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Crypto IRA Software Creator iTrustCapital Raises $125 Million

L.A. Business Journal

The Long Beach-based tech platform creator iTrustCapital Inc. secured a $125 million Series A equity raise for its Crypto IRA software platform, the company announced on January 19th, with a post-funding valuation exceeding $1.3

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Applied Business Software Names COO

socalTECH

Long Beach-based Applied Business Software , a developer of software for loan servicing and origination in the mortgage industry, said today that it has named Jasen Portero as its Chief Operations Officer. Portero has been the company's Vice President of Development for the last 12 years. and Evite.

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Rocket Lab Acquires Advanced Solutions

socalTECH

Long Beach-based space launch provider Rocket Lab said on Tuesday that it has acquired Advanced Solutions, Inc., a Colorado-based aerospace engineering which provides space software, mission simulation and test systems. According to Rocket Lab, it is paying $40M for the company, with a potential for an additional $5.5M

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Momentum IoT Lands $3.1 Million

L.A. Business Journal

Long Beach-based mixed fleet management software developer Momentum IoT announced Sept. 10 it raised $3.1

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Momentum IoT In Partnership With Skyboss

socalTECH

Long Beach-based Momentum IoT , a provider of fleet telematics services, says it has partnered with Skyboss , a management software provider for field service companies. According to the two, they will integrate their platforms, allowing their customers to streamline their field services management processes.

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MFFAIS Rolls Out Budgeting App

socalTECH

A new, Long Beach-based startup, MFFAIS, said this week that it has rolled out a new, free app to help people with budgeting. The company--which says its app does not require any connection to a user's bank account--is aimed at helping users establish the "groundwork for financial security".

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Funraise Finds $9.7M For Nonprofit Fundraising

socalTECH

Long Beach-based Funraise , which develops nonprofit fundraising software, has raised $9.7M in an investment in its Series A funding, the company said this week. According to Funraise, the funding was led by Toba Capital, and also included angel Blaine Vess, the founder of Student Brands.