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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium. TeleSign Corp.

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Armata Pharmaceuticals Gets $7.0M Investment

socalTECH

Marina Del Rey-based Armata Pharamceuticals, a biotechnology company developing therapeutics for antibiotic-resistant and difficult-to-treat bacterial infections, said it has received $3.0M The company said the funds will be used to further advance development of its lead candidate.

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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. The company said it has so far insured $1 billion in leases.

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Sanebox Wins School District In Washington

socalTECH

Los Angeles- and Boston-based email software developer Sanebox has scored a win with a school district in Washington, the company said this week. Sanebox has its LA offices in Marina Del Rey. Financial details of the win were not announced. READ MORE>>.

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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. The company said it has now raised $24M in total. CREXi is led by CEO Michael DeGiorgio. READ MORE>>.

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SpaceX To Deliver Robots To The Moon

socalTECH

Hawthorne, California-based SpaceX has just signed a deal to deliver two robot payloads to the moon for a small Japanese company, ispace , ispace said this morning. According to ispace, it is using the technology developed by the HAKUTO team for its new effort, called HAKUTO-R. That effort expired in March.

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textPlus Unveils New App, Nextplus

socalTECH

Marina Del Rey-based textPlus , the message app developer led by Scott Lahman, has unveiled a new app called Nextplus , aimed at ramping up adoption of the company''s messaging tools. The new app runs on iPhone and Android. READ MORE>>. textpus nextplus mobile messaging texting free android'