Sarah de Crescenzo

Staff Reporter

Email: sarahd@sdbj.com
Phone: 858-277-6359 Extension: 3120

Recent Stories

Startups Commit Equity Stake to EvoNexus

Four new startups have been accepted into the EvoNexus incubator program, and the founders of each have agreed to give the nonprofit organization a stake in their companies in exchange for participation.

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Startups Reporter's Notebook: UCSD Ranked 26 for Its Entrepreneurial Efforts

UC San Diego has again landed at No. 26 on Pitchbook’s annual list of the top 50 universities that are producing venture capital-backed entrepreneurs.

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Bots Bring Design, Data and New Possibilities To Role in Security

A former truck repair lot next to an unassuming three-bedroom on a backstreet in El Cajon has been transformed into a testing site for a two and a half foot tall, ATV-like robot that thanks to a pair of front-facing lights brings to mind the lovable Pixar character Wall-e.

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UCSD Ranked Among Top 50 Universities For VC-Backed Entrepreneurs

UCSD was the only local institution to make the list.

Beauty Brand Reports Debt Financing

Kopari Beauty has raised $4.6 million in debt financing, according to a recent filing with the U.S. Securities and Exchange Commission by parent company Koco Life LLC.

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Competition Heats Up For Student Rideshare

School is back in session and another “Uber for kids” startup has entered the San Diego market.

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EvoNexus Adds Cubic As Corporate Sponsor

EvoNexus has diversified the ranks of its “strategic partners” – the corporations that pay the nonprofit organization’s bills plus contribute in other ways in exchange for early looks at the companies incubating there.

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Clinical Research Organization Prosciento Names New COO

Dr. Linda Morrow, COO since 2009, becomes Prosciento's chief medical officer.

Credit Karma Acquires Digital Mortgage Startup

San Diego digital mortgage startup Approved has been acquired by credit-checking company Credit Karma.

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Soci, Which Manages Brands' Social Media, Raises $10.5M Series B

Founded in 2012, Soci employs about 50 people in San Diego.

WalmartLabs to Add To Tech Momentum

TECH: Local Expansion Seen As Catalyst for Inflow of Talent

San Diego Venture Group, founded more than 30 years ago, this year held its first-ever event in North County.

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Mitek Says CEO, CFO Are Leaving

Mitek's stock price dropped sharply on the news, closing at 15 percent lower than the day prior.

Hopskipdrive, Startup Offering Ride-Sharing for Kids, Enters S.D. Market

Los Angeles-based company has raised more than $20 million in financing, including venture capital money and an investment from a school bus contractor.

Altegris’ Merger Opens Access to Alternative Investing

FINANCE: Artivest’s Platform Gives Investors Needed Tool

Picture a shopping cart full of reams of documents. Now picture a FedEx plane full of those carts.

S.D.'s Brand Value Accelerator Acquired By August Spark

Investment to bolster headcount, enhance capabilities.

Renovate America Tops $160M in Home-Improvement Loans Sold

Renovate's Benji division offers unsecured home-improvement loans.

Reporter’s Notebook: Startups Make Wise Investment Of Time at Venture Summit

Earlier this month, an oft-heard refrain in San Diego startup circles — “there aren’t enough venture capitalists in town!” — rang false, at least for a couple of days.

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Kopari Beauty Raises $4.6M in Debt Financing

Organic coconut oil-based products maker previously raised $15 million in equity.

Relationedge, Salesforce Implementation Partner, Names First COO

Hersh tasked with orchestrating delivery Relationedge services to wider range of clients.

Seacoast Commerce Bank Hikes Quarterly Dividend 12.5 Percent

Bank cites recent growth via acquisition, tax reform.

Reporter's Notebook: Hera to Help Women’s Business Center

Hera Labs, a San Diego-based accelerator program for women-led startups, recently announced it would offer clients of the San Diego & Imperial Women’s Business Center (WBC) in National City access to its curriculum and training.

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Liberty Station's Moniker Group Expands Commons Coworking Space

Coworking space has proved popular with early-stage startups and small businesses.

Executive Q&A: Matt Kite, Cerna Solutions CEO

Matt Kite moved to the U.S. from the U.K. in 2004. Today he employs more than 30 people at Cerna Solutions, which he established in 2012 to provide implementation services for companies looking to use the cloud-based IT services offered by tech giant ServiceNow.

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JPMorgan to Open Private Bank Branch in San Diego

New office is part of broader expansion of private banking division, to grow by more than 20 new offices by 2022.

Algorithms Give Lender a Less Risky Business

FINANCE: Tech Opens Data Door on Borrowers; Co. Secures $145M

A San Diego-based online lender that employs 40 data scientists that guide its lending decisions recently secured $145 million to expand its business, which makes unsecured personal loans to borrowers with blemished or little credit history.

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AttackIQ Closes $5.5M Financing Round

Cybersecurity startup AttackIQ has closed a $5.5 million financing round led by Salesforce Ventures, CEO Stephan Chenette recently confirmed.

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Logistics Startup Lands $8M in Series A

Airspace Technologies, a Carlsbad-based logistics startup, has raised $8 million in a Series A financing round.

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San Diego's GreatCall Acquired By Best Buy For $800M

PE firm GTCR bought GreatCall for an undisclosed amount in June of 2017.

Approved, Digital Mortgage Startup Launched By Redfin Alumni, Acquired By Credit Karma

Andy Taylor and Navtej Sadhal launched platform targeting prospective homebuyers in April 2017.

U.S. Bank to Relocate Little Italy Branch to East Village

New bank branch will offer 'educational environment,' community room.

Co. Creates Platform to Facilitate and Follow In-Store Transactions

TECH: Co. Creates Platform to Facilitate and Follow In-Store Transactions

As much as companies assert their uniquenesses, some users see little difference between using Uber or Lyft to hail a ride via smartphone or Livingsocial instead of Groupon for local deals.

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Reporter’s Notebook: Senturia Setting Up Company

Deckard Technologies Inc., headed by local serial entrepreneur Neil Senturia, recently raised just shy of $370,000 of a $500,000 offering.

Company Success Will Be Community Success at New Accelerator

ECONOMY: City-Funded Program Aims for More Diversity, Opportunity

The second floor of the Joe and Vi Jacobs Center in southeast San Diego feels familiar and anodyne, like a place you’d go to get help with your taxes or attend a Toastmasters meeting.

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Cybersecurity Startup AttackIQ Raises $5.5M in Salesforce Ventures-Led Deal

Company tests clients' cybersecurity software to determine if and how hackers could penetrate.

Software Startup Seismic Reports Triple-Digit Revenue Growth

Sales and marketing enablement company says its platform played a role in 11 million of sales interactions in the first six months of the year.

Airspace Technologies Raises $8M For 'Next-Gen' Delivery Network, Software Platform

Nick Bulcao and Ryan Rusnak founded Airspace in 2015.

Sport Innovators Ups Its Game To Help Cos. and Entrepreneurs

San Diego Sport Innovators (SDSI), a business development organization for sports and active lifestyle startups, has expanded and rebranded its flagship accelerator program.

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Qualcomm Settles Patent Dispute With Taiwan For $93M

Dispute over patent pricing dates back to 2015.

Pico Holdings to Exit La Jolla Amid Management Shakeup

Company announces new CEO, says CFO is leaving.

Facebook Awards UCSD Team $75,000 For Cybersecurity Research

Winning proposal by Stefan Savage and Geoff Voelker was titled “Evaluating Security Outcomes: Applying Evidence-based Security to Improve Cybersecurity Risk.”

HEROFi Announces $3.5M Debt Financing

Money to be used as working capital to fuel expansion.

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Startup S.D. Looks for Impact From New Leader

Ocean Beach resident Jarrod Russell, 35, has had an eclectic career.

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Both Sellers and Buyers Seeing Opportunity in Hot M&A Market

FINANCE: Conditions Seen As Continuing Through 2019

A University City-based investment bank that advises companies on mergers and acquisitions has beefed up its roster in expectation of a surge of M&A activity.

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S.D. Bankers Help Umpqua Bank Make the Connections For Banking Relationship Success

Joe Quinn, chief financial officer of defense contractor Epsilon Systems Solutions, needed to close a deal before year’s end.

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One Stop Systems, Computing Systems Maker, Expands Escondido Headquarters

Expansion follows company's public market debut in February.

Samumed, San Diego Biotech Developing Regenerative Drugs, Announces $438M Financing Round

Company is developing treatments for a broad range of diseases, including a variety of cancers and Alzheimer’s.

Bank of Southern California Completes Americas United Acquisition

Acquisition increases Bank of Southern California assets to about $720 million.

Eset Taps Former Ingram Micro Exec to Head North America Region

Eset has its North America headquarters in San Diego. U.S. business makes up more than 20 percent of the company's global revenue.

BofI Federal Bank Agrees to Acquire $3B in Deposits from Nationwide Bank

Deal, anticipated to close in fourth quarter, would increase BofI deposits by more than one-third.

Three EvoNexus Startups Have Something to Work With: Money

Three local startups based at EvoNexus’ La Jolla office have quietly raised funds this year. It was the first financing each of the companies reported having raised.

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