From Startup Week San Diego: The World According to Jason Calacanis

Xconomy

In a keynote talk Tuesday night that was a headliner event for Startup Week San Diego, Calacanis observed that it doesn’t feel like the millennial generation is doing as well financially as their parents’ generation. Silicon Valley angel investor Jason Calacanis has some advice for the millennial generation: Get your name on a cap table.

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.

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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 Jose-Sunnyvale-Santa Clara; 2.

Cybersecurity Firm Iboss Expands in Boston, Not Abandoning San Diego

Xconomy

Iboss, a San Diego-based cybersecurity firm that opened a small satellite office in Boston last year , has expanded its presence in Massachusetts and decided to designate the local outpost as its corporate headquarters. Iboss held an event Wednesday to announce that it’s moving into a new 20,000-square-foot space in downtown Boston and naming it the company’s head office. Massachusetts Gov.

Colorado’s Webroot Buys CyberFlow Analytics, Expands in San Diego

Xconomy

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. In the three years since it was founded, CyberFlow raised at least $4 million from investors that include Toshiba America Electronic Components, Siemens Venture Capital, and angel investors. San Diego represents a major growth area for Webroot.

Xconomy Guide to Best Sessions at Startup Week San Diego

Xconomy

Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. This year’s Startup Week also has added five new tracks intended to highlight San Diego’s strengths as a startup ecosystem.

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.

Stealthy San Diego-based Viracta Steps Into Light with $18.5M

Xconomy

Viracta Therapeutics, a San Diego anti-cancer biotech that has been operating below the radar for nearly two years, is today disclosing an initial closing on what could amount to as much as $18.4

Initiative to Boost SoCal’s Startup Scene Teams With GV Founder

Xconomy

A Silicon Valley entrepreneur has set out to boost the startup ecosystem in San Diego and the rest of Southern California—and he already has scored a coup by partnering with Bill Maris, the founder and former CEO of Google Ventures, now known as GV. Maris raised $160 million last month for the inaugural fund of Section 32, a new venture firm he founded.

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

San Diego Startup Raises $2.3M to Advance Enzymatic DNA Synthesis

Xconomy

Molecular Assemblies , a San Diego startup developing a new enzymatic method for synthesizing DNA, said today it has raised $2.3 million in a seed financing round.

Los Angeles, San Diego Among Top 10 Cities For Startups

socalTECH

A list of the top ten cities for startups was released by USA Today and the National Venture Capital Association today, naming both Los Angeles and San Diego among the best cities for startup companies.

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).

Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs).

Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Called Dell Technologies Capital, the investment arm plans to provide funding to about 20 startups this year, Scott Darling, president of group, told Bloomberg , which first reported the news this morning.

Swarm Aims To Rejuvenate San Diego's Software Industry

socalTECH

It hasn''t been a great few months for San Diego''s software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. However, in a bid to rejuvenate and re-energize the industry, a new effort-- Swarm --has just launched to bring together local software entrepreneurs, venture capital, and angel investors, in an attempt to bring new life to the region.

ChromaCode Using $12M to Make Old-School PCR Tests More Powerful

Xconomy

The advent of high-throughput DNA sequencing has greatly accelerated biomedical research and discovery, and brought the cost of sequencing a whole human genome to roughly $1,000. But what if you don’t need the whole genome?

Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Venture capital firms have increased their agtech investments by 80 percent since 2012, bringing total VC investment in the sector to a total of $3 billion in 2015, according to a new report from Boston Consulting Group and AgFunder, an online investment marketplace for agriculture technology.

AttackIQ, Which Makes Tools to Assess Cybersecurity, Raises $8.8M

Xconomy

San Diego-based AttackIQ, a cybersecurity startup providing a Web-based platform for assessing network defenses, has finally closed its Series A round of founding, after raising a total of $8.8 Institutional investors included San Francisco-based Index Ventures , Qualcomm Ventures , and Telstra Ventures.

Correlation Ventures Raises $200M, Maintains its “Moneyball” Strategy

Xconomy

Correlation Ventures, a co-investing venture firm that uses analytic software to optimize its decisions, said today it has raised $200 million for its oversubscribed second fund.

The Xconomy Roadmap: Top 15 Innovation Areas to Watch (and Disrupt)

Xconomy

View the Slideshow It is a time of great transitions in the technology and business world. Key advances in areas like machine intelligence, agriculture, and healthcare seem poised to transform society—and everyday life.

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. We are taking capital as needed, not sooner.”.

As Big Cancer Trials Ramp Up, Grail Goes Global, Merges With Cirina

Xconomy

Read more » Reprints | Share: National blog main San Diego blog main San Diego top stories San Francisco San Francisco blog main San Francisco top stories Cirina deals Decheng Capital Dennis Lo Diagnostics DNA Grail Life Sciences Liquid Biopsy Maneesh Jain Min Cui startups VC

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.

Study 32

Edico Genome Raises $22M to Expand Data Processing and Web Services

Xconomy

San Diego’s Edico Genome, highlighted in Monday’s media debut of Dell Technologies Capital , said today it has raised $22 million in Series B financing led by the Dell investment arm.

Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

Randy Churchill and his team at PricewaterhouseCoopers meticulously prepare a quarterly report detailing the venture landscape, called Shaking The Money Tree. The Three Enthralling Factors Of Venture Funding. Thanks Mr. Big Firm VC.

The Tough Questions You Must Discuss Before You Take the Money

Xconomy

If all goes well, the day will come when just one small thing will stand between you and funding for your startup: your signature on a term sheet. Most founders quickly sign on the line and get back to the business of growing their business.

Sluggish Year for IPOs, But Signs Abound of Post-Election Surge

Xconomy

IPO activity at a sluggish pace—so sluggish, in fact, that this year could end with the fewest IPOs and the lowest level of capital raised since 2009, according to PitchBook data for the first nine months of 2016. Uncertainty surrounding this year’s presidential election has kept U.S.

An Homage to Larry Bock, Who Had God’s Hand on His Shoulder

Xconomy

When I told Larry Bock in an email about four months ago that I had been diagnosed with cancer, the renowned San Diego life sciences investor asked if he might see me at UC San Diego’s Moores Cancer Center.

San Diego Social Media Startup Soci Adds Austin Office, Raises $8.5M

Xconomy

Soci, a San Diego startup that created a Web platform for managing social media, has closed on $8.5 The five-year-old startup, which had 35 employees five months ago when it was named as a 2017 Xconomy San Diego company to watch , now has 50 employees. million in Series A financing that will be used to build on the company’s recent growth, including a second office in Austin, TX, according to co-founder and CEO Afif Khoury.

Web 3

TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. Since then, TakeLessons has raised a total of $20 million in venture capital, and expanded into new markets and services.

Coach 14

Cybersecurity Startup MedCrypt Gets $750K to Defend Health Devices

Xconomy

MedCrypt, a healthtech cybersecurity startup founded near San Diego, has raised $750,000 in a seed financing round led by Safeguard Scientifics (NYSE: SFE ), a private equity fund in suburban Philadelphia that invests in healthcare, fintech, and digital media.

Repare Nabs $68M To Find Synthetic Lethal Cancer Targets Beyond PARP

Xconomy

The concept of synthetic lethality has been around for decades, but only recently has it been exploited for cancer therapy. The idea is to hit cancer cells in at least two places at once; the trick is to find the right combination of genetic mutations that make the cells vulnerable.

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