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Palomar Ventures Backs Damballa

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Santa Monica-based venture capital firm Palomar Ventures has re-upped its investment in a security software firm Damballa , which is based in Atlanta, as part of a new $12M funding round for that company. Palomar's Jim Gauer sites on the board of Damballa.

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Truepic Takes $26M For Photo Verification

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According to the company, the funds will go to secure its technology. The company said its technology is being used by such customers as Accion Opportunity Fund, Equifax, EXL Service Inc, Ford Motor Company, Palomar Holdings Inc., Transunion, and United Nations Capital Development Fund (UNCDF).

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Veritone Names New Board Member

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Taketa was most recently President and CEO of York Risk Services, an insurance services company; he also served at DLA and an un-named private equity firm, and is a director of Palomar Insurance, Alphaeon Corporation, and the Hoag Hospital Foundation.

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Crosscut Ventures Raising Second Fund

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Crosscut Ventures invests in digital media businesses, and has invested in such companies as GraphEffect, Postcard On The Run, ShoeDazzle, Zadspace, GumGum, DocStoc, CircleStreet, Verve Wireless, among other companies.

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Predixion Software Snags $20M More For Predictive Analytics

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San Juan Capistrano-based Predixion Software , the predictive analytics software firm headed by Simon Arkell, has raised $20M in a Series C financing, the company said this morning. The new funding came from Accenture and GE Ventures, two strategic investors in the company, along with new investor Frost Venture Partners. READ MORE>>.

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Predixion Software Snags Series D

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The developer of cloud-based, predictive analytics software said the round was led by Software AG, and also included GE Software Ventures and the company's other financial and strategic investors. READ MORE>>.

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AutoGenomics Pulls IPO

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AutoGenomics had previously raised funding from Palomar Ventures, although it's unclear how much of a stake the venture firm now holds in the compay. Palomar's Randy Lunn still sits on the company's board of directors. The firm had file for an IPo in July of 2008, looking to list on the NASDAQ as AGMX.

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