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Shoreline Biosciences Finds $140M

socalTECH

San Diego-based Shoreline Biosciences, a developer of cell immunotherapies for treating solid tumors and hematologic malignancies, has raised $140M in a financing round, the company said today. The company said that Frank Yu, Founder, CEO and CIO of Ally Bridge Group, joined the company's board of directors as part of the funding.

CIO 113
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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. The new valuation represents a 47.3%

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Cedars-Sinai Backs Censinet In $7.8M For Risk Management

socalTECH

Los Angeles-based Cedars Sinai is one of the major backers of a new startup, Censinet , in the company's Series A funding. The funding also included seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures. According to Censinet, it raised $7.8M Censinet is led by founder and CEO Ed Gaudet.

CIO 133
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IntraStage Raises Angel Funding

socalTECH

San Diego-based IntraStage , a developer of quality management software for companies who design and manufacture electronic products, including statistical process control (SPC) and other testing and data analytics tools, has raised a round of angel funding. Other investors were not disclosed. READ MORE>>.

Angel 140
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ZestFinance Gets $150M In Debt Financing

socalTECH

ZestFiance said the funding goes towards the company's Bastix loan service, which is aimed at providing loans to people who normally would not be able to qualify for loans from traditional banks. READ MORE>>.

CIO 100
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Fliptu Gets $1.2M For Social Aggregation Tools

socalTECH

in a seed funding round, the company said Friday. The startup--led by Jeremy Gocke--said the funding came from Scout Ventures, Rick Dalzell (former Amazon CIO), Rich Heise (early Groupon investor), Hivers & Strivers, Kelly Perdew, and other angels. READ MORE>>.

Tool 100
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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

socalTECH

Nirvanix apparently told some of its biggest partners and customers Monday about the shutdown, although the company has yet to release any public notice of the shutdown plans. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.

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