Innovation in Tijuana: Eager for the Future, Hampered by the Past

[Corrected 6/3/14, 10:05 am. See below.] One day last year, Oscar Franco, a Tijuana tech engineer, was taking a break from work and noticed an upcoming soccer match between Los Xolos, Tijuana’s team, and Monarcas, the team from the city of Morelia, Michoacan. With many friends in Morelia, Franco wondered how he might use an … Continue reading “Innovation in Tijuana: Eager for the Future, Hampered by the Past”

BlueCava Receives $772,926 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4a37181-9467-4c29-9d92-8e95ab345efe Date 6/3/2014 Company Name BlueCava Mailing Address 131 Innovation Drive Irvine, CA 92617 USA Company Description The company has created the BlueCava Device Identification Platform that helps identify any device that is connected to the Internet. Website http://www.bluecava.com Transaction Type Venture Equity Transaction Amount $772,926 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “BlueCava Receives $772,926 New Round”

goDog Fetch Obtains Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1ee94b7-840a-47ca-ab7a-ae8bc996e065 Date 6/3/2014 Company Name goDog Fetch Mailing Address 5580 La Jolla Blvd. La Jolla, CA 92037 USA Company Description goDog Fetch lets you use your voice to find local restaurants, coffee shops, gas stations, local coupons, driving directions, place phone calls, and more. goDog learns what you want and is powered … Continue reading “goDog Fetch Obtains Seed Financing Round”

Sente Receives $5,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a3a2b76-8227-4eb0-9a7c-de2474e4c6fc Date 6/3/2014 Company Name Sente Mailing Address 162 S Rancho Santa Fe Rd Encinitas, CA 92024 USA Company Description The company is a recognized leader in the development of innovative and targeted medical skincare products based on glycoproteins. Website http://www.sentelabs.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series C … Continue reading “Sente Receives $5,000,000 Series C Financing”

KKR Acquires Internet Brands for $640,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30364845-4bb4-47e6-881f-c7ee0e920aa4 Date 6/3/2014 Company Name Internet Brands Mailing Address 909 North Sepulveda Blvd. 11th Floor El Segundo, CA 90245 USA Company Description Internet Brands is a leading operator of media and e-commerce sites for large ticket consumer purchases. Website http://www.internetbrands.com Transaction Type M&A Transaction Amount $640,000,000 Transaction Round Proceeds Purposes M&A Terms … Continue reading “KKR Acquires Internet Brands for $640,000,000”

Genomic Technologies & Biomaterials for Understanding Disease

The past decade has seen tremendous progress in the use of genome technologies for the detection and interpretation of complex biological processes and for understanding the molecular basis of disease. These developments are enabling new approaches to the diagnosis and treatment of a wide array of pathologic conditions. This mini-conference is co-located with the 2014 … Continue reading “Genomic Technologies & Biomaterials for Understanding Disease”

Achates Power, Regulations, & Opportunities in China

Join San Diego’s MIT Enterprise Forum to learn about cleantech startup Achates Power, and the disruptive potential of their innovative engine technology for the transportation industry. Achates has developed a clean, significantly more fuel-efficient and lower-cost internal combustion engine. The opposed-piston, two-stroke engine provides an economically and environmentally sustainable transportation solution for passenger cars, commercial … Continue reading “Achates Power, Regulations, & Opportunities in China”

An Opera Festival Holds the Seeds for a Tech Revolution in Tijuana

On the first weekend in July, Tijuana holds its annual Opera Street Festival in the Colonia Libertad neighborhood just east of the San Ysidro border crossing near San Diego. Seven thousand people converge on the rough-hewn Mexican neighborhood, founded by migrants, smugglers, and plaster statue makers. A hundred yards from the wall that separates the … Continue reading “An Opera Festival Holds the Seeds for a Tech Revolution in Tijuana”

What Price Technology? At NYT Health Confab, It’s a Loaded Question

The role of data and technological innovation in health care was front and center at a conference of top health experts from academia, industry and government, convened by the New York Times at the University of California, San Francisco yesterday. Voices of both optimism and caution were plentiful, but the discussion of technology was consistently … Continue reading “What Price Technology? At NYT Health Confab, It’s a Loaded Question”

Startups and “The Future of Informing”: Q&A with Matter’s Corey Ford

Don’t let it be said that the media industry is anti-innovation. Journalism schools sponsor hard-hitting studies saying news organizations must reinvent themselves to survive. A leaked innovation report from the New York Times shows that the venerable paper is serious about doing exactly that, even if it’s still struggling to figure out how. And KQED, … Continue reading “Startups and “The Future of Informing”: Q&A with Matter’s Corey Ford”

West Coast Biotech Roundup: Volcano, Twist, Calibr, ARMO, and More

For scheduling purposes, we’re moving the West Coast biotech roundup to Thursday. That move, plus the long Memorial Day weekend, means a short week and a fairly short roundup. It’s like hanging six or seven instead of the full ten. Next week’s roundup will catch a full wave of activity, we promise. —San Diego medical … Continue reading “West Coast Biotech Roundup: Volcano, Twist, Calibr, ARMO, and More”

Ecwid Lands $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a37e3269-c5f2-4344-a135-2ba1d8b49ea9 Date 5/29/2014 Company Name Ecwid Mailing Address 144 West D Street Encinitas, CA 92024 USA Company Description The core of Ecwid team was involved in production of X-Cart, bringing 12 years of experience from world’s first PHP shopping cart to development of Ecwid the next generation of e-commerce software. Website http://www.ecwid.com … Continue reading “Ecwid Lands $5,000,000 Series B Funding”

Volcano Diversifies its Product Line with $115M Buyout of AtheroMed

San Diego-based Volcano (NASDAQ: [[ticker:VOLC]]), a medical device maker focused mostly on diagnosing and treating coronary and peripheral vascular disease, is acquiring privately held AtheroMed of Menlo Park, CA, for at least $115 million. AtheroMed received FDA clearance five months ago for its Phoenix atherectomy system, which treats peripheral artery disease by opening up narrowed … Continue reading “Volcano Diversifies its Product Line with $115M Buyout of AtheroMed”

Prostate Cancer Screening: Seduction Of The Innocent

Many rare book collectors keep an eye out for an original copy of Seduction of the Innocent, a cause célèbre when it was published back in the 1950s by psychiatrist Fredric Wertham. The tome purported to show that the root cause of juvenile delinquency in the U.S. was comic books! Sensationalistic congressional hearings followed in … Continue reading “Prostate Cancer Screening: Seduction Of The Innocent”

Viking Therapeutics Receives $2,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35b55952-d96e-444a-9fe0-8c1e0723f81f Date 5/28/2014 Company Name Viking Therapeutics Mailing Address 11119 North Torrey Pines Road La Jolla, CA 92037 USA Company Description Viking Therapeutics is focused on the development of novel therapeutics for patients suffering from metabolic and endocrine disorders. Website http://www.vikingtherapeutics.com Transaction Type Debt Transaction Amount $2,500,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Viking Therapeutics Receives $2,500,000 New Funding”

Apple Acquires Beats Electronics for $3,000,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=efadcdcc-e1f4-49af-aa7a-ce32143b5be7 Date 5/28/2014 Company Name Beats Electronics Mailing Address 1601 Cloverfield Blvd Santa Monica, CA 90404 USA Company Description Established in 2006 as the brainchild of legendary artist and producer Dr. Dre and Chairman of Interscope Geffen A&M Records Jimmy Iovine, Beats Electronics provides a premium sound experience at every touch point … Continue reading “Apple Acquires Beats Electronics for $3,000,000,000”

Navigating JOBS, Wrangling Investors: A Biotech CFO Roundtable

In biotech, the visionary scientists and serial entrepreneurs often—arguably too often—get described as “rock stars.” The financial guys… well, not so much. But in a business where cash is constantly burned at the altar of R&D, and financial engineering can be as prized a skill as drug hunting, the CFOs perhaps deserve more time in … Continue reading “Navigating JOBS, Wrangling Investors: A Biotech CFO Roundtable”

XCOR Aerospace Lands $14,200,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b82f12f3-b25c-49e5-80df-3ae8ecd6ffa4 Date 5/27/2014 Company Name XCOR Aerospace Mailing Address PO Box 1163 Mojave, CA 93502 USA Company Description Founded in 1999, XCOR Aerospace is a small, privately-held California C-Corporation. Our headquarters and development facilities are located at the Mojave Spaceport and Civilian Aerospace Test Center in Mojave, California. XCOR engages in research, … Continue reading “XCOR Aerospace Lands $14,200,000 Series B Funding Round”

‘Personal Gold’ at UC San Diego: CalIT2 Private Screening Event

The California Institute of Telecommunications and Information Technology is hosting a  screening of the film Personal Gold: The Underdog Story of London 2012. The documentary recounts the true story of four women who changed the face of American cycling. Following the show, a special live Q&A will include the U.S. Olympic medalists, filmmakers (UCSD alumni), … Continue reading “‘Personal Gold’ at UC San Diego: CalIT2 Private Screening Event”

West Coast Biotech Roundup: Ligand, Ardelyx, Mango Health, and More

In the aftermath of nervewracking fires, it was a fairly quiet week for life sciences news in San Diego. In the Bay Area, venture dollars flowed and a public-market hopeful emerged as the IPO machine creaked back to life. Here’s our weekly roundup. —Nurix of San Francisco unveiled Thursday a $25 million Series B round … Continue reading “West Coast Biotech Roundup: Ligand, Ardelyx, Mango Health, and More”

Cord Cutting: How to Get High-Speed Internet Service Without Cable

[Updated article for 2017 is here, 10/25/17.] Last fall I wrote a column called Please, Keep Paying $80 a Month for Cable So I Can Enjoy Cheap TV. The article was addressed to folks who complain about the exorbitant fees they’re paying to Comcast or AT&T for premium cable bundles. Adopting a cheeky, sarcastic tone—which … Continue reading “Cord Cutting: How to Get High-Speed Internet Service Without Cable”

Cianna Medical Obtains $10,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7b1b08c-9df9-4692-b3fb-4c326eb41716 Date 5/23/2014 Company Name Cianna Medical Mailing Address 6 Journey Aliso Viejo, CA 92656 USA Company Description Cianna Medical, Inc. is a women’s health company dedicated to the innovative treatment of early-stage breast cancer. When diagnosed early, most women have the option to save their breast by choosing breast conserving therapy … Continue reading “Cianna Medical Obtains $10,000,000 New Funding Round”

Startup Introduces Qubit-Generating Device for Quantum Computing

A San Diego startup says it has developed a laser-based device for generating qubits, the basic unit of information needed to carry out complex calculations in quantum computers. The startup, founded in 2012 as GridCOM Technologies, was initially focused on developing quantum encryption systems to provide cybersecurity in the IT systems that electric utilities use … Continue reading “Startup Introduces Qubit-Generating Device for Quantum Computing”

SoftTech’s Hudson Talks Strategy, Key Factors in Out-of-Town Deals

When SoftTech VC partner Charles Hudson came through San Diego last month, he explained why his firm is increasingly taking bigger stakes—and bigger risks—in funding early stage tech companies. He also explained what SoftTech is looking for when it invests in startups outside Silicon Valley. As one of the first “micro VCs” in the Bay … Continue reading “SoftTech’s Hudson Talks Strategy, Key Factors in Out-of-Town Deals”

Frontiers in Science: How Topera Maps Abnormal Currents of the Heart

Dr. Sanjiv Narayan, UC San Diego professor of medicine and a specialist in electrophysiology, teamed with medical device entrepreneur Ruchir Sehra to found San Diego-based Topera. The startup has created a 3D heart-mapping and analysis workstation is used to more precisely pinpoint the origin of electrical impulses causing heart arrhythmias. Topera has received FDA clearance … Continue reading “Frontiers in Science: How Topera Maps Abnormal Currents of the Heart”

1Q VC Data: What Just Happened?

The National Venture Capital Association recently released data on first-quarter investment activity, which always makes for an interesting read, at least on long plane rides. Point of fact, this past quarter was exceptional in many ways—and arguably somewhat unexpected. The headlines read that $9.5 billion was invested in 951 companies, an amount we have not … Continue reading “1Q VC Data: What Just Happened?”

Just a Few Slots Left for Napa Summit June 3—Request An Invite

We are just under two weeks away from the Napa Summit 2014: The Xconomy Retreat on the Economy, Jobs, and Growth. It is one of our most special events of the year. Not only does it have an incredible speaker lineup, it is multidisciplinary, offering a rare chance to step out of your zone of … Continue reading “Just a Few Slots Left for Napa Summit June 3—Request An Invite”

The Mobile Majority Obtains $600,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae7859ba-0857-49bd-a04c-5bc1125b925b Date 5/21/2014 Company Name The Mobile Majority Mailing Address 1639 11th St. Santa Monica, CA 90404 USA Company Description The company provides five distinct video products to provide your ideal audience with memorable brand interactions. Website http://www.majority.co Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “The Mobile Majority Obtains $600,000 New Funding”

Signal Sciences Secures $2,000,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9e9059b-1453-496e-999f-6047775e5894 Date 5/21/2014 Company Name Signal Sciences Mailing Address Undisclosed Los Angeles, CA 90049 USA Company Description The Signal Sciences team is busy building a software as a service platform to provide practical, proven defenses for your organization. Website http://www.signalsciences.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Seed Proceeds Purposes … Continue reading “Signal Sciences Secures $2,000,000 Seed Financing Round”

Connect with Connect Annual Networking Event

San Diego’s top incubators, accelerators, and startups gather in the courtyard of the Mintz Levin law firm’s San Diego office for Connect’s annual networking event. Each space in the innovation zone will feature incubators, accelerators, and startups. San Diego craft breweries will be serving local craft beers that represent one of San Diego’s fastest-growing innovation … Continue reading “Connect with Connect Annual Networking Event”

Connect Design & Innovation Showcase

As a prelude to its annual Connect with Connect networking event, the San Diego nonprofit group supporting technology innovation and entrepreneurship is hosting a Design & Innovation Showcase with presentations by executives from Qualcomm Technologies and MindFlow Design. More information and online registration is here.  

Incentive Secures $2,800,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9614a81-3a3c-410f-beae-8f35910b51fd Date 5/20/2014 Company Name Incentive Mailing Address 1600 Main Street Venice, CA 90291 USA Company Description Incentive is a social intranet for all formal and informal knowledge in an organization. All you know in one place. We help 1000’s of companies in 100’s of countries waste less time and work smarter. … Continue reading “Incentive Secures $2,800,000 New Funding Round”

Survios Obtains $4,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=86c24107-eb2b-4278-ad0d-dc97b00f55dc Date 5/20/2014 Company Name Survios Mailing Address 2020 S Robertson Blvd. Los Angeles, CA 90034 USA Company Description It all began with Project Holodeck, which was started back in March 2012 at a virtual reality conference in Orange County, CA, with Nathan Burba, James Iliff, and Palmer Luckey. Website http://www.survios.com Transaction … Continue reading “Survios Obtains $4,000,000 New Funding”

HouseCall Lands $1,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b693af5-d3c1-4ced-9752-019e36a7ef0a Date 5/20/2014 Company Name HouseCall Mailing Address 11772 Sorrento Valley Rd. San Diego, CA 92121 USA Company Description The HouseCall team came together after working for many years on contextual software for smartphones at world-leading wireless company Qualcomm. Website http://www.tryhousecall.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds … Continue reading “HouseCall Lands $1,500,000 New Funding Round”

Tradesy Obtains $13,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11640015-b762-4686-9677-08d895f58ba9 Date 5/20/2014 Company Name Tradesy Mailing Address 1420 2nd Street Santa Monica, CA 90401 USA Company Description Tradesy, a new fashion recommerce site from the creator of the highly popular site, Recycled Bride. Website http://www.tradesy.com Transaction Type Venture Equity Transaction Amount $13,000,000 Transaction Round Series B Proceeds Purposes With the new … Continue reading “Tradesy Obtains $13,000,000 Series B Funding”

Independa Garners $2,849,999 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bcde82fd-3eee-4873-b5ff-4d9434d14a0c Date 5/20/2014 Company Name Independa Mailing Address 3525 Del Mar Heights Road San Diego, CA 92130 USA Company Description At Independa, Inc., our vision and passion is to usher in a world where integrated technologies vastly enrich the lives of family caregivers and their elderly loved ones. When caregivers consider where … Continue reading “Independa Garners $2,849,999 New Funding”

Scouting the Next Big Wave in UCSD Life Sciences Innovation

In advance of the BIO International Conference, the UC San Diego Technology Transfer Office has arranged an afternoon symposium to provide insights into the future of biomedical research with leading scientists from UC San Diego. Larry Goldstein will discuss “Translating Stem Cells into Therapies;” Nicholas Spitzer will talk about “The Future of Neuroscience and What … Continue reading “Scouting the Next Big Wave in UCSD Life Sciences Innovation”

Check Out Our Napa Summit Agenda—Get Your Invite for June 2-3 Event

It’s one of the most special events Xconomy holds—an invitation-only confab in the Napa Valley for roughly 80-90 special guests and speakers. And the Napa Summit 2014, set for June 2-3, is shaping up to be our best ever. We have a power-packed array of speakers, from pioneers in their fields to some of the … Continue reading “Check Out Our Napa Summit Agenda—Get Your Invite for June 2-3 Event”

Welcome to the Seven-Year Technology Pause

What’s even harder to endure than the collapse of an economic or technology bubble? The long lull that follows. The current bubble hasn’t popped quite yet—and it might not, at least not in the sudden and messy way that the dot-com bubble did, in March 2000. What’s just as possible is that that we’ll see … Continue reading “Welcome to the Seven-Year Technology Pause”

Innovation Hub: David Pogue Does Some Trendspotting

David Pogue is a tastemaker. His reviews in The New York Times—and now on Yahoo—are widely followed. He has 1.5 million Twitter followers. And he’s always on the lookout for new trends. So, what is he intrigued by right now? And what does he think is overhyped? I put it to Pogue. [The following interview … Continue reading “Innovation Hub: David Pogue Does Some Trendspotting”

West Coast Biotech Roundup: Lumena/Shire, Isis, Janssen Labs & More

A new wave of buyout fervor included the acquisition of San Diego’s Lumena Pharmaceuticals, Janssen Labs unveiled plans for a new incubator in South San Francisco, and Statos Genomics raised capital in Seattle. Here is the past week’s roundup of news up and down the left coast. —San Diego’s Lumena Pharmaceuticals, founded in 2011 to … Continue reading “West Coast Biotech Roundup: Lumena/Shire, Isis, Janssen Labs & More”

TrueCar Lands $70,200,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8f1cd3c-0f96-4bd3-83c6-156b3b587673 Date 5/16/2014 Company Name TrueCar Mailing Address 120 Broadway Santa Monica, CA 90401 USA Company Description TrueCar (NASDAQ: TRUE) is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. Website http://www.truecar.com … Continue reading “TrueCar Lands $70,200,000 New Financing Round”

At the Threshold of a New Digital Health Landscape

After decades of development, digital health has arrived at a gateway that is reminiscent of the days when the brick-sized cell phone was ready to advance to the first flip phone, with a world of innovation beyond. Industry leaders will be offering their thoughts on what that world could look like in presentations today and … Continue reading “At the Threshold of a New Digital Health Landscape”

The Davis Dilemma: New Energy for Innovation, But Where to Grow?

Every economic development official in the country knows the story. In 1951, Frederick Terman, then the dean of engineering at Stanford University, decided to set aside 200 acres of Stanford-owned fruit orchards in Palo Alto for the new Stanford Industrial Park. The park was soon home to Varian Associates, Shockley Transistor, and Hewlett-Packard, as well … Continue reading “The Davis Dilemma: New Energy for Innovation, But Where to Grow?”

DealerSocket Receives New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a18b963a-255f-4d8d-be10-6edbb6899115 Date 5/15/2014 Company Name DealerSocket Mailing Address 100 Avenida La Pata San Clemente, CA 92673 USA Company Description The company provides software solutions for the automotive industry. Website http://www.dealersocket.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor

Polis: Startups Can’t Ignore Politics, Must Make Voices Heard

Entrepreneur-turned-Congressman Jared Polis has a brutal truth for entrepreneurs who don’t pay attention to politics. “Wouldn’t it be nice if you could safely ignore politics?” asked Polis, the Democrat who represents Boulder, CO, in the U.S. House of Representatives. “But that’s not the case. The biggest principle to remember is if you’re not at the … Continue reading “Polis: Startups Can’t Ignore Politics, Must Make Voices Heard”

New Janssen Labs Incubator Could Bring Up to 50 Companies to South SF

Tiny biotech startups will have a new place to germinate in the San Francisco Bay Area. Healthcare giant Johnson & Johnson’s Janssen Labs division is opening a new 30,000 square foot incubator in the biotech-rich suburb of South San Francisco. The flexible space, complete with common rooms, wet labs, and offices, could hold as many … Continue reading “New Janssen Labs Incubator Could Bring Up to 50 Companies to South SF”

Xconomy Surveys Innovation in the Sacramento-Davis Corridor

As Xconomist Bob Metcalfe has said, “Invention is a flower. Innovation is a weed.” What better place for the weed of innovation to grow than in the fertile region around the California capital of Sacramento, and, especially, nearby University of California at Davis, one of the premier agricultural research institutions in the world? In fact, … Continue reading “Xconomy Surveys Innovation in the Sacramento-Davis Corridor”

Can Sacramento End Its Innovation Drought?

It’s raining, at last, in the Sacramento region. It’s just past noon on the last day of March. As I’d glided east on Interstate 80 that morning, the sky had been darkly pregnant, a wash of Payne’s Gray. Yet not a drop of rain had streaked my windshield. Now, as I’m leaving City Hall in … Continue reading “Can Sacramento End Its Innovation Drought?”