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. Zynga's major backers are Kleiner Perkins Caufield & Byers, IVP, Union Square Ventures, Foundry Ventures, and Avalon Ventures. avalon ventures zynga content merger acquisition videogame social

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Avalon Ventures, Jeffrey Katzenberg To Benefit From Zynga IPO

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According to Zynga, it is looking to raise up to $1 billion on the public markets. Among the investors who may benefit from a successful IPO are La Jolla-based Avalon Ventures , run by Kevin Kinsella, Stephen Tomlin, Richard Levandov, Brady Bohrmann, Doug Downs and Jay Lichter, which before the IPO owned 6.1 dreamworks katzenberg capital venture avalon exit content videogame games social acquisition merger zynga

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AnaptysBio Adds More Shares, Raises $75M in Stock Market Debut

Xconomy

As has been the case for biotechs over the past year , insiders helped Anaptys get to the public market. AnaptysBio is the first U.S. biotech company to go public this year, raising $75 million in an IPO intended to finance development of antibody-based drugs for inflammatory disorders.

An Homage to Larry Bock, Who Had God’s Hand on His Shoulder

Xconomy

Bock, who died last Wednesday at 56, was a life sciences entrepreneur and investor who helped start or finance dozens of companies that have a combined market value estimated today at roughly $70 billion.

Bio Roundup: CAR-T & Migraine Races, Intra-Cellular, Rockefeller & More

Xconomy

Who will be first to market with a new type of cancer treatment known as CAR-T? TOP STORIES : —Kite Pharma (NASDAQ: KITE ) released data from an ongoing non-hodgkin lymphoma trial that, while early, bolster the view that the Santa Monica, CA, company could be the first to market with a cell-based immunotherapy product known as CAR-T. —Avalon Ventures led an $18 million Series A round for new cancer immunotherapy startup Fortis Therapeutics.

Sidecar Finds $15M More To Expand Ridesharing Fight

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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. The company--which competes against such companies as Uber, Lyft, Flywheel, Taxi Magic, and others in region--said the funding came from Avalon Ventures, Union Square VEnturs, and new investor Sir Richard Branzon. Avalon Ventures is also based in San Diego.

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StackIQ Raises $6M

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The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. The company said the new funding will go toward scaling sales and marketing. 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.

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MOGL Gets $10M

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The second round came from Sigma Partners, Austin Ventures, and Avalon Ventures. The firm said the new funds go towards expansion into new target markets. San Diego-based MOGL , which operates a customer loyalty program for restaurants focused on game mechanics, said today that it has raised $10M in a round of funding. MOGL offers incentives and competitions to spur visits to restaurants. MOGL is headed by Jon Carder. READ MORE>>.

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Otonomy Files For IPO

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San Diego-based Otonomy , the biopharmaceuticals firm which is developing treatment of diseases and disorders of the ear, has filed for an IPO, saying in a filing that it is looking to raised $86.25M in an offering on the NASDAQ Global Market. Otonomy is venture backed by Avalon Ventures, OrbiMed, Novo A/S, TPG Biotechnology Partners, Domain Associates, Rivervest Venture Partners, and others.

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Otonomy Up In IPO

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today after its debut on the NASDAQ Global Market as OTIC. Otonomy was backed by Avalon Ventures, OrbiMed, Novo A/S, TPG Biotechnology Partners, Domain Associates, and Rivervest Venture Partners. San Diego-based biopharmaceuticals firm Otonomy was up today in early trading, after pricing 6.25 million shares of its common stock at $16.00 per share last night. The company was trading around $17.52 The company raised $100M in the IPO.

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Inogen Files For IPO

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Goleta-based medical equipment manufacturer Inogen filed for an IPO over the weekend, saying that it plans to list on the NASDAQ Global Market under the symbol INGN. Inogen is venture backed by Novo A/S, Versant Ventures, Arboretum Ventures, Avalon Ventures, AMV Partners, and others.

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Inogen Sets IPO Range

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The company is offering up 3,529,411 shares of its stock, and plans to trade on the NASDAQ Global Market as INGN. Inogen is venture backed by Novo AS, Versant Ventures, Arborteum Ventures, Avalon Ventures, and Accuitive Medical Ventures. Goleta-based medical equipment maker Inogen has set the pricing range for its IPO, saying in a filing with the SEC that it expects its stock to price at between $16.00 and $18.00 per share.

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AnaptysBio Sets Estimated IPO Pricing Range

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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. San Diego-based AnaptysBio , which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 per share.

Selectable Media Expands To LA

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The company also said it has added Dan Feldstein as its Director of Marketing. 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.

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Quippi Expands Partner List In Mexico

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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. San Diego-based Quippi said this week that it has expanded its list of partners in Mexico. send money in the form of gift cards to their friends and family in Mexico.

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Otonomy Sets Estimated IPO Pricing Range

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Otonomy has applied to list on the NASDAQ Global Market as OTIC. The company is venture backed by Avalon Ventures, OrbiMed, Novo AS, TPG Biotech, Domain Associates, Rivervest Venture Partners, as well as others. San Diego-based Otonomy , which is developing treatments for diseases of the inner and middle ear, set its estimated IPO pricing range Friday. The company indicated in a filing that it now expects its IPO at between $14.00 and $16.00 per share.

Quippi Raises $2M For International Money Transfers

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The funding came from Avalon Ventures. Quippi operates a service--aimed at the Mexican market--which allows people in the U.S. La Jolla-based Quippi , which sells a gift card aimed at international money transfers, has raised $2M in a funding, the company disclosed today. or Mexico to buy gift cards, and share those gift cards via a PIN number with friends or family in Mexico. Those gift cards work with specific retail partners in Mexico, including Cuesta Menos and Coppel.

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Vision, School, & Work | Interview with Jim Farley CMO Ford Motors

Tech Zulu Event

” CHANGING THE FACE OF AUTOMOTIVE MARKETING. 2) “The second piece is the transformation of marketing thanks to the digital media companies. Jim continues our discussion with his thoughts on privacy and how it relates to advertising and marketing.

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AnaptysBio Gets $17M in Licensing Deal

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In addition, AnaptysBio said it is eligible to receive milestone payments of up to $18M for meeting certain research and development milestones, as well as an additional $90M for reaching regulatory submissions and approvals, along with eventual royalties if those antibodies reach the market. AnapytsBio is venture backed by Alloy Ventures, Avalon Ventures, Frazier Healthcare Ventures and Novo A/S.

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Awarepoint Names Zander To Board

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San Diego-based Awarepoint , a developer of real-time location systems for the healthcare market, reported Monday that former Motorola CEO and Sun Microsystems President Ed Zander has joined its board. Awarepoint is venture backed by Cardinal Partners, Venrock, and Avalon Ventures. Zander was most recently chairman and CEO of Motorola, and also served for many years as President and COO of Sun Microsystems. Awarepoint is developing RTLS systems based on the Zigbee wireless standard.

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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. According to Core Innovation Capital , it has moved its offices to Los Angeles from New York City, to be closer to potential investments in its focus area of funding companies serving underbanked consumers in America. The firm''s efforts here are headed by Arjun Schutte.

Zynga IPO Rewards SoCal Investors

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Among the biggest winners of the IPO of Zynga is San Diego-based Avalon Ventures , which owned 32,169,401 shares of Zynga before the IPO, a stake which was worth $321M based on Zynga's opening price this morning. to $10.00; the firm was trading slightly down near close of market, and had ranged from $9.00 Despite a cool reception for the IPO of social games maker Zynga Friday, the IPO of the company still rewards a couple of Southern California investors.

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Chumby Launches On Android

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According to the firm, its app--available on the Android Market for $4.99--brings the firm's software to Android 2.2 The company is headed by Derrick Oien, and has venture backing from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. San Diego-based Chumby Industries , the maker of Internet-enabled, application-capable devices, said this week that it has launched a new version of its product for Android.

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How ScoreStream Is Crowdsourcing Its Way Into High School Sports Media

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After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. Our approach, which I describe as Waze for sports score, is the way they can cover the market.

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How SportStream Is Crowdsourcing Its Way Into High School Sports Media

socalTECH

After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. Our approach, which I describe as Waze for sports score, is the way they can cover the market.

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Southern California Venture Investments See Big Drop In Q1

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Finally, looking at venture capital investors, the most active investors in the region were Siemer Ventures (10 investments); Correlation Ventures (8); Qualcomm Ventures (7), and Avalon Ventures (5).

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

With over 15,000 square-feet of space, the facility has room for dozens of startup teams, and already houses Industry, a Web-based professional networking and job market for the hospitality industry, and the San Diego office of OurCrowd, the Israeli crowdfunding platform.

Awarepoint Raises $13.3M

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The firm said the round was led by Cardinal partners, and also included Venrock and prior investor Avalon Ventures. Awarepoint said the funding will go towards expansion of its product in both domestic and international markets. San Diego-based Awarepoint, a developer of systems for tracking assets and patients in hospitals, has raised $13.3M in a Series D funding.

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Interview with Michael Aleles, Quippi

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We caught up with CEO Michael Aleles to learn more about the company and its quest to serve consumers in what has been a consumer unfriendly market. How are you planning to address other markets? Mexico is our pilot market, and is also our largest market.

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Interview with Derrick Oien, Intercasting

socalTECH

We seem to receive lots of pitches from companies looking to attack the mobile market with their mobile software applications, but few who have deployed on-deck with carriers. in funding from Venrock, Avalon, and Masthead. Derrick Oien: The primary market is the operator. Historically, operators have worked with companies like us to bring services to market--they've worked with messaging firms, SMS, gateways for instant messaging, and companies like us for community gateways.

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