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San Diego-based venture capital firm Avalon Ventures has boosted an Internet web site publisher known for its humorous, captioned pictures of cats and use of Internet memes, Cheezburger. Avalon's Levandov is also on the board and led the venture firm's investment in hot Internet social gaming firm Zynga.
La Jolla-based Avalon Ventures is the lead investor in the Series A round for Averon , a developer of mobile identity verification software this week. Avalon's Rich Levandov and Brady Borhmann both join Averon's board with the funding round. Averon, which is based in San Francisco, said it has raised $8.3M in a Series A funding.
La Jolla-based venture investor Avalon Ventures is the lead investor in a round for San Francisco-based Averon , a developer of mobile identity verification software. The funding was led by Avalon Ventures, and also included Salesforce founder and CEO Marc Benioff. Avalon Ventures' investment was managed by Brady Bohrmann.
The firm recently made an investment in TIO Networks, a bill payment company based in Vancouver, BC, as part of an acquisition of bill payment services provider Globex Financial Services. The fund has not yet announced local investments, but has been actively talking to companies fitting its investment profile.
Awarepoint uses Zigbee wireless networking and RFID tags to track location, status, and history of resources in healthcare. The firm is backed by Cardinal Partners, Venrock and Avalon Ventures. and Vice President of the George Washington University Health Plan. READ MORE>>.
San Diego-based Interacasting Corporation , a provider of mobile social networking software, has been acquired by Good Technology, the firms said this morning. Financial terms of the acquisition were not disclosed. The firm's customers included AT&T, Boost Mobile, Spring, T-Mobile, Verizon, Virgin MObile, and others. READ MORE>>.
Chumby's software allows digital photo frame manufacturers to tie their products into social networking sites, photo and video sharing sites, and other Internet widgets such as Internet radio, news, weather, and RSS feeds. The design is based on the Linux operating system.
Chumby develops a Linux-based software set and hardware which allows users to pull Internet content--including news, weather, social networking pages, videos, and more--onto a alarm-clock like, Wi-Fi connected device. Chumby is venture backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures.
We spoke with Derrick Oien, president and co-founder of the firm, about the company's mobile social networking applications, as well as about his view on penetrating the mobile carriers. in funding from Venrock, Avalon, and Masthead. What exactly are your mobile social networking applications? Intercasting is backed by $17.5M
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. The other partners are Edward Adato and Daniel Schwarzblat.). “I
While his expertise lies in computer networks and infrastructure, Smarr has emerged as a de facto leader in quantified health—largely due to his relentless curiosity about his own health. In 2011, Smarr diagnosed his own Crohn’s disease long before.
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