Connect CEO Greg McKee is leaving the San Diego accelerator to co-found Torrent Ventures.
San Diego sales software companies started 2019 off strong, with Seismic reporting $100 million in revenue, another notch toward a potential IPO. A younger software startup, LionDesk, also has ambitious plans.
TECHNOLOGY: Qualcomm Moves on Automotive Business as Smartphone Sales Slow
Look closely enough, and you might see Qualcomm Inc. testing self-driving cars on its Sorrento Valley campus. The San Diego-based chipmaker acquired a testing permit from the Department of Motor Vehicles in 2017, and converted a vacant parking lot into a roundabout to take its technologies out for a spin.
Portfolium sold to Salt Lake City-based education software company Instructure for an undisclosed amount.
STARTUPS: San Diego Accelerator Teams Up With Viasat, Cubic for Program
San Diego tech accelerator EvoNexus has gained a new corporate backer. Cubic Corp., a San Diego company that develops defense and transportation systems, will join the accelerator for the first time to launch an application round with Viasat Inc.
Hera Hub will open a new coworking space in Temecula.
FINANCE: Company Is Able to Avoid Harsh Penalties for Delinquencies
An under-the-radar San Diego e-commerce startup is looking for creative solutions to provide credit for underbanked customers.
JuneShine, a one-year-old kombucha startup, moved into Ballast Point's former Scripps Ranch facility after closing a seed round of funding.
Qualcomm sold its Qualcomm Halo IP assets to WiTricity.
TuSimple, a self-driving truck company, became the latest San Diego startup to be valued above $1 billion.
LEADERSHIP: Recruitment, Inclusion Efforts Vital to Success
As chief operating officer of Sony Electronics in Rancho Bernardo, Mike Fasulo has one focus: developing the next generation of talent and leadership at Sony.
Qualcomm Life was sold to private equity firm Francisco Partners. It will be renamed Capsule Technologies.
After Qualcomm Inc. bought his first startup for $300 million, a company that made wireless chipsets, Wilocity founder Tal Tamir had another big idea. His newest company, Wiliot, is focused on making tiny, sticker-sized Bluetooth sensors that can be sold at less than a cent apiece.
After Jonathan Spangler’s San Diego-based guitar startup made its big debut in America’s Music City, Spangler is gearing up to manufacture and sell his first products this summer. His company, Ciari Guitars, creates professional-quality, foldable guitars designed to fit into the carry-on compartment of an airplane.
The Alliance Healthcare Foundation is offering a $1 million prize for health innovations for vulnerable populations in San Diego and Imperial Counties.
Teradata saw a larger portion of its revenues come from subscriptions last year, as the company pushes toward a SaaS model.
Apple may look at developing its own modems, according to a Feb. 7 report.
Hera Labs graduated 24 women from its program for female entrepreneurs
FINANCE: Incentives May Come Up Short for Some Cos.
The decision of where growing San Diego companies should file their patents became more complex, thanks to tax policy changes that went into effect last year.
After graduating its first cohort of startups last April, Techstars Anywhere will return for a second year.
San Diego ecommerce company Zebit passed 300,000 users at the end of January.
Taylor Cavanah’s company got its first big break after he took his dog to the vet.
Seismic Software passed $100 million in revenue at the end of 2018.
Oliver Ratzesberger was promoted from chief operating officer of Teradata to CEO on Jan. 14. Teradata provides database and analytics products to large corporations, such as Comcast, eBay and Coca Cola. Last year, the company moved its headquarters from Dayton, Ohio, to San Diego.
A court in Munich tossed out four of Qualcomm's patent cases against Apple Inc.
Zingle raised $11 million from PeakSpan Capital, that it will use to build out its messaging platform for the hospitality industry.
Qualcomm's CEO continues to forecast the company will reach a resolution to its legal battle with Apple in 2019.
San Diego’s coworking market shows no sign of slowing, as established names and new faces alike continue to open more shared office space throughout the metro. But one Carlsbad company is chasing after an even broader target: big enterprises.
The Southern California Regional Energy Innovation Network won a $1.5 million grant to expand its programs
TRADE: U.S.-China Trade War Takes Toll on Mid-Size Cos.
Juiced Bikes celebrated opening its first factory in China just over a year ago. The electric bike company, which has about 20 employees at its Chula Vista headquarters, had big plans for growth.
The outcome of the Federal Trade Commission’s antitrust trial could ultimately change how Qualcomm Inc. licenses its technology to device-makers. It could also set the tone for how Qualcomm approaches one of its biggest customers, Apple Inc.
Santa Monica-based Cross Campus acquired DeskHub, a coworking company with offices in Little Italy.
Small businesses in San Diego account for the majority of its workforce, about 59 percent, according to a new study.
Qualcomm CEO Steven Mollenkopf was granted $6 million in stock options tied to the company's performance.
Trust & Will, a San Diego company with an online system for creating trusts, wills and other estate-planning paperwork, raised $2 million in seed funding.
Attack IQ, a San Diego cybersecurity company, added a new chief information security officer and vice president of engineering.
WORKFORCE: Hiring Is Leading to Battle of Benefits and Amenities
The competition for tech talent is heating up in San Diego. With more corporate giants establishing offices in the area, local companies are having to go the extra mile to attract experienced engineers.
PetDesk, a San Diego platform for veterinarians, raised $12 million to expand to groomers.
Matt Ellis founded Measurabl in 2013. A former director of sustainability solutions for commercial real estate company CBRE, he created Measurabl based on the challenges he encountered in getting accurate sustainability data. The company’s software is designed to generate accurate, easy-to-read reports for real estate companies, by automatically pulling in utility and waste data and other metrics.
AlwaysAI, a Solana Beach company that makes tools to help developers use deep learning computer vision, raised $4 million in a series A round.
Home Bay Technologies, a San Diego-based digital real estate company, raised $13.5 million in a Series A round.
TuSimple, a San Diego-based company that makes self-driving trucks, will grow its fleet of autonomous haulers from 11 to 40.
After raising $140 million last year, Applied Data Finance closed another $17.8 million in a follow-on round.
CommonGrounds, a Carlsbad-based coworking company, plans to use the series A funding to add 50 locations.
TECH: Platform Connects Sensors, Aggregates Data Into Actionable Analysis
Most consumers are familiar with in-home IoT devices, such as smart doorbells and voice assistants.
Wiliot, which is making sticker-sized Bluetooth sensors, raised $30 million in a series B round.
After a record-breaking 2018 for venture capital, San Diego companies brought in one last present before the end of the holiday season, closing several substantial funding rounds.
PROPERTY: Big, Small Cos. Find Various Appealing Features
San Diego entrepreneurs have plenty of options to choose from when deciding where to rent a desk.