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After Fast Start, Social App Poparazzi Sees Slowdown

L.A. Business Journal

Poparazzi, a photo sharing app developed by Marina del Rey-based TTYL Inc., is among this year’s most hyped social media startups.

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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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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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Moonshots Capital Leads $2.1 Million Backtracks Seed Round

L.A. Business Journal

Podcast analytics software developer Backtracks Inc. million seed round led by Marina del Rey-based venture capital firm Moonshots Capital. announced May 30 it raised a $2.1

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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.

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XPRIZE Launches Pandemic Alliance To Tackle COVID-19

socalTECH

Marina del Rey-based XPRIZE has launched a new effort, the XPRIZE Pandemic Allaince , which it says will help scale the impact and promise of solutions to the ongoing COVID-19 pandemic.