Sarah de Crescenzo

Staff Reporter

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

Recent Stories

Qualcomm Partners With Facebook on Project to Boost Cities' Internet Speeds

The technology being developed would offer faster connectivity for a "fraction of the cost" of fiber, the companies said.

San Diego Workforce Partnership Selects KRA Corp. to Operate Career Centers

The change, effective July 1, consolidates operations to a single provider.

Biotech Co. Finds Tijuana a Good Fit for Its Operations

DEVICES: Thermo Fisher Exec Finds Infrastructure And Talent for Expansion

Maritza Diaz oversees operations at Thermo Fisher Scientific’s office in Tijuana. She splits her time between that office and the company’s campus in Carlsbad, her hometown.

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Tijuana Arriving On Startup Scene

ECONOMY: City’s Talent, Location and Collaborative Style Should Link It to S.D.

A San Diego entrepreneur’s day may go something like this: Commute to a local coworking space; for lunch, track down those grilled octopus tacos you’ve been hearing about; meet with a potential hire across town at coworking space; and post interview, stop at a local brewery for a craft beer or two.

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Grandesign Relocates Headquarters to Historic Wonder Bread Building

Its new, 7,600-square-foot office is in the historic Wonder Bread building near Petco Park.

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San Diego Venture Group Partners With OC, LA to Create New Regional Entity

Groups aim to increase investor interest in Southern California region.

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Ad Astra Accelerator Has 3 in First Grad Class

The inaugural cohort of the new San Diego accelerator program for women-led startups is nearing the end of the 12-week program.

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$100 Million Later, AI Startup May Close

TECH: Highly Touted in 2016, KnuEdge Cites Lack of Funds

A San Diego company that emerged from stealth mode with $100 million nearly two years ago after a decade of developing artificial intelligence technologies may be forced to close due to a lack of funds.

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eSUB Adds $3M in Series A Financing Including New Autodesk Investment

The investment pushed its Series A round, which was led by Revolution Ventures, to about $8 million.

Pioneering VC Arlan Hamilton, Founder of Backstage Capital, to Keynote San Diego Startup Week

Hamilton recently announced the launch of a $36 million fund to invest in black female founders' companies. A San Diego-based company is among those in which she has previously invested.

Impact of Qualcomm's Pain: Talent Will Be In Demand

While commiserating with Qualcomm workers left jobless in the wake of the company’s decision to cut roughly 9 percent of its local headcount, the region’s tech community is also eyeing the tech giant’s talented castoffs as a potential source of fuel for local innovation.

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Qualcomm Stock Rises, Falls on Contradictory Reports of Acquisition Review

As trade talks continue, it's unclear whether regulators in China have resumed reviewing Qualcomm's proposed acquisition of NXP Semiconductors.

Silvergate, Banker of Choice for Cryptocurrency Cos., Sees Deposits Rise 125 Percent in One Year

The bank attributed $1.3 billion of its $1.7 billion in deposits as of March 31 to fintech clients.

San Diego Regional EDC Debuts Free 'Toolkit' to Bolster Local Business Recruitment Efforts

The material highlights career opportunities and lifestyle amenities available in the San Diego region.

4 MetroConnect Cos. to Compete for $35K in Export Support

Votes cast by attendees at the MetroConnect Grand Prize PitchFest on June 7 will determine which company is awarded the money.

Fintech Platform Packages Services, Solutions

FINANCE: Advisors Get Access to Support, Tools Under One Sign-In

Financial advisors at national brokerages, called wirehouses, have been leaving to join independent broker-dealers or become registered investment advisors (RIAs) in increasing numbers since the global financial crisis a decade ago.

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City of San Diego Among 10 Selected For Federal Drone Pilot Program

Companies including Qualcomm, AT&T, Uber, Intel, GE, Matternet, AirMap and Cape are involved with the city's proposal.

Qualcomm Says it Will Buy Back $10 Billion in Stock

Stock repurchases, which limit the supply of shares, are a way to lift stock prices.

Qualcomm Executive Departs After 27 Years at Chipmaker

But the company won't say whether his departure was prompted by the widespread layoffs that are underway.

Seismic Agrees to Acquire Sales Enablement Competitor Savo Group

Seismic anticipates the acquisition will push it to $100 million in revenue by year’s end.

San Diego Blood Bank, Seqster Partner to Provide Donors Access to Integrated Health Data

Seqster's platform standardizes data from electronic medical records (EMRs), wearables, such as FitBit, and genomics reports, such as those produced by companies such as 23andMe.

Report: Qualcomm Joint Venture in China Gets Regulatory Go-Ahead

Regulators in China are also set to determine the fate of Qualcomm's effort to acquire NXP Semiconductors NV, a Netherlands-based chip maker known for its automotive semiconductors, for more than $40 billion.

Nashville Accelerator to Welcome IP Attorney’s Guitar Co. to Its Fold

Jonathan Spangler joined San Diego medical device company NuVasive in 2001 as its first attorney.

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Teradata Corp. Records $506M in Q1 Revenue

The company adjusted its guidance for 2018 revenue, citing the growing percentage of subscription licenses in its bookings mix.

IDE Sees Hungry and Thirsty Market in State

RESOURCE: Water Reuse and Desalination Tech Is in Demand

Technology invented by IDE Technologies, an Israeli-owned water treatment company that has its Americas region headquarters in Carlsbad, is being used in demonstration projects in California that could change how the drought-prone state approaches wastewater reuse — and present the company with even more business opportunities.

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Get a Taste of the Coding Life With Origin’s Free Sample

San Diego-based Origin Code Academy, which trains people interested in a career in coding, will begin offering courseware that teaches the fundamentals of HTML, JavaScript, and CSS for free at its website, OriginCodeAcademy.com.

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SDVG Invites Public to Meet 'Cool Company' Candidates

Companies are selected based on their potential as industry disrupters and on their readiness for venture capital investment.

Venture Capital Fund Section 32 Adds Another GV Veteran

Section 32, established in 2017, has put money from its first fund into at least 16 companies, including cryptocurrency exchange Coinbase and dockless bike-sharing service LimeBike.

San Diego Airport Seeks Startups With Parking, Customer Services Fixes For Innovation Lab 'Accelerator'

Entrepreneurs who are accepted to the 16-week program will get an inside look at the airport selection process.

San Diego Tech Cos. Tapped for Department of Homeland Security Group Tour

Nine companies were tapped to host a group of government and military representatives during the two-day tour.

BofI Federal Reports $51.3M in Record Net Income

But its stock fell about 5 percent the day after its earnings report.

Estate Planning Startup Graduates Virtual Accelerator Program

San Diego-based Trust & Will, the software startup that targets millennials with its simplified legal forms for estate planning, spent the past three months in an accelerator program run by Techstars, the Boulder, Colorado-based organization.

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Co. Can Park Data Or Help It Drive Solutions

TECH: Teradata Taps Analytics To Transform Its Biz Model

Two rooms at Teradata Corp.’s offices in Rancho Bernardo, one of the publicly traded company’s largest campuses, provide a quick visual approximation of the transformation the company is undergoing.

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Seacoast Commerce Bank Earnings Nearly Double in Q1

It was Seacoast's first quarterly report since it fully integrated its systems with those of Capital Bank, the San Juan Capistrano-based institution Seacoast acquired Oct. 1.

Frozen Dessert Co. Arctic Zero Makes International Debut

The company plans to start selling its low-calorie pints at stores in Canada this month.

EvoNexus Stakes Its Claim to a Piece of Startups

STARTUP: Incubator To Take 1% to 5% of Accepted Companies

EvoNexus, the startup incubator with offices in San Diego and Irvine, will require the next round of companies it admits to give up a stake in their business in exchange for EvoNexus’ services.

Qualcomm Q2 Revenue Beats Guidance

The company said its quarterly earnings incurred $310 million in charges related to its $1 billion cost-cutting plan announced in January.

JMI Equity Leads $55M Investment in Financial Services Platform for Students

Since its start in 1992, JMI has invested in more than 130 businesses.

Origin Code Academy Offers Beginners Free Online Training

The online learning program uses an interactive video format to teach programming concepts.

Fewer Deals Didn’t Stop the VC Cash From Flowing in Q1

Fewer San Diego companies received venture capital backing in the first quarter of the year but the total dollars raised were up compared to the same quarter the year prior.

SCST Inc., Southwest Geophysics Merge Businesses

Southwest Geophysics' services are intended to reduce explorative costs and assist in mitigating unexpected site conditions.

Layoffs To Come At Qualcomm To Cut Costs

Qualcomm Inc. (Nasdaq: QCOM) will cut 1,231 jobs in San Diego.

Astute Medical Acquired In $90M Cash Deal

French diagnostics giant bioMérieux acquired San Diego-based Astute Medical in a $90 million cash deal announced earlier this month.

Investors Put $7M on Green, Measurabl’s Sustainable Platform

San Diego software startup Measurabl raised a $7 million Series A financing round led by Camber Creek, a venture capital firm that invests primarily in real estate technology, the company said April 16.

Educators Awarded Endowed Professorships

LEADERSHIP: UCSD Recognizes Joint Effort of Engineering, Management

The pair of professors who lead the UC San Diego Institute for the Global Entrepreneur, a collaborative effort between the Jacobs School of Engineering and the Rady School of Management launched in 2016, have been awarded endowed professorships.

VaultRMS, Developer of Software for Firefighters to Track Toxic Exposures, Is Acquired

Envisage plans to offer free access to VaultRMS' Exposure Tracker as part of itsFirstForward training network.

Real Estate Tech Startup Agentology Raises $12M

The company, which qualifies and pursues leads for real estate agents, employs about 150 people in San Diego.

CDC Small Business Finance to Receive SBA Award

CDC Small Business Finance has facilitated more than $13 billion in financing to more than 11,000 small businesses.

Brain Corp. Adds to Its Roster of Floor-Cleaning Machine Cos.

TECH: AI Likely To Be Necessary Part Of Cleaning Operations

Brain Corp., which makes artificial intelligence-powered navigation software that lets machines operate autonomously, has inked a deal with Tennant Co., a publicly traded Minnesota-based company that designs, sells and markets cleaning equipment worldwide.

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Qualcomm Announces Quarterly Dividend of 62 Cents Per Share

The dividend payout will be 9 percent higher than what shareholders have received quarterly since April of 2017.

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