socalTECH

FEBRUARY 24, 2014

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 had been backed by Avalon Ventures, Devonshire Investors, In-Q-Tel, Rackspace, Samsung, and Toba Capital, and had only raised around $14.0M

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socalTECH

MARCH 15, 2012

San Diego-based Avalon Ventures , one of the venture capital investors in social gaming phenomenon Zynga , may be set to cash in on its shares of the newly public gaming firm, after Zynga said this week that it is planning a $400M, secondary offering of its stock.

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Avalon Southern California SoCal San Diego 150

socalTECH

JULY 16, 2013

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>>.

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Capital Southern California Avalon SoCalTech 174

socalTECH

JULY 1, 2011

Among the investors who may benefit from a successful IPO are La Jolla-based Avalon Ventures , run by Kevin Kinsella, Stephen Tomlin, Richard Levandov, Brady Bohrmann, Doug Downs and Jay Lichter, which before the IPO owned 6.1 According to Zynga, it is looking to raise up to $1 billion on the public markets. percent of Zynga.

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Avalon Southern California Class Marketing 140

socalTECH

JULY 14, 2017

Financial terms of the acquisition were not announced. StackIQ was venture backed by Anthem Venture Partners, Grayhawk Capital, Avalon Ventures, and crowdfunding site OurCrowd. San Diego-based StackIQ , a developer of "bare metal" provisioning software, has been acquired by Teradata , Teradata said on Thursday.

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Avalon Anthem San Diego Acquisition 113

socalTECH

JULY 21, 2011

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.

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socalTECH

APRIL 1, 2013

The funding came from Divergent Ventures, along with existing investors Avalon Ventures. Bolt was most recently at Avamar Technologies, where he was CTO of the firm before its acquisition by EMC in 2006. The firm said the new funding brings its total raised to $5M. The firm is led by Rory Bolt. READ MORE>>.

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Software Avalon San Diego Design 124