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

socalTECH

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.

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. — Dvele , which says it uses best practices in software automation, material selection and lean manufacturing techniques to make upscale, modern.

Raken Expands In San Diego

socalTECH

San Diego-based construction compliance and reporting software developer Raken announced this morning that it is expanding its footprint in San Diego, and has moved into a new space at make (cq) in Carlsbad. Raken recently raised $2M in a funding round from Rincon Venture Partners, Eniac Ventures, and Spider Capital. raken diego construction compliance reporting software growth expansion headquarters

San Diego Life Sciences Roundup: MedCrypt, LunaDNA, Dynacure & More

Xconomy

Let’s catch up with the latest life sciences news in San Diego. — Cybersecurity company MedCrypt, which makes software to protect medical devices, raised a $5.3 million Series A funding round. The company says it will use the new funds to hire new salespeople and engineers and further develop its technology, which medical devices vendors use to secure data traveling between or stored on devices.

Paycom Software Sets Up Sales Office In San Diego

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Paycom Software , a publicly traded developer of cloud-based human capital management software, has opened up a new office in San Diego, the company said on Monday afternoon. Paycom, which is based in Oklahoma, develops payroll and human resources software used for everything from recruiting to retirement. paycom software cloud human resources diego employment

$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

Big Data Meets Big Biology in San Diego: Some Takeaways

Xconomy

View the Slideshow At the end of the 19 th century, the German scientist Paul Ehrlich began to realize that certain chemicals could have highly specific effects on certain diseases.

San Diego Life Sciences Roundup: Evofem, Cullgen, BrainLeap & More

Xconomy

A software startup launches games that it says may help children with disorders that cause attention difficulties. Get the details on these developments and more in San Diego life sciences news: —Evofem Biosciences (NASDAQ: EVFM ) struck a deal to raise up to $80 million in a private placement. Locally based biotech companies receive fresh funding from investors.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. Innovation Companies in San Diego (Courtesy Connect Innovation Report).

Inscripta, With Offices In San Diego, Finds $20M For Series C Funding

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Gene editing technology developer Inscripta , which has one of its offices in San Diego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. According to Inscripta, the new funding came from its existing investors, including Venrock, Foresite, Mrieux Dveloppement, Paladin Capital Group, MLS Capital, and NanoDimension.

Swarm Aims To Rejuvenate San Diego's Software Industry

socalTECH

It hasn''t been a great few months for San Diego''s software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. However, in a bid to rejuvenate and re-energize the industry, a new effort-- Swarm --has just launched to bring together local software entrepreneurs, venture capital, and angel investors, in an attempt to bring new life to the region.

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.

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.

San Diego's TriTech Rolled Up Into Superion By Vista Equity, Bain Capital

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San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. All three companies provide software for the public safety and public administration area. The big rollup is being funded by private equity companies Vista Equity Partners and Bain Capital.

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.

Big VCs Join Xconomy in San Diego to Discuss Big Data, Big Biology

Xconomy

At Intel Capital in the Bay Area, investment director Ranjeet Alexis is an expert in bioinformatics who is scouting for deals at the intersection of computation, healthcare, and the life sciences.

Xconomy Forum Rides Wave of Big Data/Big Bio Startups in San Diego

Xconomy

As the Xconomy Forum on Big Data Meets Big Biology draws near, one of the best arguments for understanding the significance of the convergence of data science and the life sciences may lie in what came out of the 2013 sale of San Diego’s EcoATM. The company developed automated kiosks that would scan a device and use analytic software to calculate what it was worth and how much of a rebate to offer for it.

A Need for Speed: Illumina Acquires San Diego’s Edico Genome

Xconomy

With the Bio-IT World Conference opening today in Boston, San Diego-based Illumina (NASDAQ: [[ticker:ILMN) said it has acquired Edico Genome, a five-year-old startup with technology to accelerate the readout of next-generation sequencing data. Edico developed technology that combines a specialized processor and chipset with proprietary software to address a bottleneck in the.

San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. million in 49 startups in San Diego County during the third quarter, according to a breakout of data provided by PitchBook as part of the inaugural “Venture Monitor” report. San Diego. $35 San Diego. $20

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

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital. million in a Series D round of investment capital, according to founder and chairman Tony Farwell.

Veni, Vidi, Vinti: What Internet Pioneer Vint Cerf Sees in San Diego

Xconomy

The Internet pioneer Vinton Cerf came to San Diego recently on an unusual quest—to meet with dozens of local technology leaders and assess what the region has to offer in terms of innovation.

Wrike Opens Office In San Diego, Plans to Hire 150

socalTECH

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

From Startup Week San Diego: The World According to Jason Calacanis

Xconomy

In a keynote talk Tuesday night that was a headliner event for Startup Week San Diego, Calacanis observed that it doesn’t feel like the millennial generation is doing as well financially as their parents’ generation. Silicon Valley angel investor Jason Calacanis has some advice for the millennial generation: Get your name on a cap table.

San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

Venture capital investors sank $547.2 million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2 Venture Monitor data on first-quarter venture capital activity was released Tuesday by Seattle-based PitchBook and.

At First Summit, 7CTOs Takes Baby Step to San Diego Tech Buildup

Xconomy

As a software engineer and self-described “tech guy,” de Bruin says he is more interested in. A lot of ink has been spilled on the subject of building tech startups and creating entrepreneurial communities for tech innovation.

First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals

Xconomy

Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. million that VCs invested in San Diego startups in the same quarter in 2016, and off nearly 17 percent from the $420.3

Under New Ownership, San Diego’s Ad-Juster Names Dennis Clerke CEO

Xconomy

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. Clerke (a San Diego Xconomist) was previously the CEO of Sunnyvale, CA-based NetSeer, an adtech acquired in February by Inuvo (NYSE: INUV , an advertising technology and digital publishing company based in Little Rock, AR.

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. Problems at one industry leader, San Francisco-based LendingClub (NYSE: LC ), have added to waning enthusiasm among some investors for the peer-to-peer model, which matches online users who want a loan with Wall Street investors or wealthy individuals looking for a higher rate of return than many traditional, fixed-income investments.

Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals

Xconomy

After the national MoneyTree Report was released last week, PricewaterhouseCoopers partner Ryan Spencer said he spent time on a call with Thomson Reuters, which provides the raw data, trying to figure out a change in the numbers for venture capital activity in San Diego.

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. Soci’s software-as-a-service provides a “central command” that enables business customers to deploy their social media marketing strategies, customize their brand messaging, and control their customer.

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.

Eyeing Future IPO, A Rarity for SD Software Firms, Tealium Adds $55M

Xconomy

San Diego has had plenty of businesses go public in recent years, but most have been life sciences companies. Now software startup Tealium, which has about 215 employees at its San Diego headquarters, announced Wednesday it has added $55 million in a Series F financing. Eleven-year-old Tealium has now hauled in more than $160 million in venture capital, and is prepping to become one of the region’s first big tech companies to go public in over five years.

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.

Intel Capital Showcases 12 Startups, Shift to Data-Centric Strategy

Xconomy

The temperature in California’s Palm Desert hit 107 degrees Tuesday, but indoors at Intel Capital’s Global Summit meeting, the corporate venture arm said it has invested a cool $115 million so far this year. Intel Capital wasn’t ready to disclose exactly how many startups it has funded, but it highlighted a dozen tech companies that got almost two-thirds of the total ($72 million) with innovations in semiconductors, artificial intelligence, and the Internet of Things (IoT).

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. Early-stage SaaS VC slip snaps recovery as public software stocks soar. The San Francisco Bay Area is perhaps one of the best-known tech and startup hubs in the world. Jason Rowley. Contributor.