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Avalon Ventures Gets Exit At Cloudant

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San Diego-based venture investor Avalon Ventures has scored an exit this morning, after IBM said it has acquired Boston-based Cloudant , a developer of a NoSQL-based, cloud-based database. Cloudant had been backed by Avalon Ventures, Devonshire Investors, In-Q-Tel, Rackspace, Samsung, and Toba Capital, and had only raised around $14.0M

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Proximal Data Gets $2M For Caching Software

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San Diego-based Proximal Data , which develops serve-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The funding came from Divergent Ventures, along with existing investors Avalon Ventures. The firm is led by Rory Bolt. READ MORE>>.

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Proximal Data Acquired By Samsung

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San Diego-based Proximal Data , a developer of storage caching software aimed at use with virtualized systems, has been acquired by Samsung Electronics , Samsung said today. Proximal Data was venture backed by Divergent Ventures and Avalon Ventures, and had only announced around $5M in funding. READ MORE>>.

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StackIQ Acquired By Teradata

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San Diego-based StackIQ , a developer of "bare metal" provisioning software, has been acquired by Teradata , Teradata said on Thursday. Financial terms of the acquisition were not announced. StackIQ was venture backed by Anthem Venture Partners, Grayhawk Capital, Avalon Ventures, and crowdfunding site OurCrowd.

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Intercasting Acquired By Good Technology

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San Diego-based Interacasting Corporation , a provider of mobile social networking software, has been acquired by Good Technology, the firms said this morning. Financial terms of the acquisition were not disclosed. Tags: telecom mobile acquisition merger technology good interacasting. READ MORE>>.