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A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the SanDiego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. SanDiego-Carlsbad-San Marcos was number 7, with $36.6M in deals in 2012 and 3.3
The fight over Proposition 23, the California referendum coming to the polls to overturn AB32, has more backers today, from a group of 30 SanDiego CEOs. billion in private equity investments in the state. Pitt of EcoDog , and Camille Sobrian of CONNECT among others.
It hasn''t been a great few months for SanDiego''s software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. growth investment industry software diego swarm' READ MORE>>.
SanDiego-based Qualcomm has renewed its investment in Visage , as part of a Series C funding for the enterprise mobility management software provider. According to Visage, the round was led by Motorola Solutions, and also included Palisades Ventures, Qualcomm Ventures and Worldview Technology Partners.
SanDiego venture investor and entrepreneur Barbara Bry , who co-founded Proflowers.com and several other local technology companies, said on Wednesday that she is running for Mayor of SanDiego , in a move to further extend her experience in the technology industry into politics. READ MORE>>.
A number of local angels have backed a technology-driven, weight loss program operator called RETROFIT. Those angels included Renee LaBran , a partner at local investor Rustic Canyon / Fontis Partners, and Howard Lindzon , the founder of SanDiego-based StockTwits. Retrofit is based in Illinois.
Anzu Partners , a venture capital and private equity investors focused on industrial technology with offices in the SanDiego area, has quietly raised $128.4M Among Anzu's Venture Partners is Carl Eibl, former Managing Partner at Enterprise Partners in SanDiego, and Vice Chairman of CONNECT; Eibl is based in SanDiego.
The University of SanDiego has received $1M from the incubator arm of Intellectual Ventures , the investment fund which was founded by recently deceased Microsoft co-founder Paul G. The Legler Benbough Foundation provided a $250,000 matching contribution to the new effort, with ISF providing $750,000. READ MORE>>.
SanDiego-based Adtile Technologies , a mobile ad technology company led by Nils Forsblom, has raised $4.5M fruugo finland investment capital venture advertising mobile tenfarms technologies adtile' in a Series A funding. The company did not announce the names of investors in the round. founded by Forsblom.
Southern California venture capital investments totaled $686.5M According to the report, released today, Southern California investments totaled $686.5M Southern California's investment totals bucked the national trend, which found that there was a 9 percent drop in dollars to $4.7 SanDiego was not far behind, with $222.4M
SanDiego-based Seqster , which develops software used f[link] health data management, said today that it has received an investment from Takeda Pharmaceuticals. Size of the investment was not announced.
When people think Walmart , they don't often think of the retail giant as a technology leader. However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in SanDiego is responsible for the company's key supply chain technology, online e-commerce site, and much more.
The SanDiego Angel Conference, an angel investing effort which is run by the University of SanDiego (USD) School of Business, says it has made investments in five companies at its conference this year, worth a total of $500,000.
SanDiego- and Palo Alto-based venture capital investor Correlation Ventures said this week that it has so far funded eight companies in Q1, and had its first portfolio exit, at Virsto Software. The $165M venture capital fund said it now has investments in 47 companies. David Coats is the firm''s managing director in SanDiego.
When people think Walmart , they don't often think of the retail giant as a technology leader. However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in SanDiego is responsible for the company's key supply chain technology, online e-commerce site, and much more.
in a Series C funding round, which it said partially go to expanding hiring at its SanDiego offices, the company announced on Wednesday. Health IQ plans to use the funding to fuel hiring in its Mountain View and SanDiego offices, continue product development and accelerate customer growth, according to the company.
SanDiego-based Qualcomm Life , the wireless health-focused subsidiary of Qualcomm, reported today that it has made an investment in wireless healthcare startup AirStrip Technologies. Financial details of the investment were not disclosed. lcare, AliveCor, Cambridge Temperature Concepts and WorkSmart Labs.
Southern California technology companies raised $709.8M Los Angeles led the region in investments, with $348.6M in investments; SanDiego followed, with $205.2M in venture capital raised in Q3; Orange County had $155.96M in investments for the quarter. in investment. in investment. READ MORE>>.
was invested across Southern California in Q4 of 2012. The funding brings Southern California's total 2012 investments to $3.2 Los Angeles had a total of $311.25M in deals for the quarter, followed by Orange County with $197.8M, then SanDiego, with $174.6M billion was invested in 3,698 deals. in funding.
SanDiego-based Qualcomm said Thursday that it has committed to investing $40M in China, investing in four different Chinese companies and one venture capital fund. China Walden Ventures Investment is a venture capital fund focused on investing in semiconductor and semiconductor-related businesses in China.
Lasergen , a startup developing technology for the DNA sequencing market--and which has an office in SanDiego--has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Agilent already owned a 48 percent ownership stake in Lasergen, as part of an investment it made in March of 2016.
SanDiego-based Qualcomm has put its weight behind a developer of software used for Big Data analysis of physical retailers, in a strategic funding. Tyco and American Express also made strategic investments in RetailNext. Qualcomm is providing wireless and location technologies to RetailNext as part of its products.
SanDiego-based wireless technology developer Qualcomm is the lead investor in a $14M round for Spanish Wi-fi sharing network operator Fon , the companies have announced. europe international spain sharing wireless network capital venture investment wifi qualcomm' READ MORE>>.
SanDiego-based 3D Robotics , the drone technology developer led by Chris Anderson and Jordi Munoz, has scored a high profile investment from Sir Richard Branson , according to the firm. Financial details of the investment were not disclosed. flying robot investment capital venture branson richard drone robotics'
Domain Elite , the joint venture between SanDiego investor Domain Associates and China''s Elite Consulting, said today that it has made an investment in SMART Medical Systems , a developer of endoscopy and colonoscopy products. Domain Elite said it invested $6.5M READ MORE>>.
Southern California''s venture capital investments totaled a little more than $598.4M The investments were a drop from Q4 of 2012, $711.8M was invested in the region. billion was invested across Southern California''s technology industry. billion was invested in 1,077 deals nationally. For Q4, $8.4
SanDiego-based biopharmaceuticals developer Sorrento Therapeutics announced on Monday that it has invested in a newly former company, Celularity , focused on treatment of cancer, inflammatory and degenerative diseases, and functional regeneration using placental technology. READ MORE>>.
Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, SanDiego and Los Angeles as it bids to increase its workforce in the U.S. The investment was lauded by Texas Governor Greg Abbott. But Austin isn’t the only focal point for Apple growth in the U.S.
SanDiego-based Qualcomm announced this morning that it has created a new, wholly owned subsidiary called Qualcomm Life , which will focus on wireless solutions for the medical devices market. The service will help medical device manufacturers connect their devices wirelessly via mobile phones, cell connections, and other technology.
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.
Summer can be a slow time in SanDiego, but its startups have stayed busy. —Ezoic, a startup that developed software for web publishers that uses machine learning techniques to personalize layouts and ad placements for site visitors, raised $33 million to further develop its technology. .
SanDiego-based MemComputing , a startup developing high performance computing (HPC) technology, has been selected by Chevron Technology Ventures (CTV), for CTV's Catalyst Program, which supports early stage companies focused on the oil and gas industry. MemComputing is led by CEO and co-founder John Beane.
SanDiego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. READ MORE>>.
SanDiego-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. Qualcomm is a provider of technology used in the 5G wireless industry. billion in funding.
We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (SanDiego, digital gift cards). Tim Cadogan , OpenX (Pasadena, advertising).
SanDiego-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. The company said its latest funding was worth $500,000. READ MORE>>.
Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. was invested in the region. was invested in the region.
SanDiego-based Atlazo , a startup developing systems-on-a-chip (SoC) semiconductors aimed at used in healthcare and Internet-of-Things (IoT) applications, has raised $3.4M The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. According to the TCA, its angel network members invested $2.5M
The region has it's own set of challenges because it lacks the investment dollars and talent pool you'll find in the Bay Area. I'm always meeting founders developing new products, technologies or getting ready to launch a company whether it's at the SanDiego Tech Founders or SanDiego Tech Coffee meet ups.
SanDiego-based Qualcomm has backed a developer of advanced photo and camera array technology, Pelican Imaging , with a strategic investment today. The company''s technology competes against similar technology from Lytro. READ MORE>>.
SanDiego-based wireless technology giant Qualcomm has made a strategic investment in Macheen , a provider of services and technology to provide always-on, connected devices. Financial details of that strategic investment were not disclosed.
SanDiego-based life sciences giant Illumina says it has made investments in seven startups, as part of its accelerator program, the Illumina Accelerator. The company said that the investments were made as part of two different programs, the Illumina Accelerator Cambridge, UK, and the Illumina Accelerator San Francisco Bay Area.
The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011. was invested in the region.
SanDiego-based Radicle Growth, which focuses on incubating early stage agriculture and food technology, and agriculture giant UPL said today that the two are in a new partnership, which will invest $1.25M in two startups that can "positively impact and reduce the carbon footprint and improve soil health of the food value chain."
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