SD FINANCE

Co. to Translate Social Media Data Into Actions

After raising a $10.5 million series B, social media company Soci plans to continue its growth streak.

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RF Industries Sells Comnet

RF Industries Ltd., the Miramar area manufacturer that specializes in electronic interconnect products, said Oct. 31 that it sold its Comnet Telecom Supply subsidiary for $4.2 million in cash.

S.D. Logistics Startup Launches New Shipping Service

Boxton, a San Diego-based shipping and logistics startup, launched a new service on Oct. 30.

Kratos Gets Contract for Military C5ISR

Kratos Defense and Security Solutions Inc. said on Oct. 30 that it received a sole-source contract for C5ISR equipment worth approximately $40 million. The military abbreviation stands for command, control, communications, computing, combat, intelligence, surveillance and reconnaissance.

Kratos to Supply Satellite Gear to Japan’s SJC

Kratos Defense and Security Solutions Inc. received a contract to produce satellite communications equipment for Tokyo-based SJC, also known as SKY Perfect JSAT Corp., for undisclosed terms.

Ad Astra’s Biotech Cohort Gets Feedback, Mentorship and Money

STARTUPS: Female Founded Companies Are Second Incubator Group

Ad Astra Ventures, the new incubator for local female-led companies, continued to grow with its second cohort this fall.

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Philanthropy: Ernst & Young Connects to Communities With Service

More than 227 Ernst & Young LLP volunteers recently engaged in volunteering in San Diego communities. These EY volunteers joined 23,000 of their colleagues across the US, Canada, Mexico, Central America and South America to participate in EY Connect Day, the organization’s largest signature volunteer program held on a single day. Worldwide, EY people participated in 940 volunteer projects with nearly 650 nonprofit organizations

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S.D's Catalina Offshore Products Awarded Grant To Grow Opah Demand

The project is twofold, with one part focusing on broadening the appeal of opah, or "moonfish," and the second to develop new culinary markets for species being discarded by U.S. Pacific Highly Migratory Species fisheries in Southern California.

San Diego to Pursue Community Choice Energy Plan

The city of San Diego intends to become an alternative energy provider to meet its goal of getting 100 percent of its energy from renewable sources by 2035. SDG&E said it does not anticipate any material impact to its financial results.

A New Generation of Wealth Managers Adopts More Active Roles

A new generation of wealth managers is poised to take the reins of the profession from their elders, as the wealth management industry undergoes a series of significant changes, from a greater role for technology to evolving expectations on the part of investors.

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SDSU Wins National Award for Entrepreneurship

SDSU's Lavin Entrepreneurship Center won the Nasdaq Center of Entrepreneurial Excellence award.

Three S.D. Startups Win $75K in Biggest Quick Pitch Competition

This year's Quick Pitch competition broke records for funding and attendance as 10 finalists competed for $75,000 in prize money.

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Local VC Mirrors National Trend: Dollars Up, But Deals Down

FINANCE: San Diego Sees Two Deals Dominate

Big biotech deals drove record levels of capital investment, according to a report released Oct. 11 by Dow Jones VentureSource.

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Big Kitchen Software Knows Those Dashes, Dollops and Pinches Add Up

When Benji Koltai first developed the software behind Galley Solutions, he had no idea it would become the seed for a new company.

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Cubic Acquires Trafficware

Cubic Corp. said on Oct. 24 that it acquired Advanced Traffic Solutions Inc. of Sugar Land, Texas for $235.7 million in cash.