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THREAD Gets $50M More

socalTECH

Tustin, California-based THREAD , a developer of software used for managing decentralized clinical research, has raised $50 more in funding from private equity investors Water Street Healthare Partners and JLL Partners. The company was acquired by Water Street and JLL Partners last year, in 2019. THREAD's executive chairman is Mark A.

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Apex Innovation Sciences Forms From Three Way Merger

socalTECH

A new company, Apex Innovation Sciences --with headquarters in Long Beach, California and Marlton, New Jersey--has formed out of a corporate merger of CNS Network and Hassman Research Insitute , along with the Clinical Trial Centers Alliance , three companies in the clinical trial studies industry, the companies said this morning.

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U-M Leads 10-University Project to Tackle Equity, Inclusion in STEM

Xconomy

Academic researchers have long studied gender and racial disparities in STEM education, but they have not had widespread success in addressing these challenges. A University of Michigan professor and colleagues from 10 universities are hoping to change that.

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Allegro Opthalmics Finds $10.7M In Funding

socalTECH

in an equity funding round. According to Allegro, the new funding goes to complete multiple Phase 2 clinical trials and prepare for Phase 3 studies. Source of the new funding injection was not announced. READ MORE>>.

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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Studying and learning from the mistakes of others is the best way to reduce your own risks. Market research can thus be based on real customers and a previously tested market.

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Connexity Buys Hitwise

socalTECH

Connexity also said its private equity owner, Symphony Technology Group, is acquiring Experian's Simmons division, the publisher of the consumer research database, the National Consumer Study (NCS). The two combined deals were worth $47M plus up to $5M in earnout.

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Sonendo Finds $18M For Dental Technology

socalTECH

Laguna Hills-based Sonendo said Monday that it has raised $18M in a funding round, the second tranche of an equity financing announced last year. The company said the funding will go towards technology development, clinical studies, and commercialize its system for cleaning root canals using ultrasound.