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Special Report: Profitable Ventures
Outside Investors Are Discovering the Early-Stage Opportunities in Local Startups
After several back-and-forth flights to San Francisco, Seismic CEO Doug Winter finally landed his company’s first investment. The San Diego software startup raised $4.5 million from early-stage venture capital firm Jackson Square Ventures.
Cellular Treatments for Diabetes Get $80M
BIOTECH: ViaCyte Built Up IP, Absorbed Rivals
In 1998, researchers derived stem cells from human embryos for the first time. With the advance came the hope of curing Type 1 diabetes.
Beta Wealth Group Launches New Institutional Investment Division
San Diego-based Beta Wealth Group launched Beta Asset Management on Friday.
SD 500: Jay Flatley
SD 500 recap: Jay Flatley is among the few CEOs who have successfully guided a life science company through landmark product development, commercialization and large-scale growth.
CalPrivate Bank Names Board Member
CalPrivate Bank and its holding company, Private Bancorp of America, announced on March 22 that it has named Brett Lawrence to its board of directors.
Oceanside Apartments Sold For Nearly $3M
Complex has 12 apartments
SD 500: Eric M. DeMarco
SD 500 recap: Eric DeMarco has helped transform a once-struggling wireless company into a highly competitive player in the national defense industry.
North Park Apartment Complex Sold For Nearly $2.9M
Complex has 15 apartments
Business Events Calendar for Week of March 25, 2019
Business events scheduled in the county.
Special Report: Funding Journey Starts With Getting Your Foot in the Door
INVESTMENT: Seismic Did Its Homework and Obtained Introductions
Raising a funding round for a startup isn’t easy. Doug Winter should know. He’s raised four since he founded Seismic in 2011.
Parking Changes May Boost Infill Projects
BUILDING: Developers Applaud End of Regulation
Tim Foley, a San Diego developer who specializes in building infill apartment projects in the city’s urban neighborhoods, said he’ll likely be able to build more apartments for less money thanks to a new law that eases parking requirements.
Platform to Reduce False Positive Alerts
SECURITY: Multiple Patents Are Part of Security Solution
Maintaining network security is hard to do when you face a barrage of unnecessary alerts. That’s what MixMode CEO John Keister found out when he began asking prospective clients about their biggest pain points in security.
SDBJ Insider: Padres Can Toast 50 Years With Swingin’ Friar
The San Diego Padres will commemorate 50 years in the city this year.
Coffee Co. Cultivates Direct Trade Ties
RETAIL: Owner Makes Deals With Farmers, Also Does Own Roasting
It was a conversation with a very candid customer in the early 1990s that set Jeff Taylor, president and co-owner of Bird Rock Coffee Roasters Inc., out to find the best coffee in the world.
PhaseBio Stock Jumps Following Good Results in Early-Stage Clinical Trials
PHARMA: Drug Used to Reverse Antiplatelet Activity
PhaseBio’s stock jumped March 18 after the company’s lead drug candidate showed promise in an early-stage clinical study.
San Diego Co. Sees Increasing Demand for CBD Products
CV Sciences is cashing in on rising demand for cannabidiol, or CBD.
French Pharmaceutical Giant Partners with CureMatch
BIOTECH: Local Co. Gains Global Reach In Sales, Marketing
CureMatch, a San Diego-based software startup that helps oncologists identify treatment options for patients, recently landed a big corporate partner.
Startup Comma.ai Moves Its Headquarters to San Diego
TECH: Rising Tech Scene and Lower Cost of Living Draws Co.
Comma.ai, a startup developing driver assistance systems for everyday vehicles, has moved its headquarters from San Francisco to San Diego.
Silvergate Bank Sees the Ups and Downs of Cryptocurrency
BANKING: The Cryptocurrency Policy Is Drawing Customers
San Diego-based Silvergate Bank brought on new customers at the end of 2018, but saw its digital deposits decrease quarter-over-quarter. The crypto-friendly bank filed for an IPO last November, with a price target of $50 million.
Engine Co. Acquisition Adds Key Component to Kratos UAV Program
AEROSPACE: Kratos Buying 80.1% of Co. With Option to Buy the Rest
Kratos Defense and Security Solutions Inc. continues to develop its unmanned aircraft business, as shown by its recent acquisition of a company that makes small jet engines in February, and the first flight of a drone in March.
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