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Quid Connects With $320M For Private Liquidity Fund

socalTECH

Santa Monica-based Quid , which offers up a way for private company employees to gain liquidity even before their startups are purchased or have an initial public offering, said on Monday that it has raised $320M in a second fund. Quid's service is an alternative to secondary market sales.

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TrueCar Prices IPO

socalTECH

The pricing was below the company''s earlier, estimated IPO range of $12.00 The company raised around $71.1M TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others. READ MORE>>.

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Surf Air Expands To Santa Barbara

socalTECH

SurfAir said it will connect Santa Barbara with nonstop service to Silicon Valley, with the first flight leaving this morning at 8:15 a.m. The new flights make Santa Barbara as close to San Francisco as it is to Los Angeles, and could help bolster the area''s high tech companies. READ MORE>>.

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Surf Air Acquires Rise, Backed By New Funding

socalTECH

Financial terms of the acquisition were not announced by the companies. Surf Air said it would work over the next 90 days to transition the RISE brand and experience into Surf Air, and that it eventually plans to merge the two networks, although it did not give firm dates on that merged service. READ MORE>>.

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Scopely: Out With The Bacon, In With The Cash

socalTECH

Scopely , the Los Angeles developer of game monetization services, told its supporters today that it will pay $5,000 in cash to anyone who refers job candidates that result in a hire for the company. The firm had a number of positions listed on its recruiting site, ranging from mobile (Android, iOS) engineers to a product manager.

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Don’t go on a phishing trip!

Berkonomics

Dave’s note: Our guest author this week is Kevin McDonald, Executive Vice President and Chief Information Security Officer at Alvaka Networks, a network services and security firm in Irvine, California. Anthem Blue Cross for example could be a phishing loser. Use email clients or services with pre-delivery scanning.

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Cocodot Rolls Out Printed Cards

socalTECH

According to Cocodot, it has started offering printed version of the company's invitation cards, starting at $37.25 Cocodot is venture backed by Anthem Ventures, the Mailroom Fund, and Rincon Venture Partners. for a 25-card minimum. The new cards include free, online versions of those same cards. READ MORE>>.

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