Forward Slope Gets Investment
socalTECH
DECEMBER 1, 2022
San Diego-based Forward Slope, a provider of software for the defense industry, has received an investment from private equity investor Trive Capital. Size of the investment was not announced.
Health IQ Finds $34.6M, Plans San Diego Hiring
socalTECH
NOVEMBER 15, 2017
in a Series C funding round, which it said partially go to expanding hiring at its San Diego offices, the company announced on Wednesday. Health IQ plans to use the funding to fuel hiring in its Mountain View and San Diego offices, continue product development and accelerate customer growth, according to the company.
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Qualcomm Invests $97M In India's Jio
socalTECH
JULY 13, 2020
San Diego-based Qualcomm has just taken a $97M stake in Indian telecom provider Jio , via its Qualcomm Ventures venture arm, Qualcomm said on Sunday. Qualcomm said its investment gives it a 0.15% equity stake in Jio Platforms. Jio has recently raised a total of $15.7 billion in funding.
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Walmart: Turning San Diego Into Its Technology Center
socalTECH
AUGUST 27, 2018
However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?
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Walmart: Turning San Diego Into A Key Technology Center
socalTECH
AUGUST 27, 2018
However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?
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Twist Bioscience Expands In San Diego
socalTECH
FEBRUARY 28, 2018
NFT Investment Limited, KANGMEI Group, Bay City Capital GF Xinde Life Science Investment Fund, 3W Partners Capital and Ditch Plains Capital Management LP. Twist is venture backed by such investors as Biomatics Capital, plus Reinet Fund S.C.A.,
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113 JMI Equity Leads $35M Investment In Lytics
socalTECH
FEBRUARY 21, 2019
San Diego-based private equity investor JMI Equity is the lead investor in Lytics , a developer of marketing personalization software, in a $35M, Series C investment announced by Lytics on Thursday. The company said the funding will go towards strategic growth initiatives in the product development and "customer success" areas.
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Servier Licenses CureMatch Tech for Custom Cancer Drug Treatments
Xconomy
MARCH 15, 2019
A global pharmaceutical company based in France has licensed software developed by San Diego digital health startup CureMatch that aims to help cancer doctors customize the combination of drugs they prescribe to patients based on mutations in cancer DNA. The company, which CEO Bob Manning says has raised about $2.5
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Close5: eBay's San Diego Move Into The Mobile, Local Market
socalTECH
JANUARY 7, 2015
So, it''s no surprise that the area--specifically, San Diego--was chosen for the pilot launch of a new service from eBay, called Close5 (www.close5.com), So, we''re taking that concept and launching it here in San Diego. Why San Diego? com), which offers up local, peer-to-peer sales.
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VizExplorer Snags Strategic Investment From Stanley Black & Decker
socalTECH
SEPTEMBER 13, 2016
San Diego-based VizExplorer , which developers business intelligenec software, has raised round of strategi investment from tool manufacturer Stanley Black & Decker. Financial terms of the investment were not announced. READ MORE>>.
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Qualcomm Re-Ups Investment In Mobile Management Firm Visage
socalTECH
MAY 3, 2012
San Diego-based Qualcomm has renewed its investment in Visage , as part of a Series C funding for the enterprise mobility management software provider. Qualcomm was the lead on the February 2010 round for Visage, whose software is used to manage the security and mobile policy for enterprise customers. READ MORE>>.
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EDF Renewable Energy Gets Investment From TIAA-CREF
socalTECH
MAY 20, 2014
San Diego-based EDF Renewable Energy , the developer of solar power projects, said Monday that TIAA-CREF has made an investment in the firm. EDF explained that its Catalina Solar project generates enough electricity to power approximately 35,000 homes, and is supplying power to customers of San Diego Gas & Electric.
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Workiz Snags $40M In Series C
socalTECH
NOVEMBER 17, 2021
San Diego-based Workiz, which provides software used by home services companies to manage their teams and things like payment requests and back office operations, has raised $40M in a Series C funding. The company said the new funding will go to scale its operations, while recruiting more talent and growing its customer base.
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Porch.com Gets Investment, Strategic Partnership With Lowe's
socalTECH
JANUARY 14, 2014
Porch.com , the online site focused on home improvement information which has operations and one of its founders in San Diego , has inked a big strategic deal today with Lowe''s , the companies said today. As part of the deal, Lowe''s is making an undisclosed strategic investment in Porch.
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Classy Acquires Events Platform Fondi
socalTECH
OCTOBER 19, 2021
San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd.
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Lytx Sees Record Revenues
socalTECH
APRIL 14, 2021
San Diego-based driver safety and monitoring equipment maker Lytx says it has set its all time record revenue in 2020, as a result of a 63% increase in new customers. According to the company, it secured more than 100,000 new and upgraded subscriptions.
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DealerSocket Gets Investment From Vista Equity Partners
socalTECH
MAY 14, 2014
San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. Financial terms of the investment were not disclosed. DealerSocket said it now has 450 employees.
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Good Eggs raises $100M and plans to launch in Southern California
TechCrunch LA
FEBRUARY 3, 2021
It seems, however, that the company has found plenty of opportunity for growth while remaining focused on the San Francisco Bay Area. Good Eggs says that in the past year, revenue has grown to the nine figures (more than $100 million), hired more than 400 employees and nearly doubled its customer base.
Huntington Capital Boosts Custom Products Manufacturer
socalTECH
JULY 22, 2010
San Diego-based Huntington Capital , a provider of mezzanine capital provider to lower middle market companies, is backing a Seattle manufacturer of custom photo books and other printed products. Amount of the funding was not disclosed.
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EDF Renewables Buys Half Of EnterSolar
socalTECH
SEPTEMBER 24, 2018
San Diego-based EDF Renewables North America , which develops and manages renewable energy projects, said this morning that it has acquired 50 percent of EnterSolar , a provider of distributed solar generation to commercial and industrial customers.
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113 Postmates’ newest feature is like Uber POOL for food delivery
TechCrunch LA
MARCH 20, 2019
Postmates is launching a new feature called Postmates Party that lets customers within the same neighborhood pool their orders. In return, these customers get the food delivered for free, eliminating a major pinch point for potential Postmates users. The feature is now available in Chicago, Las Vegas, Long Beach, Calif.,
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Perspectium Finds $8M For Service Management Integration Tools
socalTECH
APRIL 24, 2019
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. The company says its customers include Fortune 500 companies, software-as-a-service vendors, and global service providers.
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Dvele Picks Up $14M For New Home Building Startup
socalTECH
MARCH 28, 2019
San Diego-based Dvele , a new, technology startup which is using technology that allows people to order up, custom-febricated homes, and handles everything from design to on-site construction, has raised $14M in a funding round, the company announced on Thursday.
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Trovata Gets Seed Funding From J.P. Morgan
socalTECH
DECEMBER 11, 2018
San Diego-based Trovata , a company developing cash automation software for the treasury management market, has raised a round of seed funding, led by J.P. Size of the investment round was not announced. Morgan, according to the company. Trovata's founder and CEO is Brett Turner. READ MORE>>.
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Deckard Technologies Finds $4M For AI Property Tax Software
socalTECH
SEPTEMBER 16, 2019
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. READ MORE>>.
eSUB Construction Software Gets $5M In Series A
socalTECH
DECEMBER 20, 2016
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. The funding came from Revolution Ventures. The funding came from Revolution Ventures.
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Zingle Taps Silicon Valley Vet As New CEO
socalTECH
JUNE 12, 2014
San Diego-based Zingle , which is developing texting tools for businesses such as hotels and restaurants, said this week that it has tapped a Silicon Valley veteran as its new CEO. The company said it named John Girard, the former Founder and CEO of Clickability, to head up the company''s operations from San Diego.
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Tealium Adds $35M to Expand Technology, Sharpen Customer Focus
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. Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7
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40 TVC Capital Backs Wellness Software Firm
socalTECH
NOVEMBER 8, 2012
San Diego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade , a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a funding round from TVC, which it will use for innovation and servicing its customers.
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232 Inseego Rolls Out New MiFi Hotspot For Sprint
socalTECH
JUNE 7, 2019
San Diego-based Inseego , the developer of the popular MiFi mobile hotspot devices, has gotten back on track with its release of a new hotspot for Sprint. According to Inseego, its new MiFi 8000 Mobile Hotspot will roll out beginning June 14th to Sprint customers, to provide gigabit-speed performance and enterprise security features.
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113 Profitability Helps San Diego Lender Step Out from Industry Cloud
Xconomy
JULY 26, 2016
In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. Nevertheless, Gilbert said most customers still want to talk to a loan officer and have a consultative discussion. We know what’s it’s like to be in an economic downturn,” he said.
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Kyriba Expands In Latin America
socalTECH
MAY 14, 2018
San Diego- and New York-based Kyriba , which develops cloud-based treasury management software, said today that it is expanding its investment in Latin America, and has named Alex Canale as its new General Manager for the region. READ MORE>>.
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Kazuhm Gets Funding For Distributed Computing Software
socalTECH
OCTOBER 19, 2018
San Diego-based Kazuhm , a startup developing a distributed computing workload platform, has received a funding round from Analytics Ventures, Analytics said this week. Size of the investment was not announced. Tim O'Neal, a former executive at Intuit, is CEO of Kazuhm.
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GrubMarket raises $60M as food delivery stays center stage
TechCrunch LA
OCTOBER 5, 2020
The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.
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Report: Southern California Venture Capital Totals $464M In Q3
socalTECH
OCTOBER 14, 2010
Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. billion invested in the region. in investments.
Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies
TechCrunch LA
OCTOBER 28, 2020
The investment firms and executive teams behind the Los Angeles-based delivery liquor delivery company, Saucey , along with Inception Companies, the backer of marijuana distribution company, Emjay , have formed Pacific Consolidated to merge their two companies and build what’s likely the largest “vice” company in the world. .”
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BioSurplus Gets $1.5M For Boston Expansion
socalTECH
MAY 10, 2012
San Diego-based BioSurplus , a provider of pre-owned, laboratory instruments for the life sciences industry, said today that it has raised $1.5M The firm said the funding came from KI Investment Holdings. in a capital raise for an expansion into Boston. The firm is headed by Preston "Cinco" Plumb. READ MORE>>.
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Mercato, Grocery Delivery Startup For “Indie” Retailers, Gets $4M
Xconomy
JULY 2, 2019
Delivery services such as Shipt and Instacart deliver groceries to customers’ doorsteps daily. Amazon (NASDAQ: AMZN ) and Walmart (NYSE: WMT ) also offer the service, albeit only for their own stores. Large-scale chain stores are the focus of most grocery delivery services. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
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65 Avalon Ventures Backs Indix For E-Commerce Product Data
socalTECH
JUNE 24, 2015
San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures.
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100 DR Technologies Lands $4.5M More From Private Equity
socalTECH
JUNE 9, 2010
San Diego-based DR Technologies , a firm which designs, engineers, and manufactures composites for commercial, military, and scientific satellites and other space systems, has raised $4.5M in a follow-on investment. The investment came from Los Angeles private equity firm Nogales Investors.
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BUMP Network Raises $2.3M
socalTECH
NOVEMBER 6, 2012
San Diego-based BUMP Network , a developer of online software used by membership programs to manage registrations and partnership programs, has raised $2.3M The funding round came from Eric Schmidt via TomorrowVentures, ZIG Capital, Chris Burch via JCB Investments, Moore Venture Partners, La Jolla Holding Co.,
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180 JMI Equity Backs BrightLine
socalTECH
JULY 19, 2011
San Diego-based private equity firm JMI Equity has backed a provider of marketing services for the interactive TV market. According to New York-based BrightLine , it has scored a strategic growth investment from JMI Equity, with JMI Equity's General Partner Brad Woloson joining the company's board of directors. READ MORE>>.
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145 SmartDrive Systems Raises $47M For Better Driving
socalTECH
JUNE 18, 2012
San Diego-based SmartDrive Systems , which develops driving safety systems for managing driving fleets, said Monday afternoon that it has raised $47m in a new funding round. The firm said the round was led by Oak Investment Partners and New Enterprise Associates, and also included Stanford University. READ MORE>>.
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150 Cisco to Pay $660M for Luxtera, Maker of Advanced Data Center Chips
Xconomy
DECEMBER 18, 2018
The semiconductor company, founded in 2001, is based in Carlsbad, CA, a San Diego suburb. Cisco, the San Jose, CA-based tech giant (NASDAQ: CSCO ), said Tuesday that Luxtera’s advanced chips will help it offer its customers faster and better network service performance.
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