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SanDiego Gas & Electric (SDG&E), the electric and gas utility which serves the SanDiego region, says it is pledging to reach net zero greenhouse gas (GHG) emissions by 2045. SDG&E called getting to net zero GHG emissions by 2045 a "moonshot challenge".
SanDiego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market.
SanDiego-based Active Network has filed for an IPO, saying in its S-1 that it is looking to raise up to $150M. The firm said it had a net loss of 37.8M in 2009, and a net loss of $18.18M on revenues of $188.5M The firm is venture backed by ESPN, Canaan partners, ABS Ventures, as well as others. on revenues of $242.8M
SanDiego-based ACTIVE Network is expanding its footprint in the parks and recreation management market, reporting this morning that it has signed up the cities of Phoenix, Portland, and Denver as customers of its ACTIVE Net software. Financial impact of the wins were not announced.
SanDiego-based Peregrine Semiconductor , the developer of CMOS RF integrated circuits, updated its S-1 filings Friday, saying that it had a net loss of $1.0M That compares with net income of $1.0M on revenues of $21.2M for the three months ended March 26, 2011. on revenues of $22.9M for the similar quarter in 2010.
SanDiego-based Geneva Healthcare has raised $1.8M The company said the funding came from high net worth individuals, including cardiologists, physicians and successful technology entrepreneurs.
SanDiego-based Active Network , the operator of sports registration and online community sites, said in a filing today that it had a net loss of $10.9M Revenues were up 15% from the quarter ending March 30, 2010, when the firm reported a net loss of $12.4M on revenues of $72.71M for the three months ended March 31, 2011.
SanDiego-based electricity and energy provider Sempra Energy announced this morning that it is in a Memorandum of Understanding (MOU) with the U.S. Sempra Energy is the parent company of SanDiego Gas & Electric CO. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL).
The federal net neutrality regulation, which had guaranteed equal access to the Internet for data from all sources, is officially repealed. The Web won’t change overnight, but over time we’ll start seeing subtle signs of net neutrality’s demise that will gradually make a more pronounced impact on our daily digital lives.
SanDiego-based Arcturus Therapeutics , a developer of RNAi technology, said it has raised $5M in a Series A funding round. According to Arcturus, the funding came from multiple private capital,, high net worth investors from Canada, Japan, and the United States. Names of those capital sources were not announced.
SanDiego-based MIR3 , which provides emergency notification messaging services, said today that it will donate the net proceeds for customer messages delivered to Japan for the seven weeks since the earthquake and tsunami to the Red Cross effort to aid Japan.
SanDiego-based Peregrine Semiconductor , a developer of RF integrated circuits for the wireless and other markets, filed for an IPO late Friday, saying it is looking to raise up to $100M on either the Nasdaq Global Market or New York Stock Exchange. According to the firm's S-1, the company had a net loss of $7.4M READ MORE>>.
SanDiego-based Zogenix , a developer of needle-free, delivery systems for the treatment of acute migraines and cluster headaches, has filed for a $90M IPO. in revenues for the six months ended June 30, 2010, with a net loss of $49.3M. The IPO is being underwritten by Wells Fargo Securities, Leerink Swann, Oppenheimer & Co.,
SanDiego-based Arcturus Therapeutics , which is developing RNAi therapeutics to treat disease, said this morning that it has raised $1.3M The company said the round came from multiple, high net-worth private investors from the U.S. in a seed fudning round. and Canada. Names of those investors were not announced.
SanDiego-based music streaming service Slacker has a message for the industry: you can run a digital music service, and make money. The music streaming service says that--unlike other digital music services--it is making money on every new listener it gets, whether they are ad-supported or a paid subscriber.
In a big leadership executive shuffle over at SanDiego-based ACTIVE Network , the company announced today that its current CEO, Matthew Landa, has resigned, as has its Executive Chairman and Chairman of the board, David Alberga. Reason for the big switchup at its executive ranks was not given. READ MORE>>.
SanDiego-based Entropic Communications , a publicly held developer of semiconductors used in home entertainment and consumer electronics products, reported today that it had an increase of 56 percent in its second quarter net revenues, compared with last year. The firm said it earned $3.1M
SanDiego-based Somaxon , a developer of treatments for insomnia, has been acquired by Pernix Therapeutics Holdings , in a deal worth $25M. Somaxon had 12 months net sales of approximately $11.7M Somaxon had 12 months net sales of approximately $11.7M Pernix said the buy will help expand its product portfolio.
SanDiego-based sports activity registration and software provider ACTIVE Network reported two wins today at YMCA centers. ACTIVE Network said it has signed up the YMCA of the North Shore in Massachusetts and YMCA of the Brandywine Valley in Pennsylvania as customers for the company''s ACTIVE Net cloud platform.
SanDiego-based Renova Therapeutics , a biopharmaceuticals company developing treatments for congestive heart failure and other diseases, has raised $7.52M in a Series C funding round. The company said the funding primarily came from high net worth individuals. As part of the funding, Daniel M.
SanDiego-based Ambit Biosciences inked a deal Friday with Astellas Pharma Inc., According to Ambit and Astellas, the deal also includes post-approval milestones dependent on sales thresholds, as well as tiered, double-digit royalties on net sales of products based on Ambit's AC220 products.
SanDiego-based Fallbrook Technologies , a developer of continuous variable transmissions aimed at the electric vehicle market, has filed for an IPO, saying Tuesday evening in a filing that it is looking to raise up to $50M in an offering. Fallbrook reported a net loss of $11.7M For 2008, the firm had a loss of $11.9M
SanDiego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. NextWave Wireless said it will result in net cash proceeds of $106.5M The firm said the sale, to NTT DOCOMO , was worth $111.6M. from the sale. The firm said it will use $94.0M
SanDIego-based Sony Online Entertainment announced yesterday that it has launched a new program which allows users to create their own, in-game items for its popular EverQuest franchise. Sony said the new program is the first time that players will be able to build and sell their own items in the game.
The company is active in the San Francisco Bay Area, Los Angeles, SanDiego, Seattle, Texas, Michigan, Boston and New York (and many places in between) and says that it currently operates some 21 warehouses nationwide. Underpinning its tech is the sheer size of the operation: economies of scale in action.
SanDiego-based Advanced Telemetry , a developer of smart energy management systems for the residential and light commercial market, reported Tuesday that it has been selected for the ZENERGY House, a demonstration net-zero-energy remodeling project in Studio City.
Legendary rock musician and longtime internet evangelist Peter Gabriel has joined the all-star cast of speakers for Net@50 , a historic event celebrating the 50th anniversary of the first net message—while also looking ahead to the internet’s next 50 years.
Partners at large venture firms generally believe that Orange County is the ideal geography for medical devices, SanDiego for telecom and life sciences (along with Boston) and Silicon Valley for everything else. Despite the fact that we never moved, both companies were successful. Thanks Mr. Big Firm VC.
However, the report split employment across Southern California across the Inland Empire (3,630 jobs), Los Angeles, Orange County (3,895 jobs), and SanDiego (2,389) separately, and if accounting for all of those areas together, Southern California actually had more jobs in total--19,284--than the Bay Area in clean technology.
SanDiego-based ResMed , a developer of software for the healthcare market, has acquired MatrixCare , a developer of long-term post-acute care software. MatrixCare is epxected to have pro forma net revenue of approximately $122M, and pro forma EBITDA of approximately $30M.
Confident Technologies / Curtis Staker / SanDiego - Staker is the former President of Websense, and has pulled together an experienced team with a depth of experience from the firm. com, and was CEO of Vivendi Universal Net USA. His team--which has followed him from his past firms--has a number of successes under their belt.
SanDiego-based Evofem Biosciences, a developer of biopharmaceuticals for female reproductive health, reported it raised $50M in its previously announced public offering. It said it will net approximately $46.6M after underwriting discounts, commissions, and expenses.
The event is called Net@50. At the World Frontiers Forum and Xconomy, we can’t promise to cover everything, but we can deliver an important and historic event that poses such questions and many more. We can also deliver some of the most knowledgeable and informed speakers and guests to provide at least some of the answers. It takes place the.
SanDiego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. The firm reported a net loss of $6.6M ServiceNow said has applied to trade as NOW. READ MORE>>.
These are all subjects that will be examined at Net@50: The Roots and Future of the Internet , a unique two-part event to be held. But as we are ever more acutely aware, that very technology infrastructure is also a tool for scams, identity and financial theft, election fraud, and oppression. Read more » Reprints | Share:
SanDiego-based biotech Kintara says it is raising $15.0M in a common stock and warrant offering from unmaned "healthcare-focused institutional investors". The company--which is novel cancer therapies for patients who are failing, or are resistant to, current treatment regimens--currently trades on the Nasdaq as KTRA. Wainwright & Co.
SanDiego-based Entropic Communications reported its results yesterday, saying that its net revenues fell to $24.1M, a drop of 18 percent from the fourth quarter of 2008, when it had revenues of $29.5M, and a 43% drop from the first quarter of 2008, when it reported $42.0M. The firm had a net loss of $8.7M.
SanDiego-based Evofem Biosciences, which is developing biopharmaceuticals for women's contraception and related areas, says it has priced a $50M, public offering, and also will receive up to an additoinal $50M upon exercise of accompanying short-term warrant.
SanDiego-based Acadia (NASDAQ: ACAD ) announced in August that it had licensed the drug, trofinetide, for development and commercialization in North America as a treatment for Rett syndrome and other indications, including Fragile X syndrome. The results of the. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Come celebrate milestones the internet has made over the past 50 years at a special event called Net@50 on July 16 in Cambridge, MA, organized by the World Frontiers Forum and Xconomy. An afternoon forum at the MIT Media Lab will explore the big issues and challenges surrounding the internet.
SanDiego-based medical device provider ResMed has acquired healthcare software developer Brightree , in a deal worth $800M, according to the companies. ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015.
He did note that in the four markets where the company has gone live since launching its business in January 2019 — SanDiego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).
Vista Equity Partners the private equity firm which as been gobbling up SanDiego high tech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today. billion in net cash for majority ownership of a new company, to be made of those two parts.
The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. Plenty of analysts shared that this was the biggest dollar amount single-day drop for a company’s market cap ever. ” my colleague Aisha notes.
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