Qualcomm Ventures led an $18 million round in CyberX, one of many recent investments the San Diego company has made in industrial IoT companies.
SECURITY: Multiple Patents Are Part of Security Solution
Maintaining network security is hard to do when you face a barrage of unnecessary alerts. That’s what MixMode CEO John Keister found out when he began asking prospective clients about their biggest pain points in security.
Outside Investors Are Discovering the Early-Stage Opportunities in Local Startups
After several back-and-forth flights to San Francisco, Seismic CEO Doug Winter finally landed his company’s first investment. The San Diego software startup raised $4.5 million from early-stage venture capital firm Jackson Square Ventures.
San Diego-based Beta Wealth Group launched Beta Asset Management on Friday.
BIOTECH: Local Co. Gains Global Reach In Sales, Marketing
CureMatch, a San Diego-based software startup that helps oncologists identify treatment options for patients, recently landed a big corporate partner.
ScaleMatrix, a San Diego-based company that offers high-density data centers, acquired Arizona-based Instant Data Centers on March 19. Instant Data Centers builds micro data centers for edge computing, which involves processing data as close as possible to the end user. The companies did not disclose the terms of the deal.
INVESTMENT: Seismic Did Its Homework and Obtained Introductions
Raising a funding round for a startup isn’t easy. Doug Winter should know. He’s raised four since he founded Seismic in 2011.
BANKING: The Cryptocurrency Policy Is Drawing Customers
San Diego-based Silvergate Bank brought on new customers at the end of 2018, but saw its digital deposits decrease quarter-over-quarter. The crypto-friendly bank filed for an IPO last November, with a price target of $50 million.
TECH: Rising Tech Scene and Lower Cost of Living Draws Co.
Comma.ai, a startup developing driver assistance systems for everyday vehicles, has moved its headquarters from San Francisco to San Diego.
Former NuVasive CEO Gregory Lucier, GreatCall CFO Brian Berning and Chicago private equity firm GTCR are teaming up to start a new life sciences company in San Diego.