Much has been blogged about social couponing in recent weeks, from Chicago-based Groupon’s planned IPO, which values the company somewhere between $2 billion and the moon, to the debut of Google Offers in Portland, OR. Yet for all the lip service paid to the phenomenon that includes LivingSocial, BuyWithMe, Tippr, and perhaps hundreds of others … Continue reading “Amid Groupon’s IPO Frenzy, Analog Analytics Offers Old Media a White-Label Life Ring”
Category: San Diego
Apple: The New Headquarters of Computing
You probably thought that the biggest news out of Apple this week was about iCloud, the new cloud data sharing service unveiled at the World Wide Developer Conference in San Francisco. Or maybe you’d point to iOS 5, the next version of Apple’s operating system for the iPhone, iPad, and iPod Touch, or Lion, the … Continue reading “Apple: The New Headquarters of Computing”
Ambit Biosciences Receives $30,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1d5c08a-248e-4748-869e-1f8a9ea43a5a&Preview=1 Date 6/10/2011 Company Name Ambit Biosciences Mailing Address 4215 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Ambit Biosciences is a privately-held biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer. Website http://www.ambitbio.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round … Continue reading “Ambit Biosciences Receives $30,000,000 Series D Funding Round”
Ophthonix Receives $2,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c7da02d6-7a42-4d5c-a843-62126e23b055&Preview=1 Date 6/10/2011 Company Name Ophthonix Mailing Address 1491 Poinsettia Avenue Vista, CA 92081 Company Description Ophthonix Inc., a developer and marketer of advanced eyeglass lenses. The lenses aim to mimic the vision improvements rendered by the popular Lasik surgical procedure. Website http://www.izonlens.com Transaction Type Debt Transaction Amount $2,100,000 Transaction Round Undisclosed … Continue reading “Ophthonix Receives $2,100,000 New Funding Round”
Access Scientific Raises $10M
San Diego-based Access Scientific says it has completed a $10 million round of financing led by CAC, a San Diego private equity firm, and the company’s existing institutional investors. In a statement today, Access Scientific says the funds will be used to hire a direct sales and clinical team to help commercialize its product, a … Continue reading “Access Scientific Raises $10M”
Orexigen Halts U.S. Work on Weight Loss Drug, Illumina Cuts Price for Sequencing Patient Genomes, Ambit Pulls IPO, & More San Diego Life Sciences News
As if to make up for the previous week, there’s been a lot of news from local life sciences companies over the past week. So let’s get started. —San Diego’s Orexigen Therapeutics (NASDAQ: [[ticker:OREX]]) said it would halt U.S. development of its experimental diet pill, a combination of naltrexone and bupropion (Contrave) after regulators rebuffed … Continue reading “Orexigen Halts U.S. Work on Weight Loss Drug, Illumina Cuts Price for Sequencing Patient Genomes, Ambit Pulls IPO, & More San Diego Life Sciences News”
Movieclips Obtains $6,034,610 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49efd13b-000d-4980-98f7-1c9ec0736313&Preview=1 Date 6/9/2011 Company Name Movieclips Mailing Address 228 Main Street Venice, CA 90291 Company Description MOVIECLIPS.com is an online video destination offering audiences the largest and most diverse collection of movie scenes. MOVIECLIPS.com allows fans to find, watch and share more than 12,000 movie clips from the libraries of most major … Continue reading “Movieclips Obtains $6,034,610 New Financing”
Marconi Society Awards Prize to San Diego’s Jacobs & Wolf
The Marconi Society, a group established in Palo Alto, CA, to recognize the creative spirit of Nobel Prize winner Guglielmo Marconi in today’s scientists, engineers, and entrepreneurs, has named Qualcomm co-founder Irwin Jacobs and computer theorist Jack Kiel Wolf as winners of this year’s Marconi Prize. Jacobs, 77, was cited for his contributions to digital … Continue reading “Marconi Society Awards Prize to San Diego’s Jacobs & Wolf”
Halozyme Licensing Deal Valued at $63M
San Diego’s Halozyme Therapeutics (NASDAQ: [[ticker:HALO]]) and Foster City, CA-based Intrexon have agreed to use Halozyme’s recombinant human hyaluronidase to develop an injectable formulation of an Intrexon drug for treating alpha 1-antitrypsin deficiency, a genetic disorder that damages the lungs and liver. Under the exclusive worldwide licensing agreement announced yesterday, Intrexon will make a $9 … Continue reading “Halozyme Licensing Deal Valued at $63M”
Ambit Withdraws IPO
San Diego’s Ambit Biosciences, which is developing anti-cancer compounds that block the activity of certain protein kinases, withdrew its IPO registration, according to a regulatory filing yesterday. The biotech filed to go public on Nov. 5, and had planned to raise more than $86 million. In a letter signed by CFO Alan Fuhrman, Ambit says … Continue reading “Ambit Withdraws IPO”
Don’t Discount Biofuels
As one who’s spent a lifetime chasing the quest of a practical, sustainable bioeconomy – I have sympathy for biofuel skeptics. Let’s face it; petroleum is an incumbent that has no match in political or economic strength. But it is hard to deny the convergence of historical and technological trends that suggest a sustainable biofuel … Continue reading “Don’t Discount Biofuels”
Assay Depot Raises $1.7M to Expand Online Commerce for Biotech Industry
Assay Depot, a five-year-old startup that provides online e-commerce platforms for contract researchers serving the life sciences industry, says it has raised $1.7 million from private investors. The company launched a public marketplace in 2008 that automates the process of hiring a contract research organization, a job that can take a principal investigator days or … Continue reading “Assay Depot Raises $1.7M to Expand Online Commerce for Biotech Industry”
WaterSmart Seeks to Build Out Web-based Services to Conserve Water
[Corrected 6/8/11, 1:10 pm to show Peter Yolles is CEO, instead of Rob Steiner.] WaterSmart Software was founded two years ago in San Francisco, but co-founder Rob Steiner lives in San Diego. So when the cleantech software developer recently raised $900,000 in seed funding, I sat down with Steiner to discuss WaterSmart’s plans for developing … Continue reading “WaterSmart Seeks to Build Out Web-based Services to Conserve Water”
Epiomed Therapeutics Obtains Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87c1621d-6d09-42e7-a8c5-110b4f2795bf&Preview=1 Date 6/8/2011 Company Name Epiomed Therapeutics Mailing Address 25 Mauchly Irvine, CA 92618 Company Description The company is developing novel, small molecule anti-emetic and anti-motion sickness compounds. Website http://www.epiomed.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes Proceeds from this financing are anticipated to be used … Continue reading “Epiomed Therapeutics Obtains Series A Round”
ASCO Wrap-Up: The Skinny on Cancer News From All Corners of the U.S.
Whoever came up with the phrase “drinking from the fire hose,” could have easily been thinking of the American Society of Clinical Oncology annual meeting. The information on cancer R&D has been flowing furiously the past few days at ASCO, which draws about 30,000 cancer doctors, drug company executives, investors, and journalists. I didn’t attend … Continue reading “ASCO Wrap-Up: The Skinny on Cancer News From All Corners of the U.S.”
Assay Depot Garners $1,700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac2a0c4b-3ad8-4b1f-bfc2-e42b23b8005b&Preview=1 Date 6/7/2011 Company Name Assay Depot Mailing Address 11180 Roselle St. San Diego, CA 92121 Company Description By serving as a large repository of on-demand drug discovery services, the Assay Depot marketplace levels the scientific playing field, enabling drug researchers from around the world and in laboratories large and small to … Continue reading “Assay Depot Garners $1,700,000 New Financing Round”
Scenes from the Uplinq Conference: How Qualcomm’s Strategy is Playing Out
If there was a single moment during Qualcomm’s mobile developer conference last week that showed just how much the San Diego wireless giant has changed over the past decade, it would have to be when Qualcomm chairman and CEO Paul Jacobs introduced Nokia CEO Stephen Elop as a keynote speaker. “Up next is somebody that … Continue reading “Scenes from the Uplinq Conference: How Qualcomm’s Strategy is Playing Out”
Tioga Drug Gets Fast Track Status
San Diego’s Tioga Pharmaceuticals, a virtual biotech with the equivalent of three full-time employees, said the FDA has granted “fast track” designation to asimadoline, a compound Tioga is investigating for treating patients with diarrhea-predominant irritable bowel syndrome. Tioga is in a late-stage clinical trial of the drug, which is being conducted under a special protocol … Continue reading “Tioga Drug Gets Fast Track Status”
Qualcomm Cuts Deal With Creative Artists; PowerGenix Targets Micro-Hybrid Market, Ferruolo Moves to USD Law School, & More San Diego BizTech News
The Memorial Day holiday made it a short week for high-tech news in San Diego. Here’s what you need to know from last week. —About 2,000 mobile app developers and others attended the two-day Uplinq conference hosted by San Diego-based Qualcomm (NASDAQ: [[ticker:QCOM]]), the world’s largest wireless chipmaker. A new partnership with Hollywood’s Creative Artists … Continue reading “Qualcomm Cuts Deal With Creative Artists; PowerGenix Targets Micro-Hybrid Market, Ferruolo Moves to USD Law School, & More San Diego BizTech News”
The Quest For Biotech Independence: Maybe It Isn’t So Quixotic After All
Conventional wisdom a couple years ago said that the era of the independent biotech giant was over. Nobody would ever again build a multi-billion dollar, fully integrated independent biopharma company on the scale of an Amgen (NASDAQ: [[ticker:AMGN]]), or even a Gilead Sciences (NASDAQ: [[ticker:GILD]]). Drug development is too risky, time-consuming, and expensive. Investors, tired … Continue reading “The Quest For Biotech Independence: Maybe It Isn’t So Quixotic After All”
PixelFish Lands $500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=904a6624-52c8-458b-8974-93116bf78533&Preview=1 Date 6/6/2011 Company Name PixelFish Mailing Address 21250 Hawthorne Blvd. Torrance, CA 90503 Company Description We make producing high-impact, broadcast-quality video easy and affordable. Website http://www.PixelFish.com Transaction Type Debt Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Socialwise Secures $7,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe55cc56-fa29-4614-99b1-d5c51662461c&Preview=1 Date 6/6/2011 Company Name Socialwise Mailing Address 6440 Lusk Blvd. San Diego, CA 92121 Company Description We develop platforms that integrate into traditional eCommerce products and services. Our flagship product offering is an online payment solution for young people, BillMyParents. Website http://www.socialwise.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round … Continue reading “Socialwise Secures $7,000,000 New Financing Round”
Dear Apple: Go Big with Siri and Nuance in iOS 5
As someone who served on the boards of Siri and Nuance—two companies whose technologies are rumored to be deeply integrated into Apple’s upcoming iOS 5—I might have a unique take on what’s possible at the upcoming Apple World Wide Developer Conference (WWDC ) in San Francisco June 6-10. I throw my speculations into the ring … Continue reading “Dear Apple: Go Big with Siri and Nuance in iOS 5”
Orexigen, Facing High Hurdle at FDA, Puts Obesity Drug Development on Hold; Shares Tank
San Diego-based Orexigen Therapeutics has been smacked down hard by the FDA, and now the company has decided it’s time to throw up its hands and find something else to do. Orexigen (NASDAQ: [[ticker:OREX]]) said today it is putting on hold any further development of its obesity drug programs after getting what you’d have to … Continue reading “Orexigen, Facing High Hurdle at FDA, Puts Obesity Drug Development on Hold; Shares Tank”
Silicon Chef: A Half-Baked Guide to Food Startups
[Updated 12/06/12 with additional listings] When the ex-CEO of Pure Digital, maker of the famous Flip pocket camcorder, wins funding from Sequoia Capital to open a chain of grilled cheese sandwich shops, it may be time to abandon your own enterprise-cloud-marketing-analytics-automation venture or your social-mobile-deals-gamification startup and think about getting into the food business. I was … Continue reading “Silicon Chef: A Half-Baked Guide to Food Startups”
Fisker Automotive Secures $15,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=525fd183-5bdc-42dc-b28e-37a8f215a700&Preview=1 Date 6/3/2011 Company Name Fisker Automotive Mailing Address 19 Corporate Park Irvine, CA 92606 Company Description The concept was created between two independent companies who clearly wanted to make a difference in not only the automotive industry, but to the environment as well. Website http://www.fiskerautomotive.com Transaction Type Venture Equity Transaction Amount … Continue reading “Fisker Automotive Secures $15,000,000 Series C Funding Round”
Histogen Interprets Court Ruling as Victory in Patent Infringement Suit
San Diego-based Histogen, a four-year-old biomedical startup, claimed a key victory today after a federal judge issued a series of findings in a patent infringement case filed in 2009 against the company by a cross-town rival, Carlsbad, CA-based SkinMedica. Before the suit was filed, Histogen had plans to develop products derived from skin cells grown … Continue reading “Histogen Interprets Court Ruling as Victory in Patent Infringement Suit”
Sapphire Energy Executive Killed in Crash
The corporate controller at San Diego’s Sapphire Energy was killed earlier this week when an out-of-control sport-utility vehicle swerved into a bike path while he was bicycling home from work. A close friend told The San Diego Union-Tribune that Poway, CA-resident Nick Venuto, 40, was an avid bicyclist and married father of two. Venuto was … Continue reading “Sapphire Energy Executive Killed in Crash”
Life Technologies’ Ion Machine Speeds Analyses of Deadly European Illness
Rapid genetic analysis made possible by Carlsbad, CA-based Life Technologies’ new semiconductor sequencing technology strongly suggests that the cause of a deadly foodborne outbreak sweeping Europe is an aggressive mutant type of two pathogenic E. coli strains. The illness has left 18 dead in Germany, where the outbreak is focused, and sickened thousands in nine … Continue reading “Life Technologies’ Ion Machine Speeds Analyses of Deadly European Illness”
FDA Approves Optimer Antibiotic, Amylin Wins Legal Round Against Lilly, Investors Excited by Orexigen Move, & More San Diego Life Sciences News
The long Memorial Day weekend made for a short roundup of life sciences news this week. So we’ll be brief. —The FDA approved Optimer Pharmaceuticals‘ drug application for fidaxomicin (Dificid) as a new treatment for the nasty intestinal infection caused by the Clostridium difficile bacterium. Optimer says its treatment cures patients about 90 percent of … Continue reading “FDA Approves Optimer Antibiotic, Amylin Wins Legal Round Against Lilly, Investors Excited by Orexigen Move, & More San Diego Life Sciences News”
UberMedia Secures $5,600,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6297258f-6194-45b5-9ae3-d3a666cc0a52&Preview=1 Date 6/2/2011 Company Name UberMedia Mailing Address 130 W. Union St. Pasadena, CA 91103 Company Description UberMedia is the leading independent developer of applications and web-based services that make it easier for users to find, follow and communicate with others on Twitter and other social media platforms. Website http://www.UberMedia.com Transaction Type … Continue reading “UberMedia Secures $5,600,000 New Funding”
USD Names Lawyer Stephen Ferruolo as Law School Dean
The University of San Diego today named San Diego lawyer (and Xconomist) Stephen Ferruolo as dean of its law school. Ferrulo has served as chairman of the San Diego office of the Goodwin Procter law firm since 2007, when the international firm set up shop here, and was a partner in the firm’s business law … Continue reading “USD Names Lawyer Stephen Ferruolo as Law School Dean”
Qualcomm Going Hollywood in Bid to Expand Mobile Content
Qualcomm (NASDAQ: [[ticker:QCOM]]), lifted the curtain today on a new partnership with Hollywood’s powerful Creative Artists Agency, setting the stage for a new generation of mobile apps that can take advantage of CAA’s portfolio of movie stars, athletes, musicians, and video games. Qualcomm chairman and CEO Paul Jacobs revealed the new partnership today at Uplinq, … Continue reading “Qualcomm Going Hollywood in Bid to Expand Mobile Content”
With California Deals Heating Up, Polaris Venture Partners to Open Palo Alto Office
Polaris Venture Partners is significantly increasing its presence in California, where roughly one-third of its active portfolio companies are now based, and plans to soon open an office in Palo Alto, in the heart of Silicon Valley, Xconomy has learned. Polaris general partner Dave Barrett says the firm is still looking at space and so … Continue reading “With California Deals Heating Up, Polaris Venture Partners to Open Palo Alto Office”
Somaxon Fighting Fresh Challenge from Generic Drug-Makers
San Diego’s Somaxon Pharmaceuticals, which overcame setbacks before winning FDA approval for its insomnia drug last year, is now facing some stiff new challenges, according to an interesting story by Keith Darcé of The San Diego Union-Tribune. As we explained last year, Somaxon already was facing stiff competition from over-the-counter sleeping aids and other generics … Continue reading “Somaxon Fighting Fresh Challenge from Generic Drug-Makers”
San Diego’s PowerGenix Engineers a New Strategy for Nickel-Zinc Battery
Dan Squiller concedes that the rechargeable lithium-ion battery has become the dominant power source for electricity-hungry technologies that include everything from laptop computers to electric vehicles. But he contends lithium-ion batteries have some drawbacks too—they’re expensive, potentially flammable, and difficult to recycle. As the CEO at San Diego’s PowerGenix, Squiller also maintains that there is … Continue reading “San Diego’s PowerGenix Engineers a New Strategy for Nickel-Zinc Battery”
Active Network Shares Rise, Accelrys Buys Sweden’s Contur, Mitek Raises $15M, & More San Diego BizTech News
The IPO market is clearly improving, with San Diego’s Active Network serving as the latest example in a slew of new stock offerings. We have that and all the other tech news you need to start your week. —Shares of the Active Network (NYSE: [[ticker:ACTV]]) steadily gained altitude last week after the San Diego-based provider … Continue reading “Active Network Shares Rise, Accelrys Buys Sweden’s Contur, Mitek Raises $15M, & More San Diego BizTech News”
Ivantis Secures $17,264,989 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f802b09a-be6e-455e-9493-e556de9e14e1&Preview=1 Date 5/31/2011 Company Name Ivantis Mailing Address 13766 Alton Parkway Irvine, CA 92618 Company Description The company provides medical devices for the treatment of glaucoma. Website http://www.ivantisinc.com Transaction Type Venture Equity Transaction Amount $17,264,989 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. Subsequent series A financing. SEC regulatory … Continue reading “Ivantis Secures $17,264,989 Series A Financing”
Lighten Up! A Briefing on Biophotonics
These days biophotonics is regarded as the key science for the next generation of clinical tools and biomedical research instrumentation. This Frontiers of Science presentation explains how biophotonics represents a breakthrough imaging technology for resolving fundamental questions in biology. Axel Nimmerjahn’s lab within the Salk Institute’s Waitt Advanced Biophotonics Center has developed light microscope tools … Continue reading “Lighten Up! A Briefing on Biophotonics”
How to Make “Made in San Diego” a Winning Business Model
The San Diego MIT Enterprise Forum is departing from its usual business case presentation to offer instead a panel discussion on near-sourcing versus outsourcing. Executives with different industry backgrounds and experience with near-sourcing and outsourcing will discuss their perspective on the good, bad, and ugly aspects of these contrasting strategies. More information and online registration … Continue reading “How to Make “Made in San Diego” a Winning Business Model”
Preparing for the Unexpected During an IPO or Follow-on Stock Offering
The pace of IPOs has increased so far this year, when compared with the same period of 2010. Even with the best planning, though, unexpected events occur can impact the financing process. Join our panel of financial, industry and legal experts as they discuss their experiences in dealing with adversity, current market dynamics, and key … Continue reading “Preparing for the Unexpected During an IPO or Follow-on Stock Offering”
Connect Workshop: Designing Your Company to Maximize Value
To navigate today’s markets successfully, a company should be designed as a flexible adaptive network, comprising a portfolio of businesses leveraging a central business model platform and an external partner ecosystem. For example, rather than focusing on just one business, the fragmentation and volatility of today’s markets mean a company must continually evolve its portfolio … Continue reading “Connect Workshop: Designing Your Company to Maximize Value”
Risk-Sharing as a Means to Market Access
The increasing cost of new healthcare technologies is leading payers to become more concerned about the financial impact of inappropriate or ineffective treatment. Manufacturers facing potential delays in market access or reimbursement are looking to innovative approaches including risk-sharing, pay-for-performance or value-based programs to allay the concerns of payers and health technology assessment programs. Biocom … Continue reading “Risk-Sharing as a Means to Market Access”
Driving Innovation: San Diego Electric Vehicle Showcase
Cleantech San Diego is spotlighting the region’s strong market for electric vehicle adoption, with interactive demonstration of leading EV-related technologies, including the Nissan Leaf EV, SDG&E fleet vehicles, Flux Power battery system in a Polaris ATV and Omega electric truck, and EV charging stations from General Electric. Cleantech San Diego also has invited former Indy … Continue reading “Driving Innovation: San Diego Electric Vehicle Showcase”
Early Exit Workshop Presented by the San Diego Tech Coast Angels
Early Exits offers a strategy for startup investors and entrepreneurs to build a new venture, prove a business model, and exit in two to three years without the need for multi-million dollar investments. Based on the book by Basil Peters, longtime angel investor and consultant Bill Payne is presenting the workshop in San Diego. Payne … Continue reading “Early Exit Workshop Presented by the San Diego Tech Coast Angels”
Physics for Politicians and Policy-Makers
Governmental science and technology advisor Roy Schwitters will speak on “Wanderings of a Physicist around Washington: The Importance of Technical Content Supporting Policy.” Schwitters is a professor of physics and former chair of the department of physics at the University of Texas at Austin, where he teaches and conducts research in experimental high energy physics. … Continue reading “Physics for Politicians and Policy-Makers”
San Diego Venture Group’s 9th Annual Venture Summit
The San Diego Venture Group has invited X Prize Foundation chairman and CEO Peter Diamandis to give the keynote address at this year’s venture summit. Best known for staging the $10 million Ansari X Prize for private spaceflight, the foundation has been organizing new incentive prizes in four areas: exploration, life sciences, energy & environment, … Continue reading “San Diego Venture Group’s 9th Annual Venture Summit”
Optimer Wins FDA Approval of New Antibiotic for Hospital Infections
Turns out that Optimer Pharmaceuticals won’t have to spend the holiday weekend on pins and needles. The San Diego-based biotech company got its wish today, as the FDA approved Optimer’s first new product for sale in the U.S. The FDA cleared fidaxomicin (Dificid) as a new treatment for C. difficile, a hardy bacterial infection that … Continue reading “Optimer Wins FDA Approval of New Antibiotic for Hospital Infections”
Optimer Cruises Into Memorable Memorial Day Weekend, Awaiting FDA Word on Antibiotic
At least a few people in San Diego are sitting tight today at work, unable to get a jump on the holiday weekend. That’s the case at San Diego-based Optimer Pharmaceuticals (NASDAQ: [[ticker:OPTR]]), which is awaiting word from the FDA on whether its first drug can be cleared for sale in the U.S. The agency’s … Continue reading “Optimer Cruises Into Memorable Memorial Day Weekend, Awaiting FDA Word on Antibiotic”
Fueled by Mobile Transaction Technology, Mitek Systems Raises $15M for Nasdaq Move
In the years after the Berlin Wall crumbled, San Diego’s Mitek Systems was one of many local defense contractors left high and dry by a receding tide of Pentagon spending. These days, however, the company is riding a wave of success with new technology that enables a person to use a smartphone camera to deposit … Continue reading “Fueled by Mobile Transaction Technology, Mitek Systems Raises $15M for Nasdaq Move”