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Westlake Village BioPartners Raises $500M In Two Funds

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Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.

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PureSpectrum Gets $1.6M

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Westlake Village-based PureSpectrum , a startup which operates an online marketplace to help buyers collect survey panels, has raised $1.6M in a funding round, according to the company. The company was founded by Michael McCrary. The funding came from multiple, un-named strategic partners. READ MORE>>.

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ValueClick Buys Greystripe

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Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. The company expects Greystripe to add $24 to $26M in revenues for the remainder of 2011. The deal was worth $70M in cash. in the deal. READ MORE>>.

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Interview with Alex Schneider, Ventura Ventures Technology Center

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On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. What is the Ventura incubator?

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