This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This is true in consumer but it’s also true in enterprise software. The abundance of late-stage capital is good for us all. It’s amazing to me that a company that just a little over 5 years ago was struggling to attract capital at much more than $100 million valuation can now ACQUIRE companies for this amount.
They spoke with salon owners in Beverly Hills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. Investors including Index Ventures, Toba Capital, VMG Partners, Bonfire Ventures, Ludlow Ventures and BoxGroup agreed. million in funding.
a human resources management software company, has entered into an agreement to be acquired by Clearlake Capital Group in a transaction worth $5.2 Santa Monica-based Cornerstone OnDemand Inc.,
Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. Ankona says its portfolio companies already include several companies, including Canopy, Cordial, GoSite, SOCi, VideoAmp, and Zingle.
The company said the funding came from InReach Ventures and Taggia Investments, the personal investment vehicle of former Balderton Capital founder Barry Maloney. The company said its software moves technical data preparation tasks usually performed by IT to non-technical business users.
Los Angeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. Embark's website says it is focused on pre-seed and seed stage investments in Internet and software companies. READ MORE>>.
The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.
The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and BoldStart values the company at over $100 million.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
Fundamentally venture capital is about human capital. Importantly, we recently announced a $30 million financing that gives us the resources we need to build a global enterprise software company. Marketing departments, software partners and investors have now woken up to this opportunity. Nothing fancier.
Santa Monica-based GumGum , which develops artificial intelligence software for the advertising and media market, has raised $22M more in a funding round, the company said on Thursday. According to the firm, the new $22M funding came from Morgan Stanley Expansion Capital, NewView Capital, and Upfront Ventures.
received an additional $15 million in funding from Five Elms Capital following a $8.5 Tagger Media Inc. million Series A investment by the firm earlier this year.
Santa Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures.
Los Angeles-based Parabol , a startup developing software management tools, used to manage the efforts of development teams, has raised $4M in a funding round, the company said this morning. The company's software helps development teams manage their processes, and is focused on Agile development processes.
Santa Monica-based private equity investor Clearlke Capital Group says it has made a strategic, equity investment in RSA Security, which develops encryption, cybersecurity, risk and compliance, and other related software. Financial details of the investment were not announced.
Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.
Bevy is Emerging as a Leader in Software for Building Virtual Communities?—?with with $15 million to Prove It The venture capital world has started firing up a few cylinders again and looking for businesses that it believes will help us all succeed in ways that resonate with new ways of working as we begin to return to work.
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. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.
Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50
Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Adlib's software is used to automate the discovery, classification, extraction, and structure of data from unstructured documents.
Los Angeles-based Sugar, which develops software to help manage apartment and residential living, has raised $2.5M The company develops software for residential communities, handling rent payment and other tasks. in a seed funding round, according to the company. The company is led by foudner and CEO Fatima Dicko.
The summit is now associated with March Capital Partners (www.marchcp.com). What's your role at March Capital? Meredith Finn: I joined March Capital at the beginning of the year. For myself, I'm largely focused on investments in enterprise software, primarily in the areas of application software and intelligence.
Los Angeles-based Skyryse, a startup which is developing software to automate piloting of aircraft, has raised $200M in a Series B funding round, according to the company. The company is working with Robinson Helicopters, along with four other aviation manufacturers, to developing pilot automation software for aircraft.
Put simply Chuck is amongst the smartest and most knowledgeable leaders in the CRM industry and in the components I consider the future of enterprise software — voice driving input/output, chat-based computing and mobile-first design. If you’re a consumer software company your buyer is your user. Why Invest? The reason is simple.
Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.
Los Angeles- and Nashville-based Clovers, a developer of interviewing and recruiting software, has raised $15M in a funding round, the company said this week. According to Clovers, the funding was led by Greycroft and Alpha Edison, and also included Crosslink Capital, Acadian Ventures, Fika Ventures and Act One Ventures.
Los Angeles-based Greenfly, a developer of marketing software for brand ambassadors, athletes, and sponsors, said on Tuesday that it has raised $8.4M in a strategic growth round.
Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP.
We believe this consistency in leadership and intuition for where the markets were going in the heady days of 2019–2021 helped us to stay sane in a world that momentarily seemed to have lost its mind and since we have new capital to deploy in the years ahead perhaps I can offer some insights into where we think value will be derived.
Los Angeles-based Meta Data Software, a company which develops software for managing media and entertainment catalogs and metadata, has been acquired by Rob Delf, the former founder of Rightsline. According to the company, the deal was backed by growth capital from private equity founder Salem Partners.
Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.
The new seed funding was led by Bouyant Ventures, and also included Better Ventures,XYZ Venture Capital, Chingona Ventures, and Starting Line Ventures. The company said it offers up access to secondhand products through its own browser extension software. Beni is led by CEO Sarah Pinner, and was co-founded by CTO Celine Mol.
Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The first investment made by the fund is Chalice, a developer of algorithmic ad optimization software.
He comes from a background in venture capital from inside and outside the Valley, as well as entrepreneurship work with startup efforts around the world. I second his list of top innovation challenges and strategies to capitalize on untapped global startup opportunities: Create new markets rather than disrupt existing ones.
San Diego-based Drata, a startup working on security and compliance automation software, said it has raised $25M in its Series A funding. The funding was led by GGV Capital, and also included Okta Ventures, Silicon Valley CISO Investors (SVCI), Cowboy Ventures, and Leaders Fund.
GrubMarket , which provides software and services that help link up and manage relationships between food suppliers and their customers — which can include wholesalers and other distributors, markets and supermarkets, delivery startups, restaurants, and consumers — has picked up $120 million in a Series E round of funding.
According to the company, it offers up its software to cities and counties to help those counties and cities identify unpaid property taxes from real estate improvements done without plans and permits. The company said that the lead investor that participated in its first two rounds of seed funding was Loeb Enterprise.
I had dinner this week with a top new customer at one of our enterprise software investments. I wish I did more enterprise software investing because when I attend meetings like this I realize that this is my core DNA – rolling out business software solutions to customers. You can’t. Many people advise against this.
Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund. We started March Capital in late 2013.
Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. The investment also brings its total capital raised since its 2008 inception to $386 million. Rowe Price Associates Inc. and OMERS Growth Equity.
Los Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The funding was split between a $12.25M, Series A funding round led by Menlo Ventures, and an earlier $5M Series Seed funding which was led by Upfront Ventures.
Los Angeles-based Jurny, a developer of software used by independent hotels and vacation and short-term rental property operators for property and guest management, has raised $9.5M The funding was led by Mucker Capital. in a funding round.
Existing investors like SeventySix Capital, The Strand Partners, Stadia Ventures, Hersh Interactive Group, and Transcend Fund, as well as early Zoom employees Richard Gatchalian and Aaron Lewis, also participated. . “The third piece is a developer ecosystem,” Evans said.
The company said it is building software "to expand creativity and redefine virtual production and immersive entertainment". DGene, a content creation company which has a team in Los Angeles, but is based in San Jose, says it has raised $20M in a Series A funding. The funding was led by Alibaba Group.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content