Fri.Jul 21, 2017

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Cinq Music Raises $20M In Series B

socalTECH

Los Angeles-based Cinq Music , a data-driven record label, distribution, and rights management company, has received $20M in a Series B funding, according to funding provider GoDigital Media Group. According to the two, Cinq Music will use the funding to purchase music rights, both masters and publishing, and to further expand internationally. Cinq Music primarly has focused on Latin music.

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Investment Powers Up Maker of In-Body Batteries

L.A. Business Journal

FrontEdge Technology Inc. raised $2.7 million from a couple of undisclosed investors last month to further develop a razor-thin battery for in-body medical devices.

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Cylance Gets Federal Certification

socalTECH

Irvine-based cybersecurity developer Cylance has received a federal certification for the company's CylancePROTECT software, its artificial-intelligence powered software used for protecting against advanced persistent threats and malware. According to Cylance, it received a "Moderate" certification from the Federal Risk and Authorization Management Program (FedRAMP), which allows it to deploy its software to United States government agencies.

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Silicon Beach Report July 21: Cinq Music Raises $20 Million Series B

L.A. Business Journal

Cinq Music raises $20 million Series B, Snap Inc. selling Spectacles in Harrods of London, and Snap Inc. hires Swiss team behind anti-reverse engineering software.

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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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Teledyne Completes Scientific Systems Acquisition

socalTECH

Thousand Oaks-based Teledyne Technologies said on Thursday that it has completed its acquisition of the assets of Pennsylvania-based Scientific Systems Inc. (SSI). SSI is a manufacturer of precision components and specialized subassemblies used in analytical and diagnostic instrumentation, such as High Performance Liquid Chromatography (HPLC) systems.

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After Mobile App Success, Rock My World Introduces Fitness Chatbot

Xconomy

Adam Riggs-Zeigen has come a long way since 2013, when he co-founded San Diego’s Rock My World and introduced the mobile app RockMyRun to provide upbeat music playlists to motivate smartphone-equipped runners. “We found that it expanded into other avenues, like fitness studios,” Riggs-Zeigen recalled in a recent interview. The following year, the startup created an algorithm that automatically adjusts the rhythm and tempo of songs to match the user’s pace and heart rate.

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$200M Invested For a Global Network of Indoor Farms? That’s Plenty

Xconomy

Agtech startup Plenty has reeled in $200 million in financing as the company presses forward on its plans to build a global network of indoor vertical farms. Softbank Vision Fund of Japan led the Series B funding round for South San Francisco, CA-based Plenty. The round included investments from affiliates of Louis Bacon, the founder of Moore Capital Management, as well earlier investors Innovation Endeavors, Bezos Expeditions, DCM, Data Collective, and Finistere Ventures.

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Elon Musk Aims To Connect, NYC, Philadelphia, Baltimore, and DC With Hyperloop

socalTECH

Elon Musk , the founder of SpaceX and Tesla Motors, and who originated the idea of the ultra-high-speed "Hyperloop" transportation concept, said on Twitter on Thursday that he has received "verbal government approval" for a system that would connect New York City, Philadelphia, Baltimore, and Washington DC in a Hyperloop system. Musk was mum on details, and it's unclear what government agency would have been able to approve such an effort, especially without a significant amount of paperwork and

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6 Steps To Saying No At Work To Your Boss And Peers

Startup Professionals Musings

Every dedicated business professional I know can’t find enough hours in a day to do their best work, and yet they often find themselves saying yes to new requests from the people around them. In some cases it may be fear of retribution by the boss, but more often they just hate to disappoint others, and end up instead with high stress and low credibility in the crisis to deliver.

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Napkin Adds Spanish To Financial Literacy Site

socalTECH

Los Angeles-based Napkin , which provides easy-to-understand, financial literacy materials, has rolled out a Spanish language version of is site, the company said on Friday. Napkin offers up one-page, highly graphical explanations of difficult-to-understand financial concepts, helping its users better understand such financial concepts as banking, mortgages, FICO scores, title insurance, refinancing, and much, much more.

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Bio Roundup: Obamacare Persists, FDA Approves, Vertex Wows & More

Xconomy

The attempt to repeal and replace the Affordable Care Act took a major hit this week from Senate GOP holdouts who said the Better Care Reconciliation Act either tore down Medicaid too much or left too much of the ACA in place. A straight-up repeal, floated by Senate majority leader Mitch McConnell, was also shot down. But as of this writing, McConnell will allow a vote next week to start open debate, much less tightly controlled than the secretive BCRA that went nowhere.

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