TechFlash: Techstars' new class; Angels invest $43.5M; Oracle, Qumulo expand

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Techstars Seattle selects nine startups for accelerator program Techstars Seattle's class of 2016 features nine early-stage companies from industries for which the region is best known. Seattle angel network Keiretsu Forum invests $43.5M in 57 startups Kirkland wearable device startup Pebble Bee and Seattle biotech Kineta are among the Puget Sound area companies backed by angel investors in the network. Expanding Oracle, Qumulo help fill up Seattle's Century Square tower The companies join two other tech firms, Twitter and Classmates, in the downtown high-rise. Gates speaks out about Apple, FBI battle: Government must strike a balance Gates had said in an interview with the Financial Times that Apple should help the U.S. government hack into an iPhone, but then told Bloomberg that didn't mean he was siding with the FBI. Facebook launches new 'social VR' team Facebook's 'social VR' team aims to make the virtual headsets more social. Seattle autoimmune biotech KPI plans clinical trials, looks to raise $25M KPI Therapeutics is looking to raise more than $25 million to bring its autoimmune drugs to clinical trials. UW researcher study demonstrates new HIV prevention method for women In the study, the HIV risk among those enrolled in the trial was reduced by 27 percent. In women 22 and older the risk reduction was more than half. Professor: How black men, vets are uniquely qualified for STEM jobs Washington State University professor K.D. Joshi explains why many black men and military veterans have many of the skills needed for STEM jobs, but often lack the support necessary to pursue them. National Tech News Dell-EMC merger clears key regulatory hurdle Friends with Zenefits: Liquor, sex and a startup's hard-partying culture Reynolds & Reynolds acquires San Fransisco tech firm

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