Wed.Dec 15, 2021

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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

Paying bills is hardly a fun thing. So I think it’s safe to say that any technology that can make the process easier is welcome by all. Papaya is a Los Angeles-based startup with a mission to do just that. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal.

Mobile 208
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8 Mindset Principles That Lead To Success In Business

Startup Professionals Musings

As a long-time business advisor and mentor to entrepreneurs, I’ve always been impressed with the few who seem to always come out ahead, no matter what the challenge. It seems to be more a function of mindset and principles, more than education or natural ability. I’m convinced that we all have a similar potential, if we practice the right principles and persevere through thick and thin.

Education 148
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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

Another travel startup that found itself scrambling to pivot as the COVID-19 pandemic took off is now announcing a huge round of funding after finding its feet and proving that it can grow, even under adverse circumstances. AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding.

Platform 139
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Mavenlink Merges With Kimble Applications In Private Equity Effort

socalTECH

Irvine-based Mavenlink, which develops cloud software for the professional services market, has merged with Kimble Applications in a merger backed by private equity investor Accel-KKR, the company announced today. According to the company, Michael Speranza has been named as CEO of the company as a result of the merger. The company said that Existing Kimble and Mavenlink investors, including Carrick Capital Partners and Goldman Sachs, will continue to be investors.

Equity 113
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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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Tealium Launches Partner Effort

socalTECH

San Diego-based Tealium, which helps companies collect information on their customers, says it has launched a new partnership effort called the Tealium Global Partner Network. According to the company, the effort gives direct access for its clients to partners such as Meta, Google, AWS, Capgemini, Accenture and Publicis Sapient. Tealium is best known for its tools for managing "tags" and "pixels", which are invisible images used for customer tracking and analytics across everything from the web,

San Diego 113
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Netradyne Names CFO

socalTECH

San Diego-based artificial intelligence software developer Netradyne annoucned this morning that it has named Tom Schmitt as CFO. According to the company, Schmitt joins the company from Postclick, where he was also CFO. He also has served at such companies as VideoAmp, FreeWheel Media, Salesforce, NetApp, and GAP. Netradyne says Schmitt has over 35 years of financial experience.

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Papaya Picks Up $50M For Mobile Payments

socalTECH

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures. Papaya is led by co-founder and CEO Patrick Kann, who the company said has previously served at such companies as World Bank and IdeaLab.

Mobile 113