Two Pore Guys was spun out of research at UC Santa Cruz by William Dunbar and Trevor Morin. Their core technology is a handheld molecular sensor based on solid-state nanopores.
Circle was founded as a collaboration between Matt Jacobson at UCSF and Scott Lokey at UC Santa Cruz. The company is designing macrocyclic peptide therapeutics.
Celgene bought the startup for $300 million upfront to expand its inflammation and immunology pipeline with Delinia's regulatory T cell therapy.