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

AUGUST 10, 2021

Los Angeles-based financial advisory consulting provider AdviserSource.com says it has acquired Advisory Equity, a developer of a financial marketplace app developer. Financial terms of the acquisition were not announced. According to AdviserSource, the deal was funded by additional growth capital provided by Fintech Fund II, LLLP.

Equity 113

Equity Southern California Acquisition Los Angeles 113

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

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

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced.

Equity 113

Equity Funding Technical Review San Diego 113

socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced.

Equity 113

Equity Acquisition Networking Capital 113

socalTECH

AUGUST 23, 2021

Los Angeles-based private equity investor OpenGate Capital said that one of its portfolio companies, Kongsberg Precision Cutting Systems, has acquired another company, MultiCam, from private equity investor Rosewood Private Investments. Financial terms of the acquisition were not announced.

Acquisition 113

Acquisition Capital Equity Los Angeles 113

socalTECH

MAY 3, 2021

Yahoo--one of the Internet's first companies--is back as a standalone company, after the private equity acquisition of Verizon Media by private equity firm Apollo Funds. According to Verizon and Apollo Global Management, Apollo will pay $5 billion for Verizon Media, which will be renamed Yahoo as a result of the deal.

Yahoo 113

Yahoo Acquisition Media Equity 113

socalTECH

JUNE 24, 2010

Los Angeles-based CapLinked , an online startup developing software to help link entrepreneurs with their investors, has raised $350,000 in an equity investment round, according to a regulatory filing by the firm today. The firm's CEO and co-founder is Eric M. Jackson also started World Ahead Media, which was acquired by WorldNetDaily.

Venture Capital 243

Venture Capital Entrepreneur Equity Invest 243

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

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.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

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

AUGUST 31, 2011

Valencia-based Capital Exchange , an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group , Revolution Capital said today. Financial terms of the acquisition were not disclosed.

Capital 159

Capital Equity Sites Acquisition 159

socalTECH

JANUARY 31, 2014

Los Angeles-based private equity investor The Gores Group has acquired a maker of high performance lasers for the medical, dental, and aesthetic medicine market, the company said Thursday. based in Ljubljana, Slovenia, via its Small Capitalization Partners investment fund. Financial terms of the acquisition were not announced.

Equity 147

Equity Acquisition Los Angeles Invest 147

socalTECH

MARCH 14, 2012

Exact financial deals of the acquisition were not announced, however, LifeLock said it has raised over $100M in new, preferred equity in order to complete the acquisition. ID Analytics had raised around $35.15M in funding. READ MORE>>.

Mission Ventures 174

Mission Ventures San Diego Acquisition Equity 174

socalTECH

JUNE 21, 2012

When is a funding also an exit? When part of that funding is used to pay off early investors. The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blottnitz, and undoubtedly co-founders John MacFarlane, Craig Shelburne, Tom Cullen.

Santa Barbara 140

Santa Barbara Funding Redpoint Equity 140

socalTECH

NOVEMBER 2, 2010

in equity, according to a regulatory filing by the firm this week. According to the filing, the new equity came on October 27th. Specific Media is headed by Tim Vanderhook, and has previously raised funding from Enterprise Partners, Francisco Partners, and Shepherd Ventures. READ MORE>>.

Enterprise Partners 140

Enterprise Partners Advertising Equity Media 140

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

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. billion private equity firm run by Roger McNamee, U2's Bono, and others. Elevation Partners is the $1.9

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

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.

Mobile 113

Mobile Funding Equity Acquisition 113

socalTECH

APRIL 15, 2011

In a filing, the firm said it issued $64M in equity as part of a merger, acquisition or exchange offer. The firm has not announced the details of the transactions, and it's unclear if that $64M in equity is new funding or existing capital in the company, or any details of what that merger or acquisition is about.

Equity 145

Equity Acquisition Capital Funding 145

socalTECH

SEPTEMBER 7, 2011

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the funding was structured as a one-for-one conversion from preferred stock to common stock.

Truecar 190

Truecar GRP Partners Santa Monica Pricing 190

socalTECH

DECEMBER 19, 2012

Irvine-based Allergan said today that it has completed its $350M acquisition of Carlsbad-based SkinMedica , the developer of aesthetic skin care products. The acquisition had been announced on November 12th. As part of the acquisition, SkinMedica said it has spun out its Colorescience aesthetic make-up business as a new company.

Acquisition 153

Acquisition Venture Capital Equity Capital 153

socalTECH

OCTOBER 12, 2010

In addition, Demand Media revealed it had executed a 1-for-2 reverse stock split of its common stock ahead of its planned IPO, and also that it plans to use $50 to $75M of any funding raised in an IPO to make "investments in content." Tags: acquisition merger nyse media demand. and Generation Partners, among others. READ MORE>>.

Demand 196

Demand Media Content Equity 196

socalTECH

MARCH 6, 2013

The new features are an outgrowth of the evolution of CapLinked from providing its services to startups and venture capital firm, to large clients like Thomson Reuters, Sun Capital Partners, AI Verified, NextView Ventures, and Equity partners CRB. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

NOVEMBER 27, 2012

Los Angeles-based private equity firm The Gores Group said yesterday that it has acquired DMN Ltd. , The acquisition came via Gores' Small Capitalization Partners fund. a mobile communications network engineering support and staffing provider, based in Swindon, UK. Financial terms of the buy were not announced.

Equity 153

Equity Mobile Acquisition Los Angeles 153

socalTECH

JUNE 28, 2011

The firm said it raised the debt and equity with Mill Road Capital. The firm said the new funding will go towards one or more future acquisitions by the company. NTS said it is in discussion with "several" potential acquisition candidates. The firm said it was advised by B. Riley & Co. in the financing.

Technical Advisors 150

Technical Advisors Calabasas Acquisition Equity 150

socalTECH

JULY 23, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners announced Tuesday that it has acquired FASTSIGNS International , a franchisor in the custom sign and graphics industry. Levine Leichtman said the acquisition came in a partnership with the management of the company, which has nearly 550 franchise locations.

Equity 138

Equity Acquisition Los Angeles Capital 138

socalTECH

JANUARY 20, 2010

HealthWorks , an operator of occupational health care centers, said today that it has raised $175M in a combination of debt and equity. The firm said the funding will go towards its growth and acquisition strategy. Tags: healthworks venture capital funding lifescience occupational health care.

Venture Capital 140

Venture Capital Equity Acquisition Capital 140

socalTECH

JANUARY 6, 2014

YP said the acquisition is its first since its spinout and funding by private equity firm Cerberus Capital Management. sense networks yellow pages merger acquisition cerberus' Sense Networks was venture backed by Intel Capital, Javelin Venture Partners and others. READ MORE>>.

Networking 153

Networking Glendale Advertising Acquisition 153

TechCrunch LA

MAY 25, 2019

Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone. Bev , a canned wine business that recently raised $7 million in seed funding from Founders Fund, thinks marketing in the alcohol industry is the problem. pic.twitter.com/DMEg88t4iO.

Startup 223

Startup Venture Capital Newsletter Tips 223

socalTECH

NOVEMBER 17, 2011

San Diego-based DriveCam , a provider of video-based products used for monitoring driver safety, announced today that it has raised $85M in a funding from a private equity firm, and also acquired a company, RAIR Technologies. The funding came from Welsh, Carson, Anderson & Stowe XI, L.P. READ MORE>>.

Carson 140

Carson San Diego Acquisition Equity 140

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

MAY 7, 2014

Convertro had only raised around $10M in funding, from such investors as Bessemer Venture Partners and DAG Ventures. Founder and CEO Zwelling has a number of other successes already under his belt, including founding EchoSign (which he sold to Adobe) and YLighting (sold to a private equity firm). READ MORE>>.

Advertising 182

Advertising Equity Acquisition Los Angeles 182

socalTECH

NOVEMBER 28, 2017

Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners. According to the companies, the funding will go towards funding acquisitions, as well as for organic growth.

Equity 153

Equity Web Los Angeles Organization 153

socalTECH

JULY 29, 2014

PaxVax , a biopharmaceuticals company developing vaccines for infectious disease, has raised $62M in a funding round. The funding included $50M in secured debt from Pharmakon Advisors, and $12M in a Series B extension round. According to PaxVax, the new equity funding brings its total to $80M in equity raised by the company.

San Diego 147

San Diego Equity Venture Capital Research 147