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Pay it Forward: Capital Drives Bio Innovation in San Diego & Beyond

Xconomy

The change has caused me to reflect a bit on the state of finance in biotech and in San Diego biotech particularly. During the process of arranging early funding for Organovo in 2008-2010, I worked with angels in San Diego, all over the country, and around the world. About 40 percent of my financing at.

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San Diego Tech Coast Angels Honor John G. Watson With Memorial Fund

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The San Diego chapter of the Tech Coast Angels , the largest angel investment group in Southern California, as well as the United States, said today that it has established a new, memorial fund, the John G. Watson Foundation , which will support entrepreneurism in the San Diego region. He also served at Vestar Inc.

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FTD Files Chapter 11: Long, Complex Path Through SoCal's Tech Industry

socalTECH

FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. FTD acquired San Diego's ProFlowers in 2014, paying $430M for the online flower and gift delivery service. READ MORE>>.

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NVCA: Venture Capital Spurs Jobs, GDP

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The National Venture Capital Association today released a new report detailing the impact of venture capital on the U.S. The report , compiled for the NVCA by IHS Global Insight, found that venture backed companies accounted for 11 percent of private company employment in 2008, or 12.1 in San Diego.

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home. We would like to launch an accelerator based here, and bring in additional resources from the Bay Area.”. billion under management.

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SoCal Gets $739M In Venture Capital In Q2

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Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. in funding, and San Diego $198.18M in investments. raised for the quarter.

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Bard, Lindzon Get Exit At Assistly

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Alex Bard , the San Diego-based CEO of customer support software firm Assistly , has sold his second company, as online CRM software giant Salesforce.com said today that it was paying $50M for Assistly. Assistly is the second successful exit for Bard, who sold his last startup, Goowy, to AOL in 2008.

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