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Westlake Village BioPartners Raises $500M In Two Funds

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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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Westlake Village BioPartners Taps Former SVB Leerink Exec As COO

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Los Angeles-based venture capital investor Westlake Village BioPartners said on Wednesday that it has named Peter Calveley, previously Managing Director in the Investment Banking Group at SVB Leerink, as its Chief Operating Officer. Calveley previously also served at Merrill Lynch and Alexion Pharmaceuticals.

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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.,

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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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Tipalti Finds $14M More

socalTECH

Tipalti , which provides accounts payable and supplier payment automation software, and which has operations in the Los Angeles area, has raised $14M in a funding round, the company said this morning. The funding was led by SGVC. As part of the funding, Dovi Frances of SGVC will join Tipalti's board.