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Electricitybilling.com Sets Up Shop In Santa Monica

socalTECH

Australian cloud billing software developer Electricitybilling.com says that it has set up a new office in Santa Monica, to provide West Coast coverage in the United States. CEO is Morgan Duncan, who will be based in Santa Monica. The company's U.S. READ MORE>>.

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Bonfire Ventures Eyes New, $165M Fund

socalTECH

Santa Monica-based venture capital firm Bonfire Ventures is looking to raise $165M in its third fund, according to a regulatory filing from the firm. As expected, due to legal restrictions, venture capital investor--led by Jim Andelman, Mark Mullen, and Brett Queener--has not detailed its fundraising efforts.

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Factual Launches Geo-Coded Business Dataset

socalTECH

Santa Monica-based Factual , the open data startup headed by Gil Elbaz, the inventor of Google's AdSense technology, said today that it has launched a new open set of data that the firm says provides geo-coded data for 14 million local U.S. businesses. READ MORE>>.

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MindSpark Taps Autistic Individuals For Software Testing Workforce

socalTECH

Santa Monica-based startup MindSpark announced on Tuesday that it is expanding its efforts to provide enterprise level, software testing, tapping into a workforce of employees who are specifically on the autism spectrum.

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Champion Technology Names Execs For Cybersecurity Startup

socalTECH

Santa Monica-based Champion Technology Company , a developer of cybersecurity software, has named Jess Richter as Chief Revenue Officer, and David Aucsmith and Michael Kluse both as as Senior Advisors. Champion Technology is developing cybersecurity automation and orchestration software. READ MORE>>.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. for Santa Monica electric vehicle firm Coda Automotive. Father north, in Santa Barbara, Sonos scored $25.0M

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Interview with Shivani Siroya, Tala

socalTECH

due to a less developed financial system, lack of credit tracking, and oftentimes and informal economy. Santa Monica-based Tala , backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets.

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