San Diego’s First IPO of 2009, New Institute Plans to Transform Healthcare, Making Waves at Water Parks, & More San Diego Biz/Tech News

4/20/09

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they’re trying to keep their payroll costs down, instead of asking DaggerBoard to help find funding, or to help prepare their companies for sale.

—El Cajon, CA-based Pure Bioscience (NASDAQ: PURE) plans to raise as much as $15 million by selling shares of its stock and warrants through a shelf registration. Pure has developed a germ-killing silver-ion compound that can be used in a variety of different products and industries.

— San Diego-based Tapioca Wireless is a small startup that is developing multimedia messaging as a way to transmit video clips to as many different types of mobile phones as possible. Tapioca co-founder and CTO Chas Wurster told me the company hopes to send hundreds of millions of high-quality videos to the masses in a few years.

—San Diego-based Awarepoint helps hospitals pinpoint the exact location of all its medical equipment, by using Zigbee-based technology to create wireless mesh sensor networks throughout a medical center’s many buildings. The company sees a huge business opportunity as a new wave of IT innovations enable healthcare providers to constrain their costs.

—BrightQube CEO Lee Corkran told Bruce the innovation his online stock photo service has delivered is a display that enables users to see thousands of photographs and images on a single browser page. Now BrightQube’s Corkran hopes to raise some venture capital.

—And finally, American Wave Machines of Solana Beach, CA, says it has introduced a new wave-making technology. But the startup faces a patent-infringement lawsuit filed by Wave Loch, a San Diego-based company making waves since 1991. AWM’s Bruce McFarland says their technology is fundamentally different than Wave Loch’s.

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