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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium. TeleSign Corp.

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Moonshots Capital Leads $2.1 Million Backtracks Seed Round

L.A. Business Journal

Podcast analytics software developer Backtracks Inc. million seed round led by Marina del Rey-based venture capital firm Moonshots Capital. announced May 30 it raised a $2.1

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Sanebox Wins School District In Washington

socalTECH

Los Angeles- and Boston-based email software developer Sanebox has scored a win with a school district in Washington, the company said this week. Sanebox has its LA offices in Marina Del Rey. Financial details of the win were not announced. READ MORE>>.

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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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Amazon Alexa Fund Backs USC Viterbi Startup Garage

socalTECH

The program will be held at the USC Viterbi Startup Garage in Marina Del Rey, starting in October. Financial details of the investment by the Amazon Alexa Fund were not announced. According to USC, the application deadline for its new cohort is September 15th. READ MORE>>.

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TrendShift Buys Health Data Intelligence

socalTECH

Marina Del Rey-based TrendShift , a developer of population health management software for the healthcare industry, has acquired the assets of Health Data Intelligence.

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Moving Analytics Finds Funding

socalTECH

Marina Del Rey-based Moving Analytics , a developer of software and programs to help cardiac patients complete their rehab at home, has raised a funding round from OCA Ventures. Size of the funding was not announced.