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San Diego's Seismic Snags $100M, Joins Unicorns

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San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise. The company's software is used to automate and personalize sales documents and marketing materials.

$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

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. (In Rowe Price Tech Uber unicorn VC Venture Capital Virtual Instruments

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Colorado’s Webroot Buys CyberFlow Analytics, Expands in San Diego

Xconomy

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. In the three years since it was founded, CyberFlow raised at least $4 million from investors that include Toshiba America Electronic Components, Siemens Venture Capital, and angel investors. San Diego represents a major growth area for Webroot.

Xconomy Guide to Best Sessions at Startup Week San Diego

Xconomy

Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. This year’s Startup Week also has added five new tracks intended to highlight San Diego’s strengths as a startup ecosystem.

Wrike Opens Office In San Diego, Plans to Hire 150

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Mountain View-based Wrike , a developer of enterprise work management software, said on Monday that it has opened up a new office in San Diego, and plans to hire 150 people in the location. Write said it selected San Diego over several other cities, including Austin, Raleigh, and Phoenix, citing the city's "rich talent pool" and startup environment. wrike diego expansion jobs software saas employment growth

New VC Firm Blueprint Equity Puts $6M into Florida Software Company

Xconomy

A new venture capital firm, which in November marked its launch by raising a $53 million-plus fund to invest in startups, has made its first investment. Lewis was mostly recently with San.

LabFellows Looks to Become “Operating System” For Life Sciences Cos.

Xconomy

However, that wasn’t the problem San Diego startup LabFellows was looking to solve when it launched in 2014. Scientists, no matter how sexy the research they’re conducting, aren’t immune from the administrative minutiae of office life.

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. Instructure (NYSE: INST ) has agreed to acquire privately held Portfolium. No financial terms of the deal, which was announced Tuesday, were disclosed.

The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

Jason Rowley is a venture capital and technology reporter for Crunchbase News. The SaaS VC gap: China & other markets trail the US. Early-stage SaaS VC slip snaps recovery as public software stocks soar. Jason Rowley. Contributor.

As a Google Partner with Fresh Capital, Zesty.io Aims to Disrupt CMS

Xconomy

CEO Gerry Widmer said Wednesday the San Diego-based company is expanding its workforce and extending its Web content management system (WCMS) to international customers. After establishing a partnership with the Google Cloud Platform, Zesty.io

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ServiceNow Alum’s Perspectium Adds $8M More for Integration Tools

Xconomy

ServiceNow, one of the most valuable software companies ever founded in San Diego, launched in 2003, before enterprise software-as-a-service became a topic of mainstream discussion. Today’s tech landscape is dotted with companies that investors have valued at $1 billion or more—an elite club, members of which have come to be known as “ unicorns ,” and dozens of SaaS firms are among them.

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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. The company says its software allows developers to couple deep learning with.

eSub Construction Software Finds $12M For Project Management Tools

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San Diego-based eSub Construction Software , a startup developing construction project management tools, has raised $12M in a funding round, the company announced this morning. eSub, led by founder and CEO Wendy Rogers, develops construction management software, which produces daily reports, RFIs, change orders, handles purchase orders, and more. esub contruction software project management venture capital saas

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Your Tech Startup Is Probably Not Ready to Raise Money

Xconomy

I know, I don’t even know you. Here’s the thing. Let’s say Melanie is an early-stage investor. If she placed a bet blindly for every startup that thinks they’re ready to raise, her chips would fall on the “not ready to raise” words written in fancy script on the soft green felt of the betting table.

PetDesk Finds $12M For Veterinary Software

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San Diego-based PetDesk , a developer of software used by veterinarians, announced Friday morning that it has raised $12M in a Series B funding round. The funding came from PeakSpan Capital. PetDesk develops online software used to manage veterinary practices. The company's software handles appointments, reminders, confirmations, health records, and other health data tracking for pets.

Q&A: PetDesk CEO Taylor Cavanah on Building a ‘Slower-Growth’ Startup

Xconomy

Taylor Cavanah, whose background is in physics, once caused a fellow scientist to do a spit take after learning Cavanah runs a software startup focused on pet care. Just as surprising is the tale of how Cavanah and co-founders Ken Tsui and Aaron Bannister built the San Diego, CA-based company, called PetDesk. This month, PetDesk raised $12 million from New York- and Silicon Valley-based PeakSpan Capital to expand its offerings beyond.

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Classy Captures $18M For Nonprofit Software

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San Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. The funding came from Mithril Capital Management and Salesforce Ventures. Classy was founded in 2006 as StayClassy, and also counts Bullpen Capital and Venture51 as backers. salesforce cloud saas software fundraising nonprofit capital venture stayclassy classy

As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady

Xconomy

Founded in 2013 by de Haaff and Chris Waters in the Bay Area, the company announced in July it had surpassed $40 million in annual recurring revenue from the subscribers to its software-as-a-service. Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a “unicorn”—a business with a valuation of more than $1 billion—and it’s not even close. Instead, Aha is a bootstrapped startup.

Edico Genome Raises $22M to Expand Data Processing and Web Services

Xconomy

San Diego’s Edico Genome, highlighted in Monday’s media debut of Dell Technologies Capital , said today it has raised $22 million in Series B financing led by the Dell investment arm.

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Fintech Company Kyriba to Sell $160M Majority Stake to PE Firm

Xconomy

Kyriba has been making cloud-based software since well before software-as-a-service (SaaS) became a tech buzzword. Nearly 20 years ago, the company, a spin-off of a French firm, began developing software to provide chief financial officers and other finance leaders with a comprehensive view of company cash and liquidity. Under the deal terms, San Diego-based Kyriba would get $160 million and its management team.

TVC Capital Backs LiquidPlanner

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San Diego-based growth equity investor TVC Capital is the lead investor in LiquidPlanner , a developer of online project management software this morning. LiquidPlanenr said it raised $8M in a Series B funding from TVC Capital, the first venture funding in the company since it was founded in 2007. Steven Hamerslag of TVC Capital will join LiquidPlanner''s board of directors with the funding.

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).

Kyriba Gets $21M For Treasury Management Software

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San Diego-based Kyriba , which develops cloud-base financial software used by companies to manage their cash, has raised $21M in a Series C funding round. The funding came from HSBC, and also included BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures. The company''s software is used for risk and treasury management, particularly for multi-national corporations.

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.

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Qualcomm Backs Ravello For Virtualization Software

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San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS).

Cybersecurity Firm Proficio Raises $12M in Private Equity Round

Xconomy

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. Proficio, founded in Irvine, CA, in 2010, specializes in network monitoring, intruder detection, and cyber-attack response services—saving companies the cost of acquiring sophisticated cybersecurity software and running their own cybersecurity operations center.

TVC Capital Backs Levels Beyond

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San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. Levels Beyond provides software for streamlining media management, distribution, and monetization, and is based in Denver. TVC Capital's Jeb Spencer joins the company's board with the funding.

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.

Qualcomm Backs ClearCare For Home Care Agency Software

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San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, is backing the developing of software to help home care agencies manage their workers and operations. ClearCare said Wednesday that it has raised $11M in a funding round, which came from Bessemer Venture Partners, and also included Cambria Health Solutions, Voyager Capital, Qualcomm Ventures, Harbor Pacific Capital, and City National Bank. ClearCare is based in San Franciso.

Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns.

eSUB Construction Software Gets $5M In Series A

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San Diego-based eSUB Construction Software , a startup developing mobile and cloud-based project management and document control software for the construction industry, has raised $5M in a Series A funding, the company announced this morning. According to the company, it pans to use the new funding to hire more than 40 team members in San Diego, across sales, engineering, customer success, and marketing.

TaxJar Gets $600,000 For Sales Tax Software

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San Diego-based TaxJar , a developer of online software which helps manage sales tax payments for online retailers, said this morning that it has raised $600,000 from angel investors. software saas compliance government state online ecommerce sales funding angel capital venture taxjar

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MindTouch Picks Up $12M For Customer Self Service Software

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San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE. MindTouch's software provides customer support search tools, product information, and more to end users. mindtouch venture capital customer self service portal saas

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PacketSled Raises $5M for Automated Cybersecurity Monitoring System

Xconomy

PacketSled, a cybersecurity startup based in suburban San Diego, has raised $5 million in a Series A funding round led by Keshif Ventures, a local angel investment fund that has put money into dozens of tech startups in the San Diego area.

Perspectium Finds $8M For Service Management Integration Tools

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San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. Perspectium is led by CEO David Loo; the company's software specifically goes to help connect together enterprise applications, with features such as data synchronization and data migration.

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