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AristaMD Finds $18M In Series B Funding

socalTECH

San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The company said the funding will go to towards accelerating expansion of its platform across the country. READ MORE>>.

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Report: Chumby Has Shut Down

socalTECH

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday.

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Chumby Deploys With Automotive Electronics Firm QNX

socalTECH

San Diego-based Chumby , the developer of a Linux-based, programmable device which connects to Internet information, has linked with QNX Software Sytsems Co. , Chumby is headed by Derrick Oien, and backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. READ MORE>>.

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Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

and San Diego’s Avalon Ventures. Avelas plans to use the new funding to advance development of AVB-620, the company’s lead diagnostic agent, for use in breast cancer surgeries, CEO Carmine Stengone told me yesterday. Avalon partner Jay Lichter plans to continue serving as Avelas’ chairman, Stengone said.

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Ortiva Wireless Adds Mobix

socalTECH

La Jolla-based Ortiva Wireless , a developer of products for managing mobile video streaming, said this morning that it has signed on Mobix Interactive as a customer. Ortiva's venture backers are Artiman Ventures, Avalon Ventures, Comcast, and Mission Ventures. Financial impact of the customer win was not disclosed. READ MORE>>.

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Broadcom, Chumby Link On Set Top Box Effort

socalTECH

Chip maker Broadcom said that it is integrating Chumby's rich media Internet platform into a system-on-a-chip for digital television and set-top boxes. Chumby is venture backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures.

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Interview with Derrick Oien, Intercasting

socalTECH

in funding from Venrock, Avalon, and Masthead. Derrick Oien: We have a platform we develop, called ANTHEM. Historically, it was something that started to develop before our launch with operators back in 2005, and it now serves as a laboratory for development of our product. Intercasting is backed by $17.5M