SD BUSINESS JOURNAL DAILY ENEWS

Special Report: Funding Journey Starts With Getting Your Foot in the Door

INVESTMENT: Seismic Did Its Homework and Obtained Introductions

Raising a funding round for a startup isn’t easy. Doug Winter should know. He’s raised four since he founded Seismic in 2011.

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Parking Changes May Boost Infill Projects

BUILDING: Developers Applaud End of Regulation

Tim Foley, a San Diego developer who specializes in building infill apartment projects in the city’s urban neighborhoods, said he’ll likely be able to build more apartments for less money thanks to a new law that eases parking requirements.

Platform to Reduce False Positive Alerts

SECURITY: Multiple Patents Are Part of Security Solution

Maintaining network security is hard to do when you face a barrage of unnecessary alerts. That’s what MixMode CEO John Keister found out when he began asking prospective clients about their biggest pain points in security.

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SDBJ Insider: Padres Can Toast 50 Years With Swingin’ Friar

The San Diego Padres will commemorate 50 years in the city this year.

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Coffee Co. Cultivates Direct Trade Ties

RETAIL: Owner Makes Deals With Farmers, Also Does Own Roasting

It was a conversation with a very candid customer in the early 1990s that set Jeff Taylor, president and co-owner of Bird Rock Coffee Roasters Inc., out to find the best coffee in the world.

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PhaseBio Stock Jumps Following Good Results in Early-Stage Clinical Trials

PHARMA: Drug Used to Reverse Antiplatelet Activity

PhaseBio’s stock jumped March 18 after the company’s lead drug candidate showed promise in an early-stage clinical study.

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San Diego Co. Sees Increasing Demand for CBD Products

CV Sciences is cashing in on rising demand for cannabidiol, or CBD.

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French Pharmaceutical Giant Partners with CureMatch

BIOTECH: Local Co. Gains Global Reach In Sales, Marketing

CureMatch, a San Diego-based software startup that helps oncologists identify treatment options for patients, recently landed a big corporate partner.

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Startup Comma.ai Moves Its Headquarters to San Diego

TECH: Rising Tech Scene and Lower Cost of Living Draws Co.

Comma.ai, a startup developing driver assistance systems for everyday vehicles, has moved its headquarters from San Francisco to San Diego.

Silvergate Bank Sees the Ups and Downs of Cryptocurrency

BANKING: The Cryptocurrency Policy Is Drawing Customers

San Diego-based Silvergate Bank brought on new customers at the end of 2018, but saw its digital deposits decrease quarter-over-quarter. The crypto-friendly bank filed for an IPO last November, with a price target of $50 million.

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Engine Co. Acquisition Adds Key Component to Kratos UAV Program

AEROSPACE: Kratos Buying 80.1% of Co. With Option to Buy the Rest

Kratos Defense and Security Solutions Inc. continues to develop its unmanned aircraft business, as shown by its recent acquisition of a company that makes small jet engines in February, and the first flight of a drone in March.

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Viasat Prices $600M Senior Secured Notes

FINANCE: Proceeds to Pay Off Credit Facility Debt, And for General Purposes

Viasat Inc. is selling $600 million in senior secured notes due 2027 to institutional buyers, after originally planning for a $500 million bond issue, the company said March 21.

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ScaleMatrix Acquires Arizona Micro Data Center Company

ScaleMatrix, a San Diego-based company that offers high-density data centers, acquired Arizona-based Instant Data Centers on March 19. Instant Data Centers builds micro data centers for edge computing, which involves processing data as close as possible to the end user. The companies did not disclose the terms of the deal.

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Military Construction May Wait for Border Wall

San Diego County has its share of military construction projects that might take a back seat to construction of a wall on the U.S.-Mexico border.

Facilities, Food and Setting Give Event Space Selling Points

HOSPITALITY: Having Venue and Catering Changes Price Dynamic

When chef Nick Brune noticed a void in the San Diego event space market, he decided to expand his organic food catering business, Eco Caters, and open up private venues of his own.

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Urban Solace Restaurants Shut Down

Chef and owner Matt Gordon announced earlier this month on Facebook that Urban Solace restaurant, in North Park, and Solace & Moonlight Lounge, in Encinitas, will close their doors.

Big Games Bring $75M

The San Diego County Credit Union Holiday Bowl generated a huge economic impact in the county in 2018, according to a report prepared by San Diego State University Center for Hospitality and Tourism Research.

High-Rise Coronado Condominiums Give You a Top-Notch View

A distinctive feature of Coronado’s skyline for more than 40 years, the Coronado Shores high-rise condominium towers, adjacent to the iconic Hotel del Coronado, occupy some of California’s most prized beachfront settings.

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Location of New Library Brought Construction Challenges

ARCHITECTURE: Architects Tapped Craftsman Style

A $21.1 million new Mission Hills-Hillcrest Harley & Bessie Knox Library is both homage to the past and a warning for the future.

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Local Apartment Rent Increases Were Out of Fast Lane in February

San Diego apartment rents in February grew at the slowest rate in six years, according to a report from a national property management and real estate software company.

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