article thumbnail

Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113
article thumbnail

Elevate Finds $25M For Legal Management Software

socalTECH

Los Angeles-based Elevate Services , a developer of enterprise, legal management software, has received $25M in an investment round, from private equity investor Kayne Partners, according to the two companies. Elevate said it will use the new, minority investment to scale its operations and to enhance its software.

Software 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MaintenanceNet Gets Private Equity Funding

socalTECH

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168
article thumbnail

SAIC Gets $300M Software Development Contract

socalTECH

San Diego-based Science Applications International Corporation (SAIC), a provider of engineering and other services, announced today that it has signed a $300M, five year contract with the U.S. Department of Education. SAIC has approximately 44,000 employees serving both the Federal Government and some commercial customers.

article thumbnail

Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

TechCrunch LA

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps , which raised $5.8 Co-founded by former ServiceTitan devel.

article thumbnail

Cartwheel Collects $1M From Portillo's, Others For On-Demand Delivery

socalTECH

Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.

Demand 113
article thumbnail

Specular Theory Snags $4.5M For VR Training For Air Force

socalTECH

Venice Beach-based Specular Theory, a developer of virtual reality training software for the U.S. in a Small Business Innovation Research (SBIR) Phase III contract. According to the company, the funding will go towards expanding its immersive training products supporting U.S. Air Force, says it has received $4.5M

Training 113