socalTECH

JANUARY 26, 2021

Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced. Traliant was founded in 2016, and says it has over 5,000 customers.

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Manhattan Beach Equity Funding Training 113

socalTECH

JANUARY 10, 2022

As part of the acquisition, mPulse Mobile said it has received a growth investment from growth equity firm PSG, along with existing investors Optum Ventures, OCA Ventures, HLM Venture Partners, Echo Health Ventures, SJF Ventures and Bonfire Ventures. Details of that funding were not announced by the company.

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Mobile Funding Equity Acquisition 113

socalTECH

NOVEMBER 19, 2021

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. Size of the funding was not announced. The company said the acquisition is its fifth acquisition to date.

Funding 100

Funding Entertainment Acquisition Equity 100

socalTECH

OCTOBER 17, 2018

Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. The funding came from private equity investment provider LLR Partners. Size of the investment was not announced.

Education 124

Education Acquisition Invest Software 124

TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed. billion valuation.

Company 363

Company Companies Acquisition Equity 363

socalTECH

AUGUST 8, 2017

Los Angeles-based private equity investor Vance Street Capital said this morning that its existing portfolio firm, A&E Medical Corporation , has acquired RTI Surgical's Cardiothoracic Closure business. Financial details of the acquisition were not announced. The acquisition is the second acquisition for A&E Medical.

Acquisition 100

Acquisition Capital Equity Los Angeles 100

socalTECH

NOVEMBER 30, 2010

San Diego- and Baltimore-based private equity firm JMI Equity said today that it has closed on a $875M fund, JMI Equity Fund VII, L.P. JMI Equity said the new fund brings its to a total of $2.1 The firm was advised by Goodwin Procter LLP in the new fund. billion in committed capital.

Equity 133

Equity Funding San Diego Acquisition 133

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. Same Value for Sweat Equity as Investment Dollars?

Equity 391

Equity CTO Hire Startup Examples 391

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

socalTECH

AUGUST 14, 2013

According to NextSpace, its first expansion outside California comes via the acquisition of a coworking operator called The Coop. The investment came from a Chicago real estate and private equity investor, Lakewest, along with angels. nextspace venture capital coworking chicago coop merger acquisition' READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

Startup Professionals Musings

APRIL 17, 2023

Thus your startup maturity and growth stage is the primary key to success with potential funding sources. My invention and prototype works, but I need funding to continue.” Tune your investor pitch and funding expectations accordingly. This is the exit stage for the entrepreneur, and for all earlier investors. Marty Zwilling

Funding 125

Funding Startup Ideas Equity 125

socalTECH

JANUARY 4, 2016

Irvine-based mobile accessory maker Incipio has scored an investment from private equity investor Goode Partners, the company announced this morning, via a minority investment. Incipio said it will use the new funding to further carry out its business, including identifying and executing future acquisitions of companies.

Equity 100

Equity Invest Acquisition Mobile 100

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. Transphorm said the funding came from existing investors, including an affiliate of Kohlberg Kravis Roberts & Co. and will continue the historical business of Transphorm. READ MORE>>.

Funding 113

Funding Equity Acquisition Sales 113

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

DECEMBER 11, 2018

Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Cast & Crew previously was owned by private equity investor Silver Lake. EQT Partners said Cast & Crew was acquired by its EQT VIII fund.

Silver Lake 100

Silver Lake Equity Burbank Hollywood 100

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

FEBRUARY 5, 2020

Financial terms of the buy--which was backed by private equity firm Apax Partners--were not announced. Accurate Background said it received an investment from Apax Digital Fund, the technology-focused growth equity fund advised by Apax Partners, to support the acquisition. READ MORE>>.

Screening 124

Screening Equity Acquisition Funding 124

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. million in revenues. READ MORE>>.

Software 100

Software Capital Funding Equity 100

socalTECH

JULY 25, 2018

The big rollup is being funded by private equity companies Vista Equity Partners and Bain Capital. Bain Capital acquired TriTech earlier this year, and Vista Equity had owned both Superion and Aptean prior to the rollup and merger. All three companies provide software for the public safety and public administration area.

San Diego 100

San Diego Equity Capital Software Development 100

socalTECH

SEPTEMBER 12, 2012

San Diego-based private equity firm TVC Capital , which is led by Jeb Spencer and Steven Hamerslag, has closed on a new, $75M growth equity and buyout fund, the firms said today. The new fund, TVC Capital II came from private equity fund of funds, institutional asset managers and family offices.

Capital 133

Capital Funding Equity San Diego 133

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. The Series G funding values ServiceTitan at $9.5 Aspire Software is based in St. Louis, Missouri. billion, according to the company.

Acquisition 113

Acquisition Equity Los Angeles Software 113

Startup Professionals Musings

JULY 16, 2023

None normally work for or provide funds for early-stage startups. Typically, their service is to help you invest in stocks, bonds, or mutual funds, much like independent financial advisors. Many investment banks even call themselves “boutiques.” Investment banks normally charge fees consisting of three components.

Funding 72

Funding Startup Invest Venture Capital 72

socalTECH

JULY 8, 2019

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

Software Capital Funding Santa Monica 113

socalTECH

JANUARY 14, 2020

Carlsbad-based Medsphere Systems , a provider of healthcare information technology and software, has raised $40M in new funding from private equity investor TPG Sixth Street Partners, the company said this morning. The new funds will go towards organic growth as well as "opportunistic strategic acquisitions", according to the company.

Software 100

Software Equity Acquisition Organization 100

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. The acquisition comes just two months after a majority private equity funding which raised $160M for Kyriba, and which values the company at $1.2

San Diego 113

San Diego Acquisition Equity Software Development 113

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

JANUARY 12, 2011

San Diego-based private equity firm JMI Equity has backed Internet advertising firm Adknowledge , as lead on a $200M debt and equity financing round for that firm. Adknowledge, which is based in Kansas City, MO, said today that it raised $200M in debt and equity to fuel its growth and for future acquisitions, led by JMI Equity.

Equity 140

Equity San Diego Advertising Acquisition 140

socalTECH

OCTOBER 26, 2015

Los Angeles-based online real estate investing marketplace RealtyMogul.com said it has helped to finance the acquisition of a multi-tenant, medical office building in Hollywood, Florida. Size of the funding was not announced. The medical office center is 57,815 square feet.

Funding 100

Funding Hollywood Equity Los Angeles 100

socalTECH

MAY 27, 2021

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 which trades on the NASDAQ as PACX. Acorns is led by CEO Noah Kerner.

Equity 113

Equity Acquisition Invest Funding 113

socalTECH

JULY 16, 2018

Financial details of the acquisition were not announced. SSP Innovation is backed by private equity investor Warren Equity. As part of the funding, Jason Linley, the owner and President of TC Technology, becomes Director of Mobile Product Management for SSP Innovations. READ MORE>>.

Technology 113

Technology Equity Mobile Acquisition 113

socalTECH

JANUARY 28, 2021

Los Angeles-based electric vehicle developer Faraday Future is joining the rush to public markets through a Special Purpose Acquisition Company (SPAC), saying this morning that it plans to list on the NASDAQ through a merger with Property Solutions Acquisition Corp. The company says the equity value of the deal is approximately $3.4

Acquisition 113

Acquisition Equity Los Angeles Invest 113

socalTECH

JANUARY 6, 2014

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.

Legalzoom 231

Legalzoom Glendale Equity Acquisition 231

socalTECH

JUNE 3, 2014

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company. Financial terms of the deal were not disclosed.

Internet Brands 208

Internet Brands El Segundo Equity Acquisition 208

socalTECH

MAY 4, 2021

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

JANUARY 20, 2021

Higher Ground said the acquisition come after raising $40M in a Series C equity funding, which was led by Venn Growth Partners and also included Learn Capital, Peak State Ventures, Nimble Ventures, and others. Financial terms of the buy were not announced.

Education 113

Education Equity Software Development Acquisition 113