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Qualcomm Sells Medical Device Connectivity Business to PE Firm

Xconomy

Francisco Partners, a San Francisco-based private equity firm, said Monday it has acquired Qualcomm Life, a subsidiary of the San Diego chipmaker that focuses on connecting medical devices to software applications installed at hospitals and other healthcare organizations. Capsule’s products are.

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Proper Media Acquires Spoutable, Last Piece of Venture Studio

Xconomy

As Belmonte explained in 2015, “In a venture studio, you’re building your own companies. You have 100 percent equity ownership, you’re in control, Read more » Reprints | Share: UNDERWRITERS AND PARTNERS. million on a “venture studio” model that allows experienced entrepreneurs to run with their own ideas.

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Approved Opens for Business with $1M and Digital Mortgage Platform

Xconomy

Following a six-month trial of its digital mortgage platform, San Diego-based Approved has officially launched its Web-based software for home loan applications. Sadhal and Taylor (pictured above) founded Approved in August 2015, and moved into the San Diego tech incubator.

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Latest Data Show Venture Capital Industry on Pins and Needles

Xconomy

billion, 2,034 deals) and the third quarter of 2015 ($21.1 billion, 2,559 deals), signaling perhaps a period of digestion given how much had been invested during the 2014-2015 window. As a percentage of overall activity, seed investing dropped from 55 percent in the third quarter of 2015 to 50 percent in this year’s third quarter.

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California Accelerators Enroll Startups Targeting Cannabis Industry

Xconomy

We like what Eric calls the boring back-end software,” said co-founder and managing director Jack Scatizzi, referring to a company’s internal, business-related software and the operating system that controls how a consumer-facing website operates. billion in 2015—a number estimated to grow by 25 percent this year to $6.7

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Tealium Adds $35M to Expand Technology, Sharpen Customer Focus

Xconomy

million Series D round in early 2015, re-upped in the latest round, which included all existing investors and some debt, Tealium CEO Jeff Lunsford said last week. Tealium , founded in 2008, has raised close to $113 million since its inception, according to Crunchbase , although that number includes both debt and equity deals.

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Biotech Roundup: Deals Gone Wrong, Ethical Red Flags & Bay Goodbyes

Xconomy

—A team led by Jef Boeke of New York University, George Church of Harvard University, Andrew Hessel of software maker Autodesk, and Nancy Kelley proposed in the journal Science to build a synthetic human genome. AstraZeneca got the drug when it bought ZS Pharma in late 2015 for $2.7