Sarah de Crescenzo

Staff Reporter

Phone: 858-277-6359 Extension: 3120

Recent Stories

Qualcomm Backs Startup Developing Battery-Free Bluetooth Beacons

The busy investment arm of Qualcomm Inc. has spied another startup it hopes will go big.

Startup’s Game Plan: Team Up With Fantasy Sports’ Players

TECH: Co. Profits By Selling Full Functionality Of Its Free Mobile App

Fantasy sports allow fans of professional competitors to build and manage teams as if they were their own.

Industry Disrupter Health IQ Raises $34.6M, Plans More Local Hiring

INSURANCE: Co. Gives Health Conscious Incentives Via Policies and Prices

IA life insurance startup co-founded by a UC San Diego computer science graduate has raised $34.6 million in Series C funding in a round led by top Silicon Valley venture capital firm Andreessen Horowitz.

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Petco’s Latest Acquisition is Local Co. PupBox

RETAIL: Subscription Service Another Element Of Expanding Offerings

San Diego-based specialty retailer Petco Animal Supplies Inc. has acquired PupBox, a monthly subscription service that sends out bundles of toys, treats, tools and training guides to puppy owners.

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Petco Sees Itself as Good Home for PupBox

San Diego-based specialty retailer Petco Animal Supplies Inc. has acquired PupBox.

Guild Mortgage Reports Q3 Loan Volume of $4.4B

San Diego-based Guild Mortgage reported total loan volume of $4.4 billion in the third quarter of 2017.

S.D. 'Google of Ganja' Entrepreneur Raises $1.7M For Search Engine Startup

Weedguide has landed its first outside funding.

Silvergate Bank Q3 Earnings Up

Strong loan production at good yields played a role in increased third-quarter earnings at Silvergate Bank in San Diego.

Know the Pieces, the Moves and The Timing of VC Funding Game

Having an innovative product or service isn’t enough. Neither is delivering a perfect pitch, showing evidence of ample industry experience or revealing a major undiscovered market opportunity.

Nonprofits Make Compelling Pitches

The Second Chance Youth Garden, a six-week job training program for people age 14 to 21, took first place in the San Diego Accelerator and Impact Lab (SAIL) Pitch Night on Oct. 24.

S.D. Entrepreneur to Pitch at WeWork’s Creator Awards

A San Diego entrepreneur is among 30 finalists invited to compete for $1.5 million in funding as part of co-working giant WeWork’s Creator Awards program. The initiative aims to award more than $20 million to those doing creative work across the globe.

Origin Code Academy Moves Most of Its Curriculum Online

TECH: Access Cited In Move as Sector Looks for Right Model

Origin Code Academy, a local participant in the popular yet tumultuous industry of coding boot camps, is moving its curriculum online.

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S.D. Entrepreneur Among Finalists Competing for $1.5M in Funding from WeWork

A San Diego entrepreneur is among 30 finalists invited to compete for $1.5 million in funding as part of co-working giant WeWork’s Creator Awards program.

Aquam Corp. Gets $26M in Growth Capital

Aquam Corp. has received $26 million in growth capital from NewWorld Capital Group LLC, a private equity firm with an environmental focus.

Youth Job Training Program Wins $10K on Pitch Night

The Second Chance Youth Garden took first place in the San Diego Accelerator and Impact Lab (SAIL) Pitch Night.

SDSU Entrepreneurs to Get Legal Help Through Partnership

San Diego State University, University of San Diego, and Duane Morris LLP on Nov. 3 launched a joint program that will pair SDSU entrepreneurs with law students and attorneys.

Procopio Expands to Nevada

San Diego County’s largest locally based law firm has expanded to Nevada, the fourth state in which it has at least one office.

Zodiac Pool Solutions Plans to Merge With Barcelona-Based Multinational Group

Zodiac Pool Solutions, the Vista-based manufacturer of residential pool equipment, plans to merge with a publicly traded Barcelona-based multinational group.

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Hera Labs Wins $50K in SBA contest

San Diego-based Hera Labs has won $50,000 from the U.S. Small Business Administration.

OK By Feds Puts Endeavor in Unique Position as a New Local Bank

BANKING: Experienced Team Will Focus on Consultative Banking

The team of bankers and business leaders behind a proposed new bank has received permission from federal regulators to open once it raises at least $25 million.

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For Women’s Health Company Uqora, Winning Pitch Is in the Pitcher or Glass

A San Diego resident who developed a drink mix to reduce the incidence of urinary tract infections recently took top honors — and $40,000 in capital for her startup — at a pitch competition hosted by the U.S. Small Business Administration.

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Soccer Team Gives Naming a Shot; For Hockey, It’s Gotta Be Gulls

SPORT: Sales Soar for Gulls as Connection To Past Pays Off

Like the Seals, another professional sports organization that is new to the San Diego region has recently undergone a similar naming process.

Teams Seal First Victory With the Right Names

SPORTS: Connecting Team, Public and Place Is Goal

A rose by any other name would, of course, still smell as sweet.

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BlueTech Incubator Debuts

The Maritime Alliance has launched a business incubator focused on ocean- and water-based industries.

Renovate to Cut 100 Workers Following Leadership Changes

FINANCE: It Is Part of Broad Restructuring Plan; Changes to Loans Pushed

San Diego-based home improvements financing provider Renovate America said Oct. 30 it will lay off nearly 20 percent of its workforce — 100 people — by year’s end.

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Endeavor Bank Gets Feds’ Go-Ahead

The team of bankers and business leaders behind a proposed new bank has received permission from federal regulators to open once it raises at least $25 million.

Monterrey Provision Co.'s Distribution Center in Otay Mesa to Close

Chicago-area food distributor KeHE Distributors LLC is closing the Monterrey Provision Co. distribution center in Otay Mesa and laying off 91 employees 18 months after acquiring the family-owned company.

BofI Adds Former Encore Capital CEO to Board

James Brandon Black joins board led by familiar face: former Encore CFO Paul Grinberg.

A former CEO of San Diego-based Encore Capital Group Inc., which buys and sells credit card debt, has joined the boards of directors of BofI Federal Bank and its parent company, BofI Holding Inc.

Renovate America to Cut 100 Employees

Layoff announcement follows significant leadership changes at the company, which connects homeowners with financing for home improvements.

North Island Credit Union Opens First North County Branch

North Island Credit Union recently opened its first North County retail branch in Encinitas.

ICW Group Insurance Cos. Names New COO and Strategic Execution Officer

ICW Group Insurance Cos., a San Diego-based group of property and casualty carriers, has hired John Novak as chief operating and strategic execution officer.

New San Diego Lacrosse Team Selects Sea Mammal Mascot

The San Diego Seals, the city's new National Lacrosse League team, plans to make its debut roughly a year from now.

BofI Holding Inc. Posts Net Income of $32.4 M in Past Quarter

The parent company of online bank BofI Federal Bank (BofI) reported this week net income of $32.4 million in the past quarter.

Spicing Up Chocolate

FOOD: CreativeApproach Translates into 3X Growth

Michael Antonorsi was in his teens when he wrote a bucket list of three activities: travel South America by car, train in France as a chef and sail to New Zealand.

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San Diego Private Bank Settling into New Beverly Hills Digs

BANKING: 5th Location May Be Cash-Flow Positive Within First 6 Months

Fewer than three months after San Diego Private Bank opened its first branch in Los Angeles County in the former West Coast headquarters of Time Magazine, the bank is expanding its 4,000-square-foot footprint by another 1,000 square feet.

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HomeStreet Counters Trend By Adding Local Branches

BANKING: Seattle-Based Company Sees Opportunity To Deepen Relationships

A Seattle-based community bank is expanding its brick-and-mortar network in San Diego while bolstering its online offerings, taking two paths in pursuit of success even as the number of banks and bank offices continues to shrink locally and nationwide.

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Shoe Co. Finds S.D. a Good Fit as Hub of U.S. Expansion

RETAIL: Algae Product Connection, PR Firm And Attitude Led to S.D.

Galahad Clark reaches under the table at Swell Coffee Co. in Del Mar and peels off one shoe.

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Seacoast Commerce's Q3 Net Income Impacted by Merger

Seacoast Commerce Bank reported recently that its net income in the third quarter, which ended Sept. 30, was about $1.43 million, 4.9 percent below a year ago.

VC Funding Up While Quantity of Deals Is Down in Q3

INVEST: Brain Corp.’s Series C Brings $114M; Strong Q4 Is Expected

Investments in emerging companies in San Diego were bigger but fewer in number during the third quarter compared with the same time last year.

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Opposites Attract in Merger of Seacoast, Capital Bank

BANKING: Traditional Commercial Bank Added To Seacoast’s SBA Focus

San Diego’s Seacoast Commerce Bank has completed its first acquisition. The merger with San Juan Capistrano-based Capital Bank, now a division of Seacoast, closed Oct. 1. The banks’ systems will be integrated Oct. 30, said Rick Sanborn, CEO of Seacoast.

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Reliant Funding Names Steven Kietz as Chief Marketing Officer

San Diego-based alternative lender Reliant Funding has hired Steven Kietz as chief marketing officer.

San Diego-Based eSUB Partnering With Software Co. Autodesk

San Diego-based eSUB Construction Software, a software-as-a-service company that provides subcontractors with project management and labor tracking programs, has partnered with San Rafael-based software company Autodesk Inc. to expand its offerings.

Shoe Co. Wants San Diego and U.S. to 'Live Barefoot'

A series of serendipitous events has inspired the company to make San Diego its hub for an expansion into the American market.

San Diego Private Bank's Parent Co. Reports Increase in Earnings, Assets

Private Bancorp of America, the parent company of San Diego Private Bank, announced an 8 percent year-over-year increase in quarterly earnings Oct. 18.

Karolyn Dale Name VP of Development for Junior Achievement of San Diego County

Junior Achievement of San Diego County (JA) has hired Karolyn Dale as the nonprofit organization’s new vice president of development.

Ernesto M. Arredondo Jr. Named Chief Banking Officer for Seacoast Commerce

Seacoast Commerce Bank has hired its first chief banking officer, longtime banker Ernesto M. Arredondo Jr.

Lorin Stewart Named Chief Executive of USO San Diego

Lorin Stewart, most recently head of LEAD San Diego, is USO San Diego’s new chief executive, the organization said Oct. 16.

San Diego Startups Raise More Than $300M in Q3

Investments in emerging companies in San Diego were bigger but fewer in number during the third quarter compared to the same time last year.

Innovative Industrial Properties Inc. Announces Preferred Stock Offering

Innovative Industrial Properties Inc., an investment company that aims to buy buildings and lease them to growers of medical marijuana, announced Oct. 12 that it is looking raise $15 million by selling 600,000 shares of preferred stock in the company at $25 per share.

From a Pep Rally to a President’s Speech, Anchor Audio Is There

PRODUCTION: Co. Keeps Up With Advances And Big Competitors

Any U.S. high schooler in recent decades who participated in any outdoor event would likely be familiar with Anchor Audio’s flagship product.

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