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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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Advertising Tech Firm Lucidity Raises $5 Million

L.A. Business Journal

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support.

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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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Moving Analytics Finds Funding

socalTECH

Marina Del Rey-based Moving Analytics , a developer of software and programs to help cardiac patients complete their rehab at home, has raised a funding round from OCA Ventures. Size of the funding was not announced.

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XPRIZE Foundation Eyes Wildfire Detection, Suppression

socalTECH

Marina Del Rey-based XPRIZE Foundation , the group which runs competitions to spur innovation in technology to help solve major societal problems or very hard technical problems, says it is going to launch a new prize to spur ideas for wildfire detection and suppression. Diamandis said the prize will be launched by early 2020.

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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 new funding goes towards sales and marketing, to growing its team, plus building its products. READ MORE>>.

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Carbonics Raises $5.5M For RF Materials

socalTECH

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 in a funding round. The funding came from TAQNIA international.