Monday, June 26, 2017
RentTrack Gets Series A Funding
Santa Barbara-based RentTrack, a startup developing online rent payment and reporting software, said on Monday that it has raised a Series A funding round. Size of the funding was not disclosed. RentTrack said the funding was led by Yabeo. The company said the funding will go towards growth in Canada and the UK. RentTrack is led by founder and CEO Matt Briggs.

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NGEN Partners Gets Exit At Choose Energy
Santa Barbara- and New York-based clean technology investor NGEN Partners has scored an exit at Choose Energy, a startup which lets consumers comparison shop for and select electric energy providers, according to a report. The report, from Fortune, said the deal was worth less than $100M. Choose Energy had also raised funding from Kleiner Perkins Caufield & Byers, BlueScape Resources, and angels, and was based in Texas. Grubstein was on the board of Choose Energy. NGEN is a vertical investor in (More info...)

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SpaceX Launches 10 Iridium Satellites Into Space From Vandenberg
Los Angeles-based space rocket developer SpaceX completed its launch on Sunday, putting ten Iridium satellites into orbit from Vandenberg Air Force Base, just north of Santa Barbara. The launch, and landing, of a SpaceX Falcon 9 rocket followed an earlier, successful launch and landing in Florida on Friday of another rocket for SpaceX--an unprecedented back-to-back launch that demonstrates the progress SpaceX has made in terms of making delivering payloads to space an everyday occurance. SpaceX (More info...)

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PetDesk Gets $2.1M For Pet Health Reminders
San Diego-based PetDesk, the developer of software that helps veterinary hospitals send out health reminders to pet owners, and also help pet owners better manage their pet's health, has raised $2.1M in a Series A funding. The funding came from Canal Partners. As part of the funding, Todd Belfer of Canal Partners joins the company's board, with David Paul joining as observer. PetDesk says it has now raised a total of $3.4M in funding. Taylor Cavanah is founder and CEO of PetDesk.

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ViaSat Gets $88.3M In Military Contracts
Carlsbad-based ViaSat said this morning that it has won $88.3M in contracts from the U.S. Navy Space and Naval Warfare Systems Command (SPAWAR), to provide tactical radio terminals for the U.S. Navy and Air Force. According to ViaSat, it is tripling production of its Joint Tactical Radio System (JTRS) terminals specifically for those contracts. Those software defined radio (SDR) terminals are used in battlefield communications, providing voice, video and data communications with a line-of-sight, (More info...)

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Illumina Gets Win In UK
San Diego-based life sciences equipment maker Illumina announced a win in the United Kingdom today, saying that Genomics England has been selected as the primary variant interpretation and reporting software vendor for tumor and matched normal samples characterized as part of the 100,000 Genomes Project. Financial impact of the selection was not announced. Illumina is a developer of DNA sequencing and related technology.

posted on Monday, June 26, 2017(Full story)


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