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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.

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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>>.

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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
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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.

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Kyriba Expands In Southern Europe

socalTECH

Kyriba , which develops cloud-based treasury management software, and was founded in San Diego, said over the weekend that it is in an expansion in Southern Europe, particularly in Italy and Spain. The company said its growth rates between 2015 and 2016 in the countries are 166 percent for Italy and 67 percent for Spain.

San Diego 100
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San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. San Diego. $35 San Diego. $20 San Diego. $20

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Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals

Xconomy

After the national MoneyTree Report was released last week, PricewaterhouseCoopers partner Ryan Spencer said he spent time on a call with Thomson Reuters, which provides the raw data, trying to figure out a change in the numbers for venture capital activity in San Diego. But the San Diego data was off. So the $350.5