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

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital said it expects the sale to complete in the third quarter of 2016.

Capital 100

Capital Santa Monica Mobile Equity 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. READ MORE>>.

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. Business.com has a long, corporate history, having started life in Santa Monica in 1999, as a $7.5M

Santa Monica 100

Santa Monica Incubator Guide Equity 100

socalTECH

SEPTEMBER 25, 2015

Santa Monica-based VideoAmp , a developer of programmatic video advertising software, said Friday that it has opened up offices in New York, Chicago, and Detroit, and also has hired a new VP to head up its eastern region sales. VideoAmp also said it and expanding its current office in San Francisco. READ MORE>>.

Anthem 100

Anthem Santa Monica Sales Equity 100

socalTECH

MARCH 29, 2016

Around half of employees in all areas were satisfied with what they were being paid--for example, 51% of men and 47 percent of women were happy with their pay in engineering--but only 36 percent of women in operations, versus 53 percent of men, and only 28 percent in sales/business development versus 54 percent of men were happy with their pay.

Satisfaction 100

Satisfaction Santa Monica Equity Examples 100

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

JANUARY 6, 2014

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. Financial details of the deal were not announced. READ MORE>>.

Capital 138

Capital Services Outsource Development Santa Monica 138

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. Zwelling is a serial entrepreneurs who has had some major successes, including EchoSign (acquired by Adobe) and YLighting (acquired by private equity). The firm is based in Santa Monica. READ MORE>>.

Santa Monica 147

Santa Monica Advertising Equity Entrepreneur 147

socalTECH

MAY 8, 2017

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.

Clearstone 113

Clearstone Draper Santa Monica Venture Capital 113

socalTECH

FEBRUARY 16, 2011

Financial terms of the buy were not disclosed, however, the firm said that private equity firm JMI Equity has provided it funding in support of the transaction. JMI Equity General Partner Peter Arrowsmith and Vice President David Greenberg have joined Resource Nation's board as part of the acquisition.

Resource 178

Resource Southern California Santa Monica Equity 178

socalTECH

DECEMBER 27, 2018

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. Seismic, a sales software company, raised $100M and became a unicorn. ZipRecruiter, based in Santa Monica, closed a $156 million Series B round that valued the company at $1.5B.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

AUGUST 23, 2011

Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

Truecar 150

Truecar Santa Barbara Santa Monica Pricing 150

CEO Flow

MARCH 2, 2009

We intend the group to be mostly CEOs of B2B companies and companies with some direct sales. It will be held at FinaVentures’ office in Santa Monica (3340 Ocean Park , Suite 1050). 3340 Ocean Park , Suite 1050 Santa Monica, CA 90405. There’s no cost. Date & Time: Friday, March 13. Just write me).

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

We intend the group to be mostly CEOs of B2B companies and companies with some direct sales. It will be held at FinaVentures’ office in Santa Monica (3340 Ocean Park , Suite 1050). 3340 Ocean Park , Suite 1050 Santa Monica, CA 90405. There’s no cost. Date & Time: Friday, March 13. Just write me).

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

We intend the group to be mostly CEOs of B2B companies and companies with some direct sales. It will be held at FinaVentures’ office in Santa Monica (3340 Ocean Park , Suite 1050). 3340 Ocean Park , Suite 1050 Santa Monica, CA 90405. There’s no cost. Date & Time: Friday, March 13. Just write me).

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

We intend the group to be mostly CEOs of B2B companies and companies with some direct sales. It will be held at FinaVentures’ office in Santa Monica (3340 Ocean Park , Suite 1050). 3340 Ocean Park , Suite 1050 Santa Monica, CA 90405. There’s no cost. Date & Time: Friday, March 13. Just write me).

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

socalTECH

NOVEMBER 1, 2010

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. In further details on the FAN deal, Addante also said that it has not acquired the advertising sales team at FAN, saying that it "is not, and will not be, an ad network."

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

NOVEMBER 18, 2008

Santa Monica-based Gorilla Nation, which provides ad sales for web publishers, said today that it has extended its deal with Gawker Media to cover advertising sales throughout the UK. Gorilla Nation is backed by $50M in private equity firm Great Hill Partners. Financial impact of the deal was not disclosed.

Gorilla Nation 100

Gorilla Nation Santa Monica Advertising Equity 100

Both Sides of the Table

MARCH 17, 2010

Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. DemandMedia has already scaled a tech team to a considerable size in Santa Monica. So it’s always a trade-off.

Company 290

Company Companies Technology Startup 290

Both Sides of the Table

NOVEMBER 11, 2013

I often advise startup companies not to try and pin all of your brand equity into an announcement. What’s mostly been keeping her busy in the last few months is onboarding our new CFO – Audrey Lee – and handling the 10-month buildout of our new Santa Monica offices, which are expected to come online in Feb or March of 2014.

Venture Capital 324

Venture Capital Startup Blogging Platform 324

socalTECH

JUNE 20, 2012

Sam Teller: Launchpad is an accelerator in Santa Monica. For two years, it was a mentorship program, that worked with twenty three different companies, but did not have a fund, did not have an office, and didn't take any equity. For readers, LaunchpadLA is all about? We were founded in 2009 by Mark Suster from GRP Partners.

Class 261

Class Mentor Startup Santa Monica 261

socalTECH

JUNE 17, 2009

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. The way sales are handled is as old as the 1930's securities laws.

Startup 124

Startup Zag Venture Capital Equity 124

Tech Zulu Event

DECEMBER 30, 2011

24 7pm at Coloft in Santa Monica. Mike has over 18 years of strategic, operational and senior management experience in businesses ranging from early stage start-ups to private equity backed assets and from mid-stage business to large turn-around operations. His passion has always been working with startups.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

Tech Zulu Event

DECEMBER 24, 2014

Not having technical backgrounds ourselves, we were fortunate to have friends develop the app in exchange for equity. We actually just had our busiest weekend yet from December 5-7, as we have a partnership with Whole Foods in Santa Monica to deliver their Christmas trees for free. AJ: Absolutely!

FAQ 98

FAQ Startup Technical Review Santa Monica 98

Tech Zulu Event

SEPTEMBER 27, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

socalTECH

APRIL 20, 2010

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. It's not a revenue multiple sale. EMC said--Kazeon is the most profitable part of the sale, so I want to own it. We were the Series A in there.

Clearstone 140

Clearstone Idealab Incubator Invest 140

Tech Zulu Event

JUNE 3, 2015

Women in sales or real estate, were more savvy with negotiation than those who weren’t and often asked for, and received, the better price as a result. It’s been a fascinating sociology study starting with the first panel of all female executives I heard during a conference on the Santa Monica Pier all the way up until now.

Conference 40

Conference Entertainment Startup Digital Hollywood 40