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Seismic Acquires Savo Group, Rival in Sales Enablement Software

Xconomy

In the eight years since it was founded, Seismic has become a leader in the market for Web-based software used by corporations and other big customers to manage the online marketing materials created to support sales reps in the field.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. My blog was wiped out.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

I started with a list of companies already screened by the San Diego Venture Group’s annual venture summit, and consulted with investors and startup mentors to refine the list. Tim Rueth, a UC San Diego entrepreneur in residence and member of the EvoNexus selection committee, also screened the list, and offered his perspective.

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Seismic Taps Former ServiceNow Exec as CFO As It Aims to Go Public

Xconomy

Seismic, one of San Diego’s most prominent enterprise software companies, has tapped a member of the team behind one of the region’s most successful tech startup stories to prep for its own prospective market debut. San Diego native John McCauley was part. Read more » Reprints | Share:

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Cibus Raises $70M for Marketing of Gene-Edited Canola, More R&D

Xconomy

Sales of Cibus’ first product, a gene-edited canola, have gone so well that the San Diego company has raised $70 million in new financing to boost its commercialization efforts.

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. LendingClub stumbled earlier this year, however, when an internal investigation found improprieties in the sale of $22 million in loans.

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MEI Pharma Inks Cancer Drug Deal with Japan’s Kyowa Hakko Kirin

Xconomy

Japanese life sciences company Kyowa Hakko Kirin has agreed to pay the San Diego company $10 million upfront for rights to develop and commercialize ME-401 in Japan. million more if the drug, a PI3K delta inhibitor, meets a variety of milestones; plus royalties from sales if it reaches the market.