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Los Angeles Fast 500 Winners Announced

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The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.

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Tribogenics Gets $6.2M

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Marina Del Rey-based Tribogenics , the developer of X-ray technology being aimed at enabling handheld, ultra-miniature portable x-rays, has raised $6.2M Tribogenics' technology based on research out of UCLA--enables the generation of X-rays without need for high voltage power sources. READ MORE>>.

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Tribogenics Adds Peter Diamandis To Advisory Board

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Marina Del Rey-based Tribogenics , the UCLA spinout which is developing small, low power X-ray sources aimed at enabling X-rays from portable equipment, has added Dr. Peter Diamandis to its advisory board. Tribogenics technology was originally developed under a DARPA-funded project at UCLA. READ MORE>>.

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Rovi Plans To Sell CinemaNow

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The long, turbulent history of the video-on-demand technology developed by former Marina Del Rey-based CinemaNow continues today, after current owner Rovi Corporation said Thursday afternoon that it plans to pursue a sale of its Rovi Entertainment Stores business--the remains of CinemaNow.

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Carbonics Raises $5.5M For RF Materials

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Marina Del Rey-based Carbonics , a developer of carbon nanomaterials aimed at improving the power consumption and performance of wireless semiconductors, has raised $5.5M Carbonics says its technology is based on research conducted at UCLA and USC. in a funding round. The funding came from TAQNIA international.

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CREXi Collects $11M For Commercial Real Estate Technology

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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. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.

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AuctionPoint Gets Investment From LoopNet

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Marina Del Rey-based AuctionPoint , which operates an online service for helping property brokers auction off commercial real estate, has received a strategic investment from LoopNet , LoopNet said today. Tang was formerly Chairman and CEO of technology consulting firm Guidance; Yang was a real estate developer.