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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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EDF Renewable Energy: We're Number One In Wind Energy Development

socalTECH

San Diego-based renewable energy developer EDF Renewable Energy says it is the leader in U.S., wind energy projects, with 12 percent of the market share in installed capacity in 2015. EDF Renewable Energy said it developer 1,055.4

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Flipagram: More Than 1,000 Verified Musicians Added In 2015

socalTECH

Los Angeles-based video story app developer Flipagram said Wednesday that it added more than 1,000 signed, musical artists to its "Flipagram Verified" platform, letting those artists make their music available to Flipagram's users.

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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. That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

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Sonos Names Microsoft Exec To Board

socalTECH

Panay has been Chief Product Officer at Microsoft since April of 2018, also was corporate vice president, Microsoft Devices from July 2015 to April 2018, corporate vice president, Surface & PC Hardware from February 2013 to July 2015, and general manager, Surface & PC Hardware from January 2008 to February 2013.

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Yardi Buys CommissionTrac

socalTECH

Santa Barbara-based Yardi announced this week that it has acquired CommissionTrac, a developer of revenue management software for commercial real estate companies. CommissionTrac was founded in 2015. Financial terms of the acquisition were not announced.

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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.

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