San Diego Tech Roundup: Bitmo, Dvele, Cybersecurity Report & More

Xconomy

—Mobile app startup Bitmo announced it had raised more than $3 million in seed funding from investors including Everplus Capital, Longboard Capital Advisors, and several Southern California-based family fund offices. The company says it has about 130 national brands on the platform, including Nike, Nordstrom, and Old Navy.

Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home.

San Diego Social Media Startup Soci Adds Austin Office, Raises $8.5M

Xconomy

Soci, a San Diego startup that created a Web platform for managing social media, has closed on $8.5 The five-year-old startup, which had 35 employees five months ago when it was named as a 2017 Xconomy San Diego company to watch , now has 50 employees. million in Series A financing that will be used to build on the company’s recent growth, including a second office in Austin, TX, according to co-founder and CEO Afif Khoury.

LunaPBC Gets $4.6M For Genomic Health Platform

socalTECH

San Diego-based LunaPBC , which operates the online LunaDNA genomic and health data community, has raised $4.6M The funding included ARCH Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures, and Osage University Partners. lunapbc venture capital funding research lifescience health biopharma biopharmaceuticals geneticAre you willing to share your DNA with researchers, if only they'd pay you something for that data?

Degreed Raises $75M to Expand in Growing Workforce Training Sector

Xconomy

San Francisco-based Degreed is among the educational technology companies now classified as “learning experience platforms,’’ because they organize staff participation in skills development training and coordinate it with the goals of employers, who are their clients. Degreed , which helps businesses upgrade the skills of their staffers through an online gateway to learning resources, announced Thursday it has raised $75 million to grow the service and expand internationally.

Approved Opens for Business with $1M and Digital Mortgage Platform

Xconomy

Following a six-month trial of its digital mortgage platform, San Diego-based Approved has officially launched its Web-based software for home loan applications. Our goal is to create a platform [for both lenders and borrowers] that is just as frictionless as possible,” Taylor said at the downtown EvoNexus incubator, where he has been working with co-founder Navtej Sadhal.

AlwaysAI Adds $4M to Bring Deep Learning to Embedded ‘Edge’ Devices

Xconomy

AlwaysAI says it is getting ready to sell its software for enterprise developers looking to make applications that use deep learning to better process the immense amount of data from embedded devices, such as cameras, drones, wearables, and robots—and announced Tuesday it has raised $4 million to commercialize the platform. Many of our devices, from wearables to medical instruments to drones, can capture reams of images.

Sightly Launches Video Ad Platform

socalTECH

San Diego-based Sightly , which develops video advertising technology, said Thurday that it has launched a new platform aimed at delivering personalized, video ads from local businesses to prospective customers. Sightly--which is backed by Mack Capital, Tomorrow Ventures, and 500 Startups--said its new TargetView product is aimed at helping brands and local businesses deliver tailored, video ads based on what devices consumers are watching, and their location.

Software Startup Portfolium Acquired by Salt Lake City’s Instructure

Xconomy

The software of Portfolium, a San Diego startup that hosts online portfolios for students trying to showcase their achievements to potential employers, is set to join the portfolio of Utah educational software company Instructure. Students at schools that subscribe use the platform for free.

Quality Built Lands Investment Round From LA's Gallant Capital Partners

socalTECH

San Diego-based Quality Built , a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. According to the companies, Quality Built uses its own software platform and a proprietary database to mitigate risk, limit construction defect claims and allow builders to analyze and track the progress of individual projects in real-time.

Invest 109

FAANG, Public Trust, Valuations, in 2019: The Read from Menlo Ventures

Xconomy

Some of these platform companies, taken together, now have a shared nickname: “FAANG,” which. The market caps of some of the most successful tech titans reach as high as $1 trillion.

Illumina Ventures Raises $230M Venture Capital Fund

socalTECH

Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health.

New Leader at Intel Capital Adjusts Strategy as Global Summit Opens

Xconomy

Intel Capital has invested $38 million in 12 technology startups since July, highlighting its venture investment focus on innovations in self-driving cars and machine vision, the Internet of Things, sports and health, drones, and virtual reality. Intel Capital is the corporate venture and deal-making arm of Santa Clara, CA-based semiconductor and technology giant Intel (NASDAQ: INTC ).

USC 66

Phunware Gets $26.25M For Mobile App Platform

socalTECH

Phunware , a developer of mobile advertising, application, analytics, and other tools for brands which has operations in both Newport Beach and San Diego, said this week that it has raised $26.25M in a Series E funding. phunware venture capital mobile advertising analytics software

Equidate, Re-Named Forge Global, Boosts Series B to $85M

Xconomy

Equidate, one of the trading platforms that help employees sell their shares in pre-IPO unicorn companies, rolled out a new name today and announced a $35 million expansion of its $50 million funding round publicized in July.

With Losses Mounting, MabVax Therapeutics Looks to Sell Off Assets

Xconomy

The San Diego biotech company, which is testing an antibody discovery platform intended to speed products to patients with cancer and pancreatitis, said Thursday it has retained a local investment banking firm, Objective Capital Partners, to guide its sale.

Guide 60

Bio Roundup: Bosley’s Editas Exit, Bridge Bucks, CRISPR Crime & More

Xconomy

In a week of big personnel moves, none was more surprising than Editas Medicine CEO Katrine Bosley’s departure. After guiding the CRISPR-Cas9 genome-editing startup from scientific breakthrough toward the development of a potential cutting-edge medicine, slogging victoriously through a legendary patent fight , and reaching the cusp of an historic clinical trial , the well-traveled Bosley is cutting out, the company said Tuesday. Investors were not happy.

This Week in Venture Capital – Episode 4

Both Sides of the Table

Blippy (and their competitor Swipely – which was founded by Angus Davis , who has a great track record from both Netscape and TellMe, both aim to capitalize on the era of consumers living more openly ala Twitter, Foursquare and Gowalla. Tags: This Week in Venture Capital

Censinet Takes Off With $7.8M to Track Cyber Risks in Healthcare

Xconomy

million in funding to double its headcount in a year, further develop its platform, and market its software. Censinet, a Boston startup helping hospitals and other healthcare providers manage the cyber risk of their hundreds of third-party vendors, has launched its system and announced $7.8 The Series A funding round is led by Boston-based HLM Venture Partners and the Cedars-Sinai Health System in Los Angeles.

With New Cash, Sensemetrics Aims to Take Industrial IoT Tech Global

Xconomy

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. Thinking about Internet-connected devices often brings to mind “smart” home appliances and consumer gadgets.

S?qster Exits Stealth with Web-Based Tech for Managing Health Data

Xconomy

Comparing itself to the personal finance platform Mint.com, the San Diego startup says its platform integrates personal health information from a variety of sources, including electronic medical records (EMR), wearable devices, and genomics data.

Web 70

Versant Ventures, MPM Capital Launch Gene Therapy Startup, CODA Biotherapeutics

socalTECH

San Diego-based biotech investor Versant Ventures , along with MPM Capital , said today that they have launched a new startup, CODA Biotherapeutics. CODA says it is developing gene therapy techniques, around what it calls a "chemogenetic platform" which it says aims to control the activity of neurons and other cells to treat diseases. CODA Biotherapeutics is based in San Francisco. lifescience biotech ventures versant capital venture biotherapeutics coda

Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs).

Bevo Media Acquired By Vize Capital

socalTECH

San Diego-based Bevo Media , an online ad exchange and ad tracking platform developer, has been acquired by private equity investor Vize Capital. Financial terms of the acquisition were not disclosed.Bevo Media, which is led and was founded by Ryan Bukevicz, said that Vize Capital plans to invest "significant resources" into growing the company and improving its platform.

AttackIQ, Which Makes Tools to Assess Cybersecurity, Raises $8.8M

Xconomy

San Diego-based AttackIQ, a cybersecurity startup providing a Web-based platform for assessing network defenses, has finally closed its Series A round of founding, after raising a total of $8.8 Institutional investors included San Francisco-based Index Ventures , Qualcomm Ventures , and Telstra Ventures.

Tool 72

TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. Since then, TakeLessons has raised a total of $20 million in venture capital, and expanded into new markets and services.

Coach 66

Global Village Concerns Gets Debt Funding For E-commerce Platform

socalTECH

San Diego-based Global Village Concerns , which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. The funding came from Agility Capital, a provider of venture debt to startups and other high tech companies. Agility Capital said the funding was in the form of a growth capital term loan.

Tealium Adds $35M to Expand Technology, Sharpen Customer Focus

Xconomy

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. Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 Tealium also unveiled a new “executive briefing center” (pictured above) at its expanded San Diego headquarters.

TVC Capital Boosts Levels Beyond

socalTECH

San Diego-based growth equity investor TVC Capital has boosted portfolio company Levels Byond , and invested an additional $2.5M Levels Beyond, which develops a content management software platform called ReachEngine, said the $2.5M reachengine levels beyond content management video files venture capital library tvccapital more in Series A funding in the company.

With $30M Infusion, Certona Aims for Bigger Share of Digital Retail

Xconomy

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. Unlike many of its rivals, Sheik said Certona had raised a total of only $7 million in venture capital (in 2008) from ABS Ventures of Waltham, MA, and San Diego’s Express Ventures. “We’ve

CTO 76

Cloudbeds Raises $9M to Expand its Technology, Brand Awareness

Xconomy

Cloudbeds, a cloud-based provider of hospitality management software, said today it has raised slightly more than $9 million in Series B financing to expand its software-as-a-service platform and broaden awareness of its brand. 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.

Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

San Diego’s Avelas Biosciences , founded in 2009 to advance a fluorescing biologic agent intended to help surgeons differentiate cancerous tissue from healthy tissue, has completed a $20 million Series C round of venture funding. and San Diego’s Avalon Ventures.

Study 81

Pokki Adds Galaxy Life Game To App Platform

socalTECH

Desktop application environment maker Pokki , which is run by San Diego-based SweetLabs, said yesterday that it has added the popular Galaxy Life social game on its environment. SweetLabs launched Pokki in June of last year, looking to bring the ubiquity of apps to the desktop PC platform. The firm said that Galaxy LIfe, which is developed by Digital Chocolate, now runs via its desktop application environment.

Zingle Raises $3M to Expand and Improve Messaging App Technology

Xconomy

Zingle, a Carlsbad, CA-based tech startup targeting the service industry and consumer-facing businesses with its messaging app technology, has raised $3 million in venture capital, according to a regulatory filing earlier this month.

Ligand Inks Licensing Deal With Venture Capital Investor

socalTECH

San Diego-based Ligand Pharmaceuticals said on Friday that it has entered into a deal with venture capital investor venBio Partners , which will allow venBio's portfolio companies to enter into a pre-agreed worldwide OmniAb platform license agreement.