15 San Diego Companies Chosen for Defense Innovation Program

Xconomy

Technology developed in San Diego for defense purposes has helped to seed the region’s private sector with employees who have skills in fields like cybersecurity, engineering, and biotechnology, as well as spur commercial innovation, according to a report published in October by the San Diego Military Advisory Council (SDMAC).

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. Innovation Companies in San Diego (Courtesy Connect Innovation Report).

Raken Expands In San Diego

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San Diego-based construction compliance and reporting software developer Raken announced this morning that it is expanding its footprint in San Diego, and has moved into a new space at make (cq) in Carlsbad. raken diego construction compliance reporting software growth expansion headquarters

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.

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

San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2 Venture capital investors sank $547.2

Walmart: Turning San Diego Into Its Technology Center

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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? He reports to another department. How long has Walmart had an office in San Diego? How did Walmart decide to set up in San Diego?

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.

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

San Diego’s Amplyx Raises $67M to Advance New Anti-Fungal Drug

Xconomy

After completing an early stage evaluation of its broad-spectrum anti-fungal drug, San Diego’s Amplyx Pharmaceuticals said Wednesday it has raised $67 million in a Series C financing round led by a new investor, Sofinnova Venture Partners.

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.

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

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.

Report: Amazon Launching New Game Studio In San Diego

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Amazon.com is launching a new game studio in San Diego, according to reports , in an effort being led by former Sony Online Entertainment chief John Smedley. amazon game studio diego videogame content hollywood john smedley sony online entertainmentThe new studio apparently is looking to hire on many of the game developers who were at SOE. Smedley had been at Sony Online Entertainment for 20 years, up until July of 2015.

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

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 Jobs In San Diego

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Sony''s massively multiplayer online game division, Sony Online Entertainment , is cutting jobs in San Diego, as part of a cost reduction move, Sony disclosed Wednesday. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations.

3D Robotics Shuts San Diego Office

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Drone maker 3D Robotics , the high profile, consumer drone maker, has closed its San Diego offices and is now refocusing on the enterprise market, according to a number of reports. The shutdown of 3D Robotics' San Diego offices also sees the loss of 3D Robotics co-founder Jordi Munoz, who helped founded the drone maker in San Diego. robotics drone aerial vehicle diego jobs employment layoffs shutdown

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.

Amylin Pharmaceuticals To Shut San Diego Operations

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However, it looks like the acquisition of San Diego''s Amylin Pharmaceuticals by Bristol-Myers Squibb is turning out not-so-great for employees in the location, after news that Bristol-Myers Squibb plans to close its San Diego operations , resulting in the loss of hundreds of jobs. The move was first reported by the U-T San Diego. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff

First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals

Xconomy

Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. million that VCs invested in San Diego startups in the same quarter in 2016, and off nearly 17 percent from the $420.3

Report: Uber Artificially Pushes Pricing In San Diego

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According to a report Wednesday from TheVerge, Uber has been keeping drivers off the road in San Diego--to force "surge" pricing on the ride service. Uber apparently has denied it influences pricing on its marketplace, however, the report will undoubtedly throw further fuel on the clash between local taxi and transportation providers and mobile-driven services like Uber. uber smartphone service mobile ride diego pricing manipulation controversey

Report: San Diego News Network Seeks Buyer

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A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. According to the San Diego Union Tribune, SDNN has let go of some of its staff, but is still updating the site. SDNN is run by former executives of the San Diego Union Tribune. Tags: diego news network media content merger acquisition

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.

Intuit Cuts Workers In San Diego

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Intuit , the developer of personal finance and tax software, is making major cuts in San Diego, according to a report from the San Diego Union Tribune. Intuit, has major operations in its Consumer Group in San Diego, working on its Turbo Tax software. The report said that 134 of 226 workers company wide were from the division, with a large portion of those in San Diego. intuit diego employment layoff jobs software

Texas Looks To Steal Away Another San Diego Company, Omnitracs

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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

San Diego's Mapp Bio Behind Experimental Ebola Drug

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A San Diego-based biopharmaceuticals startup, Mapp Biopharmaceuticals , is the source of the experimental Ebola treatment that has been given to the two Americans who are being treated for the dreaded disease, according to CNN. According to the report, Dr. Kent Brantly and Nancy Writebol, who were both in Liberia, have both been treated using the experimental, treatment, which had not yet been tested in humans, and have "significantly improved" due to the drug.

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.

Intrigue In Death of San Diego Angel Investor

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The death earlier this month of a San Diego Tech Coast Angel, John G. Watson , who organized San Diego's Tech Coast Angels QuickPitch event, is now being investigated as a possible homicide, according to unconfirmed reports sourced by the Frank Peters Show. According to The San Diego Police have opened a homicide investigation into a suspicious death of Watson, and that it was suspected Watson was a victim of fraud and embezzlement.

Dotmatics Opens Office In San Diego

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UK-based Dotmatics , a developer of informatics and business intelligence software, reported today that the firm has opened up new offices in San Diego. The firm said the North American offices for the firm are in Del Mar, and were opened in response to "huge interest" and a rapidly growing customer base in the USA. The firm did not say how many people will be located at its new offices.

San Diego Man Charged With Fraud In Possible Murder Of Angel

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San Diego police have charged a man with fraud, and are investigating a possible homicide, in the death of San Diego Tech Coast Angel John G. According to reports, Kent Keigwin has been charged with unlawfully transferring $7.5M The report says that the San Diego police are awaiting reports from the San Diego County Medical Examiner. Tags: legal homicide murder angels coast tech diego peters frank

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

Viking Liver Drug Shows Promise for NASH, Shares Soar on Study Data

Xconomy

San Diego-based Viking (NASDAQ: VKTX ) reported that its drug, VK2809, hit its goals in a 12-week, Phase 2 trial of patients with nonalcoholic fatty liver disease (NAFLD) and high levels of LDL or “bad” cholesterol.

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SD Venture Funding Tops $1.9B in 2017; and Q4 Top 10 Deals

Xconomy

Venture capital activity ended the year with a strong finish in San Diego, as investors poured $498.4 The strength of fourth-quarter deals, lifted by a $125 million financing in November for the molecular diagnostics company Progenity, brought total venture investments in San Diego to nearly $1.92 billion into 231 startups in the greater San Diego region, according to Venture.

Report: LA, OC, San Diego All Rank As Top High-Tech Centers

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A new report by the Milken Institutue, attempting to rank the "top high-tech centers" in the U.S., Canada, and Mexico, shows Los Angeles, Orange County, and San Diego areas are all within the top 10 "preeminent high-tech metros" ranked by high tech employment and wages. The report was released Tuesday. Tags: report milken insitute economy jobs employment