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Westlake Village BioPartners, Led By Amgen Vets, Launches $320M Fund

socalTECH

Westlake Village BioPartners , a brand new venture capital fund focused on the life sciences, said on Wednesday that it has launched a new, $320 investment fund aimed at early stage companies. According to the new venture fund, it was founded by Beth Seidenberg, M.D., READ MORE>>.

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ACELYRIN Snags Funding For Biotech Effort

socalTECH

Los Angeles-based ACELYRIN , a new startup biopharma company, announced this morning that it has raised a Series A funding. Size of the funding round was not announced. The funding came from Westlake Village BioPartners. The company was co-founded by Shao-Lee Lin, MD, PhD, and Bob Carey. READ MORE>>.

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Westlake Bio Unveils $320M Fund to Put Los Angeles on the Biotech Map

Xconomy

Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment. But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. Westlake Village BioPartners is launching today with $350 million in committed capital.

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Sienna Biopharmaceuticals Ups Series A To $46M

socalTECH

Westlake Village-based Sienna Biopharmaceuticals has had a second close on its Series A funding, bringing the total raised in the round to $46M, the company said on Tuesday. Sienna Pharmaceuticals said the new funding will go towards its pharmaceutical research efforts and business development. Beddingfield III.

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Four Firms Hoping To Tap Into Facebook's 500M Users

socalTECH

Favrav , Westlake Village - FavRav has developed an online tool to help small businesses to promote and gain referrals from facebook users. Backed by Steamboat Ventures, Greycroft Partners, AT&T, and The Mail Room Fund. Founded by Rob Carpenter. Founded by Taher Scherzay and Bill Manos [ Profile ]. Let us know!

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both high tech companies and venture firms during the summer months. based in Malibu, which secured around $100M in funding to acquired the North American Credit-on-Self division of D&B in July.

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Zumbox Scores $8M

socalTECH

Westlake Village-based Zumbox , a developer of a system for sending electronic mail to postal addresses, announced today that it has raised $8M in a funding. Tags: zumbox venture capital angel electronic postal email mail. The firm said it will start a national roll out of the service in Q4 of this year.

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