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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 SilverLake Sumeru. As part of the investment, SilverLake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.
Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor SilverLake, according to the company. Joe Osnoss of SilverLake joins Cornerstone's board with the funding, and SilverLake will also appoint another member of the board at a later date.
Shea Ventures , the venture capital arm of Orange County homebuilder Shea Homes , has boosted its solar installation partner SolarCity , as part of an $81M equity investment in SolarCity. According to SolarCity, the big funding round was led by The round was led by SilverLake Kraftwerk and Valor Equity Partners, and also included Nicholas J.
Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. The company recently raised $40M in funding from such investors as TVC Capital, Kayne Partners Fund, Affinity Group, Unilever Ventures and SilverLake Waterman.
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 SilverLake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 Seelaus & Co.,
.” Genies last earned a $1 billion valuation from heavy-hitting tech investors including SilverLake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April.
San Diego-based Tealium has raised $35M more in funding, the company said Wednesday, in what the company described as growth capital. Tealium is a developer of enterprise tag management software. The funding came from all of its existing investors. The latest round looks to have taken the total raised by the company to north of $100M.
Calabasas-based software developer Final Draft , which develops screenwriting software, has been acquired by Burbank-based Cast & Crew Entertainment Services. The acquisition was supported by private equity investor SilverLake Partners, which is the majority owner of Cast & Crew. READ MORE>>.
San Diego-based Tealium , which develops tag management software used data integration, has raised $55M more in a Series F funding round, according to the company. The funding was led by SilverLake Waterman, and also included ABN AMRO Digital Impact Fund, Declaration Partners, Parkwood and existing investors.
Camarillo-based Power-One , a developer of power supplies and related products, said late Thursady that the firm has agreed to a $60M investment from investment firm SilverLake Sumeru. The firm said it will use the funding to restructure its debt, plus for working capital and strategic initiatives.
Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M The funding was led by Montreux Equity Partners, and also included SilverLake Partners and the company's existing investors. in a new funding round. READ MORE>>.
Santa Monica-based Cornerstone OnDemand , which develops cloud-based learning and human capital management software for the enterprise, said late Tuesday that it has nominated a trio of new members to its board of directors. Steele was most recently CEO of Jive Software, and also had served at Microsoft, Skype, and Yahoo!;
Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 Morgan, along with Pacific Crest Securities, a division of KeyBanc Capital Markets, Raymond James, William Blair and Baird.
Internally, we look very similar to a tech company, in that we have a development team, go-to-market team, and product people, and the ultimate goal of what we want to accomplish is to create companies that can run independently, with their own management teams. Explain exactly how Zuma Ventures works?
The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities.
In 2018, my Exome colleagues and I published hundreds of stories about health, medicine, the biopharma industry, government policy, and more. You’ll find a few of our favorite stories in this review of some of the year’s best from across the Xconomy network.
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