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JULY 31, 2012

Avalon Ventures , the La Jolla- and Cambridge-based venture capital firm, has backed a new startup, Pingup , which lets consumers text nightclubs for reservations and information. According to Pingup Tuesday, it raised $1M in a seed funding round from Avalon Ventures, led by Brady Bohrmann.

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JANUARY 10, 2011

San Diego-based Avalon Ventures , a venture capital firm focused on early stage high tech, digital media, and life sciences firms, said today that it has closed on $200M in capital commitments for its latest fund. Avalon said that the fund, Avalon Ventures IX, LP, is the ninth and largest fund for the company.

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OCTOBER 18, 2012

San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media , to the tune of $2M. Selectable Media, which is based in New York, lets users opt into branded video advertising in exchange for free access to content on web and mobile apps. READ MORE>>.

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MARCH 15, 2012

San Diego-based Avalon Ventures , one of the venture capital investors in social gaming phenomenon Zynga , may be set to cash in on its shares of the newly public gaming firm, after Zynga said this week that it is planning a $400M, secondary offering of its stock.

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JULY 1, 2011

Among the investors who may benefit from a successful IPO are La Jolla-based Avalon Ventures , run by Kevin Kinsella, Stephen Tomlin, Richard Levandov, Brady Bohrmann, Doug Downs and Jay Lichter, which before the IPO owned 6.1 According to Zynga, it is looking to raise up to $1 billion on the public markets. percent of Zynga.

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OCTOBER 25, 2017

La Jolla-based Avalon Ventures is the lead investor in the Series A round for Averon , a developer of mobile identity verification software this week. Avalon's Rich Levandov and Brady Borhmann both join Averon's board with the funding round. Averon, which is based in San Francisco, said it has raised $8.3M in a Series A funding.

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JULY 14, 2015

San Diego-based venture investor Avalon Ventures is the lead investor in a new, $10M funding round for AeroFS , a developer of private cloud collaboration software. Avalon's Rich Levandov represents Avalon Ventures on the AeroFS board. AeroFS said the Series B funding also included NHN Investment. READ MORE>>.

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Avalon San Diego Software Invest 100

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MAY 20, 2016

San Diego-based Avalon Ventures , and COI Pharmaceuticals , the company established by Avalon to help form new biotech companies, said today that the first two companies that it has formed with GlaxoSmithKline have met their first milestones, and that it has spun up a new company with GSK as part of their collaboration. READ MORE>>.

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JUNE 15, 2015

San Diego-based Avalon Ventures said this morning that it has launched and funded three, new companies as part of its deal with GSK. Avalon Venturs said that Adrenergics , CadheRx Therapeutics , and Calporta Therapeutics have all received $10M in Series A funding, and will receive R&D support from Avalon Ventures and GSK.

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SEPTEMBER 11, 2019

San Diego-based biotech investor Avalon Ventures has scored an exit, saying late Tuesday evening that it has entered into a definitive agreement with GlaxoSmithKline (GSK), to sell Sitari Pharmaceuticals to GSK. According to Avalon Ventures, Sitari was the very first company to be formed under the GSK-Avalon venture collaboration, in 2013.

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SEPTEMBER 23, 2014

San Diego-based venture capital investor Avalon Ventures and biopharmaceuticals firm GlaxoSmithKline said Monday that the two have teamed up to fund and launch up to 10, early stage life science companies. According to Avalon Ventures and GSK, they will provide up to $495M to fund those ten new companies. READ MORE>>.

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JUNE 24, 2015

San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures. READ MORE>>.

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NOVEMBER 9, 2015

San Diego-based venture investor Avalon Ventures , along with biopharmaceuticals firm GSK said this morning that the two companies are spinning out a new company, Iron Horse Therapeutics , backed by $10M in funding. Avalon Ventures said that Iron Horse is the seventh company launched out of its collaboration with GSK. READ MORE>>.

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MARCH 21, 2018

La Jolla-based venture investor Avalon Ventures is the lead investor in a round for San Francisco-based Averon , a developer of mobile identity verification software. The funding was led by Avalon Ventures, and also included Salesforce founder and CEO Marc Benioff. Avalon Ventures' investment was managed by Brady Bohrmann.

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Avalon Mobile Software Networking 100

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SEPTEMBER 14, 2015

La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. Avalon invests in both life sciences and technology companies, and invests in seed an dearly stage companies.

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JUNE 24, 2011

Second on the returns list was Avalon Ventures VIII, L.P. Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , a 1999-vintage fund from Santa Monica-based Clearstone, which had an IRR of 154.7 percent IRR for the La Jolla fund, vintage year 2007.

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NOVEMBER 22, 2013

San Diego-based Avalon Ventures announced this morning that it has launched a new company, Sitari Pharmaceuticals , with $10M in a Series A financing.

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FEBRUARY 5, 2014

Inogen is venture backed by Novo AS, Versant Ventures, Arborteum Ventures, Avalon Ventures, and Accuitive Medical Ventures. Inogen''s portable oxygen concentrators are used as an alternative to bulky and inconvenient oxygen canisters. READ MORE>>. inogen merger acquisition exist medical equipment lifescience ingn'

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NOVEMBER 13, 2019

Another of the biopharma startups created as part of a collaboration between San Diego investment firm Avalon Ventures and GlaxoSmithKline has been acquired—but not by GSK. Debuting in COI (which stands for “community of innovation”). Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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SEPTEMBER 15, 2014

The company--which competes against such companies as Uber, Lyft, Flywheel, Taxi Magic, and others in region--said the funding came from Avalon Ventures, Union Square VEnturs, and new investor Sir Richard Branzon. Avalon Ventures is also based in San Diego.

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MARCH 5, 2013

Carolus Therapeutics is venture backed by Avalon Ventures, and is headed by Court Turner, who is both CEO of Carolus and a venture partner at Avalon. According to Square 1, the new funding will go support future growth at Carolus. The firm's biopharmaceuticals are aimed at respiratory diseases such as cystic fibrosis.

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AUGUST 30, 2010

The round was led by Novo Ventures and RiverVest Venture Partners, and also includes Domain Associates, TPG Biotech, and Avalon Ventures. Otonomy said its last funding was $10M in a Series A, from Avalon, in June, bringing its total raised to $48.5M. in a Series B financing.

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OCTOBER 22, 2014

The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. San Diego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company.

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DECEMBER 6, 2012

The funding came from Avalon Ventures. The firm's CEO is currently Jay Lichter, who is also a Managing Director at Avalon Ventures. San Diego-based Avelas Biosciences has raised $7.65M in a Series A funding round, which it says will go towards clinical studies for its technology for real-time tumor visualization. READ MORE>>.

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SEPTEMBER 11, 2012

MOGL is venture backed by Sigma Partners, Austin Ventures, and Avalon Ventures. The startup has a significant number of participating restaurants in Southern California, with at least 500 restaurants in its hometown of San Diego, and many more nationwide. READ MORE>>.

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Avalon Southern California San Diego Startup 178

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JULY 17, 2014

The most active venture and angel investment groups investing in the region were the Tech Coast Angels , with 8 investments; the Pasadena Angels (5 investments); followed by Kleiner Perkins Caufield & Byers (4 investments); Avalon Ventures (4 investments); Upfront Ventures (4 investments). Nationally, there was $13.0

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JANUARY 9, 2014

The company said the funding came from Avalon Ventures, and also included Torrey Pines Investment, WuXi AppTec, and an additional, un-named investor. As part of the funding, the company named Carmine Stengone as CEO, and appointed Nikolay Savchuk of Torrey Pines to its board, and appointed Jay Lichter of Avalon as Chairman.

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JUNE 9, 2010

Source of the new funding was not disclosed, however, one of its founders, Jay Lichter, is at San Diego venture firm Avalon Ventures, which has previously backed the company. San Diego-based Otonomy , a biopharmaceuticals firm developing drug therapies to treat inner and middle ear disorders, has raised $10.56M as part of an ongoing, $26.0M

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MAY 9, 2014

The startup--which is backed by Avalon Ventures--operates a financial service which lets consumers in the U.S. San Diego-based Quippi said this week that it has expanded its list of partners in Mexico. send money in the form of gift cards to their friends and family in Mexico.

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Avalon San Diego Services Funding 174

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JANUARY 31, 2012

The second round came from Sigma Partners, Austin Ventures, and Avalon Ventures. San Diego-based MOGL , which operates a customer loyalty program for restaurants focused on game mechanics, said today that it has raised $10M in a round of funding. The firm said the new funds go towards expansion into new target markets.

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Avalon San Diego Competition Funding 150

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APRIL 20, 2012

Chumby--which had been backed by JK&B Capital, Avalon Ventures, Masthead Venture Partners, and O'Reilly AlphaTech Venture--was known for its Linux-based, open platform which let users access Internet content and other services.

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Report Avalon San Diego News 157

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JULY 21, 2011

Amira Pharmaceuticals was venture backed by Avalon Ventures, Novo A/S,Prospect Venture Partners, and Versant Ventures. San Diego-based Amira Pharmaceuticals , a developer of small molecule pharmaceuticals for treating inflammatory and fibrotic diseases, has agreed to be acquired by Bristol-Myers Squibb , the firms said late Thursday.

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Avalon San Diego Venture Capital Capital 150

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FEBRUARY 27, 2013

Selectable Media is venture backed by Microsoft's Bing Fund, and also scored a round last October from Avalon Ventures, the San Diego venture capital firm. The company also said it has added Dan Feldstein as its Director of Marketing. The company did not say how many people it plans to hire in LA. READ MORE>>.

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Media Avalon San Diego Advertising 164

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JUNE 9, 2009

Details on the funding have not been announced, however, the company is venture backed by Avalon Ventures. Avalon's Jay Lichter is listed as the firm's CEO. Tags: afraxis venture capital biotech lifescience autism avalon ventures.

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Avalon San Diego Venture Capital Capital 100

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SEPTEMBER 10, 2014

The second tranche of the company''s Series B came from investors Avalon Ventures, Torrey Pines Investment and WuXi PharmaTech Investments. San Diego-based Avelas Biosciences , which is developing cell penetrating peptides to light up cancerous tissue in patients during surgery, has raised $7.4M in a Series B funding. READ MORE>>.

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DECEMBER 2, 2013

Inogen is venture backed by Novo A/S, Versant Ventures, Arboretum Ventures, Avalon Ventures, AMV Partners, and others. The company''s IPO is being underwritten by J.P. Morgan, Leerink Swann, William Blair, and Stifel. READ MORE>>. inogen merger acquisition copd ingn portable oxygen concentrator lifescience medical device'

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Avalon Acquisition Marketing Develop 153

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OCTOBER 20, 2014

AnaptysBio is backed by Alloy Ventures, Avalon Ventures, Frazier Healthcare Ventures, Novo A/S, Numenor Ventures, WS Investments, and others. Londei was most recently at Bristol-Myers Squibb (BMS) where he was Therapeutic Area Head, Immunosciences. READ MORE>>.

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Develop Development Avalon San Diego 147