Growth

Company News

Read the latest press releases and company news.

June 21, 2022 

Rivet Raises $20.5 Million Series B Led by Catalyst Investors with participation from co-investor Ankona Capital 

Founded in 2018, Rivet's revenue cycle operating platform is used by healthcare providers across the country to collect what they are owed from payers and bring greater price transparency to patients.

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December 15, 2021 

Exclusive: Legal CRM Company Lawmatics Raises $10M, Aiming to Change How Lawyers Drive Business
Lawmatics, a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today.

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December 8, 2021

Canopy's Accounting Practice Revolution Receives $35M Injection

Canopy, the leading cloud-based practice management platform for accounting professionals, today announced its $35M Series BB, led by Ten Coves Capital along with significant investments from current investors NewView Capital, Pelion Partners, Tenaya Capital, and Ankona Capital.

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October 21, 2021

VideoAmp Raises $275 Million as It Aims to Accelerate Growth

Media measurement company VideoAmp Inc. has raised $275 million in a series F round of funding as it pursues its efforts to take a slice of the media measurement business dominated by Nielsen, the company said. The round, led by Spruce House Partnership, values VideoAmp at $1.4 billion, the company said. That is a significant increase since 2019 when it reached a $200 million valuation after raising $50 million from Raine Group LLC, according to a person familiar with the matter. Investors in the latest round, which also include D1 Capital Partners LP, Tiger Global Management LLC, EPIQ Capital Group and Ankona Capital Partners, now collectively own about 17% of the company.

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September 21, 2021 

Propel Announces $20 Million Series C to Help Manufacturers Deliver Long Term Customer Engagement

Propel, the modern way to take products from concept to customer, today announced it has raised $20 million in Series C financing. The investment is led by Salesforce Ventures, with participation from existing investors Norwest Venture Partners, Cloud Apps Capital Partners, Green D Ventures and TIFF. The existing investors are joined by new investor Ankona Capital, a venture capital firm with experience in both supply chain and scaling enterprise B2B SaaS solutions. The company has raised a total of $48 million in funding to date.

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June 25, 2021 

Newport Beach Venture Firm Ankona Capital Raises $66M for Its First Fund

Newth Morris, who co-founded the location software service Telogis, remembers looking for mentorship as a young entrepreneur in Southern California two decades ago. "There wasn't really anyone local that we could count on," said Morris, co-founder of Ankona Capital.

Telogis was later acquired by Verizon in 2016, but the experience stuck with him — it's why he and his partners' primary goal at their Newport Beach venture firm is to further aid startups in the region. The two-year old growth-stage venture firm just closed its first fund at over $66 million. Ankona Capital was started by Josh Harmsen, Jared Smith, Brain Mesic and Morris, and focuses on business to business software companies.

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June 22, 2021

New Southern California Growth Stage Venture Firm Ankona Capital Raises $66M for its First Fund

 Ankona Capital (“Ankona”), a new southern California-based growth-stage venture firm, officially closed its first fund at over $66 million. The fund was oversubscribed by $16 million from its $50 million target. Over half the fund was raised from experienced technology company founders and executives.

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February 13, 2021 

VC Fund Seeks Software Cos. Ready to Scale

An upstart venture capital firm headed by notable Orange County tech entrepreneurs and backed by other wealthy area investors is looking for a few good software companies ready to scale. Newport Beach-based Ankona Capital recently raised $67 million, topping its $50 million goal. The early growth VC has already invested a portion of those funds in a half a dozen software companies.

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January 21, 2021

SOCi Cements Position as Localized Marketing Leader with $80M Series D Investment

SOCi, the leading all-in-one marketing platform built for multi-location marketers, today announced it has closed a Series D investment round of $80 million, led by JMI Equity (“JMI”), a growth equity firm focused on investing in leading enterprise software companies. Additional participants included existing investor, Ankona Capital, along with personal investments from SOCi’s CEO and co-founder Afif Khoury and Seismic co-founder and CEO (and SOCi board member) Doug Winter.

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Aug. 10, 2020 

GoSite Closes $16M Series A Investment Round, Adds Key Hires To Fuel Growth

GoSite is excited to announce that we've closed our $16 million Series A fundraising round. This capital investment comes from a diverse group of investors and entrepreneurs who believe GoSite holds a unique position to provide small businesses with the technology needed to manage their business online. The $16 million Series A round was led by San Diego's Longley Capital, and included substantial participation from Stage 2 Capital, Ankona Capital, Serra Ventures and SaaS Ventures, as well as a strong network of current and former technology entrepreneurs. 

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October 17, 2017

Ankona Capital Joins New Pack Of LA Venture Investors

A new, venture capital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at Anthem Venture Partners--apparently are aiming at early growth capital investment in software companies. The new firm joins an increasingly long list of new venture capital investment funds in the region, which have almost rivaled the number of startups across Southern California.

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