socalTECH
JULY 16, 2019
Carpinteria-based Procore Technologies , the very fast growing developer of construction management software led by Tooey Courtemanche, has acquired Honest Buildings , a developer of project management software for owners and developers, the company said on Tuesday. Financial details of the acquisition were not announced. According to Procore, the move will help it accelerate its efforts.
L.A. Business Journal
JULY 16, 2019
Esports company and team manager 100 Thieves raised $35 million in a Series B round to fuel its expansion and the development of a new Los Angeles headquarters.
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socalTECH
JULY 16, 2019
San Diego-based Trefoil Therapeutics , which is developing treatments for corneal diseases, has raised $28M in its Series A funding, the company said on Tuesday. According to the company, the funding was led by Bios Partners, and also included Access Biotechnology, plus Hatteras Venture Partners, Aju IB Investment, Correlation Ventures, ExSight Ventures and InFocus Capital Partners.
Xconomy
JULY 16, 2019
Another company headed by former Illumina executives has launched, fueled with a $17 million Series A round from investors including a local venture capital firm. The new firm, Cradle Genomics, is seeking to commercialize improved non-invasive prenatal tests, which analyze blood from a pregnant person to determine whether a fetus will be born with an atypical genetic makeup.
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socalTECH
JULY 16, 2019
Los Angeles-based Bellco Capital , a new investment firm founded by Drs. Rebecka and Arie Belldegrun, who founded Kite Pharma and Allogene Therapeutics, is in a new effort with real estate developer Tishman Speyer , which combines life sciences support with real estate development. According to the firms, the effort will combine biotechnology entrepreneurship and scientific research experience from Bellco Capital to boost real estate development efforts from Tishman Speyer in a new company, Brea
L.A. Business Journal
JULY 16, 2019
Casetabs nabs $3 million; 100 Thieves plans new L.A.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JULY 16, 2019
Trefoil Therapeutics, which is developing treatments for diseases that affect the cornea, the outermost layer of the eye, has raised $28 million to move its lead drug candidate into human testing. The company is developing an engineered form of fibroblast growth factor-1 proteins (FGF-1) as a treatment for corneal diseases such as Fuchs’ dystrophy , which gradually causes endothelial cells within the cornea to die, leading to blurred vision that can eventually necessitate a corneal transplant.
socalTECH
JULY 16, 2019
Aliso Viejo-based Corent Technology , which develops cloud migration software tools, says it has integrated its tools with Microsoft Azure Migrate, Microsoft's migration software for its cloud services. According to Corent, its SurPaaS software can provide both scanning/discovery/analysis and migration to Azure. Corent says its product is available through the Azure portal, letting customers provide migration project details and allowing customers to view progress of their migrations of their pr
Startup San Diego
JULY 16, 2019
Startup San Diego is proud to announce that the City of San Diego will again be helping to fund San Diego Startup Week (SDSW) next year, increasing its funding from $35,000 to $50,000 for SDSW 2020 and ensuring the early-stage planning of our signature annual event. This timing is perfect. We just finished SDSW 2019, […]. The post City of San Diego Increases Support for San Diego Startup Week 2020 appeared first on Startup San Diego.
socalTECH
JULY 16, 2019
San Diego-based ResMed , which develops medical devices used to treat sleep apnea, COPD and other chronic diseases, has raised $500M in a private placement debt financing, the company said on Monday afternoon. According to the publicly traded firm (NYSE: RMD) the funding came in the form of $250,000,000 principal amount 3.24% senior notes due July 10, 2026, and $250,000,000 principal amount 3.45% senior notes due July 10, 2029.
Startup San Diego
JULY 16, 2019
Startup San Diego is proud to announce that the City of San Diego will again be helping to fund San Diego Startup Week (SDSW) next year, increasing its funding from $35,000 to $50,000 for SDSW 2020 and ensuring the early-stage planning of our signature annual event. This timing is perfect. We just finished SDSW 2019, […]. The post City of San Diego Increases Support for San Diego Startup Week 2020 appeared first on Startup San Diego.
socalTECH
JULY 16, 2019
Anaheim-based networking equipment maker Zyxel is targeting the IP surveillance camera network market, with the launch of a new set of switches specifically aimed at deployment and management of IP camera networks. Zyxel said the new products are aimed at everything from a few cameras to large, high density environments. The new switches include both a set of 8-, 16- and 24-port unmanaged switches, as well as 5-, 8-, 16- and 24-port managed switches, with support for Power over Ethernet (PoE), t
socalTECH
JULY 16, 2019
Venice, California-based Snap , the parent company of Snapchat , and Chinese Internet giant Baidu said on Monday that the two have renewed a sales partnership the two first inked in May of 2017. According to the companies, Baidu will continue to act as Snap's representative to advertisers in Greater Cina, Japan, and South Korea. Financial details of the sales partnership were not announced.
socalTECH
JULY 16, 2019
Carlsbad-based Source Intelligence , which provides supply chain compliance software, has raised new funding, the company announced this morning. Amount of the new funding was not announced. The Series B funding came from Source Capital Partners and Kayne Capital Partners, as well as "local banks". According to the company, it will use the new funding for the development of an artificial intelligence platform and for expansion in the European Union.
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