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Two San Diego Sites Rank Tops In Rising Social Networking Interest

socalTECH

A report issued this week by Experian Marketing Services has identified two, San Diego niche social networking sites as being among the fastest growing sites between July of 2011 and July of 2012. Image courtesy Bigstock. READ MORE>>.

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ResMed Names New CTO

socalTECH

San Diego-based ResMed said Monday morning that it has named Bobby Ghoshal as the company's first Chief Technology Officer. Ghoshal was previously Vice President of Information Technology at Resmed from 2012 to 2016. READ MORE>>.

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Uber Dodges Bullet In California

socalTECH

Uber , the smartphone-driven, towncar service which is very popular with the technology crowd, has just dodged a bullet in California, saying that it has reached an agreement with the California Public Utilities Commission (CPUC) confirming that Uber is legal in California. and Boston for operations in those cities. READ MORE>>.

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Chumby Back From The Dead, Revives Apps

socalTECH

Well, it''s back, after new owner Blue Octy said that it has restored the Chumby service, after a year of rewriting the original service. Chumby had shut down in April of 2012, after the company ran out of funding support. Blue Octy is based in San Diego. READ MORE>>.

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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health). Solarflare ($22M, San Diego, high speed networking). Ignyta ($6M, San Diego, personalized medicine). Independa ($5M, San Diego, software for senior independence).

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Dealstruck Looks To Crowdsource Business Loans

socalTECH

In a new twist on the crowdfunding space, a new startup, Dealstruck , said it has launched a new service to help small businesses find business loans from investors. The startup said it is looking for businesses seeking $50,000 to $1M in capital, and is matching those businesses with secured, commercial loans.

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. million in 2012 to more than $59 million in 2015.