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.
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.
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.
The San Diego Padres will commemorate 50 years in the city this year.
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.
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.
CV Sciences is cashing in on rising demand for cannabidiol, or CBD.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.