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CREXi Collects $11M For Commercial Real Estate Technology

socalTECH

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.

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LeaseLock Lands $52M In Series B

socalTECH

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning.

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Amazon Alexa Fund Backs USC Viterbi Startup Garage

socalTECH

According to the USC Viterbi Startup Garage, its new Fall 2019 cohor will now host startups focused on voice technology, as part of a joint effort between Amazon's Alexa Fund and the University of Southern California's Technology, Innovation and Entrepreneurship program at the USC Viterbi School of Engineering. READ MORE>>.

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Tribogenics Gets $6.2M

socalTECH

Marina Del Rey-based Tribogenics , the developer of X-ray technology being aimed at enabling handheld, ultra-miniature portable x-rays, has raised $6.2M Tribogenics' technology based on research out of UCLA--enables the generation of X-rays without need for high voltage power sources. READ MORE>>.

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AuctionPoint Gets Investment From LoopNet

socalTECH

Marina Del Rey-based AuctionPoint , which operates an online service for helping property brokers auction off commercial real estate, has received a strategic investment from LoopNet , LoopNet said today. Tang was formerly Chairman and CEO of technology consulting firm Guidance; Yang was a real estate developer.

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. —Venture firms invested $8.5

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Frank Addantes FounderBlog: Startup 3.0: Internet advertising is good. No, it’s bad. Oh wait… it IS good!

Frank Addante

► August (3) Venture Capital - What's the rush? the Rubicon Project (Internet Advertising Technology) Status: Pre-Launch Visit the Rubicon Project Website Startup 5.0: StrongMail Systems (Digital Messsaging Infrastructure Software) Status: VC-backed (Sequoia Capital, Globespan and Evercore) Lesson: Trust your gut.