THE LOCAL BUZZ
Fueled by:
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The acquisition - let’s begin, the acquisition - look out sin
But in all seriousness, it’s incredible how San Diego tech companies continue to attract suitors across the country. Within the last month, we have had several acquisitions, including GreatCall,
acquired
for $800 million by Best Buy; LeaseLabs,
acquired
by RealPage, Inc. for $103 million (plus an additional $13 million earnout); and Approved,
acquired
by Credit Karma (details were not disclosed). GreatCall will keep its Del Mar and Carlsbad presence.
When building great startups, there’s always an exit plan, and this is part of the ecosystem flywheel by creating more jobs and more local investable capital. In fact, our local ecosystem has been built, in large part, by serial entrepreneurs who sell their companies and then continue to start others. A great example of that is our series on
MP3.com
. I am excited to see more San Diego startups form and get acquired in the near future.
Check out
this video
by our friends at the San Diego Venture Group on how our thriving tech economy is moving full steam ahead!
Cheers!
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INSIDE SCOOP
A fresh look inside the San Diego tech ecosystem past and present
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MP3.com Mafia Part 4
: MP3.com developed a crop of future outside-the-box entrepreneurs who would continue to build a strong tech ecosystem. That MP3.com family tree continues to expand today in San Diego and beyond.
Read more here
.
Tech Satellite Offices in San Diego
: Over the last couple of years, we have seen a growth of tech companies opening satellite offices in San Diego, including Amazon and Walmart Labs.
Read more here
.
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Harbor Drive Suspension Bridge by Frank McKenna
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SAN DIEGO TECH ECOSYSTEM NEWS
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Startup San Diego hires its first full-time
Executive Director
to propel the non-profit to new heights
La Jolla-based software company
MadCap
expands to Austin, TX to better support the 18,000+ companies using its products
The rising popularity of
electric scooters
may cause dockless bikes to be a thing of the past
San Diego-based
Zipdev
is a fast-growing player in the market of software design and app development
Tech companies are
taking over
SD’s UTC, turning it into a technology hub
Brett Crosby (from Urchin/Google Analytics fame), COO and Co-Founder of PeerStreet, wrote this insightful
Forbes article
on company culture
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JLL’s Market Outlook ranks
San Diego
third in life science markets
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AttackIQ
- $5.5M with Salesforce Ventures, Qualcomm Ventures, Index Ventures, Telstra
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Join Neal Bloom as he chats with San Diego’s top tech company and ecosystem builders with a flair for our local lifestyle too.
April Wensel, Founder of Compassionate Coding
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Denso Job Fair
, Vista, 1 p.m. to 4 p.m., September 14 (SD-based Denso is closing up shop and holding a career fair to mitigate the transition for its employees. Those interested can contact HR at
760-734-4681
or
760-734-4620
.
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