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Westlake Village BioPartners Raises $500M In Two Funds

socalTECH

Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. 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. 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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CoverHound Raises $33.3M

socalTECH

CoverHound , which has offices in Westlake Village, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital , has raised $33.3M in a Series C funding. The company now lists positions for Insurance Advisors, an Engineering Manager, and a Ruby-on-Rails Engineer in Westlake.

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Sienna Biopharmaceuticals Gets $34M For Aesthetic Medicine Products

socalTECH

Westlake Village-based Sienna Biopharmaceuticals , a new aesthetics and medical dermatology startup, said Thursday that it has raised $34M in a Series A financing round. The funding was led by ARCH Venture Partners, and also included Altitude Life Science Ventures, Partner Fund Management, and Venvest Capital, along with angels.

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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. Tags: facebook users applications growth startups startup. Founded by Rob Carpenter.

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Gevo Sets Range For IPO

socalTECH

Gevo , the biofuels startup spawned out of technology from the University of California, Los Angeles and Caltech, has set an offering range for its IPO. Gevo, which started in Pasadena but is now located in Englewood, Colorado, said it is looking to sell 7,150,000 shares of its common stock at between $13.00 and $15.00