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Piestro Pilots Pizza Robot In Vegas

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El Segundo-based Piestro, which is developing automated, pizza making robots, said today that it is rolling out a pilot of its "Piestro Pod" piza robot at Capriotti's Sandwich Shop. The startup said that Capriotti's will run a pilot of its technology at its flagship Las Vegas location, and that Capriotti's intends to purchase up to 100 of the machines within five years, after the pilot. Piestro is backed by Wavemaker Partners, and is led by CEO Massimo Noja de Marco.

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GITAI Plans Space Robotics Test On ISS In 2023

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Torrance-based space robotics startup GITAI says that its robotics technology will be test on the International Space Station (ISS), on an upcoming mission to the space station in 2023. According to the company, it expects its extra-vehicular autonomous robot to be deployed externally on the Bishop Airlock. The company says its robotic arm is aimed at in-space servicing, assembly, and manufacturing in the vacuum of space. gitai space robotics robot international sation aerospace

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EV Connect Acquired By Schneider Electric

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El Segundo-based EV Connect, which builds and installs electric vehicle charging stations, has been acquired by Schneider Electric, the companies said today. Financial details of the acquisition were not announced. According to the companies, EV Connect CEO and foudner Jordan Ramer will continue to lead EV Connect's operations. EV Connect's customers inlude GM, Avista Utilities, Love's Travel Stops, Verizon, Marriott, Hilton, Western Digital, ADP, New York Power Authority, and others.

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L'Attitude Ventures Raises $100M Fund

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San Diego-based L'Attitude Ventures announced this week that it has raised $100M in funding from JPMorgan Chase and other limited partners, to "solely invest in Latina(o)-owned" seed to Series A companies. The fund is the firm's very first institutional fund. The Managing Partners and co-founders of the fund are Sol Trujillo (former CEO of Telstra, Orange SA, and US West), Gary Acosta (CEO of the National Association of Hispanic Real Estate Professionals); and Kennie Blanco (BlackRock).

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

The Roddenberry Foundation Launches $1.5 Million Prize

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Los Angeles-based The Roddenberry Foundation--the charitable foundation which honors Star Trek creator Gene Roddenberry--said this week that it is launching a $1.5 million prize, which will support early science and technology ventures.

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Momentum IoT Launches Product To Track Tool Usage -

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Long Beach-based Momentum IoT launched a new product on Friday, which it says can be used to track the usage of tools on job sites. According to the company, its Internet-of-Things product is like "Fitbit for Tools". The company said its Toolie tracking product lets customers track everything from a ladder to a chainsaw or welder, and connects with its fleet GPS tracker via Bluetooth.

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Metropolis Technologies Raises $167M For AI Driven Parking Systems

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Los Angeles-based Metropolis Technologies, a startup that develops computer vision and machine learning driven systems for allowing people to drive in and out of parking facilities, without having to swipe a credit card or phone, has raised $167M in a Series B funding roudn. The funding was led by 3L Capital and Assembly Ventures, and also included Dragoneer Investment Group, Eldridge, Silver Lake Waterman, and UP Partners, along with others.

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Based Takes $3.5M For NFT Effort

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Based, which says it is developing a "communications platform built around NFTs", said from Los Angeles today that it raised $3.5M in a pre-seed funding. The company said the funding wass led by Progression Fund, and also included Hannah Grey, Collab+Currency, Palm Tree Crew, Franklin Templeton, GFR, and crypto-focused angels and influencers. The company said it enables users to "easily surface NFT content from their friends and communities". based venture capital crypto

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The Bounty App Picks Up $5M

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A new, Los Angeles-based startup, Bounty, developing tools to help creators earn money on TikTok, says it has raised $5M in its seed funding round. The funding was led by M13, and also included Sugar Capital and Interlace Ventures, along with angels. According to the company, it has now raised $6.777M in total. The company said the new funds will go towards meeting demand and product development, as well as hiring plans for its engineering, design, and marketing departments.

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Venture MLS Invests In SavvyCard

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Chino Hills-based Venture MLS, a real estate focused venture capital firm which was founded by a multiple listing service (MLS), said it has made an investment in SavvyCard, which provides software for real estate marketing, lead generation, and targeted advertising. Financial details of the investment were not announced.

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Amgen Buys Chemocentryx For $4 Billion In Cash

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Thousand Oaks-based biotech giant Amgen says it is acquiring ChemoCentryx, a publicly traded biopharmaceuticals company which is focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer. The company said it will pay $52 per share in cash for ChemoCentryx, with an enterprise value of approximately $3.7 billion. Amgen was advised by PJT Partners, with legal advice from Wachtell, Lipton, Rosen & Katz.

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TuSimple Co-Founder Launches New, Self Driving Hydrogen Truck Startup

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One of the co-founders of self driving truck company TuSimple, Mo Chen, said today that he has launched a new company, Hydron, which will develop, manufacture, and sell hydrogen-powered, self-driving (Level 4) trucks. Hydron did not say how it is being funded. The company said it intends to both develop the trucks, as well as operate its own hydrogen refueling infrastructure for large fleets and leading carriers in the future. Hydron is based in Los Angeles.

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Ainnocence Applies AI To Drug Discovery

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A new, San Diego-based biotech startup, Ainnocence launched today, saying that it is focused on using life-sciences knowledge and advanced computational techniques to accelerate the design of small-molecule, antibody, and other complex therapeutic modalities. The company is led by CEO Lurong Pan.

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Revnue Launches Contract Authoring Software

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Los Angeles-based Revnue Corp. said today that it has launched a new feature for contract authoring and negotiation. According to the company, its new "Pre-Signature" feature helps its customers author contracts, and move towards "efficient and standardized contract templates and frameworks", according to the company. The startup says it uses AI software for it digital contract management software, and that it was founded by veterans from Microsoft, Warner Bros., and VMware.

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Romeo Power Acquired By Nikola For $144M

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Los Angeles-based battery systems developer Romeo Power has been acquired by electric heavy truck maker Nikola, in a deal worth $144M, the two companies said on Monday. Nikola will pay 74 cent per share for Romeo Power. As part of the deal, Nikola is providing $35M in interim funding to Romeo Power so it can continue its operations until the acquisition closes. romeo power nikola motor cleantech merger acquisition battery auotmotive

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Slingshot Aerospace Acquires Two Companies

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Los Angeles- and Austin-based Slingshot Aerospace, which develops space simulation and tracking software, said this morning that it has acquired two companies the Space Division of Numerica and Seradata. Financial details of the buy were not announced.

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Mindbody Names New CEO

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San Luis Obispo-based wellness software developer Mindbody has named a new CEO, saying on Tuesday it has appointed Fritz Lanman to the position. Lanman replaces current CEO Josh McCarter, who has moved to Mindbody's Board of Directors. Lanman, currently serving as President of ClassPass and Mindbody Marketplace, was CEO of ClassPass pre-acquisition, according to the company. He was the lead investor in ClassPass, in both its seed and Series A round, and also served at Microsoft.

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GITAI Shows Off Robotic Arm For Space

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Torrance-based GITAI USA, which develops space robots, says it has demonstrated a 10 meter, robotic arm designed for use in space. According to the company, its new GITAI S10 has successfully completed tests to meet NASA's level 3 "Technology Readiness Level" TRL. The company said it is looking to get the arm to underwater testing by March of 2023, which is NASA's TRL 6 (System/subsystem model or prototype demonstration in a relevant environment) qualification.

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Regulus Therapeutics Names VP

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San Diego-based biopharmaceuticals firm Regulus Therapeutics said today that it has named Amin Kamel, Ph.D., as Vice President, DMPK. The company said Dr. Kamel will support clinical development and advancement of its lead candidate, aimed at treating patients with autosomal dominant polycystic kidney disease (ADPKD). Kamel was most recently Scientific Director of Takeda, Drug Metabolism and Pharmacokinetics.

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LookinLA, Clearco In Partnership

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Los Angeles-based marketing agency LookinLA has partnereds with e-commerce investment firm Clearco, the companies said on Monday. Clearco provides investments for e-commerce businesses, and according to the two, has funded more than 7,000 businesses, and investing over $3 billion. Clearco was co-founded as Clearbanc in 2015 by Michele Romanow from Canada's Shark Tank (Dragons' Den), and according to the companies was the youngest ever entrepreneur to join the show Dragons' Den.

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Geno Names Chief Legal Officer

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San Diego-based Geno (Genomatica) says it has hired its first Chief Legal Officer, to help the company with its growth. According to the company, it has appointed Shawnte Mitchell to the new position. Mitchell was previously Executive Vice Presdient, General Counsel, and Corporate Secretary at Zogenix, and also had served at Aptevo Therapeutics. Geno says it is developing and scaling sustainable materials derived from plant- or waste-based feedstocks instead of fossil fuels.

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Paradigm Sports Backs Huupe

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Los Angeles-based sports and entertainment agency Paradigm Sports said today that it has made an investment in Huupe, which makes a "smart" basketball hoop. Size of the investment was not announced. According to Paradigm Sports, it led the seed funding in Huupe, in an investment which also included F Street Ventures, Reform Ventures, JB Fitzgerald, Tundra Angels, and Ball Tek Ventures.

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Brian Lee Departs ZipRecruiter's Board, Two New Board Members Added

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Veteran Los Angeles area entrepreneur and investor Brian Lee is departing the board of directors of ZipRecruiter, the company said on Monday, as the company adds two new members to the board, Yvonne Hao and Emily McEvilly. Lee had been on ZipRecruiter's board since 2015.

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Gym Class Snags $8M

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Los Angeles-based Gym Class, a startup developing virtual reality basketball apps, says it has raised $8M in a seed funding round. The round was led by Andreessen Horowitz (a16z), and also included Y Combinator. The company says it is developing a VR basketball app on meta Quest App Lab, and will launch in Fall of 2022. Gym Class was founded by Matthew Harris, CEO, Justin Hubert, Chief Creative Officer, and Paul Katsen, Chief Product Office in 2019. class virtual reality basketball

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Coin Up Aims At Charity Donation

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A new, San Diego startup, Coin Up, says it has launched an app which encourages millennials to give to their favorite charitable causes. According to the company, its mobile app lets charity donors take a personality quiz to find their charity giving style, and help "Next Gen" donors connect with causes they care about. Coin Up says it is supported by a grant from The Bill & Melinda Gates Foundation and in-kind support from IDEO, and is led by co-founder Leena Gupta.

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YouAttest Aims At Enterprise With Identity Audit Tool

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Irvine-based YouAttest, a developer of software for identity audit and compliance management, said it has launched a tool aimed at the enterprise market. According to the company, YouAttest Enterprise is enhanced and customized edition of its cloud-based identity governance solution, specifically for companies and organizations. Pricing on the new tool was not announced. YouAttest is led by CEO Garret Grajek. youattest enterprise identity audit compliance managaement

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Enabld Technologies Raises $1.4M

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Enabld Technologies, a startup working on cloud communications technology, said today that it has raised $1.4M in a seed funding round. The company's US headquarters are in Los Angeles, but its major operations are in Brussels and Moldova. According to the company, it is companies tools and solutions for communication service provider, telecom compnaies, and enterprises. The funding was led by Wale Ajisebutu, Chairman and CEO of 21st Century Technologies.

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Tealium Aims At Pharma Industry

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San Diego-based Tealium, which develops "tag management" software for tracking customer data, said last week that it has launched a new version of its software specifically for the pharma industry. The company said Tealium for Pharma is designed to provide an "improved customer experience" for Pharma audiences, while accounting for privacy and security regulations. Pricing on the new tool was not announced. tealium pharma pharmaceutical software management customer data

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Faze Clan Launches Series With NFL

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Los Angeles-based gaming lifestyle and media company Faze Clan said last week that it is working with the National Football League (NFL) to feature Donald De La Haye "FaZe Deestroying" across the country during the NFL preseason. The company said its NFL preseason "10N1" series will feature competitions where wide receivers and defensive backs will go head-to-head in multi-stage competitions. faze clan lifestyle media football preseason defense

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Kitchen United Raises $100M In Series C

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Pasadena-based Kitchen United, which develops technology and operates "ghost restaurants" which exists only on food ordering apps, has raised $100M in a Series C fundraising. The funding came from Alimentation Couche-Tard / Circle K, The Kroger Co., Restaurant Brands International, B.

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Kofax Now Owned By Clearlake, TA

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Irvine-based document automation software developer Kofax is now owned by private equity investors Clearlake Capital and TA Associates, the companie said this week, after a sale of Kofax by prior owner Thoma Bravo. Financial details of the deal were not announced. Thoma Bravo has owned Kofax for the last five years. The deal was financed by J.P. Morgan, along with Credit Suisse, UBS, Jefferies LLC, Blackstone, PSP Partners, Security Benefit, and Brinley.

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VyTrac Adds Strategic Advisor

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Los Angeles-based VyTrac Health, a developer of remote patient monitoring tools, said this week that it has named Dr. Venktesh Ramnath, MD as a strategic advisor to the company. Dr. Ramnath is an Intensive Care Unit Pulmonologist at UC San Diego Health. VyTrac is led by co-founder and CEO Zachary Fink. vytrac remote patient monitoring software executive venktesh ramnath

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LogicMonitor Names CIO

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Santa Barbara-based LogicMonitor, a developer of software-as-a-service for managed service providers, says it named Ryan Worobel as the company's new Chief Information Officer (CIO). Worobel was most recently Executive Vice President and CIO at Incora, and also served at Maersk Line, Zuora, Dell and Salesforce. logicmonitor executive saas software ryan worobel

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Whatnot Links With Post Malone On $100K Match

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Los Angeles-based live shopping service Whatnot--which is backed by DST Global, CapitalG, BOND, Andreessen Horowitz, and YC Continuity--said this week that it has linked up with Post Malone, on an opportunity to win $100k in a one-on-one battle with the recording artist. According to Whatnot, the opportunity gives fans an opportunity to play Magic: The Gathering against Post Malone, to be streamed live on its app on August 11th.

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DeciBio Ventures Backs Replay In $55M Funding

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Los Angeles-based venture investor DeciBio Ventures ays it has made an investment in genomic medicine technology company Replay. According to the company, Replay raised $55M in a seed funding round, which was led by KKR & Co. and OMX Ventures, and also included ARTIS Ventures, Lansdowne Partners, SALT, and Axial. DeciBio Ventures did not say how much it contributed to the funding. Replay is based in San Diego and London. DeciBio Ventures says it invests in precision medicine startups.

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Effecto Launches Chronic Health Tracker

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San Diego-based Effecto announced this morning that it has launched a new product, an app to help people with health issues or chronic illnesses track their symptoms and moods. According to the company, its app lets patients log different health aspects and activities, to help manage chronic illnesses. The company said it is looking to help patients with tracking mental health issues like depression, anxiety, stress, ADHD, etc.

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Rocket Lab Wins Solar Power Deal For Space Force

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Long Beach-based Rocket Lab USA said late Wednesday that the company has been seleted by the United States Space Force, to provide solar cell assemblies for three, Lockheed Marting spacecraft. Financial details of the win were not announced. According to Rocket Lab, its high-efficiency, radiation-hardened Coverglass Interconnected solar Cell (CIC) assemblies will power the three Lockheed Martin Next Gen OPIR GEO (NGG) satellites for the United States Space Force (USSF).

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Rivian Cuts 6 Percent Of Workforce

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Electric vehicle maker Rivian has cut six percent of its workforce, according to a report from the WSJ on Wednesday, citing inflation and a rapidly changing economy. The company had 14,000 workers, including a significant number in Orange County, before the layoffs. The WSJ cited an email from Rivian CEO RJ Scaringe, which pointed at "inflation reaching record highs, interest rates rapidly rising and commodity prices continuing to climb" as reasons for the layoffs.

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Yardi Launches Coworking Lead Gen Site

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Santa Barbara-based Yardi, which develops property management software, has launched a new, coworking lead generation site called CoworkingCafe.com. The company also said it has acquired CoworkingMag.com. The new service provides information on coworking and "flex" locations, and also allows for real-time booking of conference rooms and private offices. Yardi did not say how much it paid for CoworkingMag.com, which also provides searches for coworking spaces in the U.S.

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Warrantless Requests For Video From Ring, Google Nest Raises Questions

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New, US rules that allow law enforcement to request video from Ring and Google Nest cameras are raising questions about privacy, and exactly how law enforcement officials can get access to private video taken by those cameras. The new rules are similar to existing rules which allow law enforcement to access cell phone records in an emergency which might involve immediate risk of death--such as kidnapping, attempted murder, or self harm.

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Docupace Integrates With Envestnet

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Los Angeles-based Docupance, a developer of fintech software for the wealth management market, said it has integrated with Envestnet, a provider of financial software. The company said the integration includes real-time data exchange between the platforms. Both companies provide their software to the financial services industry. docupace envestnet wealth mangaement software fintech

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Mojix Bolsters Board

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Los Angeles-based Mojix announced today that it has added a new member to its Board of Directors. The developer of software-as-a-service products for supply chain tracking said it added Marc Hafner, most recently the CEO of Revionics, to its board. Hafner previously also served at NEC< BroadCloud, and Westell. mojix executive board software saas supply chain

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