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Avalon Ventures Raises $201.6M As Part Of $250M Venture Fund

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In what is a rarity nowadays for a Southern California venture capital fund, San Diego- and Cambridge-based venture capital firm Avalon Ventures has just closed on $201.6M in commitments for a $250M fund, Avalon Ventures X. avalon ventures venture capital fundraising finance startupREAD MORE>>.

Avalon Ventures Backs Pingup

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Avalon Ventures , the La Jolla- and Cambridge-based venture capital firm, has backed a new startup, Pingup , which lets consumers text nightclubs for reservations and information. According to Pingup Tuesday, it raised $1M in a seed funding round from Avalon Ventures, led by Brady Bohrmann. READ MORE>>.

Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

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and San Diego’s Avalon Ventures. Inbio Ventures, a venture capital management company, represented Pharmstandard in the deal.

Avalon Ventures Leads Round In AeroFS

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San Diego-based venture investor Avalon Ventures is the lead investor in a new, $10M funding round for AeroFS , a developer of private cloud collaboration software. Avalon's Rich Levandov represents Avalon Ventures on the AeroFS board. AeroFS said the Series B funding also included NHN Investment. READ MORE>>.

Avalon Ventures Backs Selectable Media

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San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media , to the tune of $2M.

An Homage to Larry Bock, Who Had God’s Hand on His Shoulder

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It was during this time, she recalled, when Bock met Kevin Kinsella of San Diego’s Avalon Ventures. They had a lot of fun.”. Larry Bock.

Core Innovation Capital Sets Up Shop In LA

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In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area''s growing startup market. core innovation capital venture investment fund The firm''s efforts here are headed by Arjun Schutte. READ MORE>>.

Avalon Ventures Backs TwinStrata

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La Jolla-based venture capital investor Avalon Ventures is the lead in a round for cloud data storage firm TwinStrata , TwinStrata said today.

Avalon Ventures Backs Teambox

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San Diego-based venture investor Avalon Ventures is the lead investor in a round for a developer of cloud-based, business collaboration software today. Avalon''s Rich Levandov was involved in the funding effort. teambox avalon ventures cloud software collaboration saas venture capital READ MORE>>.

Avalon Ventures Spins Out New Company, Iron Horse Therapeutics

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San Diego-based venture investor Avalon Ventures , along with biopharmaceuticals firm GSK said this morning that the two companies are spinning out a new company, Iron Horse Therapeutics , backed by $10M in funding. Avalon Ventures said that Iron Horse is the seventh company launched out of its collaboration with GSK. READ MORE>>.

Avalon Ventures: Startups Get Milestone Payments, New Company Launched With GSK

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San Diego-based Avalon Ventures , and COI Pharmaceuticals , the company established by Avalon to help form new biotech companies, said today that the first two companies that it has formed with GlaxoSmithKline have met their first milestones, and that it has spun up a new company with GSK as part of their collaboration. READ MORE>>.

Avalon Ventures Backs LoopIt

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Avalon's Rich Levandov was involved in the investment. loopit social shopping venture capital redstarLoopIt is based in Cambridge, Mass.,

Avalon Ventures Gets Commitments Of $103M In New, $300M Fund

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La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. Avalon invests in both life sciences and technology companies, and invests in seed an dearly stage companies. READ MORE>>.

Avalon Ventures Backs Indix For E-Commerce Product Data

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San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures. indix product information database venture capital ecommerce catalog avalon ventures

Southern California Firms Get $587.0M In Venture Capital In Q2

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2013 q22013 moneytree quarterly investment capital venture california southern invested across 45 companies. invested. READ MORE>>.

Avalon Ventures Closes $200M Fund

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San Diego-based Avalon Ventures , a venture capital firm focused on early stage high tech, digital media, and life sciences firms, said today that it has closed on $200M in capital commitments for its latest fund. Avalon said that the fund, Avalon Ventures IX, LP, is the ninth and largest fund for the company.

Avalon Ventures, GlaxoSmithKline Team On Two New Startups

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San Diego-based venture capital investor Avalon Ventures and biopharmaceuticals firm GlaxoSmithKline said Monday that the two have teamed up to fund and launch up to 10, early stage life science companies. According to Avalon Ventures and GSK, they will provide up to $495M to fund those ten new companies. READ MORE>>.

Avalon Ventures Gets Exit At Cloudant

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San Diego-based venture investor Avalon Ventures has scored an exit this morning, after IBM said it has acquired Boston-based Cloudant , a developer of a NoSQL-based, cloud-based database. cloudant venture capital merger acquisition exit cloud software nosql database Financial terms of the buy were not disclosed. READ MORE>>.

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Avalon Leads Investment In Standing Cloud

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San Diego-based venture capital firm Avalon Ventures has led an investment in a cloud computing company, Standing Cloud , based in Boulder, Colorado. According to Standing Cloud, it received a $3M, Series B financing from Avalon, which also included the firm's prior investor, The Foundry Group.

Dauntless Takes Flight with New Business Model for Starting Biotechs

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It’s a little like what Avalon is doing. We are definitely interested in oncology, but there is no value in disclosing details.”.

Avalon Funds Internet Comedy Site Cheezburger

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San Diego-based venture capital firm Avalon Ventures has boosted an Internet web site publisher known for its humorous, captioned pictures of cats and use of Internet memes, Cheezburger. Other investors in the company include Foundry Group, Madrona Ventures, and SoftBank Capital.

Clearstone Tops CalPERS IRR List

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CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

StackIQ Raises $6M

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The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. stackiq venture capital automatoin software enterprise hadoop The company said the new funding will go toward scaling sales and marketing. The company is led by Tim McIntire. READ MORE>>.

Sidecar Finds $15M More To Expand Ridesharing Fight

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The company--which competes against such companies as Uber, Lyft, Flywheel, Taxi Magic, and others in region--said the funding came from Avalon Ventures, Union Square VEnturs, and new investor Sir Richard Branzon. Avalon Ventures is also based in San Diego. sidecar venture capital ridesharing uber lyft expansion mobile smarpthone

Southern California Startups Raise $761.12M in Q2 2014

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The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.

Southern California Firms Raise $762.88M in Q1

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tally investment survey nvca moneytree capital venture california southern Carlsbad-based Luxtera raised $37.38M in its funding round.

Report: Chumby Has Shut Down

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Chumby--which had been backed by JK&B Capital, Avalon Ventures, Masthead Venture Partners, and O'Reilly AlphaTech Venture--was known for its Linux-based, open platform which let users access Internet content and other services. The firm had raised on the order of $25M in funding for its efforts. READ MORE>>.

Cheezburger Deal Spawned Out Of LA's TwiistUp

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Along with Foundry, both Madrona Ventures and San Diego's Avalon Ventures were investors in the round. READ MORE>>.

Venture Capitalists Invest $493.2M In Southern California In Q1

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The latest venture capital numbers from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters, was released tonight, showing that Southern California had $493.2M in investments in Q1 of the year, across 54 deals. Investments were down from $625.4M

Synthorx Raises $10M to Expand Use of Synthetic DNA in Biologics

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Existing investors Avalon Ventures and Correlation Ventures joined in the round. They can’t be made efficiently and at low cost.”.

Otonomy Ups Funding By $14.2M

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The firm had announced in August that it had raised $38.8M in a round led by Novo Ventures and RiverVest Venture Partners, and which also included Domain Associates, TPG Biotech, and Avalon Ventures. otonomy venture capital biotech lifescience medicalAccording to the filing, the firm has now raised $24.2M out of a $38.8M round.

Amira Pharmaceuticals Acquired By Bristol-Myers Squibb

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Amira Pharmaceuticals was venture backed by Avalon Ventures, Novo A/S,Prospect Venture Partners, and Versant Ventures. The firm had raised somewhere around $40M in venture capital funding. Bristol-Myers Squibb said it would pay $325M upfront, and up to $150M in milestone payments, for Amira.

aFraxis Gets $750K

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Details on the funding have not been announced, however, the company is venture backed by Avalon Ventures. Avalon's Jay Lichter is listed as the firm's CEO. Tags: afraxis venture capital biotech lifescience autism avalon ventures

Southern California Venture Investments See Big Drop In Q1

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Venture capital investments saw a sharp drop in Q1 in Southern California, according to the latest venture numbers from the MoneyTree report.

Southern California Bucks VC Trend, As Firms Raise $924.13M In Q1

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The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011.

Awarepoint Raises $14M More

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based private healthcare investment firm, and also included Kleiner Perkins Caufield & Byers, Cardinal Partners , Venrock, Jafco Ventures, Avalon Ventures , New Leaf Venture Partners and Top Tier Capital Partners. systems rfid tracking rtls lifescience healthcare capital venture awarepointAwarepoint is headed by Jay Deady.

Southern California Firms Raise $738M In Q4 2011

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The latest numbers from the PricewaterhouseCoopers/National Venture capital Association MoneyTree survey, which is based on data from Thomson Reuters, tallies $738.34M invested in Southern California in Q4 of 2011. The amount is up from $528.0M raised in Q4 of 2010, and up from the $652M invested in the region last quarter.

Synthorx Raises $10M

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The funding was led by RA Capital Management, and also included Avalon Ventures and Correlation Ventures. RA Capital Management's Andrew Levin joins the company's board with the funding. biology lifescience biotech capital venture therapeutics protein synthorxREAD MORE>>.

Avelas Biosciences Raises $20M

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and laos included Ervington Investments Limited and Alexandria Venture Investments plus Avalon Ventures, Bregua Corporation, and WuXi Healthcare Ventures. treatment cancer biopharmaceuticals biopharma biotech lifescience capital venture biosciences avelasThe new funding was led by Pharmstandard International, S.A., Andrei Petrov, Ph.D.,

Sitari Pharmaceuticals Raises $10M To Tackle Celiac Disease

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San Diego-based Avalon Ventures announced this morning that it has launched a new company, Sitari Pharmaceuticals , with $10M in a Series A financing. disease celiac lifescience biotech capital venture glaxosmithkline pharmaceuticals sitary ventures avalong READ MORE>>.