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Startup Software Developers

SoCal CTO

Just saw a great post by Mark Geller - Developers wanted… in Los Angeles, U.S.A. Mark tells us: there is a lot of demand for developers right here in L.A. reduced salary, partial equity, good experience, etc. reduced salary, partial equity, good experience, etc. I’ll give you equity in the company.” They haven’t.

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Working with Developers

SoCal CTO

There was a lot of passion in the room last week when I presented Working with Developers at the Stubbs Precellerator. I guess it should not be a surprise that Founders have lots of challenges working with developers. But my developers want to go into way too much detail. In fact, they often don’t really understand the business.

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Levine Leichtman Acquires Legal Software Developer Iridium Technology

socalTECH

Los Angeles-based private equity investor Levine Leichtman announced this morning that one of its portfolio companies, BigHand Ltd, has acquired legal software developer Iridium Technology from private equity investor Polaris Growth Fund. Financial details of the deal were not announced.

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JMI Equity Backs AtTask

socalTECH

San Diego-based private equity investor JMI Equity is the lead in a $38M funding for project management software developer AtTask. According to AtTask, it raised $38M in the Series D growth funding for its project management software, and will add JMI Equity''s Peter Arrowsmith to its board. READ MORE>>.

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Clearlake Capital Buys Operations Management Software Developer

socalTECH

Santa Monica-based private equity investor Clearlake Capital has acquired a Cary, North Carolina-based developer of operations management software, Dude Solutions. According to Clearlake Capital, it acquired Dude Solutions from its prior, private equity investor, Warburg Pincus. READ MORE>>.

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Websense Acquired By Vista Equity Partners For $1 Billion

socalTECH

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said Vista Equity Partners will pay $24.75 websense merger acquisition security software vista equity partners private'

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CTO Equity - Negotiation After Funding

SoCal CTO

During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

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