Tue.Jan 26, 2021

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Interview with Jamey Edwards, Cloudbreak Health

socalTECH

Our interview today is with Jamey Edwards, the CEO of Cloudbreak Health, a Los Angeles-based telemedicine company, which provides telehealth services, including interpretation and access to specialists, within healthcare facilities. We caught up with Jamey to learn more about the company, and also its recent move to merge with another company, Uphealth, via a special purpose acquisition company (SPAC).

Platform 203
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Albert Raises $100 Million In Series C Funding

L.A. Business Journal

Personal finance technology company Albert Corp. has raised $100 million in a Series C round.

Funding 246
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Miso Robotics Eyes $30M Through Crowdfunding Effort

socalTECH

Pasadena-based food services robot developer Miso Robotics says it is expanding its crowdfunding efforts, with a goal of reaching $30M in funding in its Series C crowdfunding effort this year. The company--which says it raised $17M in that Series C round in November of 2020--said the extension of the funding effort follows "high demand" okn the SeedInvest crowdfunding platform.

Pasadena 113
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Clash Acquires Byte App, Finds New Funding

socalTECH

Los Angeles-based Clash, a startup that focuses on helping creators with monetization tools, said this morning that it has received a new funding round, and acquired the short-form video app Byte. Size of the funding was not announced. According to the company, the funding round was led by Seven Seven Six, the new fund created by Alexis Ohanian, who is best known for founding Reddit.

Funding 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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ServiceNow Eyes San Diego Investments As Part Of $100M Fund

socalTECH

ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego. The company said the new ServiceNow Racial Equity Fund is worth $100M, and is designed to drive more sustainable wealth creation by funding homeownership, entrepreneurship, and neighborhood revitalization within Black communities in 10 regions across the United States.

San Diego 113
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NRGene Raises $30M On Tel-Aviv Stock Exchange

socalTECH

San Diego-based biotech investor NRGene, which says it is using artificial intelligence for genomics in the agricultural and livestock industry, says it has completed an initial public offering (IPO) on the Tel-Aviv Stock Exchange, and raised approximately $30M. The company says it is now trading as NRGN on the Tel Aviv Stock Exchange. The company's CEO and co-founder is Dr.

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Airspace Connects With $38M

socalTECH

Carlsbad-based logistics start Airspace, a startup that helps provide time-critical shipping technology, annoucned this morning that it has raised $38M in its Series C funding. The funding was led by Telstra Ventures, and also included co-lead HarbourVest Partners, as well as Scale Ventures, Defy Partners, Qualcomm Ventures, and Prologis Venture. The company says it has now raised a total of $70M.