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Blacksmith Medicines Merges With Forge Therapeutics

socalTECH

San Diego-based Blacksmith Medicines and Forge Therapeutics said Monday that the two companies are in a definitive merger agreement. MagnaSci Ventures, MP Healthcare Partners, Alexandria Venture Investments, and Eli Lilly. Financial details of the merger were not announced.

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Inseego Resets Effort To Gain Approval For MiFi Sale, Again

socalTECH

San Diego-based Inseego --the company once known as Novatel Wireless --along with Jade Ocean Global Limited , which is a subsidiary of T.C.L. Industries Holdings , say they once again have withdrawn their request for regulatory approval from the Committee on Foreign Investment in the United States (CFIUS).

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

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Interview with Marc Averitt and Sharon Stevenson, Okapi Ventures

socalTECH

It was about three years from investment to exit, which we were really thrilled about. We had our fourth anniversary in May, and we passed out checks from the Helixis acquisition to our LPs, which was a pleasant delight. What kinds of investments are you particularly interested in right now? Interesting. Is there a market?

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Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

InfoChachkie

When you can live where you want to live and make money doing what you love to do, you are, by my definition, a screaming success. The latest evidence of the city’s dynamic startup ecosystem is the recent announcement by Citrix to investment significant resources in the Santa Barbara Innovator’s Program. From Lynda.com ’s recent $1.5

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Gaining an Edge: Understanding Cyber Risk Appetite

Xconomy

The moves they’re making to get ahead in the marketplace—globalization, mergers and acquisitions, extension of third-party networks, movement to the cloud—are the same tactics that create cyber risk. But while they’re taking cyber threats seriously, many companies are struggling to find the right balance in their approach.

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Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More

Xconomy

—Option-to-buy deals are by definition no guarantee, and an agreement between Boston-based Acetylon Pharmaceuticals and Celgene is the latest example. Celgene paid Acetylon $100 million in 2013 for an option to buy the company outright, but the deal recently expired without an acquisition, leaving Acetylon to chart a new course.

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