SD BUSINESS JOURNAL DAILY ENEWS

San Diego bank with a crypto focus files for $50M IPO

Silvergate Bank's parent company, Silvergate Capital, filed for a $50 million IPO on Friday.

Company Adds Fifth Ingredient to Beer: Data

SOFTWARE: More Than 100 Data Points Tracked In Brewing Biz Processes

Water, hops, grain and yeast. Pulkit Agrawal became familiar with beer’s four main components while working for San Diego’s largest brewery, Ballast Point.

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Top Business Women to be Honored

The San Diego Business Journal and charity partner, the American Heart Association, will recognize women business leaders who have contributed significantly to San Diego’s workplaces and communities at an event next month.

DJO Global Acquired for $3.15 Billion

Change is blowing through DJO Global, after the medical device company announced plans this summer to relocate from San Diego to Texas. Then came news on Nov. 19 that DJO was acquired for $3.15 billion.

Monterey Financial Holdings, LLC, Appoints New CEO

Chris Hughes, who recently served as president and CEO, will assume the role of Executive Director.

Mitek’s Activist Investor Pushes for Exemption from 'Poison Pill'

Elliott Management Corp., the activist investor whose portfolio company is trying to acquire Mitek Systems Inc., urged Mitek to lift a measure that could prevent a hostile takeover.

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Carlsbad Chamber of Commerce Names Bret Schanzenbach as CEO

Prior to joining the Carlsbad Chamber of Commerce, Schanzenbach served as CEO of the Vista Chamber of Commerce since 2009.

BLT Enterprises Acquires Vista Building For $31.1M

Property includes land available for future development.

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SDBJ INSIDER: Internet Bank Has New Home With Quite a View

San Diego’s high flying digital banking trendsetter has made it to another peak, this one on top floors of the Pacifica Tower at The Plaza office center in UTC.

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Delivery Apps Bring Fresh Challenges to the Dining Scene

FOOD: As Eateries Struggle To Make Profit With Tech, Ghost Restaurants Open

The boom in food delivery apps available in San Diego has mushroomed exponentially the last several years. And, data shows they aren’t going away anytime soon.

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Cleaning Co. Sees Chance to Shine By Tackling Dirty Jobs

Good customer service goes a long way. Just ask Green Guard Services Inc. President and CEO Nathan Leathers.

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Cibus Files for $100M IPO

Cibus – a San Diego company that uses gene editing to select desirable plant traits – is seeking $100 million through an initial public offering.

Ehrich Named CMO of Expansion Therapeutics

Elliot Ehrich, previously with Alkermes Plc, is the new chief medical officer of San Diego biotech startup Expansion Therapeutics.

Santee Industrial Center Sold For $5.4M

Suites are 1,000 square feet.

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Carlsbad Logistics Startup Takes Off with $20M Funding Round

Airspace Technologies, a Carlsbad logistics startup, closed a $20M series B round.

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Qualcomm and Apple Playing With Fire in Lawsuits

LEGAL: Key Legal Rulings Are Expected in 2019

Qualcomm Inc. and Apple Inc.’s all-out patent war faces a legal crossroads next year.

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Arthritis Drug Is Big Test for Samumed

MEDICINE: Co. Following Own Path on Investors, Valuation

Samumed emerged two years ago with a mission of regenerating hair, skin and joints, valued at a head-turning $12 billion.

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Labor Dispute Prompts Two Weeks Cancellation for National Lacrosse League

The team’s inaugural home game will now be on Jan. 12, against the Rochester Knighthawks at Valley View Casino Center.

San Diego VCs Hit the Road in Investment Show

Four San Diego investors launched their own reality TV show, "VCs in a Van," showing how startup investments take place offstage.

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LRAD Makes $3.2M Sale

Rancho Bernardo-based LRAD Corp. said it received a $3.2 million order from the National Guard for an undisclosed number of 100X MAG-HS kits, one of its high-decibel sound systems able to send intelligible communications over very long distances.

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