said the buy will help it expand its test and measurement technology portfolio. Financial details of the buy were not announced. dBm is based in Oakland, NJ.

Capital 113

Capital Equity Research Design 113

socalTECH

FEBRUARY 2, 2016

Irvine-based Biosynthetic Technologies , a developer of high performance biobased oils targeting the automotive and industrial lubricant market, has received a $100M loan guarantee from the U.S. The loan guarantee was made under the USDA's Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (9003 Program).

Technology 100

Technology Equity Funding Marketing 100

socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The new fund will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies.

Capital 113

Capital Funding Outsource Development Equity 113

socalTECH

MAY 18, 2011

San Diego-based Maxwell Technologies , the developer of energy storage products, said today that it has named Mark S. Rossi is a Senior Managing Director at Cornerstone Equity Investors, a private equity firm. Rossi as its Chairman of the board. Rossi replaces Robert L.

Technology 124

Technology San Diego Equity Product 124

socalTECH

MARCH 3, 2021

The company named Jim Nguyen (co-foudner of TrueCar) as its President and Chief Operating Officer; Kash Sheikh (family office, private equity) as Chief Financial Officer; Joseph Chang (Houlihan Lokey) as Chief Revenue Officer; Lucas Donat (TrueCar) as Chief Marketing Officer; Matthew Cacciola (Fair, TBW Media Arts Lab) as Chief Design Officer; Chris (..)

Truecar 203

Truecar Santa Monica Equity Design 203

socalTECH

MAY 10, 2012

Irvine-based Quantum Fuel Systems Technologies , the developer of electric vehicle propulsion systems and related alternative energy products, reported today that it has received a working capital line of credit worth up to $10.0M. Quantum said it was advised by Advanced Equities in the transaction.

Technology 133

Technology Equity Report Capital 133

socalTECH

AUGUST 10, 2020

San Diego-based Ligand Pharmaceuticals anounced on Monday that it has acquired Pfenex , a develope rof recombinant protein production technology. per share in cash, or $438M in equity value, plus an additional $2.00 According to Ligand, it will pay $12.00 a share and $78M in milestones for Pfenex.

San Diego 124

San Diego Equity Product Technology 124