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

socalTECH

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 Diego-Carlsbad-San Marcos was number 7, with $36.6M in deals in 2012 and 3.3

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Port Of San Diego Hit By Ransomware Attack, Systems Offline

socalTECH

The Port of San Diego says it has been hit by a ransomware attack, which has disrupted the port's information technology systems--although it says that ships and boats are able to continue to access the port at the moment.

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Tesla Buys San Diego's Maxwell Technologies For Energy Storage Tech

socalTECH

Tesla Motors , the electric car-and-solar panel company led by Elon Musk, is acquiring San Diego-based technology developer Maxwell Technologies , in a deal worth approximately $218M, the companies announced on Monday. per share for all of the outstanding stock of Maxwell Technologies.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”

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Zovio Boosts Hiring In San Diego

socalTECH

Chandler, Arizona-based Zovio , a provider of education technology services, says it plans to boost hiring in San Diego, as well as in Chandler, Arizona and Denver, Colorado, as a result of soaring unemployment due to the coronavirus pandemic. READ MORE>>.

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San Diego Venture Investor Barbara Bry Takes Aim At Mayor's Seat

socalTECH

San Diego 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 San Diego , in a move to further extend her experience in the technology industry into politics. READ MORE>>.

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UC San Diego Gets $1M From Arm Of Intellectual Ventures

socalTECH

The University of San Diego 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>>.

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