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Lasergen, With Office In San Diego, Acquired By Agilent For $105M

socalTECH

Lasergen , a startup developing technology for the DNA sequencing market--and which has an office in San Diego--has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Agilent already owned a 48 percent ownership stake in Lasergen, as part of an investment it made in March of 2016. READ MORE>>.

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First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals

Xconomy

Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. billion invested.

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Dutch Biotech Raises $19M to Develop Psoriasis Drug Near San Diego

Xconomy

While Escalier Biosciences BV is based in the Netherlands, the company is managed by its subsidiary, Escalier Biosciences, based near San Diego in coastal Encinitas, CA, according to Chris Krueger, Escalier’s chief business officer. The Dutch biotech and its Encinitas subsidiary were both founded in 2016, but the.

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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 idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.

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Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

socalTECH

John is also very involved in providing advice to young startups and entrepreneurs. You'll be able to see all the many 2016 reflections here as they are posted. John Greathouse: We opened up our practice in San Diego by investing in Zingle and Raken. What was the biggest news from you or your firm this year?

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Washe Raise $3.5M To Expand On-Demand Car Washes In LA

socalTECH

On-demand, car wash startup Washe , which lets users connect with professional mobile car washers, said this week that it has raised $3.5M The Boca Raton, Florida-based startup said the lead investor in the round was Ron Zuckerman, a technology entrepreneur and investor. READ MORE>>.

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Cybersecurity Startup AttackIQ Hires New, Bay Area-Based CEO

Xconomy

Cybersecurity startup AttackIQ has appointed veteran tech executive Brett Galloway as its new CEO. However, the San Diego-based company, which emerged from stealth mode in 2016, was guided through its early years by president and CEO Stephan Chenette. Wright was hired as chief revenue officer in August 2017.