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Southern California Venture Investments See Big Drop In Q1

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Venture capital investments saw a sharp drop in Q1 in Southern California, according to the latest venture numbers from the MoneyTree report. The report, released by PricewaterhouseCoopers and the National Venture Capital Association over the weekend, tallied up $534.3M billion in 863 deals. Image courtesy Bigstock.

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Avalon Ventures Might Reap Cash In Zynga Offering

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San Diego-based Avalon Ventures , one of the venture capital investors in social gaming phenomenon Zynga , may be set to cash in on its shares of the newly public gaming firm, after Zynga said this week that it is planning a $400M, secondary offering of its stock.

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Core Innovation Capital Sets Up Shop In LA

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In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area''s growing startup market. core innovation capital venture investment fund' The firm''s efforts here are headed by Arjun Schutte. READ MORE>>.

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Avalon Ventures, Jeffrey Katzenberg To Benefit From Zynga IPO

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San Francisco-based social games maker Zynga , the firm behind the popular FarmVille Facebook game, filed for an IPO Friday, with several Southern California investors potentially beneficiaries of any future IPO success. According to Zynga, it is looking to raise up to $1 billion on the public markets. percent of Zynga.

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