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Sidecar Finds $15M More To Expand Ridesharing Fight

socalTECH

It looks like the peer-to-peer marketplace for rides in Los Angeles is about to get a lot hotter, as one of the companies competing in the market-- Sidecar said this morning that it has raised $15M more in funding. Avalon Ventures is also based in San Diego. Avalon Ventures is also based in San Diego. READ MORE>>.

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StackIQ Raises $6M

socalTECH

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.

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AnaptysBio Up Slightly In IPO

socalTECH

AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. The company now trades as ANAB on the NASDAQ Global Select Market. Anaptys priced its IPO on Wednesday night at $15.00 per share, at the midpoint of its $14.00 READ MORE>>.

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Quippi Expands Partner List In Mexico

socalTECH

The startup--which is backed by Avalon Ventures--operates a financial service which lets consumers in the U.S. Quippi is taking aim at the traditional remittance market, where workers in the U.S. Quippi is taking aim at the traditional remittance market, where workers in the U.S. READ MORE>>.

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Quippi Raises $2M For International Money Transfers

socalTECH

La Jolla-based Quippi , which sells a gift card aimed at international money transfers, has raised $2M in a funding, the company disclosed today. The funding came from Avalon Ventures. Quippi operates a service--aimed at the Mexican market--which allows people in the U.S.

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AnaptysBio Sets Estimated IPO Pricing Range

socalTECH

The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. and $16.00 as early as Thursday.

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Core Innovation Capital Sets Up Shop In LA

socalTECH

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. The fund has not yet announced local investments, but has been actively talking to companies fitting its investment profile. READ MORE>>.

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