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Avalon Ventures Might Reap Cash In Zynga Offering

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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 Ventures, Jeffrey Katzenberg To Benefit From Zynga IPO

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San Francisco-based social games maker Zynga , the firm behind the popular FarmVille Facebook game, filed for an IPO Friday, with several Southern California investors potentially beneficiaries of any future IPO success. According to Zynga, it is looking to raise up to $1 billion on the public markets. percent of Zynga.

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Zynga IPO Rewards SoCal Investors

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Despite a cool reception for the IPO of social games maker Zynga Friday, the IPO of the company still rewards a couple of Southern California investors. to $10.00; the firm was trading slightly down near close of market, and had ranged from $9.00 Zynga priced at $10.00 per share in trading Friday. READ MORE>>.

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AnaptysBio Sets Estimated IPO Pricing Range

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The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. as early as Thursday.

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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. The fund has not yet announced local investments, but has been actively talking to companies fitting its investment profile. READ MORE>>.

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