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NXCR Sets CTO

socalTECH

Santa Monica-based subscription vehicle startup NXCR has named a new Chief Technology Officer this morning, saying it has added Martin Prescher to oversee its engineering and data teams. Prescher previously was at PwC, and also had served as Chief Technology Officer at AutoGravity.

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Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

TechCrunch LA

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. This too shall pass.” — Balaji S.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 Instead of granting permanent access to, there re policy-based pre authorizations that a company can set up defined for specific tasks and roles.

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Midnight Lights Up With $7.5M

socalTECH

Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others.

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Papaya Picks Up $50M For Mobile Payments

socalTECH

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. Papaya is led by co-founder and CEO Patrick Kann, who the company said has previously served at such companies as World Bank and IdeaLab.

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GoodRx Names CTO

socalTECH

Santa Monica-based GoodRx , a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's Chief Technology Officer. GoodRx is backed by Founders Fund, Upfront Ventures, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (drugstore.com), and Mike Ovitz.

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Happy Money Names Interim CEO

socalTECH

Orange County-based fintech startup Happy Money, which operates a service to help consumers better manage their money and pay off credit card debt, says it has named Jeff Winner as the company's Interim CEO. The company said its founder, Scott Saunders, will remain Chairman of the company.