Sarah de Crescenzo

Staff Reporter

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

Recent Stories

CalPrivate Bank Spends on New Hires to Take Advantage of Industry M&A

Net income fell 24 percent quarter-over-quarter as expenses rose.

Seacoast Commerce Bank Reports $3.3M in Net Income in Q2

Seacoast also reported its specialty core deposits rose 11.7 percent in the second quarter.

Management Co. Guides Gamers in Business Arena

SERVICE: Analytics Used To Structure Streamers’ Pricing Models

A management agency based in Point Loma represents more than 40 people who play video games on the Amazon-owned platform Twitch while fans watch.

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Bay Area VC With San Diego Connection To Keynote SDVG’s Flagship Event

The San Diego Venture Group said US Venture Partners (UCVP) partner Dafina Toncheva will keynote its Venture Summit event Aug. 16.

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San Diego Int'l Airport Recognized as 'Most Innovative'

Programs that led to award promote the environment and innovation, according to the San Diego County Regional Airport Authority.

Tiled Seed Round Raises $1.5M

A San Diego software startup that bills its content platform as a rival to presentation program PowerPoint has raised a $1.5 million seed round from a Utah-based venture capital firm.

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EvoNexus Adds 6 Execs to Board of Directors

EvoNexus, the startup incubator with an office in La Jolla, recently announced the addition of six executives to its board of directors.

Carlsbad-Based TC Technology Acquired By SSP Innovations

TCT president Jason Linley becomes SSP's director of mobile product management.

Carlsbad-Based Specialized Food Distributor Good Source Solutions Acquired

Acquired company generates more than $200 million in annual revenue from customers including educational, correctional and healthcare facilities.

Qualcomm to Pay 62 Cents Per Share Cash Dividend

Quarterly dividends were boosted 9 percent as of midyear.

Tealium Reaching Out to Help Early-Stage Startups Analyze Data

STARTUPS: Mentoring, Services, Access to CDP Included in Free Program

La Jolla-based Tealium, which makes software for enterprises to use to analyze data, is launching a program to help out local startups with free services, mentoring and access to some of its investors and customers.

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BrainLeap Technologies Gets $225K Grant to Develop Attention Training Games

BrainLeap cofounders, UCSD neuroscientists, aim to turn research discoveries into effective treatments.

Carlsbad Chamber of Commerce CEO to Retire

Owen joined the business advocacy organization as its head in 2004.

Edge Fattens Cryptocurrency Wallet

Companies that focus on cryptocurrency have been on a roller coaster in recent years with major fluctuations in the price of the most popular iterations of digital money, such as Bitcoin and Ethereum.

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Agtech Startup GroGuru Gets $250K in Pitch Competition

Competition provided investment capital to two early-stage agtech companies.

Mission Fed CEO Re-elected to NAFCU Board

Organization lobbies on behalf of credit unions on federal issues.

Tax Credits Approved For 3 San Diego Cos.

Startups: More than $1.2M promised for Future Milestones

One of the largest of 29 grants recently awarded through the California Competes Tax Credit program to companies statewide is slated to be received by Urban Translations, a local startup that creates digital menus for businesses in the hospitality industry.

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Brain, Savioke Team For Robot Evolution

TECH: Brain Takes Funding Role, Seeks to Broaden Reach

Startups generally seek funding, not provide it.

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Endeavor Bank Shares Begin Trading on OTC Market

First new bank to open in the county in 10 years launched in January with more than $26 million in initial capital.

Nortek Security & Control Unites Local Workforce at New Corporate HQ

Maker of smart, connected devices and systems employs more than 270 people in Carlsbad.

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EvoNexus Adds 6 Execs to Board of Directors

Nonprofit organization board expands to 40 people.

SimpleForms Inks Integration Deal With Intuit's Quickbooks

Startup company, founded by CEO Emily Rotolo, simplifies employment documentation for new hires.

More Than $1.2M in Tax Credits Approved For 3 Growing San Diego Cos.

GO-Biz tax credit program aims to encourage companies to hire employees and invest in California.

Quick Pitch Competition Gains Cox Business as Backer, Raises Cash Prize to $75,000

Company joins Tech Coast Angels and the San Diego Venture Group in hosting the contest for startups.

Brain Corp. Makes Strategic Investment into Robotics Company Savioke

Savioke will license BrainOS, the San Diego company's software platform for streamlining development, deployment and management of robots.

San Diego Sees One IPO in First Half of 2018

Increasing geopolitical uncertainty leading to volatile public markets likely kept some companies from pursuing an initial public offering in the first half of 2018.

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Cabrillo Credit Union Names Anne McClure CEO

McClure takes over for Dean Odle, whom the credit union hired in April of 2017 following the retirement of Robin Lentz, who led the institution for 37 years.

Cibus, Agtech Startup, Raises $70M

In addition to R&D in San Diego, Cibus also operates subsidiaries in Europe and North America.

Qualcomm Names 2 New Directors to Board

Additions bring total number of directors to 12.

Corporate Stars Take On a Startup Challenge

TECH: Ex-Qualcomm Execs Go To Work Sans Corporate Perks

Money is often an obstacle to entrepreneurial success, but even well-funded startups sometimes struggle to build a company from scratch.

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Operation Homefront Taps San Diegan to Run Operations in 5 States

New senior director has 17 years of experience working at nonprofit organizations, is a member of a multigenerational military family.

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Keynote Address Will Bring Fresh Perspective to Startup Week

Arlan Hamilton, founder of venture firm Backstage Capital, will talk in a fireside-chat style event with San Diego entrepreneur Liane Thompson the evening of June 26 at Civic Center Plaza.

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Identifying Opportunity

SOFTWARE: Mitek’s Tools Take Verification to Next Level

On the internet, nobody knows you’re a dog — or so goes the early 1990s adage about online anonymity.

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Digital Marketing Agency IMI Names New CEO, New CFO

IMI cofounder Brandon Fishman leaves CEO role.

'Smart' Home Alarm System Raises More Than $90,000 Via Kickstarter

System uses a central hub device and "peel-and-stick" sensors to monitor heat and movement.

Truepic, 'World's First Photo Notary,' Raises $8M Series A Financing

Company's technology allows businesses and consumers to verify image authenticity.

Home Bay Technologies Expands to Arizona, Virginia

Real estate platform facilitates residential transactions.

Early-Stage Booster Comes to Town To ‘Create, Incubate and Accelerate’

A San Francisco-based seed-stage investment firm and a venture capital fund — separate businesses that work closely together — are becoming increasingly active in the Southern California startup scene.

Connect Says Springboard Accelerator Program Alumni Raised $291M in 2017

Fewer, larger rounds were raised in 2017 than in years past by Springboard alumni.

Clients Get Leadership, Life’s Stories and Insight

TRAINING: Library of Lessons Comes in SaaS Subscription

Wisdom Capture was launched in 2016 by an unlikely pair.

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Cost Cutting Continues at Qualcomm With Additional Layoffs Slated for Summertime

Chipmaker to reduce headcount further as part of broad cost-cutting effort announced January.

Additional Code Ninjas Franchises to Open in S.D. By Year's End

Program teaches children age 7 to age 14 to code by showing them how to build video games.

CureMatch Takes Home MetroConnect Prize

HEALTH: Co. Heads to Tijuana to Help at Cancer Center

CureMatch, a digital precision medicine startup that uses artificial intelligence to guide oncologists as they select treatments for cancer patients, said a $35,000 award will help it provide Mexican children with services free of charge.

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Conflicting Reports Leave Fate of Proposed Qualcomm Acquisition of NXP Unclear

Initial report sent price of NXP and Qualcomm stock up in after-hours trading June 14.

Benefunder Adds 2 New Execs to Leadership Team

Both new hires are Silicon Valley veterans, the company said.

San Diego Grantmakers Names New Director of Impact Investments

New hire Robert Foster was most recently COO at a local fintech startup.

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Endeavor Hires Producers to Open Right Doors For New Bank

BANKING: Despite Good Economy, De Novo Banks Face Challenges

The ranks of the post-recession crop of aspiring de novo banks are thinning, but the headcount at San Diego’s Endeavor Bank is expanding roughly two years ahead of schedule to accommodate bankers looking to join the new venture.

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Active M&A Scene Finds Good Target in Local RIA

ACQUISITION: L.A. Firm Gets Greater SoCal Presence With Donnelly Purchase

A $3.6 billion registered investment advisor (RIA) in Los Angeles run by two native San Diegans has acquired Donnelly Wealth Advisors (DWA), a San Diego-based firm with $405 million in assets under management.

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Corporate Directors Forum Names 7 'Directors of the Year'

Organization plans to celebrate the honorees Sept. 20 at the Hyatt Regency in La Jolla.

5 San Diego Leaders Recognized by EY as 'Entrepreneur of the Year'

Regional award winners are eligible for consideration for EY's Entrepreneur Of The Year National program.

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