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Avalon Ventures Closes $200M Fund

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San Diego-based Avalon Ventures , a venture capital firm focused on early stage high tech, digital media, and life sciences firms, said today that it has closed on $200M in capital commitments for its latest fund. Avalon said that the fund, Avalon Ventures IX, LP, is the ninth and largest fund for the company.

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Southern California Firms Get $587.0M In Venture Capital In Q2

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invested across 45 companies. On the venture capital side, the most active investors from Southern California were Siemer Ventures (10 deals), Tech Coast Angels (9 deals), Correlation Ventures (8 deals) and Avalon Ventures (5 deals). Across the region, Los Angeles led in terms of dollars and deals, with $277.4M READ MORE>>.