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Qualcomm Ventures Gets Exit At BYOD Software Maker Divide

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has scored an exit this morning, at bring-your-own-device (BYOD) software developer Divide. Divide said this morning that it has been acquired by Google, and will go to work on Google''s Android operating system. READ MORE>>.

Software 147
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Emotient Acquired By Apple

socalTECH

San Diego-based Emotient , a developer of facial expression recognition software, has been acquired by Apple , Apple disclosed on Thursday. Financial terms of the acquisition were not disclosed. READ MORE>>.

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SweetLabs Passes 1 Billion App Installs

socalTECH

San Diego-based SweetLabs , the app distribution platform for Windows and Android, led by former DivX founder Darrius Thompson, said Tuesday that it has surpassed 1 billion app installs on its platform. SweetLabs is venture backed by Bessemer Venture Partners, Google Ventures, and Intel Capital. READ MORE>>.

San Diego 100
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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

Confident Technologies / Curtis Staker / San Diego - Staker is the former President of Websense, and has pulled together an experienced team with a depth of experience from the firm. Elbaz sold Applied Semantics to Google in 2003, for pre-IPO stock, reaping first round investors more than a 100x return on their investment.

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Interview with Dmitri Leonov and Constantine Suychmez, Ulevate

socalTECH

Constantine is CEO of Ulevate, and Dmitri is an advisor, and also is known as the co-founder of email management and filtering software developer SaneBox. After talking with Constantine and the team, I was amazed at the market dynamics, and how well we are positioned to capitalize on it. What is Ulevate?

Template 124
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As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady

Xconomy

Founded in 2013 by de Haaff and Chris Waters in the Bay Area, the company announced in July it had surpassed $40 million in annual recurring revenue from the subscribers to its software-as-a-service. Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha.

Sales 100
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DoorDash Valued at $4 billion After Adding $250M in New Funding

Xconomy

DoorDash has upped its valuation to $4 billion with a new $250 million financing round, five months after it raised $535 million to gain its “unicorn” status. The new $250 million funding round was co-led by Coatue Management and DST Global. CEO Tony Xu told Axios’ Dan Primack that the company hadn’t been actively seeking new financing.

Funding 59