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San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.

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Colorado’s Webroot Buys CyberFlow Analytics, Expands in San Diego

Xconomy

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on.

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home. We would like to launch an accelerator based here, and bring in additional resources from the Bay Area.”. billion under management.

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Murata Pays $68M for Arctic Sand, to Combine with Peregrine Semi

Xconomy

Japan’s Murata Manufacturing has acquired Arctic Sand Technologies of Burlington, MA, and plans to combine Arctic Sand’s low-power semiconductor technology with its San Diego-based subsidiary, Peregrine Semiconductor. The purchase price was $68 million, according to a Peregrine spokeswoman.

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With $18M, Reflexion Health Expands Physical Therapy Technology

Xconomy

Reflexion Health, a San Diego startup founded in 2012 at the nonprofit West Health Institute, is moving to commercialize Vera, its physical rehabilitation system based on Microsoft Kinect’s motion tracking technology. Some even use telemedicine technology so patients don’t have to drive long distances to rehab centers.

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Aquam Raises $26M to Expand Tech, Services for Aging Infrastructure

Xconomy

Aquam, a San Diego company with technology for cleaning out and re-lining aging utility pipelines, has raised $26 million in a growth capital round led by NewWorld Capital Group , a New York private equity firm that makes investments in sustainable energy and natural-resources related deals.

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Social Fund-raising Website GoFundMe Buys Detroit Rival CrowdRise

Xconomy

Brad Damphousse and Andy Ballester founded GoFundMe in San Diego in 2010. They departed in 2015, after selling a majority stake to an investor group led by Accel and Technology Crossover Ventures that reportedly valued GoFundMe at $600 million. Financial terms were not disclosed in a statement issued Tuesday by GoFundMe.

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