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ServiceNow Buys DxContinuum

socalTECH

ServiceNow , the developer of cloud-based, enterprise software for service management which has a big office San Diego, announced this morning that it has acquired DxContinuum , a developer of machine learning software. Financial details of the all-cash deal were not announced. DxContinuum was backed by Cequel III, LLC.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The results were so encouraging, we’re doing it again. Financial terms were not disclosed. Webroot withheld terms of the deal.).

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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. The company became a Wall Street darling when it raised $1 billion-plus through its 2014 IPO, and now claims to have deployed roughly $19 billion in loans since inception.

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Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

socalTECH

More than half of this quarter''s investment due to a single, nearly $1 billion investment in Hawthorne-based SpaceX. Other large funding deals in the quarter included $186M invested in Lynda , $76.28M invested in San Diego''s aTyr Pharma , and $50.0M billion was invested in the region at the tail end of the dot com boom.

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Echo Labs Wins “Quick Pitch” Contest with Digital Hybrid Microscope

Xconomy

By popular acclaim, San Diego-based Echo Laboratories founder Eugene Cho claimed top honors, and a $15,000 check, for his two-minute presentation last week in the 10th annual “Quick Pitch” competition, hosted by San Diego’s Tech Coast Angels. Echo Labs’ hybrid microscope. million in nine months. Echo Labs image).

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Fintech Lender Uses Profitability to 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. The company became a Wall Street darling when it raised $1 billion-plus through its 2014 IPO, and now claims to have deployed roughly $19 billion in loans since inception.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

To boost the initiative, which aims to speed the pace of cancer research, FDA said it would consolidate its cancer review divisions under the Oncology Center of Excellence. But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster.