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Fruition Gets $12M For ServiceNow Implementation Services

socalTECH

in funding, in an interesting indication of the growing ecosystem around San Diego-based ServiceNow. Fruition--based in Chicago--said the Series A funding for the firm was led by Trident Capital, and specifically comes due to "rapid expansion and market demand" for ServiceNow's product. READ MORE>>.

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Mitchell International Gets Private Equity Funding

socalTECH

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced. Goldman Sachs & Co. LLC and Morgan Stanley & Co.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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Qualcomm Buys iSkoot

socalTECH

San Diego-based Qualcomm Innovation Center, Inc. iSkoot Technologies includes substantially all of the assets of San Francisco-based iSkoot, a developer of social networking and Skype-compatible voice-over-IP software for mobile phones. Financial terms of the buy were not disclosed. READ MORE>>.

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How DogVacay Literally Saved my Thanksgiving

Both Sides of the Table

Every year my family meets in San Diego for Thanksgiving. Panic ensued as we couldn’t bring the dogs to San Diego and my brother’s three kids look forward to this great trip all year. They can read reviews, see pictures and even talk to the family before confirming. The Background. “Oh s**t.”

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Graphcore Scores $200M to Scale Up A.I. Chip Production

Xconomy

Graphcore’s big haul is a notable milestone in the recent revival of investor interest in computer hardware, due to the demand for ever-greater processing capacity that can maximize the potential of. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

This concentration is partly due to natural causes – successful startups spawn other successful startups. Partners at large venture firms generally believe that Orange County is the ideal geography for medical devices, San Diego for telecom and life sciences (along with Boston) and Silicon Valley for everything else.