EMC Buys SourceLabs, Qwell Raises $7M, Microsoft Layoff Rumors Rebuffed (For Now), & More Seattle-Area Deals News (Seattle Post-Intelligencer)

It’s been a pretty slow couple of weeks for deals in the Northwest, what with the holidays. But there were still some big ones in software and biotech-starting with an Xconomy exclusive below. -Xconomy broke the news this morning that Seattle-based Qwell Pharmaceuticals has raised a $7 million Series A round led by Arch Venture Partners …

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