Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

Xconomy

AUGUST 15, 2018

Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year. The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products.

San Diego 68

San Diego Screening Equity Mobile 68

Xconomy

MARCH 20, 2019

A Chicago-based private equity firm has tapped the former head of NuVasive and finance chief of GreatCall to start a new healthcare company in San Diego. The company, Corza Health, is headed by Greg Lucier, most recently CEO at NuVasive, and backed by the PE firm, GTCR, with money from its $5.25 billion Fund XII.

San Diego 62

San Diego Equity Invest Funding 62

socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

Xconomy

OCTOBER 5, 2017

Ad-Juster, a San Diego adtech startup acquired earlier this year by the investment arm of China’s Innotech International Group, Wednesday named local software entrepreneur Dennis Clerke as CEO. He succeeds Ad-Juster founder and president Mike Lewis, who has left the company.

San Diego 52

San Diego Equity Advertising Acquisition 52

Xconomy

NOVEMBER 7, 2017

Progenity, a San Diego molecular diagnostics company focused on women’s health, reproductive medicine, and oncology, has raised $125 million in a Series B financing led by New York’s Athyrium Capital Management, an earlier investor. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

San Diego 52

San Diego Equity Capital Develop 52

Xconomy

SEPTEMBER 13, 2018

Oncology diagnostics company Epic Sciences, which last year launched what it describes as the only test that can help guide treatment for patients with advanced prostate cancer, has raised $52 million in a financing led by New York private equity firm Blue Ox Healthcare Partners to develop tests to address more types of cancer.

San Diego 58

San Diego Guide Course Equity 58

Xconomy

JUNE 22, 2017

The San Diego company describes the financing as its first institutional round, and said it brings total funding for the five-year-old startup to $20 million. The company has developed software specifically for independently owned hotels, hostels, inns, campgrounds, and vacation rental.

San Diego 52

San Diego Equity Technology Capital 52

Xconomy

DECEMBER 18, 2018

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region.

Southern California 110

Southern California San Diego Software Invest 110

Xconomy

MARCH 11, 2018

After learning that Proper Media , a San Diego specialist in programmatic digital advertising had acquired Spoutable, it took a couple weeks to catch up with Spoutable CEO Jon Belmonte and ask: What happened to Cursive Labs? As Belmonte explained in 2015, “In a venture studio, you’re building your own companies.

Media 55

Media San Diego Equity Advertising 55

Xconomy

NOVEMBER 9, 2017

Aquam, a San Diego company with technology for cleaning out and re-lining aging utility pipelines, has raised $26 million in a growth capital round led by NewWorld Capital Group , a New York private equity firm that makes investments in sustainable energy and natural-resources related deals.

Services 55

Services San Diego Resource Equity 55

Xconomy

NOVEMBER 27, 2016

Proficio, a Carlsbad, CA-based startup providing cybersecurity protection services for middle market companies, has raised $12 million in an investment round led by Kayne Anderson Capital Advisors. The Los Angeles-based private equity firm provided funding from its Kayne Partners Fund Group, which invests in high-growth technology businesses.

Equity 40

Equity Los Angeles Invest Networking 40

Xconomy

NOVEMBER 30, 2018

Elliott Management, a New York-based activist hedge fund, has had San Diego-based Mitek Systems in its crosshairs for months. The prospective. Read more » Reprints | Share:

Press 60

Press San Diego Funding Technology 60

Xconomy

MARCH 5, 2018

Celgene (NASDAQ: CELG ) will pay San Diego-based Vividion $101 million up front, which includes an equity investment. The companies say the goal of the partnership is to develop small molecule drugs for cancer, inflammatory, and neurodegenerative conditions.

Develop 45

Develop Development San Diego Equity 45

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

Xconomy

NOVEMBER 28, 2018

The financing, a Series D round of investment, includes so-called crossover investors that back both public and private companies. CEO Paul Laikind told Xconomy that these investments set up his San Diego company to consider going public in the future.

San Diego 81

San Diego Invest Funding Company 81

Xconomy

JANUARY 23, 2018

In a blog post called “Fixing the Inequity of Startup Equity,” it offered a raft of free documents companies can download to more easily implement a 10-year exercise window. They’ve extended the window to exercise options for employees who have at least a minimum period of service.

Startup 64

Startup Blogging Equity Sites 64

Xconomy

APRIL 17, 2020

The public markets are moving erratically, but Alnylam Pharmaceuticals showed this week that selling equity isn’t the only way for biotech companies to raise cash. Late last year Alnylam (NASDAQ: ALNY ) began exploring potential royalty deals for inclisiran, a drug that uses RNA interference to lower cholesterol.

Equity 84

Equity Activity Marketing Company 84

Xconomy

JULY 26, 2017

Xconomy got an early look at the specialty accelerator’s sixth cohort, which includes a company named for a butterfly and the accelerator’s first digital health startup. Genomics startups are increasing in number and quality, so much so that three-year-old Illumina Accelerator has expanded with its latest class to accommodate five of them.

Startup 79

Startup San Diego Class Capital 79

Xconomy

DECEMBER 11, 2018

San Diego startup Sensemetrics is applying that technology to the industrial Internet-of-things sector (IIoT), selling access to its cloud platform to the world’s largest mining companies and government agencies monitoring major infrastructure, such as dams. CEO Matt Meehan says Sensemetrics.

San Diego 62

San Diego Platform Invest Funding 62

Xconomy

SEPTEMBER 26, 2016

Tealium, a San-Diego startup that provides online advertising tag management and marketing services for enterprise customers, has raised $35 million in a growth financing deal intended to expand its technology and market reach. The company’s workforce has grown to about 270, including 80 in San Diego.

Customer 40

Customer Custom San Diego JavaScript 40

Xconomy

OCTOBER 1, 2019

Molecular Assemblies is among the companies working to commercialize what’s known as enzymatic DNA synthesis. On Tuesday, the San Diego biotech said it had raised $12.2 The company has developed an enzymatic approach to writing DNA that can.

San Diego 43

San Diego Research Writing Demand 43

Xconomy

SEPTEMBER 26, 2019

Morningside Ventures, a private equity and venture capital firm founded in Hong Kong in 1986, was the sole investor in the Series A financing, which brings Meissa’s fundraising total to nearly $34 million. The startup is a resident company at Johnson & Johnson Innovation’s facility JLABS in South San.

Venture Capital 109

Venture Capital Equity Startup Funding 109

Xconomy

JULY 27, 2016

per share, for a total equity value of $302 million. LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. The company said the North Carolina site would expand its reach in genetic testing. LabCorp reported $8.5

San Diego 40

San Diego .Net Report Sites 40

Xconomy

OCTOBER 12, 2016

On Monday, nine startups began a 16-week program at Canopy San Diego , a new accelerator program for seed-stage companies developing new technologies, products, and services to support the legal cannabis industry. Three companies from each cohort also will get $50,000 in follow-on funding.

San Diego 40

San Diego Startup Southern California Invest 40

Xconomy

APRIL 24, 2019

Eli Lilly (NYSE: LLY ) is paying Avidity $20 million upfront—plus $15 million in equity—for the rights to use the La Jolla, CA, startup’s technology to try and develop new medicines. Other companies are targeting RNA. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Equity 76

Equity Design Help Technology 76

Xconomy

APRIL 25, 2017

San Diego-based Forge says it has raised $15 million to support its efforts. MagnaSci Ventures, a Houston-based investment fund focused on early-stage life science companies, led the Series A round of financing. Now, the biotech firm is preparing to bring that technology into clinical trials.

San Diego 59

San Diego Invest Funding Technology 59

Xconomy

AUGUST 30, 2016

Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. million and now has about 30 employees, according to a spokeswoman for the company.

San Diego 52

San Diego Los Angeles Mobile Equity 52

Xconomy

SEPTEMBER 18, 2018

Top venture capital firms continue to pour money into software robotics companies that promise to automate monotonous business operations, like processing mortgage applications, that are often performed by humans. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Venture Capital 67

Venture Capital Google Equity Capital 67

Xconomy

JULY 26, 2016

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. million of a new financing round intended to bring in $62.8

Technology 40

Technology Venture Capital Beverly Hills Funding 40

Xconomy

JANUARY 7, 2020

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding. Eventually Celgene kicked in $35 million more for a research collaboration, an equity stake, and an exclusive option to acquire the startup, PharmAkea Therapeutics.

Seed Funding 63

Seed Funding Equity Research Acquisition 63

Xconomy

SEPTEMBER 13, 2016

MedCrypt, a healthtech cybersecurity startup founded near San Diego, has raised $750,000 in a seed financing round led by Safeguard Scientifics (NYSE: SFE ), a private equity fund in suburban Philadelphia that invests in healthcare, fintech, and digital media. MedCrypt’s security approach is twofold, Kijewski said.

San Diego 40

San Diego Startup Software Capital 40

Xconomy

MARCH 21, 2018

Many top food companies are increasingly pumping money into supporting young, innovative startups, according to a recent analysis by CB Insights. Big Food is getting serious about innovation. Read more » Reprints | Share:

Incubator 91

Incubator Startup Equity Organization 91

Xconomy

SEPTEMBER 21, 2018

Convoy , an online marketplace that connects shippers with freight truck fleets and independent drivers, announced today it raised $185 million in a Series C fundraising round led by CapitalG, the growth equity investment fund of Alphabet, Google’s parent company. regions, CEO Dan Lewis says.

Equity 54

Equity Networking Funding Artificial Inteligence 54

Xconomy

DECEMBER 28, 2017

Below are the highlights from our e-mail exchange with entrepreneur and investor Andy Palmer, the co-founder and CEO of Cambridge, MA-based Tamr , a “data unification” software company. Andy Palmer: I think that increased awareness of gender equity issues. Palmer previously co-founded Vertica Systems, now part of HP.)

Equity 87

Equity Software Networking Entrepreneur 87

Xconomy

JUNE 9, 2017

With this week’s buyout of GreatCall , the Chicago-based private equity firm GTCR just placed a big bet that healthtech for the aging wave of baby boomers will be a big business.

Equity 45

Equity Training Mobile Networking 45

Xconomy

JUNE 3, 2016

billion acquisition of San Diego’s Auspex Pharmaceuticals last year. A company official told Xconomy the drug would be priced in line with standard of care enzyme replacement therapy, which costs around $300,000 per patient, per year. . Teva nabbed deutetrabenazine in its $3.2

San Diego 62

San Diego Patents Acquisition News 62