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Avalon Ventures Gets Commitments Of $103M In New, $300M Fund

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La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. The filing indicates that, so far, the fund has 26 investors in the first sale. READ MORE>>.

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StackIQ Raises $6M

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San Diego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. READ MORE>>.

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Selectable Media Expands To LA

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Selectable Media said it hired a Western Sales Director, Pete Riherd, based here in LA; Riherd was previously at Entertainment Weekly. Selectable Media is venture backed by Microsoft's Bing Fund, and also scored a round last October from Avalon Ventures, the San Diego venture capital firm. READ MORE>>.

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