Fri.Jun 14, 2019

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AppOnboard Acquires Buildbox

socalTECH

Los Angeles-based AppOnboard , which develops mobile app design and development software, has acquired Buildbox , a developer of mobile game development software. Financial details of the acquisition were not announced. According to AppOnboard, Buildbox's tool have been used so far to power more than 45,000 unique games, and has seen more than 3 billion estimated downloads on app stores.

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LA CEOs: Celebrity Endorsements - Paradigm

SoCal Tech Calendar

Thursday, June 20, 2019 -- LA CEOs: Celebrity Endorsements - Paradigm. Join your CEO and CFO peers in our informative LA CEOs breakfast presentation led by Roger Wood - Partner Paradigm Talent Agency. This sponsor supported event is restricted to qualified CEOs and CFOs only. Confirmed RSVP required. No service providers will be admitted.

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Linquest Gets $562M Air Force Contract

socalTECH

Los Angeles-based LinQuest Corporation , a provider of space systems services and products for the defense and U.S. national security market, said on Thursday that it received a $562M contract award from the U.S. Air Force Space & Missile Systems Center. According to LinQuest, the award covers architecting and full life-cycle systems engineering, integration, and solutions support to the military satellite communications enterprise.

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Finding The Right Angel Investor For Your New Venture

Startup Professionals Musings

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. Or does it? Actually numbers and locations are just the beginning. The challenge is to find the right angel for you, and for your situation. Here are some basic principles: Angels invest in people, more often than they invest in ideas.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Sunbit Scores $26M For Consumer Credit Startup

socalTECH

Los Angeles-based Sunbit , a fintech startup which provides point-of-sale financing for purchases, using machine learning to qualify consumers, has raised $26M in a Series B funding round, the company said this week. The funding was led by Zeev Ventures, and also included Group 11 (formerly SGVC), Chicago Ventures, and others. Oren Zeev, the founding partner of Zeev Ventures, joins Sunbit's board along with the funding.

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Bio Roundup: Roche-Spark Drags On, GSK Taps CRISPR, Diabetes News & More

Xconomy

Is one of the bigger biopharma acquisitions of the year in trouble? This past week, antitrust regulators once again delayed Roche’s planned $4.8 billion buyout of gene therapy developer Spark Therapeutics (NASDAQ: ONCE ). The US Federal Trade Commission wants yet more information about the buyout, and overseas, the UK Competition and Markets Authority opened a separate investigation.

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Silicon Beach Report June 14: Bird Required to Pay Tariffs on Chinese Imports

L.A. Business Journal

Bird, Uber tariff relief requests denied; AppOnBoard buys BuildBox; Pluto TV links with Comcast

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CreatorIQ Finds $12M For Influencer Marketing Software

socalTECH

Los Angeles-based CreatorIQ , a developer of enterprise software used for influencer marketing, has raised $12M in a Series B funding round, the company said Thursday. The funding was led by TVC Capital, and also included Affinity Group, and Unilever Ventures. Affinity Group is a partnership between TPG Growth and Evolution Media. According to CreatorIQ, it is using artificial intelligence (AI) to help companies manage their influencer marketing efforts, with clients that include Airbnb, CVS, De