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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Tiled Raises $1.5M, Hires Former Adobe Exec

SOFTWARE: Co.’s Interactive Marketing Gets Some Big AttentionTiled, a Rancho Bernardo startup that helps companies make interactive marketing content, raised $1.5 million in a seed round that closed on May 20.

Airbnb Hosts Earned Over $112M During Summer in San Diego

According to a press release, San Diego County was the second most visited location in California this summer, with Airbnb hosts earning a combined $112 million in supplemental income and welcoming approximately 482,400 guests from Memorial Day weekend through Labor Day.

KAABOO Under New Ownership

According to a press release, Jason Felts, Virgin Fest founder and CEO, has acquired all of the KAABOO festival brand assets through the music festival arm of the Virgin brand.

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Company Opens the Door to Easier Overseas Hiring

WORKFORCE: Laws, Benefits And Payroll Are Taken Care of

Most fast-growing startups will reach a point where they want to expand overseas, whether it’s to open a new sales office or hire a team of developers.

KAABOO Del Mar Festival to Move to Petco Park in 2020

According to a press release, the music, comedy art and culinary festival has reached a multi-year agreement with KAABOO, which will now be known as KAABOO San Diego.

Urban Plates Appoints New CMO

According to a press release, Greer previously worked as head of marketing for Xperience Restaurant Group/Real Mex Restaurants, as well as at Bloomin’ Brands for Outback Steakhouse, Fleming’s Prime Steakhouse & Wine Bar and General Mills.

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SGI-DNA Pulls in $25M Series A Round for DNA Printer

San Diego’s SGI-DNA, a spinout of Synthetic Genomics, has raised a $25 million series A round.

Two Local Cos. Are In Nex3’s La Jolla Accelerator Program

Digital Health Accelerator Drew 600 Applicants; Program Is Semi-Remote

Nex3 named its second cohort of digital health startups August 28. Seven companies were selected from a pool of more than 600 applicants, narrowed down to 100 semifinalists.

New Tealium Executive To Lead Software Company’s Go-to-Market Strategy

Startup Grows Team After Raising $55 Million

San Diego-based software company Tealium added a new member to its executive team.

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Kearny Mesa Attracts LPC West For a 2nd Time

After Buying Cubic Land, Partnership Acquires A Distribution Center

Kearny Mesa is attracting increased attention from a Dallas-based investment firm.

Fintech Software Is Helping Hand for Companies’ Finances

Following the Money and Financial Forecasting Are Trovata’s Strong Suits

After raising $5.5 million in seed funding, San Diego fintech company Trovata is building out its team.

Female Founders Will Get to Pitch at Upcoming Venture Summit

Female Founders Will Get to Pitch at Upcoming Venture Summit

Two female founders were selected as winners of the Women’s Fast Pitch event on August 28.

Turning Point Therapeutics Raises $202.5M in Follow-On Offering

The cancer drug developer on Sept. 10 raised $202.5 million in a follow-on offering. Turning Point sold 4.5 million shares of common stock at a price of $45 a share.

TaylorMade Golf’s Ashworth Brand Acquired

According to a press release, the terms of the deal were undisclosed.

Samsung SDS to Close 27-Person Office in Sorrento Valley

The office is expected to close in January of 2020.

Dip in House Prices, May Draw More Buyers

July Single Family Home Sales Up 9.4% Locally From June

People who are in the business of selling and buying new homes and condominiums can take heart from a key index which reported that home prices in San Diego County dropped slightly.

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