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Assembly Gets Investment Round

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Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. Financial terms of the investment were not announced. Assembly is led by co-founder and CEO Sandeep Kella.

Invest 113
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Assembly Joins Billion Dollar Unicorns After Strategic Investment

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Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company did not say how much Advent International invested in the company.

Invest 113
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ServiceNow Eyes San Diego Investments As Part Of $100M Fund

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ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego.

San Diego 113
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Bluebeam Software Acquired For $100M

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Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. READ MORE>>.

Software 228
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Perforce Software, Backed By Clearlake Capital, Finds New Funding

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Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113
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CrowdStrike Launches $20M, Early Stage Investment Fund

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CrowdStrike , the cloud-based cybersecurity software developer which has substantial operations in Orange County, said today that it has launched a new, early stage investment fund called the Falcon Fund. The new fund will make seed and Series A investments, according to the company.

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Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others. As expected, the company has not detailed any information on the new fund.

Invest 133