Tuesday, April 30, 2019
| Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS & Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more. Attend the pre-conference workshop on April 30, 1-5pm followed by Happy Hour. Real tactics and actionable takeaways. Interested in Sponsorship or exhibiting? Contact: Nancy Hammerman nh@suttoncapitalpartners.com Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info: bit.ly/2TXSCqc https://www.recurringrevenueconference.com/ |
Specright Picks Up $8.8M For Specifications Software
Irvine-based Specright, a developer of specification data management software, has raised $8.8M in a Series A funding, according to the company. The startup said the funding was led by Pritzker Group Venture Capital (PGVC), and also included Okapi Venture Capital, Fika Ventures, and Mucker Capital. Gabe Greenbaum of Pritzker Group Venture Capital will join the company's board alongside the funding. Specright's software is used to develop supply chain specifications for packaging, products, and (More info...)
posted on Tuesday, April 30, 2019(Full story)
NEXT Hires Trio Of New Execs, As It Eyes Major Expansion
Lynwood, California-based NEXT, the developer of trucking and shipping logistics technology led by CEO Lidia Yan, has hired a trio of new executives--and says it is planning to add over 200 employees this year in a major expansion. The company, which helps match truckers with freight loads, said it has named Jim Patterson as Chief Product Officer, Bobby Napiltonia as Chief Revenue Officer, and Lyndal Larkin as Head of People. Patterson was most recently Chief Product Officer at Earnest Inc, an (More info...)
posted on Tuesday, April 30, 2019(Full story)
Faraday Future Gets $225M In Bridge Loan
Los Angeles-based electric vehicle developer Faraday Future (FF) says it has received a new, $225M Senior Bridge Financing, from Birch Lake Fund Management, LP, ahead of a $1.25 billion equity capital raise it is running with Stifel Nicolaus & Co. According to the EV developer, the new funding will go towards supporting the completion and launch of its flagship vehicle, the FF 91 EV, as well as for development and launch of its mass market FF 81 vehicle in 2021, along with "support" of its vendo (More info...)
posted on Tuesday, April 30, 2019(Full story)
Vividion Therapeutics Raises $82M More
San Diego-based Vividion Therapeutics, a biopharmaceuticals startup working on small molecule drugs, hsa raised $82M in a Series B funding round, the company said this morning. The funding--which the company said was oversubscribed--was led by Nextech Invest, and also included BVF Partners, Casdin Capital, Mubadala Ventures, Trinitas Capital, Mirae Asset Capital, Altitude Life Science Ventures, and Alexandria Venture Investment, plus existing investors ARCH Venture Partners, Versant Ventures, Ca (More info...)
posted on Tuesday, April 30, 2019(Full story)
Quality Built Lands Investment Round From LA's Gallant Capital Partners
San Diego-based Quality Built, a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. Size of the investment was not announced. According to the companies, Quality Built uses its own software platform and a proprietary database to mitigate risk, limit construction defect claims and allow builders to analyze and track the progress of individual projects (More info...)
posted on Tuesday, April 30, 2019(Full story)
Mapp Acquires Webtrekk
San Diego-based digital marketing software provider Mapp announced this morning that it is acquiring German software developer Webtrekk, a developer of marketing analytics and customer intelligence software. Financial details of the acquisition were not announced. Webtreek is based in Berlin. According to Mapp, the addition of Webtrekk's expertise in analytics, customer intelligence, dashboards, machine learning, and AI will help complement its existing offerings. Webtrekk's customers include F (More info...)
posted on Tuesday, April 30, 2019(Full story)
ISSQUARED Buys Network Computing Architects
Los Angeles-base information technology services provider ISSQUARED, which provides security, hybrid cloud infrastructure, networking, and software services, said this morning it has acquired Network Computing Architects (NCA), a provider of IT services to the small and mid-sized business market. Financial details of the buy were not announced. ISSQUARED said the buy will help it extend its coverage with local offices in Washington, Oregon, Texas and California. Newtork Computing Architects was (More info...)
posted on Tuesday, April 30, 2019(Full story)
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