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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Financial terms of the investment were not announced. Therese Tucker, the founder and CEO of BlackLine, will continue to run the company. READ MORE>>.

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GoodRx Sets IPO Pricing Range

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Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,

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Cast & Crew Completes Caps Payroll Buy

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Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll.

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Zuma Ventures: Creating A New Technology Startup Model

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What they do, is accelerate that team or company to get them to the next level, and then go through and put in some investment money, help them build out the management team, and help with vendor relationships, help with overall strategy, and then help those companies riase their next round of capital. We actually are ideating internally.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. In terms of that, they are people like Vista Equity, particularly, but also Summit, TPG, KKR, and Silver Lake. The third area, are the private equity players. There is a lot of money being driven by low cost debt.