SD FINANCE

Banerjee Named to Cubic Board

Cubic Corp. has named Prithviraj Banerjee to a newly created seat on its board of directors.

Credit Karma Acquires Digital Mortgage Startup

San Diego digital mortgage startup Approved has been acquired by credit-checking company Credit Karma.

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Soci, Which Manages Brands' Social Media, Raises $10.5M Series B

Founded in 2012, Soci employs about 50 people in San Diego.

Cubic Transportation Deal Tops $35M

Cubic Corp. said its Transportation Systems business received a contract from an Australian government agency that could be worth in excess of $35 million.

Altegris’ Merger Opens Access to Alternative Investing

FINANCE: Artivest’s Platform Gives Investors Needed Tool

Picture a shopping cart full of reams of documents. Now picture a FedEx plane full of those carts.

Renovate America Tops $160M in Home-Improvement Loans Sold

Renovate's Benji division offers unsecured home-improvement loans.

CalPrivate Bank Forms Small Business Lending Divisions

CalPrivate Bank has increased its emphasis on Small Business Administration loans, establishing two separate SBA lending channels.

Reporter’s Notebook: Startups Make Wise Investment Of Time at Venture Summit

Earlier this month, an oft-heard refrain in San Diego startup circles — “there aren’t enough venture capitalists in town!” — rang false, at least for a couple of days.

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Foundation Finds Good Way to Give Back to Community

The Cushman Foundation announced that it launched an initiative this year, “Making a Difference for San Diego,” to impact worthy organizations throughout San Diego County.

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Kopari Beauty Raises $4.6M in Debt Financing

Organic coconut oil-based products maker previously raised $15 million in equity.

Kratos in Line for Training Systems Work

Kratos Defense & Security Solutions Inc. is among 23 companies selected to compete for U.S. Navy work under a deal the Navy calls Training Systems Contract IV.

Seacoast Commerce Bank Hikes Quarterly Dividend 12.5 Percent

Bank cites recent growth via acquisition, tax reform.

Reporter's Notebook: Hera to Help Women’s Business Center

Hera Labs, a San Diego-based accelerator program for women-led startups, recently announced it would offer clients of the San Diego & Imperial Women’s Business Center (WBC) in National City access to its curriculum and training.

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Navy Uncovered a Concerning 'Connection' in Proposed Qualcomm-Broadcom Deal

A U.S. Navy office charged with investigating foreign investment in U.S. companies helped scuttle Broadcom Corp.’s hostile takeover of Qualcomm Inc. in March, a U.S. Navy admiral said.

Canada Awards Cubic a $27M Deal

Cubic Corp. said Aug. 20 that it received a $27 million contract from the Canadian military.