Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c981333d-a92c-4a3d-aff8-ee8dc4a104dd Date 9/6/2016 Company Name GrayMeta Mailing Address 5835 Kanan Rd. Agoura Hills, CA 91301 USA Company Description What most people don’t realize is that embedded in every file is a trove of metadata that in and of itself can be descriptive and relevant, but when combined with metadata from other databases, … Continue reading “GrayMeta Garners $890,000 New Financing”
Category: San Diego
Zavante Therapeutics Obtains $10,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12fe84a4-248b-432d-8d1e-c4853879e9d0 Date 9/3/2016 Company Name Zavante Therapeutics Mailing Address 12670 High Bluff Dr. San Diego, CA 92130 USA Company Description We are passionately committed to our mission to improve patients’ lives by identifying, developing and commercializing novel therapeutics addressing significant unmet medical needs in the hospital setting. Website http://www.zavante.com Transaction Type Debt … Continue reading “Zavante Therapeutics Obtains $10,000,000 New Round”
Bio Roundup: RIP Roger Tsien, Novartis CAR-T Wheel, Zika News & More
A man who helped shed light—fluorescent light—on biology died far too early, at the age of 64. Nobel Prize winner Roger Tsien, a UC San Diego chemist, passed away in Oregon this week. No cause of death has been announced. He helped turn a jellyfish protein into an invaluable lab tool that every researcher knows … Continue reading “Bio Roundup: RIP Roger Tsien, Novartis CAR-T Wheel, Zika News & More”
UC San Diego Nobel Laureate Roger Tsien Dies at 64
Roger Tsien, a UC San Diego scientist who shared the 2008 Nobel Prize in chemistry for research that led to the development of fluorescent proteins used to illuminate tissue and track biological processes, has died, according to a statement from the university. Tsien died on August 24 while bike-riding in Eugene, Oregon, a UCSD Health … Continue reading “UC San Diego Nobel Laureate Roger Tsien Dies at 64”
Exagen Diagnostics Secures $1,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=409c1589-671b-4a9f-8200-3801b76f4a39 Date 8/31/2016 Company Name Exagen Diagnostics Mailing Address 1261 Liberty Way Vista, CA 92081 USA Company Description Exagen Diagnostics is a rheumatology specialty company that focuses on the diagnosis, prognosis and monitoring of autoimmune connective tissue disease. Website http://www.exagen.com Transaction Type Debt Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Exagen Diagnostics Secures $1,000,000 New Financing Round”
SimpliPhi Power Receives $2,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3045fda4-2c3a-4fd7-a4b8-a2d8cb5af2f4 Date 8/31/2016 Company Name SimpliPhi Power Mailing Address 420 Bryant Circle Ojai, CA 93023 USA Company Description As you may have noticed, we weren’t always called SimpliPhi Power. In fact, we started out as the LibertyPak company back in 2002 and have been perfecting our innovative energy storage and management technology … Continue reading “SimpliPhi Power Receives $2,000,000 Series A Round”
Petnet Garners $10,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5adb8206-e44c-45d0-8944-dc740c76c033 Date 8/31/2016 Company Name Petnet Mailing Address 1035 S. Grand Avenue 2nd Floor Los Angeles, CA 90015 USA Company Description Petnet has set out to provide easy to use solutions to fundamental problems of petcare – ultimately connecting all the relevant caregivers in a pet’s life with our pet analytics platform. … Continue reading “Petnet Garners $10,000,000 Series A Financing Round”
Under New Owners, Petco’s Digital Strategy Emerges in Petnet Deal
Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. The new funding will enable Petnet to expand its product line and sales and marketing capabilities. An existing … Continue reading “Under New Owners, Petco’s Digital Strategy Emerges in Petnet Deal”
Four Ways to Stay Safe While Using Public Wi-Fi
No matter how hard we try to unplug on vacation, most of us simply don’t—or can’t—disconnect. The availability of free Wi-Fi is sometimes too hard to resist. While we’re in a carefree state of mind, it’s especially easy to bend the rules. Even when using Wi-Fi at a familiar business, you could be putting your … Continue reading “Four Ways to Stay Safe While Using Public Wi-Fi”
Todd Hylton Adds Neural Tech Expertise to UCSD Robotics Institute
UC San Diego has named Todd Hylton, a veteran tech industry manager and expert in neural-based processing technology, as executive director of its new Contextual Robotics Institute. Hylton was previously the executive vice president of strategy and research at Brain Corp., a Qualcomm-backed startup founded in 2009 to develop computer systems and software based on … Continue reading “Todd Hylton Adds Neural Tech Expertise to UCSD Robotics Institute”
Vroozi Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e61b8dd-76ef-4e2d-9579-2ea9725a5b8d Date 8/30/2016 Company Name Vroozi Mailing Address 15000 Ventura Blvd. Sherman Oaks, CA 91403 USA Company Description Vroozi is a cloud-based enterprise procurement software vendor based out of Southern California with customers globally in their localized languages. Website http://www.vroozi.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Vroozi Garners $4,000,000 New Funding Round”
Synthetic Genomics Creates Host Organism Optimized for Bio Industry
Scientists from Synthetic Genomics, the San Diego-based industrial biotech, have re-engineered a fast-growing microorganism found in salt marsh mud to maximize its production of proteins and to optimize other common bio-based processes. The enhanced version of Vibrio natriegens, a marine bacterium of a type known as Gram-negative, could potentially replace Escherichia coli as the workhorse … Continue reading “Synthetic Genomics Creates Host Organism Optimized for Bio Industry”
The XX Factor: Fixing Biotech’s Gender Imbalance in the C-Suite
Women continue to be vastly under-represented in management and executive-level positions throughout the life science industry—an inequity that came into the spotlight earlier this year when a biotech consulting firm hired female models to improve the male-female ratio at its convention after-party. The catalyzing event sparked a much-needed debate into a serious challenge that has … Continue reading “The XX Factor: Fixing Biotech’s Gender Imbalance in the C-Suite”
HelloTech Secures $4,757,093 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71583193-b6c3-4645-a9fc-385cefd71e12 Date 8/29/2016 Company Name HelloTech Mailing Address 10585 Santa Monica Boulevard Los Angeles, CA 90025 USA Company Description HelloTech provides on-demand technical support for your home with a team of fully-vetted technicians. Schedule your first service appointment today. Website http://www.hellotech.com Transaction Type Venture Equity Transaction Amount $4,757,093 Transaction Round Undisclosed Proceeds … Continue reading “HelloTech Secures $4,757,093 New Round”
Bio Roundup: Mylan’s Shock, Hillary’s 3%, Duchenne Lessons & More
It was the tweet heard around the biotech world, again. Mylan bumped up the price of the EpiPen 400 percent, presidential nominee Hillary Clinton responded with a tirade against drug price hikes, and—much like when Clinton railed against drug pricing last year—biotech indexes promptly plummeted more than 3 percent. Last year, Clinton’s target was Martin … Continue reading “Bio Roundup: Mylan’s Shock, Hillary’s 3%, Duchenne Lessons & More”
Duchenne Lessons: Advocates For Rare Spinal Disease Have Eyes on FDA
[Updated, 1:09 pm ET, see below] Heather and Jessica Tomko will tell you that they’re nothing alike. They’ve got different interests, different tastes in movies, television, and music. If Jessica hates a gift, Heather probably loves it. Heather just scored tickets to see the Broadway show Hamilton and can’t wait. Jessica sighs. “You can’t get … Continue reading “Duchenne Lessons: Advocates For Rare Spinal Disease Have Eyes on FDA”
Bitium Garners $2,960,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2fdbe45c-18a3-450e-8966-2749a43b72aa Date 8/26/2016 Company Name Bitium Mailing Address 2448 Main Street Santa Monica, CA 90405 USA Company Description Provider of enterprise-class Single Sign-On (SSO), identity and access management, and business password management for cloud-forward companies and teams. Website http://www.bitium.com Transaction Type Venture Equity Transaction Amount $2,960,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Bitium Garners $2,960,000 New Round”
Bitium Secures $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e773907d-fc35-4900-ba62-38a7cef211bc Date 8/26/2016 Company Name Bitium Mailing Address 2448 Main Street Santa Monica, CA 90405 USA Company Description Provider of enterprise-class Single Sign-On (SSO), identity and access management, and business password management for cloud-forward companies and teams. Website http://www.bitium.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Bitium Secures $3,000,000 New Financing Round”
Curology Receives $15,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2417a40-421d-455c-ba66-94549c02de12 Date 8/26/2016 Company Name Curology Mailing Address 6020 Cornerstone Court West San Diego, CA 92121 USA Company Description Curology is a customized, prescription skincare company, specializing in acne and anti-aging treatments. Website http://www.curology.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series B Proceeds Purposes This funding will accelerate Curology’s … Continue reading “Curology Receives $15,000,000 Series B Funding”
AcuFocus Receives $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa47aad2-ec46-4411-904e-7a0cc36e50d5 Date 8/25/2016 Company Name AcuFocus Mailing Address 32 Discovery Irvine, CA 92618 USA Company Description AcuFocus is the market leader in small aperture technology, providing physicians and patients unique, reliable and long-term solutions for presbyopia and cataracts. Website http://www.acufocus.com Transaction Type Debt Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “AcuFocus Receives $2,000,000 New Financing”
Who’s to Blame for Inflated Health Insurance Costs?
How often would you go to the doctor if you had to pay for a big chunk out of pocket—or how about if it was completely free? The amount of health care we consume depends on how good our health insurance is. Now, two economists, David Powell and Dana Goldman, have looked at what factors … Continue reading “Who’s to Blame for Inflated Health Insurance Costs?”
Fate Therapeutics Lands $10,290,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fcf97fd4-9058-4755-b074-1ca3eb1ddaca Date 8/24/2016 Company Name Fate Therapeutics Mailing Address 3535 General Atomics Court San Diego, CA 92121 USA Company Description Better Cells for Better Therapies We combine a deep understanding of hematopoietic cell biology with an unmatched expertise in programming cell function and fate. We believe the biological properties of immune cells … Continue reading “Fate Therapeutics Lands $10,290,000 New Funding Round”
Singlera Genomics Garners $20,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac5d3a33-5247-4dbe-9f53-7bdacc2d2c42 Date 8/24/2016 Company Name Singlera Genomics Mailing Address 505 Coast Blvd S La Jolla, CA 92037 USA Company Description Singlera’s main products and services include tumor diagnosis and personalized treatment, non-invasive prenatal diagnosis, pre-implantation genetic screening, and customized scientific research services. Website http://www.singleragenomics.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction … Continue reading “Singlera Genomics Garners $20,000,000 Series A Round”
In Wake Of Infamous Biotech Party, 20 Women Join New Exec Training
[Updated 8/24/16, 1 a.m. See below.] A new program to prepare high-ranking women in the biotech industry for corporate board seats has unveiled its first class of 20. In other circumstances the five-day workshop, scheduled this fall at George Washington University in the nation’s capital, might go unnoticed among the sea of executive training programs … Continue reading “In Wake Of Infamous Biotech Party, 20 Women Join New Exec Training”
Why Resilient Teams Are More Important Than Big Ideas
How important is having a “big idea” for startups? Ideas can generate a lot of buzz and capture attention from investors and potential customers, but long-term success really depends on the capabilities of the team. It’s often said that investors typically look for an “A” team with a “B” idea rather than a “B” team … Continue reading “Why Resilient Teams Are More Important Than Big Ideas”
How a War on Climate Change Could Restore Economic Growth in America
What’s the biggest, scariest threat facing the United States right now? I know for sure that it’s not immigration, free trade, or “radical Islamic terrorism.” And I’m going to resist the easy answer that it’s Donald Trump. But I have a hard time deciding which of these two very real challenges is more urgent: a) … Continue reading “How a War on Climate Change Could Restore Economic Growth in America”
At “The Vine,” Developer Builds a Vertical Campus for Tech Startups
In downtown San Diego, a private real estate company best known for its master-planned communities in suburban Southern California has posed some existential questions for regional tech hubs looking to build their own startup ecosystems. For example: Can a 20-story office tower serve as a “vertical campus” and innovation hub for local tech companies? Such … Continue reading “At “The Vine,” Developer Builds a Vertical Campus for Tech Startups”
Intelligence + Maturity = Better Leaders
There are plenty of smart executives in the world, but they often make poor leaders. That’s because it takes both intelligence and maturity to excel at leadership. And when I say maturity, I don’t necessarily mean age, although generally more life experience is helpful. Maturity is the ability to manage oneself in challenging situations and to … Continue reading “Intelligence + Maturity = Better Leaders”
Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More
When the Olympics roll around, many watchers get into a sport they previously hadn’t thought much about. This time for me, it’s volleyball. The men’s and women’s games, both indoor and beach versions, are fast, aggressive, with lightning-quick adjustments and subtle teamwork required every time a ball is dug out and popped in the air. … Continue reading “Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More”
Calient Technologies Secures $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d38d2666-4b2b-4b18-a006-25f3650dcbeb Date 8/19/2016 Company Name Calient Technologies Mailing Address 25 Castilian Drive Goleta, CA 93117 USA Company Description Adaptive Photonic Switching systems for 10-100 Gbit/s All-Optical Networks in Telecom Service Provider, Data Center, Cloud Computing, & Government Website http://www.calient.net Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Calient Technologies Secures $6,000,000 New Round”
Avelas Biosciences Secures $20,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d973ed4-5186-47f5-ae4a-2889169a248a Date 8/19/2016 Company Name Avelas Biosciences Mailing Address 11099 North Torrey Pines Road La Jolla, CA 92037 USA Company Description Avelas Biosciences develops real-time luminous maps for oncologic surgeons to refer while in surgery. Website http://www.avelasbio.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series C Proceeds Purposes Avelas Biosciences … Continue reading “Avelas Biosciences Secures $20,000,000 Series C Funding Round”
Camino Financial Obtains $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=116b7f14-025c-4161-9cc8-315490929fe8 Date 8/19/2016 Company Name Camino Financial Mailing Address 450 N Brand Blvd. Glendale, CA 91203 USA Company Description Camino Financial is a credit marketplace matching small businesses with the most affordable funding option offered by its network of reputable lenders. Website http://www.caminofinancial.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round … Continue reading “Camino Financial Obtains $2,000,000 New Funding Round”
Histogen Receives $6,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f17fba0-8040-4dce-be45-6c534c01b775 Date 8/19/2016 Company Name Histogen Mailing Address 10655 Sorrento Valley Road San Diego, CA 92121 USA Company Description Histogen is a regenerative medicine company based on naturally-produced products from newborn fibroblasts grown in a proprietary bioreactor. Website http://www.histogen.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Histogen … Continue reading “Histogen Receives $6,000,000 New Financing”
NarrativeWave Obtains $1,250,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f46221e4-16a2-4b42-88cd-a437ff082121 Date 8/19/2016 Company Name NarrativeWave Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 USA Company Description NarrativeWave is the Situational Intelligence System for the Industrial Internet. Understand, interpret, and get real-time Situational status, and Intelligence everywhere, (on-site, off-site) in easy-to-understand Narration of your Industrial Assets. Website http://www.narrativewave.com Transaction Type … Continue reading “NarrativeWave Obtains $1,250,000 New Funding”
CellSavers Receives $15,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1372acd-2299-496e-a68e-cee6f0837014 Date 8/19/2016 Company Name CellSavers Mailing Address Undisclosed San Diego, CA 92093 USA Company Description CellSavers is the easiest, most professional and safest way to have your phone repaired at your preferred time and location. All repairs are backed by our lifetime warranty and high rated customer service Website http://www.mycellsavers.com Transaction … Continue reading “CellSavers Receives $15,000,000 Series A Round”
Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent
San Diego’s Avelas Biosciences, founded in 2009 to advance a fluorescing biologic agent intended to help surgeons differentiate cancerous tissue from healthy tissue, has completed a $20 million Series C round of venture funding. Pharmstandard International, the Luxembourg-based investment arm of the Russian pharmaceutical giant Pharmstandard (and a first-time investor in Avelas), led the round. … Continue reading “Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent”
With $6M Investment, Histogen Aims to Grow Hair Business in China
Histogen, a San Diego-based regenerative medicine company with technology for growing skin cells and related products, said it has raised $6 million from an affiliate of Huapont Life Sciences, a healthcare products company based in Chongqing, China. The $6 million anchors Histogen’s plans to raise as much as $18 million in a Series D financing … Continue reading “With $6M Investment, Histogen Aims to Grow Hair Business in China”
Pharma’s Productivity Problem: Finding More Blockbuster Drugs
A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The authors made the point that, given the size of companies today, a single garden-variety blockbuster hardly moves the needle. … Continue reading “Pharma’s Productivity Problem: Finding More Blockbuster Drugs”
Firefly Games Lands $10,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=221fd63d-18c4-41ff-89a2-a92d61afc8b3 Date 8/15/2016 Company Name Firefly Games Mailing Address 11835 West Olympic Boulevard Los Angeles, CA 90064 USA Company Description Join the Firefly Games community and enjoy free to play games like Rising Heroes and more. Website http://www.fireflygames.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Firefly Games Lands $10,000,000 New Funding”
JenaValve Technology Lands $9,998,240 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85f10f31-f4a2-49ab-9289-f5b2cefde8a3 Date 8/15/2016 Company Name JenaValve Technology Mailing Address 7545 Irvine Center Drive Irvine, CA 92618 USA Company Description JenaValve’s device idea was conceived by Hans-Reiner Figulla, MD, and Markus Ferrari, MD, both cardiologists at the Friedrich Schiller University Clinic, Jena, Germany. Website http://www.jenavalve.de Transaction Type Venture Equity Transaction Amount $9,998,240 Transaction … Continue reading “JenaValve Technology Lands $9,998,240 New Financing”
Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More
The wait continues. An FDA ruling on a Duchenne muscular dystrophy drug from Sarepta Therapeutics—which could be the first ever approved for the disease—has been imminent for a while now, yet Labor Day is fast approaching and still the saga drags on. Speculation abounds, from analysts and pundits, each giving different opinions as to whether … Continue reading “Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More”
The FLEX Company Secures $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af949f30-bd48-4d88-8bba-a88318913959 Date 8/12/2016 Company Name The FLEX Company Mailing Address 1600 Main Street Venice, CA 90291 USA Company Description The Flex Company is the leader in innovation for feminine care, and the sole maker of menstrual discs. Menstrual discs are the first product innovation in feminine hygiene in nearly a century and … Continue reading “The FLEX Company Secures $1,000,000 New Funding Round”
Airgain Receives $12,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=63f9c21e-7b81-4dcf-b521-af1049fd794c Date 8/12/2016 Company Name Airgain Mailing Address 1930 Palomar Point Way Carlsbad, CA 92008 USA Company Description Airgain (NASDAQ: AIRG) is a provider of embedded antenna-related products, integration support and test services for the in-home wireless device market. Website http://www.airgain.com Transaction Type IPO Transaction Amount $12,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Airgain Receives $12,000,000 New Financing”
Productivity in Your Pocket
The app that you use is the one in your pocket. Today, larger mobile screens and touch interfaces are allowing people to do real work—not just e-mail—with the computer they have, wherever they are. It started with the Blackberry in the early 2000s. Like a dream, or a nightmare, e-mail—which is still the go-to work … Continue reading “Productivity in Your Pocket”
As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges
The U.S. government has ambitious plans for a long-term health study with one million Americans, and one of the world’s most powerful tech companies has a big part to play, including the storage of all the data on its “cloud” servers. Google’s parent company Alphabet (NASDAQ: [[ticker:GOOG]]) and its wholly owned biotech R&D group, Verily … Continue reading “As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges”
Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning
On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In a 2013 panel discussion at Silicon Valley’s Churchill Club, the DFJ … Continue reading “Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning”
Gary Hayslip on the City of San Diego as Cybersecurity Test Bed
When Xconomy convened a dinner discussion earlier this year that included prominent San Diego cybersecurity innovators, startup founders, and system administrators, I was stunned to learn that Gary Hayslip oversees an IT network that blocks an average of 800,000 cyber attacks a day. Hayslip is deputy director and chief information security officer (CISO) for the … Continue reading “Gary Hayslip on the City of San Diego as Cybersecurity Test Bed”
NextVR Receives $80,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e401f18d-4aea-48ee-bdf4-e1b7a57dea43 Date 8/10/2016 Company Name NextVR Mailing Address 345 Third St. Laguna Beach, CA 92651 USA Company Description NextVR is a pioneer in capturing and delivering immersive, high-definition, live and recorded virtual reality experiences. Website http://www.nextvr.com Transaction Type Venture Equity Transaction Amount $80,000,000 Transaction Round Series B Proceeds Purposes The new funding … Continue reading “NextVR Receives $80,000,000 Series B Financing”
Intel Acquires Nervana Systems for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b3e68a7-e6ce-4a42-9798-81d5aa7b26fb Date 8/10/2016 Company Name Nervana Systems Mailing Address 6440 Lusk Blvd. San Diego, CA 92121 USA Company Description Founded by experts in machine learning, neuroscience, processor architecture, and chip design, Nervana Systems is bringing unprecedented scale and simplicity to the application of brain-inspired algorithms. Website http://www.nervanasys.com Transaction Type M&A Transaction Amount … Continue reading “Intel Acquires Nervana Systems for Undisclosed Sum”
How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri
Apple’s iPhone 7 is due out next month. According to the Wall Street Journal, PFWTMs (“people familiar with the matter”) say the new device will look pretty much the same as the iPhone 6s. The biggest change: no more headphone plug. Customers who want to listen to music or podcasts on their iPhones will need … Continue reading “How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri”