Elise Reuter

Reporter

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

Recent Stories

New Coworking Space, Incubator Set Up in UTC

STARTUPS: ThinkTank Launched First Cohort In December

Already a hub for San Diego’s startups, University City has landed a new coworking space and a new startup incubator.

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Brain Corp. Happy to Help Walmart Clean Up

By the end of January, retail giant Walmart will have 360 floor scrubbers powered by Brain Corp.’s AI technology. The BrainOS platform teaches commercial cleaning machines to become self-driving.

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Netradyne Will Work With Hyundai

Netradyne, a San Diego-based startup that makes software for commercial fleets, will work with its longtime partner to develop HD maps for self-driving cars.

Blueprint Equity Sets Its Sights on Secondary Markets

Two former Silicon Valley investors have launched a San Diego-based tech fund. Sheldon Lewis and Bobby Ocampo co-founded Blueprint Equity Partners, which focuses on investing in tech companies in secondary markets, outside of San Francisco, New York and Boston.

Seven San Diego Companies went Public in 2018

San Diego saw seven IPOs in 2018, largely dominated by life sciences companies.

Apple will open new San Diego site, employing 1,000

Apple Inc. plans to open a new site in San Diego, that will add 1,000 jobs over three years.

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JMI Equity Raises $1.2B for Ninth Fund

JMI Equity raised $1.2 billion for its ninth fund. It will continue to invest in fast-growing software companies.

Analytics Ventures Launches AI-Powered Trading Platform

Analytics Ventures, a San Diego venture studio, added an AI platform for stock trading to its portfolio.

Sensementrics Inc raises $10M with close of series A round

San Diego IoT startup Sensemetrics closed a series A round led by X2 Equity.

‘Most Innovative’ Products’ Are a Magnificent Seven

Connect, San Diego’s oldest startup accelerator, recognized seven companies with ground-breaking technologies on Nov. 29. This year’s winners designed products that are better, faster and stronger than the competition.

China Bans Some iPhones after Qualcomm Wins Preliminary Injunction

China banned the sale of several older iPhone models after a court found Apple violated two of Qualcomm's patents.

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Mitek Cuts Chief Operating Officer

Mitek Systems will cut its chief operating officer in January. Mitek also received a bigger offer from ASG Technologies, which has been looking to buy the company.

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CEO Meets, Defeats Challenges, Turns to Helping Others

From the dot-com bubble burst to selling her company, Kim Perell has seen a little bit of everything as an entrepreneur.

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Qualcomm to Cut 125 From San Diego Offices

Qualcomm will cut 125 employees from its offices in San Diego and Raleigh.

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H2bid’s Strategy Is to Become a Valuable Utility Player

TECH: Subscription Model Connects Vendors And Builders to Utilities

A lack of competition in bidding for utility projects drove Glenn Oliver to create his own business.

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Verimatrix Plans $143M Sale to French Security Company

French software company Inside Secure plans to acquire San Diego-based Verimatrix for $143 million.

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Following Misconduct Allegations, Lam Research CEO Leaves Qualcomm’s Board

Lam Research CEO Martin Anstice left the company due to misconduct allegations. The newly elected member will also leave Qualcomm's board.

Netradyne, Hyundai Team up to Make Maps for Self-Driving Cars

Netradyne, a San Diego AI startup focused on fleet safety, will partner with Hyundai to make HD maps for autonomous vehicles.

Logistics Startup Expects a Lot From Recent Series A Round

After closing a $20 million funding round, Airspace Technologies Inc. is getting ready for takeoff. The San Diego-based logistics startup closed a series A round led by Scale Venture Partners on Nov. 15.

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Seismic Taps Former ServiceNow CFO

TECH: CEO Says Too Early for Any IPO Decision

Seismic is laying the groundwork for big moves in the future. The fast-growing San Diego software company named its first chief financial officer in October.

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Qualcomm Hires New Chief Accounting Officer

Qualcomm Inc. hired its first chief accounting officer.

San Diego-based HCAP Partners Launches $150M Fund for Small Businesses

San Diego-based firm HCAP Partners is raising a $150 million fund to help small- and medium-businesses add jobs.

San Diego Startup Brings Brainy Cleaning Robots to Walmart

Brain Corp. will install its AI technology in hundreds of cleaning robots for a big national retailer.

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Qualcomm Ventures Wins at Supporting Role Backing Tech Startups

TECH: Makes Connections, Money Supporting Ecosystem

Qualcomm's core business relies on its ability to innovate and anticipate future technologies. But even a company of Qualcomm’s size can’t build everything. That’s where Quinn Li comes in.

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Connect Names 7 ‘Most Innovative’ Products

Connect honored seven companies with its "Most Innovative Product" award on Nov. 30.

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Qualcomm Notes: Possibility of going private, Apple settlement hopes, new AI fund

Qualcomm Inc.'s busy week included reports of a potential settlement with Apple, Paul Jacobs' hopes to take the company private, and a new $100M AI fund.

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Bank Files for IPO, Will Focus On Cryptocurrency Services

Silvergate Bank, a San Diego-based bank with a focus on digital currencies, is looking to go public. Parent company Silvergate Capital filed with the Securities and Exchange Commission on Nov. 16 to raise $50 million through an initial public offering.

Tech Startups May Need A Lawyer, Especially One With a LaunchPad

A little bit of extra space will allow San Diego law firm Procopio to expand its incubator for tech startups.

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Classy Breaks Giving Tuesday Record with $15.4M in Donations

Classy, a San Diego company that builds fundraising platforms for nonprofits, saw a record number of donations made to its clients on Giving Tuesday.

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Network Smooths Way for Tracking, Trading

TECH: Bulk of Funds Stem From ICO; Co. Issues Utility Tokens

Conference-goers streamed into the back of the conference room at the InterContinental San Diego. Decked out in branded T-shirts, socks and hats, they watched as XYO Network’s founders stood on the stage, lit up in pink and yellow.

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Qualcomm launches $100M AI fund

Qualcomm plans to invest $100 million into artificial intelligence startups, focusing on companies withe edge AI capabilities.

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Seismic Taps CFO Who Helped Take ServiceNow Public

Seismic hired John McCauley, the former director of finance for ServiceNow, as its first CFO.

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Brain Corp., SoftBank Team up to Build Robotic Vacuum

San Diego-based AI startup Brain Corp. plans to launch a new autonomous vacuum cleaner in Japan.

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Mitek’s CFO Walks Back Resignation

Mitek System's CFO rescinded his resignation from the San Diego software company.

With Office Expansion, Procopio Seeks More Startups for LaunchPad Incubator

Procopio is seeking more startups to join its incubator for tech startups, LaunchPad.

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Symbotic Closes Oceanside Plant

Symbotic, a company that develops autonomous robots for warehouses, will close its plant in Oceanside.

Lab Gives Startups Direct Route to Airport

TRAVEL: Incubator Looks to Help Cos. and Airports Tap Innovation

A small crowd filed in between the baggage claim and ticket desks at the San Diego International Airport. It wasn’t part of the airport’s annual Thanksgiving rush, but arrived instead to watch five startups deliver their pitches.

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Local Startups in Airport Innovation Lab Tackle Parking and Baggage

The San Diego International Airport is looking to make parking, and hauling luggage between trips, less of a pain. Its new Airport Innovation Lab graduated its first cohort of startups Nov. 14, all of which focused on improving one of these two pain points.

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Founders Share Their Funding Strategies

Finding funding is tough. The challenge can be especially daunting as a startup seeking its first investor to write a check. Four San Diego founders shared their advice for landing that first deal.

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ScaleMatrix, HPE Open High-Performance Computing Center

ScaleMatrix, a San Diego-based data center company and provider of colocation services, launched a partnership with Hewlett Packard Enterprise (HPE) on Nov. 13.

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Certona Eyes Adjacent Markets, International Expansion

Years of steady growth carried Certona from its beginnings as a tech startup in small warehouse space to one of San Diego’s top software companies.

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AttackIQ Names New CEO

A San Diego cybersecurity company named a new CEO on Nov. 20, after making its founder chief technology officer of the company.

San Diego bank with a crypto focus files for $50M IPO

Silvergate Bank's parent company, Silvergate Capital, filed for a $50 million IPO on Friday.

Company Adds Fifth Ingredient to Beer: Data

SOFTWARE: More Than 100 Data Points Tracked In Brewing Biz Processes

Water, hops, grain and yeast. Pulkit Agrawal became familiar with beer’s four main components while working for San Diego’s largest brewery, Ballast Point.

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Mitek’s Activist Investor Pushes for Exemption from 'Poison Pill'

Elliott Management Corp., the activist investor whose portfolio company is trying to acquire Mitek Systems Inc., urged Mitek to lift a measure that could prevent a hostile takeover.

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Carlsbad Logistics Startup Takes Off with $20M Funding Round

Airspace Technologies, a Carlsbad logistics startup, closed a $20M series B round.

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Qualcomm and Apple Playing With Fire in Lawsuits

LEGAL: Key Legal Rulings Are Expected in 2019

Qualcomm Inc. and Apple Inc.’s all-out patent war faces a legal crossroads next year.

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San Diego VCs Hit the Road in Investment Show

Four San Diego investors launched their own reality TV show, "VCs in a Van," showing how startup investments take place offstage.

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The Missed Opportunities From A Lack of Diversity Are Costly

Leaders of San Diego startup and investment organizations shared what they are working on to advance representation through their work, and what opportunities they see in San Diego. They shared their thoughts during a Nov. 13 panel discussion hosted at Connect’s offices downtown.

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ScaleMatrix, HPE, open high-performance computing center in San Diego

San Diego data center company ScaleMatrix will partner with Hewlett Packard Enterprises to open a new center for hybrid high-performance computing.

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