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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

So I think it’s safe to say that any technology that can make the process easier is welcome by all. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal. has been an anomaly, with only 3% of bills being paid by a mobile device.

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AppOnboard Signs Customers For Mobile App Demo Technology

socalTECH

Los Angeles-based AppOnboard , the developer of mobile app demo technology led by Jonathan Zweig, says that it now has such app developers as FoxNext Games, Game Insight, Superheart Studios, Jam City, Huuuge Games, and Simple Habit using its tools. READ MORE>>.

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Papaya Picks Up $50M For Mobile Payments

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Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit -- OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.

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CitySourced Merges With Rock Solid Technologies

socalTECH

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. Financial terms of the merger were not announced.

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Bridg Buys Relevant Mobile

socalTECH

Los Angeles-based Bridg , which develops personalized marketing software and technology, said this morning that it has acquired Relevant Mobile , a developer of mobile app, loyalty and rewards programs. Relevant Mobile's co-founders, Gerrine Pan and Dazhi Chen, will join Bridg as part of the acquisition. READ MORE>>.

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Chalk Digital Gets Seed Funding For Mobile Ad Technology

socalTECH

San Diego-based Chalk Digital , a provider of location-based, mobile advertising technology aimed at local businesses, said today that it has raised a seed funding round. The funding came from Composite Capital Partners, Kernal Capital Inc., KLab Ventures, Tallwave Capital along with angels Peter L. READ MORE>>.