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Rocket Lab Wins NASA Lunar Mission

socalTECH

Long Beach-based Rocket Lab says it has scored a contract from NASA, to launch a payload to the moon. The NASA funded mission will place a 55 pound satellite into lunar orbit, as part of a mission by NASA to establish a long term presence on the Moon. Financial details of the win were not announced.

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Cargomatic Collects $35M

socalTECH

Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises. READ MORE>>.

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Payoff.com Raises $7.0M For Personal Finance Efforts

socalTECH

Long Beach-based Payoff.com , a startup which operates an online service that helps user pay off debt and save money via online rewards, social tools, and peer pressure, has raised $7.0M in a funding round, according to a regulatory filing by the company. READ MORE>>.

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Postmates’ newest feature is like Uber POOL for food delivery

TechCrunch LA

The feature is now available in Chicago, Las Vegas, Long Beach, Calif., Postmates Party is the latest innovation in on-demand delivery that will help us deliver on this vision,” Postmates CEO and co-founder Bastian Lehmann said in a statement. cities in which it currently operates. and Philadelphia. billion valuation.

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Fuel50: Helping Employees Figure Out Their Career Path, With Anne Fulton

socalTECH

com) � backed by local investors Rincon Venture Partners and Bonfire Ventures�is helping to solve that problem, with its career pathing software designed for helping employees at large enterprises figure out what's next. It helps you figure out what you can do in a business, what roles are available, what might be my future here.

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Flywheel Expands Into Los Angeles, Ramps Up Taxi vs. Rideshare Battle

socalTECH

Flywheel develops a mobile app which lets users hail local taxi companies, track locations, and pay with their smartphone, and says it has launched its service across Los Angeles, starting with Hermosa Beach, Long Beach, San Fernando Valley, and Pasadena.

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Bikestation Gains Funding

socalTECH

Bikestation develops infrastructure, including lockers, changing facilities, showers, and repair services, to help people ride and park their bicycles. Amount of the investment in Bikestation was not announced.