DermTech Receives $772,315 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=466bc53d-56b1-4817-9dae-7f5e2b04df2b Date 8/27/2015 Company Name DermTech Mailing Address 11099 N. Torrey Pines Road La Jolla, CA 92037 USA Company Description DermTech develops and commercializes qPCR assays for skin samples collected non-invasively using adhesive tape biopsy methods. The Company’s assays can analyze multiple gene targets to assess their level of RNA expression. The … Continue reading “DermTech Receives $772,315 New Funding”

Epic Sciences Names Dave Henderson as CIO

San Diego-based Epic Sciences today named former Sequenom (NASDAQ: [[ticker:SQNM]]) chief information officer Dave Henderson as its new CIO. He has “extensive experience implementing enterprise solutions for global companies in regulated environments,” Epic Sciences CEO Murali Prahalad said in the company’s statement. He added that Henderson’s experience in strategic planning, information technology development, and production support … Continue reading “Epic Sciences Names Dave Henderson as CIO”

Human Longevity Names Mark Winham as COO

Human Longevity, the San Diego-based genomics company founded by J. Craig Venter, has named Mark Winham as Chief Operating Officer. Winham, who was previously the COO of Millennium Health and spent 10 years at Life Technologies (now part of Thermo Fisher Scientific), will report directly to Venter, who remains CEO.  According to a statement from … Continue reading “Human Longevity Names Mark Winham as COO”

ReShape Medical Lands $38,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93a94f78-d5c4-4dc5-ae25-f1fdfa98695e Date 8/26/2015 Company Name ReShape Medical Mailing Address 100 Calle Iglesia San Clemente, CA 92672 USA Company Description ReShape DuoTM is the first and only non-surgical, dual-intragastric balloon treatment designed for those who want a fast track to weight loss without the risks of surgery or side effects of drugs. Website … Continue reading “ReShape Medical Lands $38,000,000 Series D Financing Round”

Private Code Academies Stake Their Claims in San Diego

Private “coding academies”—vocational schools that provide accelerated training for software development jobs—have begun to sprout in San Diego. The newest arrival, Origin Code Academy, is recruiting students for its first class on Sept. 21, and says it is the first coding education provider in San Diego “to guarantee its students a software development job within … Continue reading “Private Code Academies Stake Their Claims in San Diego”

Versant Walks Biotech “High Line” With a New Manhattan Incubator

Versant Ventures is about to launch its latest biotech incubator. And it’s picked the emerging New York life sciences scene as its home. This morning, Versant, the San Francisco Bay Area VC firm, is announcing the formation of what’s being called “Highline Therapeutics.” Named after the elevated walkway and park that runs along the lower … Continue reading “Versant Walks Biotech “High Line” With a New Manhattan Incubator”

Reva Medical Names Regina Groves as CEO

San Diego-basee Reva Medical (ASX: [[ticker:RVA]]) named Regina Groves as CEO, replacing Robert Stockman, who will remain as non-executive chairman of the company’s board of Directors. She was previously vice president and general manager of AF Solutions, the cardiac rhythm and heart failure division of Medtronic (NYSE: [[ticker:MDT]]), and has more than 30 years’ experience … Continue reading “Reva Medical Names Regina Groves as CEO”

Insightra Medical Secures $5,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ae27df-3b72-4344-8d5b-0f0b3c2030c7 Date 8/24/2015 Company Name Insightra Medical Mailing Address 9200 Irvine Center Dr. Irvine, CA 92618 USA Company Description In 2006 the first equity capital was raised and the current management team was assembled. Around that time, marketing rights were acquired for Ultra IAB aortic balloon pump catheter range created by TMP … Continue reading “Insightra Medical Secures $5,000,000 New Funding”

West Coast Biotech Roundup: Adaptive, Synthorx, USC v. UCSD, 23andMe

The West Coast, according to the self-aggrandizing myth, is a place of re-invention, non-conformism, un-convention. You see this box, man? Our brains are over here, thinking outside of it. It’s all good. Just ask Don Draper. Sometimes it just leads to a new Coke commercial, at least in Mad Men’s retelling of the tale, but … Continue reading “West Coast Biotech Roundup: Adaptive, Synthorx, USC v. UCSD, 23andMe”

Synthorx Makes Proteins Using Expanded Alphabet of Synthetic DNA

A synthetic biology startup that grabbed headlines last year by inserting synthesized DNA in bacteria—and getting it to replicate—said yesterday it has taken its technology a step further—engineering the bacteria to make proteins that don’t exist in nature. The advance announced by San Diego-based Synthorx has not yet been reported in a scientific journal, as … Continue reading “Synthorx Makes Proteins Using Expanded Alphabet of Synthetic DNA”

Gone Receives $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33150ea2-16bb-4992-bce8-7e71f029aceb Date 8/20/2015 Company Name Gone Mailing Address 340 S Lemon Ave. Walnut, CA 91789 USA Company Description Gone! makes out with the old as easy as in with the new by doing all of the work for you. No matter the item, we will get you the best price and, if … Continue reading “Gone Receives $1,000,000 New Financing Round”

USC Makes Federal Case Out of Dispute Over Alzheimer’s Study

In a surprising turn of events, the University of Southern California has moved a bitter legal dispute with UC San Diego over a prestigious Alzheimer’s disease research program to federal court—and replaced the law firm that was handling its case. Lawyers for USC filed a notice of removal of the dispute to federal court on … Continue reading “USC Makes Federal Case Out of Dispute Over Alzheimer’s Study”

Amplyx Pharmaceuticals Obtains $1,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=adf40e76-09a6-4112-95fe-2d626ad2da17 Date 8/19/2015 Company Name Amplyx Pharmaceuticals Mailing Address 3210 Merryfield Row San Diego, CA 92121 USA Company Description Amplyx Pharmaceuticals develops improved small molecule drugs. Website http://www.amplyx.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment … Continue reading “Amplyx Pharmaceuticals Obtains $1,500,000 New Round”

Genalyte Secures $44,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9628c92d-ac01-4f90-a620-74521dffc991 Date 8/19/2015 Company Name Genalyte Mailing Address 10520 Wateridge Circle San Diego, CA 92121 USA Company Description Over the past three years the team’s mission has been to develop instrument systems, hardware, software and consumables, making multiplex protein and nucleic acid testing from a single sample the standard in the Research, … Continue reading “Genalyte Secures $44,000,000 Series C Financing”

Ring Lands $28,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=962624f1-9ca8-4b5e-8055-8e6bd9ea41f5 Date 8/19/2015 Company Name Ring Mailing Address 1523 26th Street Santa Monica, CA 90404 USA Company Description If not for my wife, the Ring Video Doorbell would not exist. Inventors come up with a lot of bad ideas and she has heard them all. One night I shared my idea for … Continue reading “Ring Lands $28,000,000 Series B Financing Round”

100 Years But Only One Drug: Sickle Cell Patients Wait For Help

Last week, 100,000 Americans with sickle cell disease and millions more around the world got encouraging news. Investors gave a vote of confidence, in the form of a $120 million IPO, to Global Blood Therapeutics (NASDAQ: [[ticker:GBT]]), a four-year-old biotech working on a pill that could become the biggest medical advance ever for the disease. … Continue reading “100 Years But Only One Drug: Sickle Cell Patients Wait For Help”

WaVe Joins the Crossover Party With $66M Series B for RNA Drugs

Another week, another startup biotech that has amassed the type of investor group that can support an initial public offering. This time, it’s Boston-based WaVe Life Sciences. WaVe, a startup trying to develop so-called “stereopure” RNA drugs, today raised a $66 million Series B round from a group of crossover investors that back both private … Continue reading “WaVe Joins the Crossover Party With $66M Series B for RNA Drugs”

Food Tech Peach Raises $8M as First Course, Plans Entrée in Boston

After expanding to San Diego in May, Seattle-based Peach says it has raised $8 million in venture funding to bring its lunch ordering technology to Boston this October, and to Washington D.C. by early next year. In a statement today, Peach says Seattle’s Madrona Venture Group led the current Series A financing round, which was … Continue reading “Food Tech Peach Raises $8M as First Course, Plans Entrée in Boston”

PeerStreet Garners $6,100,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f0da5e7-8241-4cef-afba-73649a8501ab Date 8/18/2015 Company Name PeerStreet Mailing Address 300 Manhattan Beach Boulevard Manhattan Beach, CA 90266 USA Company Description PeerStreet is a more efficient real estate lending marketplace. Our platform provides investors the unprecedented ability to invest in previously difficult-to-access real estate loans, and borrowers with new sources of capital. Historically, these … Continue reading “PeerStreet Garners $6,100,000 Seed Financing Round”

SVR Tracking Obtains New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f7a5855-39bf-41b7-95c8-c3a9c1482f85 Date 8/18/2015 Company Name SVR Tracking Mailing Address 4660 La Jolla Village Dr. San Diego, CA 92122 USA Company Description The SVR Tracking service enables lot owners to locate and recover their vehicles with live, real-time tracking, and provides stop verification, enabling them to determine potential locations for their vehicles. Website … Continue reading “SVR Tracking Obtains New Financing Round”

Reframing the Conversation About Technology and Government

When the conversation turns to government and technology, all too frequently the narrative becomes one of hopelessness. Healthcare.gov, the ancient computer sitting on the desk at the DMV, and the recent attacks by hackers on various government departments all help to reinforce this story of futility. And, inevitably, the questions get framed as, “Why can’t … Continue reading “Reframing the Conversation About Technology and Government”

Bootstrapping Fast Growth: Q&A with Cognitive Medical’s Doug Burke

Last week, Inc. magazine released its 34th annual list of America’s fastest-growing private companies, which highlights 5,000 businesses of all kinds. The top-ranked business in the San Diego area, which ranks among the magazine’s list of “fastest-growing metro areas” (with 96 companies that qualified, based on their increased revenue growth from 2011 to 2014), sells … Continue reading “Bootstrapping Fast Growth: Q&A with Cognitive Medical’s Doug Burke”

The Honest Company Garners $100,000,000 Series D Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f83416c-267a-48b1-b8f3-5f8c6fbd323c Date 8/14/2015 Company Name The Honest Company Mailing Address 1550 17th Street Santa Monica, CA 90404 USA Company Description A dad named Christopher and a mom named Jessica found themselves utterly frustrated trying to find the perfect products for their babies and homes. We both wanted an ideal: not only effective, … Continue reading “The Honest Company Garners $100,000,000 Series D Funding Round”

West Coast Biotech Roundup: Global Blood, Invitae, GeneWEAVE, Adynxx

Before the arrival of the summer doldrums, Global Blood Therapeutics managed to go public, although “managed” probably isn’t the right word for a debut that beat pre-IPO targets and then doubled its price the first day on the Nasdaq. It’s a big vote of confidence in the South San Francisco, CA-based company, whose lead drug … Continue reading “West Coast Biotech Roundup: Global Blood, Invitae, GeneWEAVE, Adynxx”

Who What Wear Lands $8,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a43d0186-ab94-4393-af97-104184b36247 Date 8/13/2015 Company Name Who What Wear Mailing Address 6351 Wilshire Blvd. Los Angeles, CA 90048 USA Company Description Who What Wear is the definitive authority for trend-setting fashionistas and their followers between the ages of 18-34 – this multi-media brand has quickly become the essential resource among tastemakers everywhere and … Continue reading “Who What Wear Lands $8,000,000 Series B Round”

Mogl Receives $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab73c25f-9d06-45dc-bab0-9135864525d2 Date 8/12/2015 Company Name Mogl Mailing Address 9645 Scranton Road San Diego, CA 92121 USA Company Description The company offers its customers multiple incentives for returning to member restaurants and bars, using a mixture of technology, games, and psychology. The incentives include a 10 percent cash back each time a customer … Continue reading “Mogl Receives $8,000,000 New Funding”

As Google Restructures to Alphabet, Innovation Remains in Focus

Most tech companies fear that growth could stifle innovation. At Google, founders Larry Page and Sergey Brin have historically suppressed that concern by using its billions of dollars in advertising and search engine revenues to invest in, build, and acquire creative technology. Now the Silicon Valley search giant is separating what The New York Times … Continue reading “As Google Restructures to Alphabet, Innovation Remains in Focus”

San Diego Newcomer Airbitz Raises $450K for Bitcoin Technology

Airbitz, a downtown San Diego startup with a vision of bringing digital currency to the masses, said it recently raised $450,000 of what is expected to be an initial seed round of more than $1.2 million. In presentations over the past year, Airbitz co-founder and CEO Paul Puey has said the company’s vision is “to … Continue reading “San Diego Newcomer Airbitz Raises $450K for Bitcoin Technology”

Online Retailer GovX Raises $11.5M to Expand Member-Only Services

San Diego-based GovX, an e-commerce retailer that operates like an online military base exchange for qualified U.S. Armed Forces, law enforcement, and public safety personnel, said it has raised $11.5 million from investors to expand its exclusive array of discounted products and services. Two existing shareholders, Alestra Ltd. and Arbor Group, led the round, which … Continue reading “Online Retailer GovX Raises $11.5M to Expand Member-Only Services”

TherOx Receives $16,806,247 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb819cec-6216-4741-a1ea-482228f9e990 Date 8/11/2015 Company Name TherOx Mailing Address 17500 Cartwright Rd. Irvine, CA 92614 USA Company Description TherOx, Inc. (TherOx) is a private, venture-financed medical device company based in Irvine, California, dedicated to elevating the standard of care for treatment of heart attack patients. Website http://www.therox.com Transaction Type Venture Equity Transaction Amount … Continue reading “TherOx Receives $16,806,247 New Financing Round”

Histogen Obtains New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b69d2cf5-ec52-4598-a174-a52e98741ddb Date 8/11/2015 Company Name Histogen Mailing Address 10655 Sorrento Valley Road San Diego, CA 92121 USA Company Description Histogen, launched in 2007, seeks to redefine regenerative medicine by developing a series of high value products without the use of embryonic stem cells or animal products. Histogen has two product families – … Continue reading “Histogen Obtains New Financing”

Why San Diego Is Better than Silicon Valley for AI Startups

Xconomy recently gathered some of the region’s leading minds in brain research and artificial intelligence for a discussion about research on the brain, and emerging areas of neurotechnology innovation . It was a mix of investors, academics, and entrepreneurs. Leading our discussion was UC San Diego Professor Ralph Greenspan, who helped advise President Obama to … Continue reading “Why San Diego Is Better than Silicon Valley for AI Startups”

Coursera, UC San Diego Use MOOCs to Make Workers More Job-Ready

After establishing a new office of online education earlier this year, UC San Diego recently unveiled plans to develop massive open online courses—or MOOCs—to better prepare workers for jobs in two specialized tech sectors. Under a “global skills initiative” announced by Mountain View, CA-based Coursera, UC San Diego said it will be working on the … Continue reading “Coursera, UC San Diego Use MOOCs to Make Workers More Job-Ready”

Neurotechnology Research Symposium

The San Diego Brain Consortium is hosting its first regional symposium to highlight cutting-edge research related to government-funded initiatives focused on the brain. Topics include new developments in wireless devices, nanotechnology, human-computer interfaces, optogenetics, brain imaging, and genetic tools. More information is available here.

Antiva Biosciences Obtains $16,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4693ec60-cd0b-4b9f-9d6d-6de92a15e9ae Date 8/7/2015 Company Name Antiva Biosciences Mailing Address 14024 Rue Saint Raphael Del Mar, CA 92014 USA Company Description Antiva Biosciences was founded by Karl Hostetler, M.D., a leader in virology who founded Chimerix, Triangle Therapeutics (acquired by Gilead) and Vical. The company is using a new medicinal chemistry platform to … Continue reading “Antiva Biosciences Obtains $16,000,000 Series B Round”

JenaValve Technology Obtains $26,500,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ae1bf8b-4ad5-4da5-b20b-913139b42e3a Date 8/7/2015 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 $26,500,000 Transaction … Continue reading “JenaValve Technology Obtains $26,500,000 Series C Round”

Clutter Receives $1,300,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fe8822e-2be7-4812-92e3-af5ab795f7d0 Date 8/7/2015 Company Name Clutter Mailing Address 12400 Wilshire Blvd. Los Angeles, CA 90025 USA Company Description Clutter makes it easy for you to enjoy a simple and organized home by safely storing your extra stuff and bringing it back to you on demand. You don’t have to waste time, money, … Continue reading “Clutter Receives $1,300,000 New Funding”

With $16M Series B, Antiva Hopes to Kill Cancer-Causing HPV

Antiva Biosciences may have a new name, but its mission is the same: to develop the first antiviral therapy meant to stop human papillomavirus infections from turning into cancer. The Menlo Park, CA-based company, founded in San Diego three years ago as Hera Therapeutics by Karl Hostetler, now has some funding to pursue its vision. … Continue reading “With $16M Series B, Antiva Hopes to Kill Cancer-Causing HPV”

MediaPlatform Lands $12,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42208133-9681-42f8-94c3-081eb5e0ad23 Date 8/6/2015 Company Name MediaPlatform Mailing Address 8383 Wilshire Blvd. Beverly Hills, CA 90211 USA Company Description MediaPlatform is the leading enterprise video and webcasting platform for internal and external communications, training and collaboration. MediaPlatform provides a complete set of products, services and technologies to help organizations apply video communications to … Continue reading “MediaPlatform Lands $12,000,000 New Financing”

Virtium Obtains New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56c5e171-b9e5-4d70-8246-2f42272fb9be Date 8/6/2015 Company Name Virtium Mailing Address 30052 Tomas Rancho Santa Margarita, CA 92688 USA Company Description Virtium is a solutions-driven provider of embedded SSD and industrial memory products OEMs trust for their networking, communications, industrial, in-flight entertainment, transportation, gaming and mobile monitoring system applications. Website http://www.virtium.com Transaction Type Venture Equity … Continue reading “Virtium Obtains New Funding Round”

FDA Taps DNAnexus to Build Platform for Crowdsourcing Diagnostics

There is an FDA project underway that could help change the way molecular diagnostics are developed, evaluated, and regulated in the U.S. one day, should things go the way the agency intends. And Mountain View, CA-based DNAnexus is getting the first crack at building the platform at the plan’s heart. DNAnexus, the genomics analytics startup … Continue reading “FDA Taps DNAnexus to Build Platform for Crowdsourcing Diagnostics”

Metacrine Raises $36M in VC Funding, Focuses on Metabolic Diseases

Metacrine, a new San Diego biotech, says today it has raised $36 million in Series A financing to advance two new classes of drugs that could be used to help control chronic liver disease and related metabolic diseases and disorders. Metacrine was founded with technology licensed from the Salk Institute, where discoveries by Ron Evans, … Continue reading “Metacrine Raises $36M in VC Funding, Focuses on Metabolic Diseases”

Illumina Announces Three New Companies for Genomics Accelerator

Illumina, the bioinformatics company that created an accelerator program last year focused on genomics companies, announced this morning it has picked a new group of companies to be the second class its accelerator program. In exchange for an equity stake in each company, the Illumina Accelerator gives the startups a seed investment, business advice, and … Continue reading “Illumina Announces Three New Companies for Genomics Accelerator”

Judge Orders USC to Restore Control of Alzheimer’s Study to UCSD

[Updated, 8:25 am PT, with court document] A San Diego judge yesterday ordered the University of Southern California and a prominent Alzheimer’s disease researcher to restore control over a nationwide Alzheimer’s research program to UC San Diego “with all deliberate speed.” The five-page preliminary injunction (posted below), signed by Superior Court Judge Judith Hayes, is … Continue reading “Judge Orders USC to Restore Control of Alzheimer’s Study to UCSD”

IQMS Receives $40,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a9d0379-7474-4115-9b8f-143b35ead3fb Date 8/5/2015 Company Name IQMS Mailing Address 2231 Wisteria Lane Paso Robles, CA 93446 USA Company Description At IQMS, relationships matter and we take pride in our ongoing commitment to both our product and our clients. From the time you make IQMS your technology partner, and through the entire relationship, an … Continue reading “IQMS Receives $40,000,000 New Funding”

Metacrine Obtains $36,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f65b5135-313b-496b-8a19-38c0091f1ccf Date 8/5/2015 Company Name Metacrine Mailing Address 12780 El Camino Real San Diego, CA 92130 USA Company Description Metacrine is a biotech company ?founded in 2015 on technology licensed from the ?laboratory of Dr. Ronald Evans, a world leader in? nuclear hormone receptors and Howard Hughes?Medical Institute Investigator at the Salk … Continue reading “Metacrine Obtains $36,000,000 Series A Funding”

AdToApp Receives $6,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e01d799-f37c-40a5-9d62-8ef07ec1b0dc Date 8/5/2015 Company Name AdToApp Mailing Address 1901 Avenue of the Stars Los Angeles, CA 90067 USA Company Description AdtoApp presents an innovative solution for better revenues based on the adjustable algorithm of on-going filtering of demand-side buyers by eCPM rate. Website http://www.adtoapp.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction … Continue reading “AdToApp Receives $6,000,000 New Funding Round”

As White House Hosts Demo Day, Techstars and Others Push Diversity

It’s no secret that the tech industry has diversity problems. Xconomy has covered the topic extensively, highlighting various allegations of misogyny, sexism, and harassment that occur at startups, as well as folks who are trying to change it for the better. That includes individuals like Robin Hauser Reynolds, who described the work of her documentary, … Continue reading “As White House Hosts Demo Day, Techstars and Others Push Diversity”