socalTECH

JANUARY 3, 2019

San Diego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. Cubic said GRIDMSART is expected to add $35M in sales and $8M in Adjusted EBITDA for the 2019 calendar year. The deal was worth $87M in cash.

Artificial Inteligence 133

Artificial Inteligence San Diego Sales Technology 133

socalTECH

OCTOBER 25, 2018

San Diego-based Cubic , a provider of services and products to the defense and other industries, said on Wednesday that it is buying Advanced Traffic Solutions , also known as Trafficware , a developer of "intelligent traffic solutions" for the transportation industry. The deal was worth $235.7M READ MORE>>.

San Diego 113

San Diego Sales Software Product 113

socalTECH

DECEMBER 27, 2018

If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018. Seismic, a sales software company, raised $100M and became a unicorn. Nonetheless, I expect that in 2019 the VC market will shift toward demanding profit.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

TechCrunch LA

OCTOBER 5, 2020

Past investors also included Y Combinator, where GrubMarket was part of the Winter 2015 cohort), and for some more context, GrubMarket last raised money in April 2019 , $28 million at a $228 million valuation, a source says. It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

DECEMBER 30, 2016

Another achievement in 2016 was the sale of our Irvine based portfolio company, Digital Map Solutions. Jeb Spencer: Although I spend all my time in software, I am completely enamored with the work that is being done at San Diego based genetic research firm Illumina. READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

Xconomy

JULY 30, 2019

About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. On Monday, Illumina (NASDAQ: ILMN ) informed the markets that it had overshot the mark with its 2019 estimates. It exceeded that goal, with revenue rising 21 percent to $3.33

Study 59

Study News Demand Tool 59