Elise Reuter

Reporter

Email: ereuter@sdbj.com
Phone: 858-277-6971

Recent Stories

Coworking Company Industrious to Open Two San Diego Locations

Industrious, a big coworking company that recently raised $80 million, plans to open its first two San Diego locations.

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Me Too Movement Goes to Work

LEGAL: Harassment Laws Get Tougher in Protecting Workers

At the prestigious Salk Institute for Biological Studies in Torrey Pines, three female researchers had sued the organization for gender discrimination. Scientists Katherine Jones, Vicki Lundblad and Beverly Emerson filed lawsuits in 2017, claiming they were not given the same access to grant funding, salaries and promotions as their peers.

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Judge Rules Qualcomm's Licensing Practices Violated Antitrust Law

After months of deliberation, a U.S. District Judge found that Qualcomm's licensing practices violated antitrust law.

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Employers Must Set the Tone for the Workplace

WORKFORCE: Policies And Protocols Must Be Announced, Instituted

New laws alone won’t be enough for substantive change. Companies also have to set a tone from the top for a good workplace.

TuSimple Launches Pilot with U.S. Postal Service

TuSimple, a startup developing self-driving trucks, will run a two-week pilot program with the U.S. Postal Service.

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Procopio’s LaunchPad To Host 5 Startups

LEGAL: Incubator Includes Legal Services Office Space, IP Advice

After expanding its offices earlier last fall, Procopio is hosting five startups at its LaunchPad incubator at the firm’s Del Mar Heights location. The nine-month program provides technology startups with office space and legal services, including assistance with valuation and intellectual property protection.

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Tealium Closes $55M Funding Round

TECH: Customer Data Platform Casts Big Net Across Systems

San Diego-based software company Tealium closed a $55 million funding round May 15. The new funds will help Tealium grow as the competition heats up Chief Financial Officer Doug Lindroth said.

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First 13 Startups Join New Accelerator in Southeast San Diego

Connect All @ the Jacobs Center named the first 13 startups that will participate in the new accelerator.

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Tiled Raises An Additional $1.5M, Hires Former Adobe Exec

Tiled, a startup that lets users make interactive marketing content, raised a $1.5 million seed round led by Kickstart Seed Fund.

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Tech Coast Angels Invest $10.8 Million in 2018

FUNDING: Investment Cycle Could Be Reaching Its End, Chairman Says

Tech Coast Angels, an angel investment group with five chapters across Southern California, invested $10.8 million into 58 startups last year. The total amount invested decreased slightly from 2017, when the group invested $14.2 million into 43 companies.

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Former Boston Scientific Exec Joins Medical Device Incubator

Rob Abrams, a former executive with Boston Scientific and investor with Sanderling Ventures, will join medical device incubator Evolve MedTech as partner.

Nonprofits Pitch Their Products at SAIL Event

Four nonprofits pitched their businesses after graduating from Mission Edge's Social Enterprise Accelerator and Impact Lab.

San Diego Software Tealium Raises $55 Million

Tealium raised $55 million in a series F round that closed on Wednesday.

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Section 32 Makes Its First San Diego Investment

TECH: VC Led $5.3M Round for MedCrypt

Section 32, the local venture fund started by former Google Ventures founder Bill Maris, made its first San Diego investment May 7. The firm led a $5.3 million Series A round in MedCrypt, a San Diego cybersecurity startup that helps medical device vendors ensure their devices are secure. Previous investors Eniac Ventures and Y Combinator also participated in the round.

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Qualcomm Strikes 5G Licensing Deal with Nokia Owner

HMD Global, which makes Nokia phones, signed a licensing agreement with Qualcomm to be able to use its 5G technologies.

Executive Q&A: Silvia Mah, Connect With SDVG

STARTUP: Leader Tells Cos. to Start Taking Action Within Weeks

Silvia Mah joined Connect as its president and chief operating officer in March. The nonprofit, which recently merged with San Diego Venture Group, hosts one of San Diego’s oldest accelerator programs, Springboard.

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Qualcomm Gives Execs Big Stock Bonus After Apple Settlement

Steve Mollenkopf was awarded 40,794 fully-vested shares of company stock.

Tech Coast Angels Invested $10.8 Million in 2018

Tech Coast Angels invested $10.8 million into 58 startups last year. The investment group also saw six exits.

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Qualcomm Gives Executives Big Stock Bonus After Apple Settlement

CEO Steve Mollenkopf will see about $3.5 million in stock awards after a settlement with Apple.

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Inseego Sees Revenues Grow with More 5G Customers

San Diego-based Inseego saw its revenues increase in the first quarter of 2018.

Procopio Brings Five Startups into Launchpad Incubator

Procopio opened its launchpad incubator to five startups in the San Diego area.

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Health Data Startup LunaDNA raises $4.6 million

LunaDNA, which is building a platform for users to share their health data, closed a $4.6 million round.

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Section 32 Leads $5.3M Investment in MedCrypt

MedCrypt, a medical device security startup, raised $5.3 million led by local VC firm Section 32.

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Vision of an Industrial Internet Draws Dollars

TECH: Wireless Links Give Factories Productive Potential

Tiny chips embedded in packages. Networks spanning roadways and dams. These are just a few of the technologies that a growing number of San Diego startups are enabling.

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$3M Funding Round Gives GoMeta Some Creative License

GoMeta, a San Diego startup that makes it easy for users to build their own augmented reality games and mobile apps, closed a $3 million funding round on April 23. The company drummed up some big-name investors, including e-sports investment fund Bitkraft, Next 10 Ventures, Moonshots Capital and former Walt Disney Co. CEO Michael Eisner.

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Earnings: Teradata Revenue Slumps as it Shifts to Subscription-Driven Business

Teradata reported revenues of $468 million in the first quarter, and a net loss of $10 million.

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Qualcomm to Get $4.5B from Apple Settlement

TECH: Co. Anticipates Lump Sum Payment, Decreased Legal Costs

Qualcomm Inc. expects to net between $4.5 billion and $4.7 billion from its settlement with Apple Inc., according to the company’s May 1 earnings report.

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Groups Combine to Better Connect With Startups and Investors

Two startup organizations with a long history in San Diego have tied the knot. Connect, San Diego’s oldest startup accelerator and San Diego Venture Group merged on April 25.

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EvoNexus Saw 6 Exits, $226M in Funding in 2018

EvoNexus saw six portfolio company exits, including EdicoGenome's $100 million acquisition by Illumina.

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Roles Must Be Defined in Family-Owned Startups

STARTUPS: Mutual Goals, Greater Understanding Of Work Styles Are Pluses

Aquaai CEO Liane Thompson and her family spent two months on a tiny island in the Arctic Circle last summer, running 3-D printers, coding and putting together robotic fish.

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Qualcomm to get $4.5B from Apple Settlement

Qualcomm expects a payment of $4.5 to $4.7 billion from Apple next quarter as part of the two companies' settlement.

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San Diego FinTech Startup Trovata Raises $5.5M

Trovata, a software startup automating cash management for corporations, raised $5.5 million from Fintop Capital and JP Morgan Chase.

LunaDNA Brings in Second Partner with Genomelink

LunaDNA struck a partnership with Genomelink that would allow its users to share their DNA data.

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Selling Some Shut-Eye Is A Wide Open Market

Weary airport passengers uncomfortably draped over metal seats. Sleepy students dozing off in the library over their notes for final exams. These were just a few of the people Nikolas Woods had in mind when he started his new company, Hohm.

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Report: Apple Sought to Acquire Intel’s Smartphone Modem Business Before Settling with Qualcomm

Apple had been in talks with Intel to acquire its 5G smartphone modem business since last summer, according to a report by the Wall Street Journal.

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Ad Astra’s Third Cohort Has Some Strong Potential

Ad Astra Ventures, an accelerator focused on developing women-led startups, announced its third cohort on April 17. The Solana Beach-based program welcomed three new companies: Outside Financial, Navega Therapeutics and Domaine Santé.

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Company Fills the Need to Integrate Software

Tech: Perspectium Raises $8M in Series B; Marquee Clients on Board

ServiceNow was the perfect San Diego success story. The cloud computing giant, now with a market cap of $43.81 billion, was one of a handful of technology firms in the area to go public.

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Selling Some Shut-Eye Is A Wide Open Market

Weary airport passengers uncomfortably draped over metal seats. Sleepy students dozing off in the library over their notes for final exams. These were just a few of the people Nikolas Woods had in mind when he started his new company, Hohm.

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Connect and San Diego Venture Group Merge

Connect and San Diego Venture Group merged on April 25, with Mike Krenn serving as CEO and Silvia Mah serving as president and COO of the combined organization.

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Aquacycl Helps Food and Beverage Cos. Deal With Sludge

Most San Diegans can appreciate a good glass of beer. But few think about what’s left after the brewing process.

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Startup Founded by Former MySpace Exec Raises $3M

GoMeta, an app development startup, closed a $3 million seed round on Tuesday.

ServiceNow Founding Developer’s New Startup Raises $8M

Perspectium, a Rancho Bernardo startup created by a co-founder of ServiceNow, raised $8 million in a Series B funding round.

TECH: Settlement Puts Qualcomm Back In 5G Driver’s Seat

The announcement that shook the tech world last week immediately brightened Qualcomm Inc.’s future.

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Industries Chart New Paths Via Innovation

TECH: Conference Follows Cos. Focus In Applying Technology

At the Rady School of Management’s annual technology conference at UC San Diego, about 200 students, technology workers and leaders joined to discuss technology trends.

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Cullgen Raises $16M in Series A For Cancer Fighting Treatments

Cullgen, a San Diego-based biotechnology company, raised $16 million in a Series A funding round led by Sequoia Capital China and HighLight Capital.

Airport Innovation Lab Selects Diverse Lineup for Cohort

Five new startups will join the San Diego International Airport’s accelerator program this summer. The Airport Innovation Lab picked companies for its second cohort since it launched the program in 2018.

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Ad Astra Ventures Launches Third Cohort with Three San Diego Founders

San Diego accelerator program Ad Astra Ventures welcomed three female-led startups into its third cohort this summer.

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Executive Q & A: Greg McKee, Torrent Ventures

A new fund in town is looking to support health software companies from San Diego to Los Angeles. Greg McKee launched Torrent Ventures in February after serving as CEO of nonprofit startup accelerator Connect for five years. In his new venture, he will team up with Los Angeles investment advisor Luke Hayes to help fund early-stage digital health companies in Southern California.

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Getting With The Programs: Schools and Others Make Group Effort to Create Local Talent Pipeline

WORKFORCE:

San Diego’s got talent. Large tech firms Apple Inc. and Teradata Corp. cited it as the main draw when they announced plans to open new offices in the area, and a host of startups have also relocated down the coast, in hopes of being able to attract more workers.

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Local VC Investments Don’t Keep 2018 Pace, But They’re Trying

After raising near-record amounts in 2018, San Diego startups continued to draw big investments into the new year.

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