San Diego Tech Roundup: Givit, ID Analytics, and Rain on the Parade
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venture investors in San Francisco this week. Connect organized what it calls “The Connect Venture Roundtable Roadshow” as part of a broader series of initiatives intended to improve the venture funding prospects for startups in San Diego.
—The San Diego Festival of Science and Engineering got off to a soggy start Saturday. The “DNA Dragon Parade” through Balboa Park was postponed due to inclement weather. Not to worry, though. More than 500 events are planned in the week-long celebration of a four-letter word—STEM (Science Technology Engineering and Math)—culminating in an Expo Day at Petco Park in downtown San Diego.
—A private equity firm, Vista Equity Partners, has acquired Essential Learning, a San Diego provider of interactive e-learning solutions for behavioral and community health, substance abuse, corrections, developmental disability and child welfare organizations. Financial terms were not disclosed, according to a statement. Essential Learning co-founder and president Lorraine Watson also will be retiring.
—San Diego-based Skinit, which sells customized covers for laptops, smartphones, and other electronic devices, has raised almost $8.1 million toward a nearly $12 million round from investors, according to a regulatory filing. The company increased the size of a debt, rights and securities offering to $3 million earlier this month. Skinit raised $60 million in a 2010 round led by ABS Capital Partners, with participation from Norwest Equity Partners, according to VentureWire.