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Founder Institute: 12 Firms Out of San Diego

The San Diego arm of the Founder Institute, the entrepreneurship mentoring effort started by Adeo Ressi, said Friday that it has graduated 12 companies from its Fall 2009 San Diego semester. The group said the companies included CloudCanvas, an online imaging editing site, Live On Campus, an interactive publishing platform for college and university students, and XBand Technologies, a firm developing electronic devices for monitoring performance, nutrition, and hydration for cyclist. Names of the other companies were not announced.