an “environmentally friendly” vehicle, which turned out to be a gasoline-powered four-passenger car.
—IT executives from some of San Diego’s better-known employers, including Lockheed Martin, Cymer, and Websense, held a debut meeting of the San Diego-based Industry Council for Competitiveness and Globalization. The ICCG is working to find new ways to retain local IT jobs and to counter the effects of foreign outsourcing.
—Genomatica, a San Diego company using biotechnology to take the petroleum out of the petrochemical industry, raised $15 million in a third round of venture funding that was led by TPG Biotech. Existing investors Mohr Davidow Ventures, Alloy Ventures, and Draper Fisher Jurvetson joined in the round, which will enable Genomatica to build a demonstration plant and expand its development of other “sustainable chemicals.”
—San Diego-based Avaak, which is developing wireless mesh video surveillance technology for consumers, raised $10 million in a second round of venture funding led by Qualcomm Ventures. Joining
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Author: Bruce V. Bigelow
In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here.
Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University.
Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.
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