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Advertising Tech Firm Lucidity Raises $5 Million

L.A. Business Journal

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support.

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LeaseLock Lands $52M In Series B

socalTECH

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. LeaseLock said it will use the funding to expand its lease insurance product.

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Carbonics Launches First Product

socalTECH

Marina Del Rey-based Carbonics said on Wednesday that it has launched its first product, a carbon-on-silicon wafer aimed at helping advanced radio frequency (RF) semiconductor development.

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XPRIZE Awards $15M In Global Learning Competition

socalTECH

Marina Del Rey-based XPRIZE , the organization led by Dr. Peter H. According to XPRIZE, it decided to split the top $10M award in the competition between two winners-- Kitkit School , which has developed a learning program using a "game-based core"; and onebillion , a developer of "numeracy content" and literacy material.

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CREXi Collects $11M For Commercial Real Estate Technology

socalTECH

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. The new funding goes towards sales and marketing, to growing its team, plus building its products. CREXi is led by CEO Michael DeGiorgio.

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Thrive Market Picks Up $111M In New Funding

socalTECH

Marina Del Rey-based, online healthy foods grover Thrive Market has raised $111M in a new, venture funding round, the company disclosed this morning. The company offers up healthy foods and other products through its online, membership-only site. READ MORE>>.

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textPlus Lands $18M, Buys Jarvus

socalTECH

textPlus, which is based in Marina Del Rey, develops a combination of mobile apps and related services which allow users to text each other for free. The company said the fourth round of funding will go towards international expansion, product development and strategic acquisitions.