SD TECHNOLOGY
$13.7M Funding Round to Fuel Growth at Tiled
TECH: Series A Led by Signal Peak Ventures, Adobe and Seismic
San Diego tech startup Tiled just closed a $13.7 million Series A funding round and the company’s CEO wants to hire at least 30 more software developers and engineers by the end of 2021.
Viasat Concerned Over Space Debris
Says ‘Mega-Constellations’ Need Additional Regulatory Oversight
Viasat Inc. (Nasdaq: VSAT) is sounding the alarm about debris orbiting the Earth.
Linewize Parent Co. Buys U.K. Competitor
TECH: Acquisition of Smoothwall Bolsters Cyber Safety Portfolio
Family Zone Cyber Safety, parent company of San Diego-based Linewize, has purchased U.K software company Smoothwall, one of the largest online student cyber-safety providers.
BAE Systems Software Makes Sense of the World
TECHNOLOGY: Students Use Defense Product to Assess Fire Danger
When high school students near Denver wanted to study how fire-prone their part of the country was, they tapped a group of technical specialists 1,000 miles away at BAE Systems for help.
Qualcomm, Intel Get DoD Work
Goal Is to Produce Advanced Microchips on U.S. Soil
The U.S. Department of Defense has tapped Qualcomm Inc. and Intel Corp. to help it produce advanced microchips in the United States.
Aptera Looks Ahead to Manufacturing Phase
TECH: Designer of Electric Vehicles Hires Vice President of Production
Aptera Motors Corp., the Sorrento Valley company that hopes to mass-produce a three-wheeled electric vehicle that can be powered by the sun, announced a new hire recently. The business brought Pablo Ucar on board as vice president of production and procurement.
Growth Spurt at Shield AI
DEFENSE: Valuation Now Exceeds $1 Billion
Defense tech specialist Shield AI reached unicorn status late this summer as $225 million in Series D funding pushed the company’s valuation above the $1 billion threshold.
TOOTRiS Named Finalist in U.S. Chamber of Commerce Annual Dream Big Awards
San Diego start-up TOOTRiS is one of three finalists for the Minority-Owned Business Achievement Award.
Seismic’s Valuation Hits $3 Billion
TECHNOLOGY: Co. Acquires Lessonly, Closes $170 Million Series G Round
Seismic Inc., the Carmel Valley company that offers software for sales professionals, said earlier this month that it has acquired Indianapolis-based training software maker Lessonly for undisclosed terms.
Amazon Credited for Creating 4,000 Local Jobs Since 2010
RETAIL: Corporation Says It Has Pumped $2.3 Billion Directly Into Local Economy
Amazon.com Inc. (Nasdaq: AMZN) recently offered some hard numbers about its impact on the San Diego region and the San Diego economy.
Partnership
SDBJ INSIDER
Two future partners both started with the same company, 50 years ago on Aug. 23, 1971. Little did they know then that a year later, Rich Papike and Gary van Eik would become partners and buy the company. That partnership is now beginning its 51st year together as San Diego’s TriStaff Group of Companies.
Qualcomm Launches First 5G, AI Enabled Drone Program
TECH: Platform Offers Customizable Design
Qualcomm unleashed the first ever 5G and artificial intelligence (AI) enabled drone program on Aug. 17.
MVP Launches Fourth Fund
FINANCE: VC Firm Recruits Investors to S.D.
Moore Venture Partners (MVP), has launched its fourth fund (MVP IV) to continue backing companies in the life science and technology space across all stages of their growth.
Lawn Love Sold To Austin Co.
TECH: Acquisition Creates Strategic Powerhouse
LawnStarter, the leading provider of on-demand lawn and outdoor care, has acquired San Diego-based Lawn Love Inc. for an undisclosed amount in a cash-and-stock deal.
Viasat Quarterly Revenue Hits a Record $665M
TECH: Satellite Services Co. Forecasts Top Line Growth Through Early 2023
Satellite services company Viasat Inc. (Nasdaq: VSAT) posted record revenue of $664.9 million in the quarter ending June 30, the first quarter of its 2022 fiscal year.