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Avalon Ventures Backs Indix For E-Commerce Product Data

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San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures. READ MORE>>.

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Avalon Ventures Backs Selectable Media

socalTECH

San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media , to the tune of $2M. Selectable Media, which is based in New York, lets users opt into branded video advertising in exchange for free access to content on web and mobile apps. READ MORE>>.

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ScoreStream Adds New Funding From Intel Capital

socalTECH

According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures. ScoreStream said the funds go towards new product enhancement and extension of its platform. Details on the size of that funding round were not announced.

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Avelas Biosciences Finds $7.4M

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The second tranche of the company''s Series B came from investors Avalon Ventures, Torrey Pines Investment and WuXi PharmaTech Investments. The technology behind the Avelas product is based on research conducted at UC San Diego. in a Series B funding. READ MORE>>.

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Proximal Data In Deal With LSI

socalTECH

San Diego-based server side caching software developer Proximal Data has inked a deal with LSI Corporation , where LSI will integrate its server-side caching technology with a PCIe flash application acceleration product. LSI''s product is used to accelerate the performance of VMware applications, via flash storage caching. READ MORE>>.

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Otonomy Gets $49M In New Funding

socalTECH

The Series D funding came from Jennison Associates LLC, Perceptive Advisors, Federated Kaufmann Funds, Clough Capital Partners LP, Ally Bridge Group, as well as existing investors OrbiMed Advisors LLC, Novo Ventures, TPG Biotech, Avalon Ventures, Domain Associates, RiverVest Venture Partners, Aperture Venture Partners, and Osage University Partners.

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Proximal Data Acquired By Samsung

socalTECH

Proximal Data was venture backed by Divergent Ventures and Avalon Ventures, and had only announced around $5M in funding. Samsung said the buy will help add server storage software expertise to its solid state (SSD) storage products.

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