article thumbnail

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.

article thumbnail

University of California Plans $250M Venture Capital Fund

socalTECH

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. fund investment capital venture ucsb ucla investor regent ucsd kitepharma finance' Image courtesy Chris Radcliff , via Flickr. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 billion across the region in Q3 of 2015, according to the latest numbers released by the PricewaterhouseCoopers/NVCA MoneyTree survey, based on data from Thomson Reuters. in 108 deals. in 108 deals. There has now been $4.93

article thumbnail

TuSimple Takes $95M For Autonomous Trucking Technology

socalTECH

TuSimple , a developer of autonomous trucking technology which has offices in San Diego and in China, said on Wednesday that it has raised $95M in a Series D funding round. and Composite Capital. The company was founded in 2015. The funding came from Chinese investors SINA Corp. READ MORE>>.

article thumbnail

Black Mountain Systems Acquired By Vista Equity Partners

socalTECH

San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Black Mountain Systems was previously owned by another, private equity investor, Stone Point Capital LLC , which acquired Black Mountain in 2015.

Equity 113
article thumbnail

Good Eggs raises $100M and plans to launch in Southern California

TechCrunch LA

It’s also worth noting that this represents a bit of a turnaround for the company, after the it shut down operations in Los Angeles, New York City and New Orleans in 2015, with Hall coming on as CEO shortly afterwards. And it sounds like he isn’t in a rush to launch in a bunch of new markets. ” Good Eggs CEO Bentley Hall.

article thumbnail

Kneron Finds $40M More

socalTECH

San Diego-based Kneron , a developer of artificial intelligence software, has raised $40M more in Series A funding, from investor Horizons Ventures. The company also has raised funding from Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, and Sequoia Capital. Kneron was founded in 2015.