Enterprise Partners Portfolio Firm Heads Towards IPO

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One of the portfolio firms of San Diego venture capital firm Enterprise Partners is heading towards an IPO, according to a S-1 filing Friday. The firm's other venture backers are Essex Woodlands Health Ventures, OrbiMed Advisors, OVP Venture Partners, Prospect Venture Partners and Highland Capital Management. Enterprise has been an investor in Complete Genomics since 2006, when it was a Series A investor in the firm.

Enterprise Partners Re-Ups On Complete Genomics

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San Diego-based venture capital firm Enterprise Partners is one of the firms in a $39M, Series E funding round for Mountain View-based Complete Genomics , Complete Genomics said today. The round was led by Sands Capital, and also included Essex Woodlands, OVP Venture Partners, Prospect Venture Partners, OrbiMed Advisors, Highland Capital and Enterprise Partners.

Enterprise Partners Portfolio Firm Heads To Market

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One of the portfolio firms of San Diego-based venture capital firm Enterprise Partners , Complete Genomics is set to debut on the market Thursday, after pricing its IPO this evening. Enterprise Partners owns about 14.8 The IPO marks the second major acquisition in Enterprise Partners' portfolio this year; the firm also was an investor in Targegen, which was acquired by Sanofi-aventis in June.

AxiaMed Adds $12.4M For Healthcare Payment Tech

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The funding was led by Health Enterprise Partners (HEP), and also included Nashville Capital Network and other existing investors. Santa Barbara-based AxiaMed , which is developing healthcare payments technology, said late Tuesday afternoon that it has raised $12.4M in a funding round. AxiaMed is a developer of payment software, used b y hospitals and others for managing payments from patients. The company's CEO and co-founder is Randal Clark. READ MORE>>.

JMI Equity Backs Jvion's Healthcare AI Software

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The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC). San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning.

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Anzu Partners, With Offices In San Diego, Raises $128.4M Venture Fund

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Anzu Partners , a venture capital and private equity investors focused on industrial technology with offices in the San Diego area, has quietly raised $128.4M Among Anzu's Venture Partners is Carl Eibl, former Managing Partner at Enterprise Partners in San Diego, and Vice Chairman of CONNECT; Eibl is based in San Diego. anzu partners diego venture capital private equity carl eibl enterprise connect lajolla

XIFIN Buys PathCentral

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PathCentral had been venture backed by Arboretum Ventures, Baird Venture Partners, and Okapi Venture Capital. XIFIN''s investors include Boulder Ventures, Enterprise Partners, and Windward Ventures. San Diego-based XIFIN , which develops cloud-based financial software for the healthcare industry, has acquired Irvine-based PathCentral , a developer of software for the pathology community, the company announced Thursday afternoon.

Breach Security Raises $5M More

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The firm did not say if prior investors Enterprise Partners, RBA No. 5, or Evergreen Venture Partners participated in this round. Carlsbad-based Breach Security , a developer of IT security tools, announced this morning that it has raised $5M in additional funding, from existing investor Sid R. Bass Associates. The firm said the expansion financing would go towards product development and further market expansion.

XIFIN Acquired By GTCR

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XIFIN''s backers include Boulder Ventures, Enterprise Partners, and Windward Ventures. San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. Financial terms of the buy were not disclosed. GTCR said that founder and CEO Lale White will continue to lead the company.

Celladon Files For IPO

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Celladon is backed by Enterprise Partners, Pfizer, Lundbeckfond, Novartis Bioventures, J&J Development, GBS Bioventures, MPM Capital, Venrock, H&Q, as well as others. San Diego-based Celladon , a clinical stage biopharmaceuticals firm which is developing enzymes to address calcium regulation, has filed for an IPO. The company said it is looking to raise up to $86.25M in an offering on the NASDAQ Global Market, trading under the symbol CLDN.

Opthonix Sees $5.39M More

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Opthonix is venture backed by Cross Creek Capital, DAG Ventures, Enterprise Partners, Gund Investment Corp., Interwest Partners, Kleiner Perkins Caufield and Byers, Palo Alto Investors, Trex Enterprises, and Wasatch Advisors. Vista-based Opthonix , a developer of wavefront guided, high definition vision eyeglasses, has raised $5.39M as part of an ongoing, $12.1M financing, according to a regulatory filing from the firm earlier this week.

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SpecificMedia Raises $5.3M

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It's unclear if the new equity comes as funding from the firm's investors, or if the new equity might be related to the firm's acquisition earlier in October of Broadband Enterprise (BBE), an online video advertising company. Specific Media is headed by Tim Vanderhook, and has previously raised funding from Enterprise Partners, Francisco Partners, and Shepherd Ventures. Irvine-based Specific Media , which operates an Internet advertising network, has issued $5.3M

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XIFIN Names CFO

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Kussman has previously served at Breach Security, Ascenta Therapeutics, Discovery Partners International, Inc., XIFIN is backed by Boulder Ventures, Enterprise Partners, and Windward Ventures. San Diego-based XIFIN , a developer of revenue cycle management software-as-a-service for the healthcare industry, said Monday that it has named Craig Kussman as Chief Financial Officer at the firm.

ecoATM Gets Funding

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The round came from TAO Venture Partners, the new venture firm run by Tom Clancy. Clancy was previously managing director at Enterprise Partners. San Diego-based ecoATM , a developer of automated kiosks for recycling cell phones and other electronics, said this morning that it has raised a first institutional round of funding. Amount of funding was not disclosed.

Celladon Gains $21.8M

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The firm now lists Enterprise Partners, Venrock, and Johnson & Johnson Development Corporation as investors in the company. La Jolla-based Celladon , a developer of treatments for heart failure and other cardiovascular diseases, has raised $21.8M out of a $24.6M funding round, according to a filing from the firm today. Details on the new funding round were not disclosed by the company.

VMIX Gets Win With Scion

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VMIX is venture backed by JK&B Capital and ATA Ventures, Mission Ventures and Enterprise Partners. San Diego-based VMIX , a provider of software for managing online video, said this morning that the firm has signed on automotive brand Scion. Financial impact of the win was not disclosed. VMIX said that Scion will launch a new web site, www.ScionAV.com , using the firm's media management and delivery tools.

Breach Security Gets $2.0M In Convertible Debt

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Breach has previously raised venture funding from Enterprise Partners, RBA No. 5, and Evergreen Venture Partners. Carlsbad-based security software firm Breach Security has raised $2.0M more in a convertible debt financing, according to a regulatory filing by the firm this week. No details on the funding have been released. Breach most recently raised a venture round in July of last year, and has so far raised more than $32.5M in funding. READ MORE>>.

Celladon Gets $53M In Funding

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The round came from new investors MPM Capital and LSP Life Sciences, along with Pfizer Venture Investors, Lundbeckfond Ventures, Novartis Venture Funds, Hambrecht and Quist Capital Management, GBS Venture Partners, Enterprise Partners Venture Capital, Johnson & Johnson Development Corp., Tod Foley of MPM Capital and Fouad Azzam of LSP Life Sciences Partners have joined the firm's board laong with the funding.

Quartics Raises $13.3M

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Quartics has previously raised capital from Enterprise Partners, Focus Ventures, Foundation Capital, Globespan Capital Partners, and Integral Capital Partners.

Southern California Sees Boom In Venture Investments In Q4

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The most active venture firms for Southern California in Q4 were Enterprise Partners (6 investments), Kleiner Perkins Caufield & Byers (4 deals); and Interwest Partners and New Enterprise Associates , both with 3 deals each in Southern California companies. The most active Southern California venture investors -- who made most of their investments outside the area -- were Wavemaker Partners (12 investments); Correlation Ventures (11); and DFJ Frontier (4).

VMIX Raises $2.0M More

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The filing shows representatives from JK&B Capital, Mission Ventures, ATA Ventures, and Enterprise Partners--all prior investors in the firm--remain on the board of directors. San Diego-based VMIX , which provides software-as-a-service for video hosting, has raised $2.0M in a new funding round, according to a regulatory filing by the firm today. Details on the funding have not been announced by the company.

Quartics Snags AMD Exec As CEO

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Quartics is backed by Enterprise Partners, Foundation Capital, and others. Irvine-based Quartics, which is developing semiconductors for media processing, said Monday that it has named former AMD Executive Vice President Mario Rivas as the firm's new CEO.

Celladon Gets $43M For Heart Failure Treatments

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The round was led by Pfizer Venture Investments, and also included Lundbeckfond Ventures, Novartis Venture Funds, H&Q Healthcare/Life Sciences Investors, and GBS Venture Partners--all new investors--along with prior investors Enterprise Partners Venture Capital, Johnson & Johnson Development Corporation, and Venrock Associates.

Inphi Set To Debut In IPO This Week

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Complete Genomics, a Silicon Valley firm backed by Southern California venture firm Enterprise Partners, is also expected to debut this week. Inphi Corp. , the manufacturer of high speed semiconductors which has a majority of its operations in Westlake Village, but is based in Santa Clara, is expected to debut this week in the latest Southern California IPO. The firm is set to sell 6.8 million shares of its stock at between $10.00 and $12.00

Scoperta Adds $1.4M

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Other details on the funding have not been released, however, the firm is backed by Enterprise Partners and Vista Ventures, and Drew Senyei of Enterprise sits on the firm's board of directors. Enterprise and Vista invested a small, $0.5M San Diego-based Scoperta , which is developing fabless specialty steel technology utilizing scrap materials, has raised $1.4M out of a $1.875M round, according to a regulatory filing.

TargeGen Acquired By Sanofi-aventis

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Pappas & Associates, BB Biotech Ventures, CDIB Ventures, CDP Capital Technology Ventures, Chicago Growth Partners, CTI Life Sciences Fund, Enterprise Partners, Forward Ventures, H&Q Investments, Innovis Investments, Pappas Ventures, VantagePoint Venture Partners, and William Blair Capital Partners.

ParAccel Raises $22M

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The round came from Menlo Ventures, as well as prior ivestors Bay Partners, Mohr Davidow Ventures (MDV), Tao Venture Partners and Walden International. Notably missing from this venture round for the firm was Enterprise Partners, an early backer of the firm. However, Tao Venture Partners, the venture firm of Enterprise's former Managing Director and board representative at ParAccel, Tom Clancy, was a participant.

Ophthonix Gains $25.9M In Series AA

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According to the firm, investors in the new round included Kleiner Perkins Caufield & Byers, Enterprise Partners, DAG Ventures, Gund Investment Corporation, InterWest Partners, Trex Enterprises and Wasatch Advisors' Cross Creek Capital Fund.

ParAccel Doubles Staff, Expands Offices

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The firm--which is backed by Bay Partners, Enterprise Partners, MDV Mohr, Davidow Ventures, and Walden International--said the move was made to accommodate the firm's rapid growth. Russell most recently served as vice president and general manager of HP's Global Alliances, Software Solutions and Enterprise Systems Organizations, and also sits on the boards of GLobal 360, KXEN, and PROS holdings.

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Xirrus In Channel Expansion Effort

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Thousand Oaks-based Xirrus , the developer of Wi-Fi access arrays, looks to be a big channel expansion push, saying Thursday that it has expanded its partnership program in Europe, for the enterprise, as well as for schools and universities. Xirrus said it has launched a channel partner program specifically aimed value added resellers and systems integrators in Europe, as it looks to tackle that new market.

VMIX Adds Reseller

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The firm is backed by JK&B Capital, ATA Ventures, Mission Ventures and Enterprise Partners. San Diego-based VMIX , which provides a platform for publishing and managing online video, reports today that it has signed on an ad agency and reseller, which has resulted in more than 30 customers for the firm.

Q3 Southern California Venture Deals Around $879M

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In terms of venture firms, the most active firms here for Q3 were Western Technology Investment and the Tech Coast Angels, with 3 deals each; Qualcomm Ventures, Benchmark Capital, Mission Ventures, Venrock, Clearstone Venture Partners, Khosla Ventures, Enterprise Partners, J&J Development Corporation, and Domain Associates all had two deals each for the quarter in Southern California.

What Startups Can Learn From The Pizza Business: Samit Varma

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I talked to my partners, who were very supportive, and since then have been off to the races. It''s the same as a software company, which might take a lot of time and investment to develop a software program, and then license it on a per-seat basis to their enterprise partners.

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

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PwC/NVCA said that Mission Ventures and Enterprise Partners were the most active local VCs for the quarter, with five deals each; Clearstone Ventures had four, and DFJ Frontier and Palomar Ventures reported three deals each. PricewaterhouseCoopers and the National Venture Capital Association have weighed in on Q3 venture capital totals, saying that $475.5M was invested in 65 Southern California deals in Q3, compared to $773.3M and 87 deals in Q3 of last year.

VMIX Shuffles Staff, Rolls Out New Player

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Co-founder and EVP Terry Ash is now in charge of partner alliances, and the firm has hired on Dan Charleston as SVP of Business Development. The company is venture backed by ATA Ventures, Enterprise Partners, JK&B Capital, and Mission Ventures. San Diego-based VMIX, a provider of video publishing tools for web publishers, said today that the firm has shuffled its executive staff and delivered a new version of its VMIX Player.

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