Sarah de Crescenzo

Staff Reporter

Email: sarahd@sdbj.com
Phone: 858-277-6359 Extension: 3120

Recent Stories

Incoming President of ASLA S.D. Chapter Aims to Engage Next Generation of Landscape Architects

Michael Douglas Brennan is co-owner of Carson Douglas Landscape Architecture.

Greycroft VC Ian Sigalow to Headline Venture Group ‘Outlook’

One of the founders of Greycroft LLC, a venture capital firm with more than $1 billion under management, is slated to headline the San Diego Venture Group’s annual Venture Outlook event Jan. 11.

CEO Sees Missing Data Security Link: Merchants

FINANCE: Credit Union Group Wants Security Standards for All

Debra Schwartz, CEO of Mission Federal Credit Union, among the largest such institutions serving San Diego County, recently testified before a U.S. House of Representatives subcommittee hearing on data security.

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Brains, Heart and, of Course, Innovation Won the Day at Awards

RECOGNITION: Most Innovative New Products Show S.D.’s Ingenuity

Ten innovative products launched by San Diego companies in the past two years were recognized at Connect’s 30th annual Most Innovative New Product Awards ceremony.

Keynote Speaker Selected for SDVG's Venture Outlook Event

One of the founders of Greycroft LLC, a venture capital firm with more than $1 billion under management, is slated to headline the San Diego Venture Group’s annual Venture Outlook event Jan. 11.

Brains, Heart and, of Course, Innovation Won the Day at Awards

Most Innovative New Products Show S.D.’s Ingenuity

Anzu Partners Closes $128M Fund, Opens La Jolla Office

Anzu Partners, a private equity and venture capital firm that recently closed a $128.4 million fund to invest in industrial technology companies, has opened an office in La Jolla.

JMI Equity Promotes Two to General Partner

San Diego-based private equity firm has promoted Suken Vakil and Randy Guttman to general partner.

CUSO, Sorrento Pacific Acquired by Private-Equity-Backed New York Co.

San Diego-based broker dealers CUSO Financial Services LP (CFS) and Sorrento Pacific Financial LLC (SPF) have been acquired by Atria Wealth Solutions, a holding company in New York.

Classy has Banner Giving Tuesday Fundraising

The San Diego software startup, an online fundraising platform for nonprofit organizations and social ventures, reported a record Giving Tuesday on its platform.

New York Co. Acquires Coastal Salt & Soul

San Diego-based company, which makes ocean-inspired body care products, has been acquired by Beauty Partners LLC.

Human Longevity CEO Makes Quick Exit; Venter Back in Top Spot

Human Longevity Inc. CEO Cynthia Collins is out after less than a year in the top spot at the San Diego-based genomics company.

USD Receives $20M Gift to Support New Business School Home

Don Knauss, chairman of the University of San Diego Board of Directors, and his wife, Ellie Knauss, are donating $20 million to the university to launch the planning and construction of a new $67 million home for its business school.

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Vista-Based TetraVue Receives Additional Funding Backing Its 4D, High Resolution Cameras

Vista-based company TetraVue, a developer of high-definition 4D LIDAR technology, said it has received additional funding to accelerate the commercialization of its long range, high-resolution 4D camera.

Asset Management Co. Gives Lessons in Team Building

Firm Taps Technology, Research and Vision To Serve Growing and Changing Clientele

Michael Johnson first became a manager at a relatively young age, inheriting oversight of his first team, at Moody’s Investors Service, when he was about 30, then other teams, and later another at Merrill Lynch & Co., in New York.

S.D.’s ‘Civic’ Startups Make Progress

The Innovation That Matters report, released in October, assessed the health of the startup communities in 25 U.S. cities based on economic data and an online survey of about 400 startup community leaders.

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Report Finds Wine Sector Making $30.4M Economic Impact

AGRICULTURE: Industry Creates About 700 Jobs With 116 Local Wineries

A report commissioned by a local advocacy group for the wine industry in San Diego County said it generated $30.4 million in regional economic impact in 2016.

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Endeavor Finds Investor Interest as It Raises Required Capital

BANKING: Bank Plans Number of Events to Address Potential Investors

Endeavor Bank, which received the go-ahead from the Federal Deposit Insurance Corp. to start raising initial capital, plans to close its financing period in mid-December.

DiegoDev Invests in DonationMatch

Del Mar-based web development agency DiegoDev Group LLC recently announced it invested in Sorrento Valley-based DonationMatch Inc.

Patterson + Sheridan LLP Opening Office in San Diego

Intellectual property law firm Patterson + Sheridan LLP plans to open its sixth U.S. office in San Diego.

Haskell & White LLP Exec Joins ACG's San Diego Chapter Board

Carlos Martinez, a senior manager at accounting, auditing and tax firm Haskell & White LLP, has joined the board of directors for the Association for Corporate Growth’s San Diego chapter.

Biolinq Closes $10M Financing Round

San Diego digital health company Biolinq has closed a $10 million Series A financing round led by M Ventures in collaboration with Hikma Ventures.

UC San Diego to Join Big West Conference, Become Division I School

UC San Diego is on its way to becoming a Division I school.

Qualcomm Backs Startup Developing Battery-Free Bluetooth Beacons

The busy investment arm of Qualcomm has spied another startup it hopes will go big.

$1M Donation Match Offered to the San Diego Zoo Global Wildlife Conservancy

The billionaire founder of software company Oracle Corp., and his girlfriend have agreed to match donations up to $1 million to the San Diego Zoo Global Wildlife Conservancy.

James Floros Elected Chair of the California Association of Food Banks

The CEO of the Jacobs & Cushman San Diego Food Bank has been elected chairman of the California Association of Food Banks.

Cybersecurity Top Of Mind For Weatlth Managers

FINANCE: Vendors and clients Must Know Best Cyber Practices

Cybersecurity isn’t just an internal matter for wealth management firms. Without educated clients and vetted vendors, firms may still find the security of their data at risk.

Betting on Beer

Breweries Turn To New Way To Get Cash

Dan Selis likes being a trailblazer. Under Selis, who began Mission Brewery nearly a decade ago in a former Wonder Bread bakery near Petco Park, Mission was the first brewing company in California to sell a 32-ounce version of its craft beers. It was also the first in the state to make and sell an alcoholic version of root beer.

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Encore Capital Group Subsidiary Abandons IPO Plan

A subsidiary of Encore Capital Group has abandoned its plan for an initial public offering.

Guild Mortgage Expands Into the Midwest

Guild Mortgage, a mortgage lender based in San Diego, is expanding into the Midwest.

Qualcomm Backs Startup Developing Battery-Free Bluetooth Beacons

The busy investment arm of Qualcomm Inc. has spied another startup it hopes will go big.

Startup’s Game Plan: Team Up With Fantasy Sports’ Players

TECH: Co. Profits By Selling Full Functionality Of Its Free Mobile App

Fantasy sports allow fans of professional competitors to build and manage teams as if they were their own.

Petco’s Latest Acquisition is Local Co. PupBox

RETAIL: Subscription Service Another Element Of Expanding Offerings

San Diego-based specialty retailer Petco Animal Supplies Inc. has acquired PupBox, a monthly subscription service that sends out bundles of toys, treats, tools and training guides to puppy owners.

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Industry Disrupter Health IQ Raises $34.6M, Plans More Local Hiring

INSURANCE: Co. Gives Health Conscious Incentives Via Policies and Prices

IA life insurance startup co-founded by a UC San Diego computer science graduate has raised $34.6 million in Series C funding in a round led by top Silicon Valley venture capital firm Andreessen Horowitz.

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Petco Sees Itself as Good Home for PupBox

San Diego-based specialty retailer Petco Animal Supplies Inc. has acquired PupBox.

Guild Mortgage Reports Q3 Loan Volume of $4.4B

San Diego-based Guild Mortgage reported total loan volume of $4.4 billion in the third quarter of 2017.

S.D. 'Google of Ganja' Entrepreneur Raises $1.7M For Search Engine Startup

Weedguide has landed its first outside funding.

Silvergate Bank Q3 Earnings Up

Strong loan production at good yields played a role in increased third-quarter earnings at Silvergate Bank in San Diego.

Know the Pieces, the Moves and The Timing of VC Funding Game

Having an innovative product or service isn’t enough. Neither is delivering a perfect pitch, showing evidence of ample industry experience or revealing a major undiscovered market opportunity.

Origin Code Academy Moves Most of Its Curriculum Online

TECH: Access Cited In Move as Sector Looks for Right Model

Origin Code Academy, a local participant in the popular yet tumultuous industry of coding boot camps, is moving its curriculum online.

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Nonprofits Make Compelling Pitches

The Second Chance Youth Garden, a six-week job training program for people age 14 to 21, took first place in the San Diego Accelerator and Impact Lab (SAIL) Pitch Night on Oct. 24.

S.D. Entrepreneur to Pitch at WeWork’s Creator Awards

A San Diego entrepreneur is among 30 finalists invited to compete for $1.5 million in funding as part of co-working giant WeWork’s Creator Awards program. The initiative aims to award more than $20 million to those doing creative work across the globe.

S.D. Entrepreneur Among Finalists Competing for $1.5M in Funding from WeWork

A San Diego entrepreneur is among 30 finalists invited to compete for $1.5 million in funding as part of co-working giant WeWork’s Creator Awards program.

Aquam Corp. Gets $26M in Growth Capital

Aquam Corp. has received $26 million in growth capital from NewWorld Capital Group LLC, a private equity firm with an environmental focus.

Youth Job Training Program Wins $10K on Pitch Night

The Second Chance Youth Garden took first place in the San Diego Accelerator and Impact Lab (SAIL) Pitch Night.

SDSU Entrepreneurs to Get Legal Help Through Partnership

San Diego State University, University of San Diego, and Duane Morris LLP on Nov. 3 launched a joint program that will pair SDSU entrepreneurs with law students and attorneys.

Procopio Expands to Nevada

San Diego County’s largest locally based law firm has expanded to Nevada, the fourth state in which it has at least one office.

Zodiac Pool Solutions Plans to Merge With Barcelona-Based Multinational Group

Zodiac Pool Solutions, the Vista-based manufacturer of residential pool equipment, plans to merge with a publicly traded Barcelona-based multinational group.

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Hera Labs Wins $50K in SBA contest

San Diego-based Hera Labs has won $50,000 from the U.S. Small Business Administration.

OK By Feds Puts Endeavor in Unique Position as a New Local Bank

BANKING: Experienced Team Will Focus on Consultative Banking

The team of bankers and business leaders behind a proposed new bank has received permission from federal regulators to open once it raises at least $25 million.

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