SD FINANCE

CalPrivate Bank to Open El Segundo Office

San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.

Martin Named Sempra Chairman

The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.

Startups Reporter's Notebook: UCSD Ranked 26 for Its Entrepreneurial Efforts

UC San Diego has again landed at No. 26 on Pitchbook’s annual list of the top 50 universities that are producing venture capital-backed entrepreneurs.

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U.S. Government Picks Viasat for In-flight Satellite Services

The Pentagon has awarded Viasat as much as $560 million worth of work over eight years.

Grants Will Deliver Nutritious, Much-Needed Meals to Kids

The San Diego Food Funders, a funding collaborative of San Diego Grantmakers, provided grants of $356,000 to in-school and out-of-school youth meals programs in San Diego County to improve access to nutritious food for youth of all ages in low- to middle-income communities.

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Sempra Declares Dividends

Sempra Energy’s board of directors declared quarterly dividends for three classes of stock on Sept. 6.

Kratos Receives Navy Radar Contract

Kratos Defense & Security Solutions Inc. said Sept. 4 that it received a U.S. Navy contract that could be worth as much as $67.5 million over five years.

Knowles to Replace Buss as Cubic’s Defense Chief

Cubic Corp. is promoting Michael Knowles to president of its Global Defense business division, as well as corporate senior vice president.

UCSD Ranked Among Top 50 Universities For VC-Backed Entrepreneurs

UCSD was the only local institution to make the list.

Competition Heats Up For Student Rideshare

School is back in session and another “Uber for kids” startup has entered the San Diego market.

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Beauty Brand Reports Debt Financing

Kopari Beauty has raised $4.6 million in debt financing, according to a recent filing with the U.S. Securities and Exchange Commission by parent company Koco Life LLC.

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EvoNexus Adds Cubic As Corporate Sponsor

EvoNexus has diversified the ranks of its “strategic partners” – the corporations that pay the nonprofit organization’s bills plus contribute in other ways in exchange for early looks at the companies incubating there.

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Gala Supports Home Start’s Mission of Protecting Children

Home Start Inc., a nonprofit child abuse prevention and treatment agency that has strengthened and developed San Diego’s families and communities since 1972, netted more than $120,000 at its 46th Annual Blue Ribbon Gala recently at the Estancia La Jolla Hotel & Spa.

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Banerjee Named to Cubic Board

Cubic Corp. has named Prithviraj Banerjee to a newly created seat on its board of directors.

Credit Karma Acquires Digital Mortgage Startup

San Diego digital mortgage startup Approved has been acquired by credit-checking company Credit Karma.

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