Tue.Aug 25, 2020

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Movandi Ups Funding To $29.6M, Round Targeted At $35.8M

socalTECH

Irvine-based hardware maker Movandi , a developer of millimeter wave, wireless technology used for 5G networks, has upped its recently announced funding round to a total of $29.6M, according to a regulatory filing from the firm on Monday, and still hopes to raise as much as $35.8M in the round. Movandi had announced its Series C in April, saying it had raised $27M from WRVI Capital, and also included Cota Capital and DNX Ventures.

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Final Agenda Released for the Xcelerate Keynote Series at Biotech Week Boston

Xconomy

Presented by Xconomy, the 100% digital Xcelerate Keynote Series at Biotech Week Boston on Monday, Sept. 21 places a spotlight on life science leaders who are breaking new ground with methods and solutions in R&D, planning, and production that are improving patient outcomes. As the industry navigates uncertainty, the keynote speakers will help drive your business forward by sharing insights on how their sectors are adapting to challenges, combating disruptive forces, and preparing for what th

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New Bill Threatens Shared Scooter, Bike Companies Like Bird, Wheels

socalTECH

A new California bill is threatening shared, micro-mobility companies like Santa Monica-based Bird and Los Angeles-based Wheels , by threatening to eliminate their ability to force their users to sign away their rights to sue those companies in the case of an injury or accident. According to the proposed law, agreements from those micro-mobility companies "shall not contain a provision by which the user waives, releases, or in any way limits their legal rights or remedies under the agreement.

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COVID-19 Shifts Business Expenses, Says Report

socalTECH

A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments.

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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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Wrapbook Finds $3.6M For Film, Production Payroll Management

socalTECH

Los Angeles-based Wrapbook , a startup developing payroll, compliance, and insurance software for the entertainment industry, said it has raised $3.6M in a seed funding round. The funding came from Equal Ventures, Uncork Capital, Steve Sarowitz (founder of Paylocity), and 4S Bay Partners. According to Wrapbook, its software platform handles the labor-intensive process of onboarding, paying and insuring film and production crews.

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Songtradr Snags $30M For Music Rights, Licensing

socalTECH

Los Angeles-based Songtradr , a developer of a music rights and licensing marketplace, said on Monday that it has raised $30M in a Series C funding round. The funding was led by the St. Baker Australian family office, as well as other un-named, Australia family offices and existing investors. Songtradr said the new funding round values the company at $165M.

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Impact Acquires ACTIVATE

socalTECH

Santa Barbara-based Impact , which develops partnership management software, said this morning that it has acquired ACTIVATE , an influencer marketing platform which provides influencer discovery, program workflow, measurement, and analytics. Financial details of the acquisition were not announced. Impact said the acquisition will bolster "influencer capabilities" within its cloud-based software.

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