Study Stakes San Diego’s Claim in Genomics: $292M in 2016 VC Deals

Xconomy

Preliminary findings from an economic impact study show that genomics is emerging as a distinct innovation cluster in San Diego. The San Diego Regional Economic Development Corp.

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. I started with a list of companies already screened by the San Diego Venture Group’s annual venture summit, and consulted with investors and startup mentors to refine the list.

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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

Santa Barbara, San Diego Tops On Per-Capita Venture Capital

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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 San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. San Jose-Sunnyvale-Santa Clara; 2.

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.

Raken Aims for Growth in Mobile App for Construction Site Reporting

Xconomy

National blog main National top stories San Diego San Diego blog main San Diego top stories Building Industry Construction Industry Entrepreneurship IT Kyle Slager Mobile mobile apps people Raken Sergey Sundukovskiy Software Software as a Service (SaaS) startups Web wireless

San Diego VC Funding at $426.6M in Third Quarter; Plus Top 10 Deals

Xconomy

The San Diego artificial intelligence company Brain Corp. topped the chart for raising the most venture capital in San Diego during the third quarter that ended September 30, according to Venture Monitor data released Tuesday. As Xconomy reported in July, Brain Corp. raised $114 million in a Series C funding round led by Softbank’s new $100 billion Vision Fund.

San Diego, Irvine Tops For Engineering Job Demand, Says Report

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Two, Southern California markets-- San Diego and Irvine --are among the top ares for engineering job demand, according to a report today. listings monster technology engineering employment jobs irvine diego

Amid Gender Gap Talk, Mentor Network Emerges For Women In Health, Bio

Xconomy

It’s been more than a year since an infamous party with hired models in cocktail dresses captured the biotech community’s attention at the 2016 J.P. Morgan conference. There has been plenty of talk since about closing biotech’s notable gender gap. At this year’s J.P

Report: Biotech VCs Perpetuate Boardroom Gender Gap

Xconomy

If power in the business world is centered in the boardroom, women in biotech have a long way to go to get their fair share—and the venture community deserves much of the blame.

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Two San Diego Sites Rank Tops In Rising Social Networking Interest

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A report issued this week by Experian Marketing Services has identified two, San Diego niche social networking sites as being among the fastest growing sites between July of 2011 and July of 2012.

San Diego Sees Strong Cybersecurity Growth As Firms Seek Talent

Xconomy

San Diego’s cybersecurity workforce has grown by nearly 15 percent over the past two years, according to a study released today by the Cyber Center of Excellence, a nonprofit industry group created to boost cybersecurity jobs and technologies in the region. The center commissioned the report to help quantify the economic impact of the cybersecurity industry in San Diego, and to assess how employers view their prospects for growth and needs for future hiring.

Sony Slashes Staff At San Diego Game Studio

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Sony has cut more than 50 employees in San Diego, at its Sony San Diego Studio , which develops videogames such as Kill Strain and MLB. According to reports , the layoffs are part of a wider cut in its videogaming operations which also included workers in London. Gamasutra reported the moves are possibly a move away from "live games" development at Sony. sony diego studios videogame studio layoff jobs employment online games

Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

San Diego’s Avelas Biosciences , founded in 2009 to advance a fluorescing biologic agent intended to help surgeons differentiate cancerous tissue from healthy tissue, has completed a $20 million Series C round of venture funding. and San Diego’s Avalon Ventures.

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Synthetic Genomics Creates Host Organism Optimized for Bio Industry

Xconomy

Scientists from Synthetic Genomics, the San Diego-based industrial biotech, have re-engineered a fast-growing microorganism found in salt marsh mud to maximize its production of proteins and to optimize other common bio-based processes.

Gottlieb Reportedly On Tap to Lead FDA, and Biopharma Exhales

Xconomy

According to several news reports, the Trump administration will nominate Scott Gottlieb to be the new commissioner of the FDA, a selection that had the life sciences industry breathing a sigh of relief Friday afternoon.

News 34

Dauntless Takes Flight with New Business Model for Starting Biotechs

Xconomy

First came Inception Sciences , a holding company for spinning out biotech startups established by Versant Ventures and Peppi Prasit, the veteran San Diego drug developer. David Kabakoff, a Sofinnova partner in San Diego, also is a Dauntless board member.

Raken Gets $2M For Construction Reporting Software

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San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. raken venture capital construction reporting softwareThe funding was led by Rincon Venture Partners , and also included Eniac Ventures and Spider Capital. Raken is led and was co-founded by CEO Kyle Slager and CTO/CPO Dr. Sergey Sundukovskiy.

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At “The Vine,” Developer Builds a Vertical Campus for Tech Startups

Xconomy

In downtown San Diego, a private real estate company best known for its master-planned communities in suburban Southern California has posed some existential questions for regional tech hubs looking to build their own startup ecosystems. 101 West Broadway tower in downtown San Diego.

Biotech Roundup: Opioid News, ASH Preview, Boston Bio IPOs & More

Xconomy

President Trump’s opioid commission released its final report this week, calling for expansion of drug courts, better physician training, and penalties for insurers that don’t cover treatment. But as an Xconomy report noted, the pipeline of alternatives is thin due to. The rising death toll from opioids has prompted policymakers to try various ways to take on the problem.

Social Web Startup Signs Deal with AP to Distribute Sports Scores

Xconomy

ScoreStream, a San Diego area startup providing a crowdsourced social media platform for reporting high school sports scores, said Thursday it has agreed to distribute high school game scores under a new collaboration agreement with The Associated Press. ScoreStream said it also will report high school basketball scores for both boys and girls in 33 states.

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Bio Roundup: ASCO Digested, Juliet Unveiled, PTC Slated & More

Xconomy

The New York Times Magazine wrote a few weeks ago about the extraordinary metabolic changes in a python after it gulps down a 50,000 calorie meal. The biomedical world was like a postprandial python this week; after extending its maw around the supersized meal of news and data from the American Society for Clinical Oncology meeting over the weekend, life science info flow nearly came to a halt. James Comey might have had a wee bit to do with that, as well.)

News 20

Websense, After Move From San Diego, In Acquisition Talks

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Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Bloomberg reports that the companies are in talks to sell Websense to Raytheon in a deal worth more than $1 billion.

Immunotherapy Clinical Tests Spur Hope, and Plenty of Headaches

Xconomy

“A number of patients are sick and tired of chemo, so they’ll roll the dice, knowing they won’t stay on the study” if they are assigned to take chemo, says Andrew Ko, a gastrointestinal cancer specialist at the University of California, San Francisco.

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ASCO Roundup: Checkpoint Combos, Tumor Profiling, Financial Toxicity

Xconomy

[ Note: Ben Fidler coauthored this report.] The American Society of Clinical Oncology conference is wrapping up, and the closely-watched medical meeting-slash-hype machine produced its usual array of data.

VC Funding Surges in Fewer Deals in Third Quarter, and Top 10 Deals

Xconomy

“More dollars, fewer deals” has been a prevailing trend in venture funding over the past couple of years, and it was evident again in the three months that ended September 30, according to the latest Venture Monitor report.

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VC Confidence Holds Steady in Quarterly Survey, But Reasons Change

Xconomy

That Q4 2016 edition of a quarterly survey by University of San Francisco business professor Mark Cannice rated the overall confidence of the VCs at 3.81

Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

Bio Roundup: $1B Deals, Data Bumps, Acorda’s Lumps, Generic OKs & More

Xconomy

The FDA reported that generic drug approvals are set to hit a record ; the agency under Commissioner Scott Gottlieb has moved this summer to increase generic competition and lower the nation’s high drug prices. Meanwhile, drug-price hawks can sharpen their talons on a report this week from The New York Times and ProPublica.

Acorda Takes Another Hit, Reports Patient Deaths in Parkinson’s Study

Xconomy

Acorda reported cases of arangulocytosis, dangerously low levels of infection-fighting white blood cells, and some of them have led to sepsis and death. Acorda Therapeutics’ rebuilding plan just suffered another setback, leaving the fate of one of the experimental Parkinson’s disease drugs that is closest to market unclear.

Study 12

ViaCyte Working with Gore to Improve its Synthetic Pancreas Device

Xconomy

San Diego-based ViaCyte said today it is collaborating with W.L. When ViaCyte reported preliminary results from its initial clinical.

Texas Looks To Steal Away Another San Diego Company, Omnitracs

socalTECH

According to reports, Omnitracs is in the midst of negotations to move its operations out of San Diego, and to Austin, following the recent sale of Omnitracs by Qualcomm to private equity firm Vista Equity Partners. If the deal goes through, the company will be the second Vista Equity owned company in San Diego to move to Austin, after the move last week of computer security software WebSense --also owned by Vista Equity. texas diego omnitracs jobs employment

Report: Los Angeles, San Diego Among Top Startup Markets

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Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. kauffman angeles diego startup activity report venture capital economy investment