socalTECH
OCTOBER 18, 2012
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>>.
socalTECH
APRIL 20, 2012
San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. The Verge, which first reported the news, said that Chumby's employees are now working for Technicolor, and the firm is looking to sell off its technology. READ MORE>>.
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socalTECH
JULY 17, 2014
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0
socalTECH
APRIL 19, 2012
The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011. was invested in the region.
socalTECH
OCTOBER 24, 2011
San Diego-based Awarepoint , which develops systems for tracking equipment and patients in hospitals, reported today that it has hired four new executives onto its management team. Wallace was most recently at McKesson Corporation, as was Cosgrove; Arthur joins from Microsoft, and Gallecos from Cisco. READ MORE>>.
socalTECH
JULY 18, 2013
The report comes every quarter from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. By far, the largest investment category for the quarter was software--helped by Snapchat--with $177.872M in investments for Q2, according to the report.
Xconomy
AUGUST 17, 2016
and San Diego’s Avalon Ventures. Avalon Ventures founded Avelas, and has housed the startup with other Avalon biotech startups at its COI Pharmaceuticals R&D facility in San Diego. Avalon Ventures founder Kevin Kinsella plans to step down as a director of the company, along with Nikolay Savchuk of Torrey Pines Investment.
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