Top News

  • Wednesday, July 30, 2014

    Beyond Meat Gets Series D

    El Segundo-based Beyond Meat, a developer of plant-based, meat alternatives that look like chicken, beef strips, and ground beef, has raised a Series D funding round, according to the company....Continue →

     
  • Wednesday, July 30, 2014

    AmazonFresh Expands To San Diego

    AmazonFresh, the online grocery and product delivery service run by e-commerce giant Amazon.com, expanded into San Diego yesterday, as the company starts to expand operations nationwide. The service--whic has been available in Los Angeles since last year, and also operates in Seattle and San Francisco--offers up same day deliveries of everything from grocery products to consumer electronics and books.Continue →

     
  • Wednesday, July 30, 2014

    XIFIN Acquired By GTCR

    San Diego-based XIFIN, a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. Financial terms of the buy were not disclosed. GTCR said that founder and CEO Lale White will continue to lead the company. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets. GTCR said the investment came from its $3....Continue →

     
  • Wednesday, July 30, 2014

    Qualcomm Buys EmpoweredU For Mobile Learning Technology

    San Diego-based Qualcomm is expanding its efforts in the education sector today, saying that it has acquired EmpoweredU, a developer of mobile learning technology for the K-20 market. Financial terms of the buy were not disclosed. EmpoweredU was headed by Steve Poizner, who has been very active in California's Charter School movement. Qualcomm said the move would help it accelerate mobile innovation and help provide 24/7 access in education with its mobile tools....Continue →

     
  • Wednesday, July 30, 2014

    O Labs Launched To Incubate, Accelerate Enterprise Software In LA

    O-Labs, new Los Angeles-based accelerator/incuabtor has launched today, create as joint venture of Originate, Manatt, Phelps & Phillips, LLP and ICM Partners. According to the three, they have created O Labs as an independent company specifically to create, grow, and operate portfolio companies focused on helping large and growing enterprises....Continue →

     
  • Wednesday, July 30, 2014

    Epic Sciences Raises $30M For Cancer Diagnostics

    San Diego-based Epic Sciences, a biotech startup focusing on diagnostics for treatment and management of cancer, has raised $30M in a Series C funding. The funding came from RusnanoMedInvest (RMI) and Arcus Ventures, plus Domain Associates, Roche Venture Fund, and Pfizer Venture Investments, as well as angels. According to the company, the financing will go towards commercialization efforts....Continue →

     
  • Wednesday, July 30, 2014

    j2 Global Buys Contactology

    Los Angeles-based j2 Global said this morning that it has acquired Contactology, a provider of email marketing services. Financial terms of the buy were not disclosed. j2 Global said the move would help expand its business cloud services division. Contactology was based in Durham, North Carolina. j2 Global said the financial impact is not expected to be material to the company....Continue →

     
  • Wednesday, July 30, 2014

    Pfenex Closes IPO

    San Diego-based biotechnology company Pfenex said Tuesday that it has closed its initial public offering, where the company sold 8,333,333 shares of its stock at $6.00 per share. The company is now trading on the NYSE as PFNX. Pfenex closed down at $5.62 on Tuesday. The IPO was run by William Blair & Company, L.L.C. and JMP Securities LLC, along with Mizuho Securities USA Inc....Continue →

     
  • Wednesday, July 30, 2014

    ViaSat Buys Gray Labs

    Carlsbad-based satellite and wireless networking developer ViaSat said earlier this week that it has acquired the assets of Gray Labs, a developer of high rate modem products and custom spacecraft technologies for earth observation. Financial terms of the deal were not disclosed. Gray Labs was based in Duluth Georgia. According to ViaSat, it will continue to support Gray Labs products and customers from Georgia....Continue →

     
  • Wednesday, July 30, 2014

    McKean Defense In San Diego Expansion

    McKean Defense Group, a Philadelphia-based provider of services to the Navy, said it is expanding its facilities in San Diego. According to McKean, it is expanding its San Diego operations and relocating to a larger facility in the city. Number of new job positions at the location were not announced. The company said the new facility is colocated with Cabrillo Technologies, which is a McKean subsidiary.Continue →

     
  • Tuesday, July 29, 2014

    Amgen To Cut Nearly 3,000

    Thousand Oaks-based biotechnology giant Amgen said Tuesday that it plans to cut 2,400 to 2,900 staff, including at its headquarters location, and will also close facilities in both Washington and Colorado. According to Amgen, the move is part of a restructuring plan to improve its cost structure. As part of the move, Amgen said it will also consolidate staff into less buildings in the Thousand Oaks area....Continue →

     
  • Tuesday, July 29, 2014

    Fisker Automotive Bankruptcy Plan Okayed

    The Costa Mesa-based company once known as Fisker Automotive--now known as FA Liquidating Corp. and FAH Liquidating Corp.--has received court approval of its Chapter 11 plan. According to the companies, the company received approval from the United States Bankruptcy Court for the District of Delaware on Monday to sell itself to Chinese company Wanxiang Group Corp., for $149.2M. Fisker had filed for bankruptcy protection back in November of 2013. Fisker had raised more than $1....Continue →

     
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