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SanDiego-based biopharmaceuticals developer Receptos has set the initial, estimated pricing range for its IPO, saying in a filing Thursday that it now expects its IPO pricing to be between $14.00 and $16.00 READ MORE>>. receptos merger acquisition lifescience biopharma biopharmaceuticals rcpt exit'
SanDiego-based Ambit Biosciences has priced its IPO, saying that it is offering up 8,125,000 shares of its common stock at $8.00 Ambit priced well below its estimated initial public offering range, which had been set at between $13.00 The company will start trading today on the NASDAQ Global Market as AMBI. and $15.00
SanDiego-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 funding round came from Lightspeed Venture Partners, T. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures.
SanDiego-based Odonate Therapeutics , a pharmaceuticals startup focused on chemotherapy drugs, has priced its IPO, saying on Wednesday afternoon that it has priced its IPO at $24.00 per share was on the low end of its initial estimated pricing range of $24.00 The $24.00 READ MORE>>.
SanDiego-based TuSimple priced its IPO last night, saying that it will sell 33,783,783 shares of its Class A common stock at the price of $40.00 Composite Capital Master Fund, and Navistar. per share, raising just over $1 billion for the company. Piper Sandler and Valuable Capital.
SanDiego-based AnaptysBio , which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. READ MORE>>.
SanDiego-based Slacker, which operates an online personalized Internet radio and associated hardware players, told its users today that it has rolled out a new, lower price offering. The firm is venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, and Sevin Rosen Funds. READ MORE>>.
SanDiego-based biopharmaceuticals developer Receptos is trading flat after its initial public offering, after pricing last night at $14.00 The developer of biopharmaceuticals for treating immune and metabolic diseases priced at the low end of its estimated IPO range, which was $14.00 READ MORE>>.
BigMachines , a developer of cloud-based software for product configuration, pricing, quoting, and proposals, has scored funding from SanDiego private quity investor JMI Equity. Financial details of the new funding were not disclosed.
Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business. The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated.
SanDiego-based Borrego Solar Systems , the venture-backed installer of solar photovoltaic power systems, said today that it has closed on a new, $47M financing fund. The new fund comes from U.S> The fund will go to fund Power Purchase Agreements (PPAs).
SanDiego-based Arena Pharmaceuticals announced this morning that it has launched a new company, Longboard Pharmaceuticals , with $56M in funding. The new funding comes from Farallon Capital, Cormorant Asset Management, HBM Healthcare Investments, Highside Capital Management, and T.
SanDiego-based ShowUhow , a developer of an online web site focused on video instruction guides for manufacturers and retailers, said today that it has raised $3M in a funding round. The firm said the Series A funding came from Syncom Venture Partners.
Publicly held biopharmaceuticals firm MediciNova , which is based in SanDiego, said last night that it has raised $20M in funding in a deal with Aspire Capital Fund, LLC. Medicinova said that Aspire will purchase the $20M in common stock at market prices.
Frank Slootman , the CEO of SanDiego-based ServiceNow , headed up the software developer''s very successful IPO last year. Pure Storage, which is based in Silicon Valley, announced the addition of Slootman to its board today, along with a huge, $150M funding. That funding came from T. READ MORE>>.
per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 The firm, which is headed by Zorik Gordon, was venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others. The firm sold 4,166,667 shares of stock at $13.00
SanDiego-based Gen-Probe said Tuesday that it has signed a definitive agreement to acquire Prodesse, a provider of molecular testing for influenza and other infection diseases. The deal is worth $60M in cash, with provision to increase the price to $85M on meeting specific financial and regulatory milestones.
SanDiego-based Sophiris Bio said this morning that it has raised $2M in funding from Aspire Capital Fund, and received commitments of up to $13M more, to help fund its efforts to develop a treatment for localized prostate cancer. READ MORE>>. sophiris venture capital pipe biotech lifescience'
I’ve had this conversation with several communities such as in SanDiego where I believe there are way more qualified and talented engineers than available local capital to support them. Actually, there is tons of wealth in SanDiego but it isn’t organized well to support them. Otherwise, good luck!
SanDiego-based GreenRope (www.greenrope.com) is just that, and to figure out how it got to where it is, we spoke with Lars Helgeson, the firm's CEO, about what exactly GreenRope provides, how it grew out of email marketing, and where it is going. Switching topics for a moment, how is the company funded?
KnGrid said the two are working on a cloud-based service for utilities to send grid conditions and pricing signals to connected electric vehicles. The company apparently has a prototype, electric car charging system implemented at the University of California, SanDiego. KnGrid was founded by Stephen G. Davis and David Hawkins.
The feature illustrates how Postmates, one of the earlier entrants to the billion-dollar food delivery wars , is trying to remain competitive by appealing to price-sensitive customers. Los Angeles, Miami, New York City, Phoenix, San Francisco, SanDiego, Seattle, Orange County, Calif. and Philadelphia. billion valuation.
Goldstar offers up half-price tickets to local concerts, theaters, comedy clubs, sporting events, and much more through a weekly email newsletter. The firm's deals are only available to members--who sign up for free--and are used by ticket marketers to fill out venues. Goldstar says it now has more than 1.2 million members using its services.
SanDiego-based TargeGen , a firm developing small molecule kinase inhibitors for the treatment of myelofibrosis (MF) and polycythemia vera (PV), has been acquired by Sanofi-aventis, in a deal worth as much as $560M, the firm said Wednesday. TargeGen had raised over $113M in venture funding from A.M.
The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. . Image Credits: Facebook.
The board of directors of SanDiego-based Illumina , the life sciences tools and analysis systems firm, said last night that it has rejected the unsolicited offer from Roche. Illumina also pointed out that Roche's bid is below the current trading price for its stock, which was most recently trading around $51.80
One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. Pricing starts at $190,000, but the average project cost across all sizes is around $230,000, Geary said, inclusive of permits and site work. Next, Abodu is eyeing the SanDiego market. housing market persists.
Locally based biotech companies receive fresh funding from investors. Get the details on these developments and more in SanDiego life sciences news: —Evofem Biosciences (NASDAQ: EVFM ) struck a deal to raise up to $80 million in a private placement. million shares.
SanDiego-based sales enablement and marketing software developer Seismic said this week that it has named a new Chief Product Officer. Seismic recently raised another $92M in funding, which valued the company at approximately $1.6 Rowe Price READ MORE>>. Mantipragada also previously served at First Data and SAP.
SanDiego-based biopharmaceuticals company Avidity Biosciences said on Thursday that it has upsized its public offering, and will be offering up 12,000,000 shares of its common stock at a price to the public of $17.25 per share, and is now expecting to raise $207M for the company.
SanDiego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Rowe Price, according to the company. Seismic has now raised $440M in total funding.
SanDiego-based AnaptysBio , which develops antibodies for treating inflammation, has raised $75.0M Anaptys priced its IPO on Wednesday night at $15.00 AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. READ MORE>>.
SanDiego-based Design Therapeutics, a biotech company which is developing small molecules for the treatment of serious degenerative disorders caused by inherited nucleotide repeat expansions, said it has raised $125M in its Series B funding round. Rowe Price Associates, Inc., Arsani William, M.D.,
SanDiego-based biopharmaceuticals developer VelosBio says it has raised $137M in a Series B funding roudn, to go towards its oncology efforts. Rowe Price Associates, Inc., Venrock Healthcare Capital Partners, Viking Global Investors, Wellington Management Company, as well as the company's existing investors.
SanDiego- and New Jersey-based OncoSec Medical, a publicly traded biotechnology company focused on treatment of cancer, said today that it is raising $42.0M The company said it is offering of 7,711,284 shares of its common stock at a price of $5.45, with an expected close on January 25th.
SanDiego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.
SanDiego-based Odonate Therapeutics , a startup that says it is hoping to develop chemotherapy drugs, is looking to raised $182.5M The company has set its estimated IPO price range at between $24.00 in an IPO on the NASDAQ Global Select Market. and $27.00 The company's IPO is being underwritten by Goldman Sachs & Co.,
SanDiego-based biopharmaceutiacls developer Viking Therapeutics says it has raised $12.5M in a common stock purchase agreement, from Aspire Capital Fund. per share, with the remaining $12M to be purchase over the next 30 months at prices based on the market price. READ MORE>>.
For this morning's interview, we talked with Noah Auerhahn , President of SanDiego-based Extrabux (www.extrabux.com), an online site focused on providing consumers with comparison shopping combined with discount offers. Finally, what are you using your recent funding round for? Noah, thanks for the interview.
SanDiego-based Seismic , which develops sales enablement and marketing software, has joined the unicorn club, saying this morning that it has raised $92M in a Series F funding, which values the company at approximately $1.6 Rowe Price, its existing investors. Seismic has now raised a total of $270M in funding.
SanDiego-based sales enablement software developer Seismic said this week that it has named Donna DeBerry as its new Vice President, Inclusion. Its investors include Permira Funds, Ameriprise Financial, EDBI, Jackson Square Ventures, Lightspeed Venture Partners, and T. Rowe Price.
SanDiego-based Qualcomm has upped its offer for fellow semiconductor developer NXP Semiconductor N.V. saying that it has increased its offer to $127.50 in cash per share for NXP. Qualcomm had previously offered $110.00 per share in cash to acquire NXP. The bid raises Qualcommm's offer for NXP to a total of $44.0 READ MORE>>.
SanDiego-based GovX , which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. in combined Series A and B funding. The funding was led by Alestra Ltd. The funding was led by Alestra Ltd. The company says it has now raised $21M in funding. READ MORE>>.
Here are some of the peer to peer marketplaces who are active across Southern California (Los Angeles, SanDiego, Orange County, and beyond) trying to bring their. At least one local startup founder here has even used Airbnb to fund their startup --by sleeping on the couch and renting out her bedrooms to generate some startup funds.
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