San Diego Venture Group Hires VC David Titus in New Role to Raise the Tide of Capital, Innovation

ways to raise the tide of local venture capital and to determine what the scope of the SDVG president should be.

He spent the past 15 months as managing director of strategic initiatives at the San Diego Regional Economic Development Corp. The EDC, as it is known, has been in a transitional reorganization since January, when longtime CEO Julie Meier Wright announced her retirement. Titus tells me he helped the EDC hire two new vice presidents for development; he plans to keep an office at the EDC and serve in an advisory role until a new CEO can be hired.

Before joining the EDC, Titus headed a local business task force that was formed in 2009 to develop recommendations for boosting San Diego’s local innovation economy in general—and venture capital in particular. “We went through a process, identified a number of recommended actions, and the recommendations went to Connect,” Titus says, referring to the San Diego non-profit group for technology and entrepreneurism.

Titus co-founded San Diego-based Windward Ventures in 1997, and continues to manage a handful of investments that remain from the firm’s portfolio of 24 tech companies. Windward raised its last venture fund in 2000, and made its last investment in 2007.

Titus says he will report directly to the San Diego Venture Group’s board.

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.