socalTECH

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.

Avalon 140

Avalon Funding High Tech San Diego 140

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JANUARY 16, 2013

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt , according to the companies. Avalon's Rich Levandov was involved in the investment. Size of the funding was not announced. LoopIt is based in Cambridge, Mass.,

Avalon 159

Avalon San Diego Incubator Invest 159

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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>>.

Avalon 147

Avalon Media San Diego Advertising 147

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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.

Avalon 150

Avalon SoCal Southern California San Diego 150

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JULY 16, 2013

In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area''s growing startup market. core innovation capital venture investment fund' The firm''s efforts here are headed by Arjun Schutte. READ MORE>>.

Capital 174

Capital Southern California Avalon SoCalTech 174

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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.

Avalon 140

Avalon Southern California Class Marketing 140

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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>>.

Avalon 100

Avalon San Diego Startup Venture Capital 100

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JULY 18, 2013

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. The report comes every quarter from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. in investments across 90 deals. in investments across 90 deals. READ MORE>>.

Southern California 187

Southern California Venture Capital Tech Coast Angels Capital 187

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JUNE 24, 2011

CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

Clearstone 220

Clearstone Avalon Southern California Santa Monica 220

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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.

Avalon 100

Avalon Commerce Mobile Software 100

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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>>.

Avalon 100

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>>.

Avalon 113

Avalon Company Companies San Diego 113

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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. READ MORE>>.

Avalon 100

Avalon Funding Venture Capital Invest 100

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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.

Avalon 100

Avalon San Diego Startup Funding 100

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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>>.

Avalon 100

Avalon Commerce Product San Diego 100

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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>>.

Avalon 100

Avalon Company Companies San Diego 100

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JULY 17, 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.

Southern California 240

Southern California El Segundo Culver City Orange County 240

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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. disease celiac lifescience biotech capital venture glaxosmithkline pharmaceuticals sitary ventures avalong' READ MORE>>.

Avalon 153

Avalon San Diego Capital Funding 153

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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. stackiq venture capital automatoin software enterprise hadoop' The company said the new funding will go toward scaling sales and marketing. The company is led by Tim McIntire. READ MORE>>.

Avalon 174

Avalon Anthem San Diego Venture Capital 174

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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. sidecar venture capital ridesharing uber lyft expansion mobile smarpthone'

Avalon 153

Avalon San Diego Venture Capital Mobile 153

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NOVEMBER 13, 2017

Del Mar-based ScoreStream , the crowdsourced local sports startup led by Derrick Oien, said last week that it has added new funding from Intel Capital. According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures. Details on the size of that funding round were not announced.

Capital 113

Capital Funding Avalon Press 113

socalTECH

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.

Avalon 150

Avalon San Diego Venture Capital Study 150

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APRIL 19, 2012

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011.

Southern California 221

Southern California Venture Capital Orange County Avalon 221

socalTECH

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. Tags: otonomy venture capital biopharmaceuticals biopharma middle disorder biotech lifescience pharma.

Avalon 159

Avalon San Diego Venture Capital Capital 159

socalTECH

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.

Avalon 138

Avalon San Diego Funding Capital 138

socalTECH

APRIL 14, 2011

The latest venture capital numbers from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters, was released tonight, showing that Southern California had $493.2M Nationally, venture capital investment up slightly, at $5.9 Investments were down from $625.4M

Southern California 186

Southern California Invest Orange County Tech Coast Angels 186

socalTECH

MARCH 9, 2010

Chumby has previously gained funding from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Tags: chumby venture capital internet clock radio linux. The filing indicates the funding is part of an ongoing, $5.0m funding round the company kicked off in May of last year. READ MORE>>.

Avalon 145

Avalon San Diego Venture Capital Capital 145

socalTECH

SEPTEMBER 10, 2014

The second tranche of the company''s Series B came from investors Avalon Ventures, Torrey Pines Investment and WuXi PharmaTech Investments. avelas biosciences venture capital cancer diagnostics molecular peptide flouresce flourescence surgery lifescience' in a Series B funding. READ MORE>>.

Avalon 147

Avalon San Diego Venture Capital Research 147

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JUNE 1, 2010

No details on this funding round have been announced by the company, however, the firm is backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Tags: chumby venture capital linux internet electronic device consumer. READ MORE>>.

Avalon 150

Avalon San Diego Venture Capital News 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.

Report 157

Report Avalon San Diego News 157

socalTECH

JULY 21, 2011

Amira Pharmaceuticals was venture backed by Avalon Ventures, Novo A/S,Prospect Venture Partners, and Versant Ventures. The firm had raised somewhere around $40M in venture capital funding. Bristol-Myers Squibb said it would pay $325M upfront, and up to $150M in milestone payments, for Amira.

Avalon 150

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 did not say how many people it plans to hire in LA. READ MORE>>.

Media 164

Media Avalon San Diego Advertising 164

socalTECH

OCTOBER 4, 2010

Chumby has previously raised funding from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Tags: chumby venture capital software internet electronics device linux. According to the filing, the funding came in the form of debt and warrants, most likely a convertible debt round.

Avalon 145

Avalon San Diego Venture Capital Software 145

socalTECH

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.

Avalon 147

Avalon Funding San Diego Develop 147

socalTECH

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.

Avalon 100

Avalon San Diego Venture Capital Capital 100

socalTECH

DECEMBER 16, 2010

The company is headed by Derrick Oien, and has venture backing from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Chumby has a catalog of over 1500 applications to stream Internet content to devices such as its Internet-enabled clock radio. READ MORE>>.

Avalon 160

Avalon Slides San Diego Software 160

socalTECH

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>>.

Avalon 138

Avalon San Diego Study Technology 138