Be Selective; Raise Funds Before You Need Them
Seismic Founder and CEO Doug Winter closed on $100 million in funding for his company in December. With the additional funds, the company has been preparing to go public, including hiring a chief financial officer who helped take ServiceNow public.
Let the Team Figure Out the Course; Keep In Mind It’s a Marathon
Tealium CEO Jeff Lunsford brought together a cadre of former WebSideStory executives when he set off to build Tealium eight years ago. The software startup builds customer data platforms, which allow companies to manage marketing data from a host of different sources.
Startup: As of March, Company Had 85 Full-Time Employees
The Persistent Company, a San Diego-based startup developing Bluetooth beacons on a blockchain network, cut more than 40 employees last week.
The $40M Would Convert Into Shares At 90% of IPO Price
La Jolla-based Inhibrx is prepping for a public debut. Two weeks after raising $40 million, the company in early June filed for an initial public offering to advance three cancer drugs in clinical trials — and other preclinical programs, including an antibiotic.
Applications for Tech Coast Angels' annual pitch competition are due on October 29.
XY reduced its headcount by more than 40 employees last week, in an effort to focus the company.
Escondido-based Kaer Biotherapeutics received a $300,000 federal grant to help it develop medical technology that could potentially help premature babies and adults with respiratory problems.
ESUB Construction Software named Angelina Hendricks its chief technology officer. The hire follows on the heels of the announcement that eSUB raised $12 million in venture funding.
Caroline Winn became COO in 2017; previously she was chief energy delivery officer.
The U.S. Navy information technology command based in Old Town will now be known as Naval Information Warfare Systems Command, or NAVWARSYSCOM.
Bmmpr, a startup that makes smart car alarms, is moving into a new headquarters at the I.D.E.A. District in East Village.
STARTUP: ‘Shark Tank’ Boosts Interest; Co. Battles Knock Offs
Founded in 2016 by CEO Noel Durity, a San Diego-based real estate broker, Twist It Up Comb came about after Durity realized using an actual tennis racket in a circular motion to twist his afro-centric hair was not only functional, but also cost-effective and sanitary; most twisting products currently in the market are porous sponges that tend to wear out after time.
San Diego-based AttackIQ closed a $17.6 million funding round led by Khosla Ventures.
Viasat Inc. said it received a contract to build a low Earth orbit satellite for the U.S. military’s Link 16 radio system. The Space Enterprise Consortium of the U.S. Air Force made the $10 million award.