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Avalon Funds Internet Comedy Site Cheezburger

socalTECH

San Diego-based venture capital firm Avalon Ventures has boosted an Internet web site publisher known for its humorous, captioned pictures of cats and use of Internet memes, Cheezburger. which features "LOLcats", funny pictures of cats with humorous captions, and FAIL Blog , a site which highlights "fails".

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Cheezburger Deal Spawned Out Of LA's TwiistUp

socalTECH

The $30M funding deal for Seattle's Cheezburger , the web publisher best known for its LOLcats-themed I Can Has Cheezburger? and FAIL Blog web sites, apparently was spawned out of an introduction at last year's Twiistup technology conference, according to investor the Foundry Group. READ MORE>>.

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Intel Deepens Move into Sports Tech with SportStream Investment

Xconomy

million in a Series A round that includes Intel Capital as an investor. According to a recent ScoreStream statement , San Diego’s Avalon Ventures, a longtime ScoreStream investor, led the round, and was joined by Sinclair Broadcasting, Verizon Ventures, and R/GA Ventures, the investment arm of the advertising agency R/GA.

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