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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.
Cornerstone OnDemand, a personnel management software developer, announced on Wednesday that private equity firm SilverLake Partners and Microsoft Corp.’s s LinkedIn plan to invest $300 million in the company.
Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor SilverLake, according to the company. Cornerstone OnDemand is a developer of human capital and talent management software. READ MORE>>.
It looks things are definitely growing at financial software firm Blackline Systems , as the firm clarified that it actually did just over $25M in revenues in 2012, and is on track to have $40M plus in revenues for 2013. blackline systems accounting software expansion merger acquisition silverlake' READ MORE>>.
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 SilverLake. The company was acquired in 2015 by SilverLake.
Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from SilverLake Sumeru. BlackLine said it took the No.
Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine Systems develops software used for handling the financial close for companies. The company is backed by private equity firm SilverLake. READ MORE>>.
San Diego-based tag management software developer Tealium announced this morning that it has raised an additional $20M in funding, from private equity investor SilverLake Waterman. Tealium''s software is used to manage "tags" on a company''s e-commerce websites. tealium management software enterprise ecommerce'
Now software startup Tealium, which has about 215 employees at its San Diego headquarters, announced Wednesday it has added $55 million in a Series F financing. SilverLake Waterman, a fund within the private equity giant that specializes in providing growth capital to later-stage tech companies, led the round.
Kareo is a developer of cloud-based medical office software, and is led by Dan Rodrigues. The company is venture backed by Montreux Equity Partners and SilverLake Waterman. Hamilton was most recently Executive Vice President and General Manager of TeleTrac. READ MORE>>.
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.
According to CreatorIQ, the new funding round came from existing investors TVC Capital, Kayne Partners Fund, the growth private equity group of Kayne Anderson Capital Advisors, Affinity Group, and Unilever Ventures, plus new investor SilverLake Waterman. CreatorIQ is led by founder and CEO Igor Vaks.
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.
Los Angeles-based financial automation software develper BlackLine continues to see its revenues grow, saying Thursday that its 2014, year-over-year revenues were up more than 50 percent. The company receive more than $200M in private equity funding from SilverLake Partners a few years ago. 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!
In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. The third area, are the private equity players.
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