Sarah de Crescenzo

Staff Reporter

Email: sarahd@sdbj.com
Phone: 858-277-6359 Extension: 3120

Recent Stories

Software Startup Seismic Reports Triple-Digit Revenue Growth

Sales and marketing enablement company says its platform played a role in 11 million of sales interactions in the first six months of the year.

Co. Creates Platform to Facilitate and Follow In-Store Transactions

TECH: Co. Creates Platform to Facilitate and Follow In-Store Transactions

As much as companies assert their uniquenesses, some users see little difference between using Uber or Lyft to hail a ride via smartphone or Livingsocial instead of Groupon for local deals.

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Airspace Technologies Raises $8M For 'Next-Gen' Delivery Network, Software Platform

Nick Bulcao and Ryan Rusnak founded Airspace in 2015.

Sport Innovators Ups Its Game To Help Cos. and Entrepreneurs

San Diego Sport Innovators (SDSI), a business development organization for sports and active lifestyle startups, has expanded and rebranded its flagship accelerator program.

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Qualcomm Settles Patent Dispute With Taiwan For $93M

Dispute over patent pricing dates back to 2015.

Company Success Will Be Community Success at New Accelerator

ECONOMY: City-Funded Program Aims for More Diversity, Opportunity

The second floor of the Joe and Vi Jacobs Center in southeast San Diego feels familiar and anodyne, like a place you’d go to get help with your taxes or attend a Toastmasters meeting.

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Reporter’s Notebook: Senturia Setting Up Company

Deckard Technologies Inc., headed by local serial entrepreneur Neil Senturia, recently raised just shy of $370,000 of a $500,000 offering.

Pico Holdings to Exit La Jolla Amid Management Shakeup

Company announces new CEO, says CFO is leaving.

Facebook Awards UCSD Team $75,000 For Cybersecurity Research

Winning proposal by Stefan Savage and Geoff Voelker was titled “Evaluating Security Outcomes: Applying Evidence-based Security to Improve Cybersecurity Risk.”

HEROFi Announces $3.5M Debt Financing

Money to be used as working capital to fuel expansion.

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Startup S.D. Looks for Impact From New Leader

Ocean Beach resident Jarrod Russell, 35, has had an eclectic career.

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Both Sellers and Buyers Seeing Opportunity in Hot M&A Market

FINANCE: Conditions Seen As Continuing Through 2019

A University City-based investment bank that advises companies on mergers and acquisitions has beefed up its roster in expectation of a surge of M&A activity.

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S.D. Bankers Help Umpqua Bank Make the Connections For Banking Relationship Success

Joe Quinn, chief financial officer of defense contractor Epsilon Systems Solutions, needed to close a deal before year’s end.

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One Stop Systems, Computing Systems Maker, Expands Escondido Headquarters

Expansion follows company's public market debut in February.

Samumed, San Diego Biotech Developing Regenerative Drugs, Announces $438M Financing Round

Company is developing treatments for a broad range of diseases, including a variety of cancers and Alzheimer’s.

Bank of Southern California Completes Americas United Acquisition

Acquisition increases Bank of Southern California assets to about $720 million.

Eset Taps Former Ingram Micro Exec to Head North America Region

Eset has its North America headquarters in San Diego. U.S. business makes up more than 20 percent of the company's global revenue.

BofI Federal Bank Agrees to Acquire $3B in Deposits from Nationwide Bank

Deal, anticipated to close in fourth quarter, would increase BofI deposits by more than one-third.

Three EvoNexus Startups Have Something to Work With: Money

Three local startups based at EvoNexus’ La Jolla office have quietly raised funds this year. It was the first financing each of the companies reported having raised.

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Qualcomm Says IoT Revenue to Top $1B

Distribution channels for its IoT products reach more than 9,000 customers.

Connect Adds 2 to Staff to Bolster Accelerator Program, Business Development

New interim senior strategic advisor to Springboard program was Connect’s vice president of business creation and development from 2006 to 2015.

Cibus’ Genetic Editing Aims to Outdo GMO

AG: Cuts Cost, Ups Speed While Avoiding Concerns

The alteration of one letter to another in a word can change its entire meaning.

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Qualcomm Launches Initial $10B Stock Buyback

Offer is the first in a planned repurchase program of up to $30 billion in shares.

San Diego Rises 3 Spots to No. 16 in Annual CBRE Tech Talent Report

Region's comparatively competitive wages and affordable living costs led to upward move in rankings.

Changemaker Chats Brings Valuable Voices to the Conversation

Most of the attendees and panelists at business events and talks in San Diego are men.

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Auto Sector Still Key Driver for Qualcomm

TECH: Stock Buyback Announced; NXP Deal a Casualty of Trade War

Qualcomm Inc. on July 25 abandoned its 21-month odyssey to acquire Dutch chipmaker NXP Semiconductors NV, racking up a $2 billion break-up fee and cutting ties with a company it had hoped would accelerate growth in its automotive and internet-of-things businesses.

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TVC Capital Leads $7.2M Funding Round for HealthCrowd

San Diego-based growth equity firm TVC Capital recently led a $7.2 million round of funding for HealthCrowd, a San Mateo-based healthcare communications company.

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GroGuru Hires Investor for CEO Role

GroGuru, a tech company that makes software and systems to monitor soil conditions, announced July 23 that it had hired one of its investors and advisors to run the company.

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BofI Federal Bank Reveals 'Material Acquisition' Nearing Close

Company anticipates deal to close in fewer than two weeks, in early August.

Qualcomm Stock Rises on $30B Buyback News, Earnings

Stock returns to price last seen in March ahead of proposed Broadcom acquisition bid.

Mission Fed Credit Union to Open 2nd Escondido Branch

Branch will be 31st operated locally by the credit union, which serves people who live, work and go to school in San Diego County.

Stymied By Trade Tensions, Qualcomm to End $44B NXP Acquisition Effort

CEO Steve Mollenkopf also said the company would make up to $30 billion in stock buybacks.

VC Dollars Flowed Locally and Nationally in Q2

INVESTMENT: Backing Of Health Care Cos. Is Good News for S.D.

Early-stage companies in San Diego had a successful second quarter for fundraising, taking in more or nearly more investment dollars than local companies have ever before, depending on the data source.

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Agtech Startup GroGuru Elevates Investor, Advisor to CEO

Cofounder Farooq Anjum remains as chief technology officer.

Jewish Federation of San Diego County Names New CEO

Organization raised nearly $6.3 million in 2017.

High Bluff Capital Partners Acquires Quiznos, Taco Del Mar

Local firm focuses on making investments in consumer-facing companies.

Co.’s Retail System for Cannabis Just in Time for a Hot Market

SOFTWARE: System Aims to Meet Regulatory, And Commercial Demands

Selling a previously illegal substance may give the cannabis industry a sexier sheen than, say, selling widgets.

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Analytics Ventures Forms Advisory Board Led By Turtle Beach CEO

Fund looks to form and foster startups that use AI as a core technology and differentiator.

Help is Here For Early-Stage Cos. Who Apply Themselves

A number of organizations are seeking early-stage companies to recognize or provide with resources to further their entrepreneurial efforts.

Co.’s Retail System for Cannabis Just in Time for a Hot Market

SOFTWARE: System Aims to Meet Regulatory, And Commercial Demands

Selling a previously illegal substance may give the cannabis industry a sexier sheen than, say, selling widgets.

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CalPrivate Bank Spends on New Hires to Take Advantage of Industry M&A

Net income fell 24 percent quarter-over-quarter as expenses rose.

Seacoast Commerce Bank Reports $3.3M in Net Income in Q2

Seacoast also reported its specialty core deposits rose 11.7 percent in the second quarter.

Management Co. Guides Gamers in Business Arena

SERVICE: Analytics Used To Structure Streamers’ Pricing Models

A management agency based in Point Loma represents more than 40 people who play video games on the Amazon-owned platform Twitch while fans watch.

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Bay Area VC With San Diego Connection To Keynote SDVG’s Flagship Event

The San Diego Venture Group said US Venture Partners (UCVP) partner Dafina Toncheva will keynote its Venture Summit event Aug. 16.

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San Diego Int'l Airport Recognized as 'Most Innovative'

Programs that led to award promote the environment and innovation, according to the San Diego County Regional Airport Authority.

Tiled Seed Round Raises $1.5M

A San Diego software startup that bills its content platform as a rival to presentation program PowerPoint has raised a $1.5 million seed round from a Utah-based venture capital firm.

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EvoNexus Adds 6 Execs to Board of Directors

EvoNexus, the startup incubator with an office in La Jolla, recently announced the addition of six executives to its board of directors.

Carlsbad-Based TC Technology Acquired By SSP Innovations

TCT president Jason Linley becomes SSP's director of mobile product management.

Carlsbad-Based Specialized Food Distributor Good Source Solutions Acquired

Acquired company generates more than $200 million in annual revenue from customers including educational, correctional and healthcare facilities.

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