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Xirrus Ranks Two In WSJ Top Startups List

socalTECH

In a proof that it's not all social media and e-commerce here in Southern California, number two ranking startup in The Wall Street Journal's ranking of the "Top 50 Startups" is none other than wireless hardware provider Xirrus , based in Thousand Oaks. That list included Laguna Hills-based Glaukos at number 7; Donuts Inc. , READ MORE>>.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter. It’s unclear, though, if the $41.8 million disclosed in a July 14 filing includes $27.3M

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Entrepreneurs Look to Angels and Micro-VCs for Cash

Xconomy

When those investors do open their wallets, they’re shunning risky investments in favor of what the Wall Street Journal called “the upper echelon of highly valued startups” such as Airbnb and WeWork. You could make a good case that these investors are taking the “venture” out of “venture capital.”

Angel 66
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Bio Roundup: Moderna Publishes, Life Science Cash, AdComm Votes & More

Xconomy

In the second quarter, 16 of the top 25 largest early-stage venture capital deals were investments in life science companies. The figures come from the National Venture Capital Association and financial research firm Pitchbook.

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Poshmark Picks Up $87.5M to Power the Social, Digital Wardrobe

Xconomy

Other investors in the firm include Mayfield , Menlo Ventures , GGV Capital , Inventus Capital , SoftTech VC , Union Grove Venture Partners , and Cross Creek Advisors. That brings the total funding raised by the Redwood City, CA-based company to $160 million.

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Pharma’s Productivity Problem: Finding More Blockbuster Drugs

Xconomy

A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. Yet despite relative plenty in the bio-venture community, pharma suffers from a shortage of drug candidates.

Product 40
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Pharmaceutical Price Controls Might Be Closer Than You Think

Xconomy

Charley Grant, writing in The Wall Street Journal , commented that, “Any action to curb price increases on older drugs would hurt manufacturers that rely on them to generate growth.” It has started.”

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