Sarah de Crescenzo
STARTUP: Cos. Need To Make Sure Culture, Style Are Good Match
Ecosystems of incubator and accelerator programs have sprung up in tech cities around the world in response to demand from entrepreneurs for launching pads for their endeavors.
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.
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.
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.
UCSD was the only local institution to make the list.
School is back in session and another “Uber for kids” startup has entered the San Diego market.
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.
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.
Dr. Linda Morrow, COO since 2009, becomes Prosciento's chief medical officer.
San Diego digital mortgage startup Approved has been acquired by credit-checking company Credit Karma.
Founded in 2012, Soci employs about 50 people in San Diego.
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.
Mitek's stock price dropped sharply on the news, closing at 15 percent lower than the day prior.
Los Angeles-based company has raised more than $20 million in financing, including venture capital money and an investment from a school bus contractor.
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.
Investment to bolster headcount, enhance capabilities.
Renovate's Benji division offers unsecured home-improvement loans.
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.
Organic coconut oil-based products maker previously raised $15 million in equity.
Hersh tasked with orchestrating delivery Relationedge services to wider range of clients.
Bank cites recent growth via acquisition, tax reform.
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.
Coworking space has proved popular with early-stage startups and small businesses.
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.
New office is part of broader expansion of private banking division, to grow by more than 20 new offices by 2022.
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.
Cybersecurity startup AttackIQ has closed a $5.5 million financing round led by Salesforce Ventures, CEO Stephan Chenette recently confirmed.
Airspace Technologies, a Carlsbad-based logistics startup, has raised $8 million in a Series A financing round.
PE firm GTCR bought GreatCall for an undisclosed amount in June of 2017.
Andy Taylor and Navtej Sadhal launched platform targeting prospective homebuyers in April 2017.
New bank branch will offer 'educational environment,' community room.
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.
Deckard Technologies Inc., headed by local serial entrepreneur Neil Senturia, recently raised just shy of $370,000 of a $500,000 offering.
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.
Company tests clients' cybersecurity software to determine if and how hackers could penetrate.
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.
Nick Bulcao and Ryan Rusnak founded Airspace in 2015.
San Diego Sport Innovators (SDSI), a business development organization for sports and active lifestyle startups, has expanded and rebranded its flagship accelerator program.
Dispute over patent pricing dates back to 2015.
Company announces new CEO, says CFO is leaving.
Winning proposal by Stefan Savage and Geoff Voelker was titled “Evaluating Security Outcomes: Applying Evidence-based Security to Improve Cybersecurity Risk.”
Ocean Beach resident Jarrod Russell, 35, has had an eclectic career.
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.
Joe Quinn, chief financial officer of defense contractor Epsilon Systems Solutions, needed to close a deal before year’s end.
Expansion follows company's public market debut in February.
Company is developing treatments for a broad range of diseases, including a variety of cancers and Alzheimer’s.
Acquisition increases Bank of Southern California assets to about $720 million.
Eset has its North America headquarters in San Diego. U.S. business makes up more than 20 percent of the company's global revenue.
Deal, anticipated to close in fourth quarter, would increase BofI deposits by more than one-third.