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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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Westlake Village BioPartners Taps Former SVB Leerink Exec As COO

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Los Angeles-based venture capital investor Westlake Village BioPartners said on Wednesday that it has named Peter Calveley, previously Managing Director in the Investment Banking Group at SVB Leerink, as its Chief Operating Officer. Calveley previously also served at Merrill Lynch and Alexion Pharmaceuticals.

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Westlake Village BioPartners, Led By Amgen Vets, Launches $320M Fund

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Westlake Village BioPartners , a brand new venture capital fund focused on the life sciences, said on Wednesday that it has launched a new, $320 investment fund aimed at early stage companies. According to the new venture fund, it was founded by Beth Seidenberg, M.D., executive vice president and head of R&D at Amgen.

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Inphi, Started In Westlake Village, Now Part Of Marvell After $10 Billion Deal

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is now officially part of the company, after the company's $10 billion acquisition of the semiconductor maker. Inphi was started in Southern California, in Westlake Village. According to Marvell, Dr. Ford Tamer, who had been president and CEO of Inphi, has joined the company's board of directors.

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Coverhound Raises $14M To Ramp Hiring In Westlake Village

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CoverHound , a startup which offers up an online marketplace for auto, motorcycle, home, and renter''s insurance, said this morning that it has doubled its space in Southern California, as part of a new funding round for the company. READ MORE>>.

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Ember Finds $23.5M More

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Westlake Village-based Ember Technologies, best known for its temperature-controlled mugs, said today that it has raised $23.5M in a Series E funding round. The funding was led by GOLDTek Technology, a subsidiary of Foxconn Technology Group, and also included EDBI and others. Ember is led by founder and CEO Clay Alexander.

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Pray.com Finds $14M For Social Networking For Religious Communities

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Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners.