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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
San Diego-based venture investor Avalon Ventures is the lead investor in a round for a developer of cloud-based, business collaboration software today. Avalon''s Rich Levandov was involved in the funding effort. teambox avalon ventures cloud software collaboration saas venture capital' READ MORE>>.
San Diego-based venture capital firm Avalon Ventures has led an investment in a cloud computing company, Standing Cloud , based in Boulder, Colorado. According to Standing Cloud, it received a $3M, Series B financing from Avalon, which also included the firm's prior investor, The Foundry Group.
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>>.
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.
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>>.
The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. StackIQ develops IT automation software for deploying big data and cloud applications on Hadoop. stackiq venture capital automatoin software enterprise hadoop' READ MORE>>.
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.
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.
According to the firm, its app--available on the Android Market for $4.99--brings the firm's software to Android 2.2 Chumby's software runs mini apps for viewing stock quotes, weather, video clips, slide show, and other information. ,/p>. READ MORE>>.
Chumby has previously raised funding from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Chumby's Internet device allows users to run information widgets, and includes tools for developers which makes it easy to create those software widgets to connect to Internet services.
San Diego-based Chumby , the developer of a Linux-based, programmable device which connects to Internet information, has linked with QNX Software Sytsems Co. , Chumby is headed by Derrick Oien, and backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. READ MORE>>.
The latest numbers are out on venture capital investments in Southern California from PricewaterhouseCoopers and the National Venture Capital Association, finding that the region had nearly $762.88M invested in companies in the region during Q1 of 2014. Industry wise, the most active sector was Software, which had a commanding $253.5M
San Diego-based StackIQ , a developer of "bare metal" provisioning software, has been acquired by Teradata , Teradata said on Thursday. StackIQ was venture backed by Anthem Venture Partners, Grayhawk Capital, Avalon Ventures, and crowdfunding site OurCrowd. Financial terms of the acquisition were not announced.
San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round.
Venture capital investments saw a sharp drop in Q1 in Southern California, according to the latest venture numbers from the MoneyTree report. The report, released by PricewaterhouseCoopers and the National Venture Capital Association over the weekend, tallied up $534.3M That''s a 44 percent drop year-to-year for deals in Q1.
San Diego-based Chumby, which makes Internet-connected devices, has rolled out a new reference design that incorporates the firm's software to create Internet-connected digital photo frames. Chumby is venture backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures.
San Diego-based telemedicine and telehealth software developer AristaMD has added another $6M to the company's Series B, bringing the total to $24M, the company said on Monday. AristaMD develops telehealth software used for virtual consultations, allowing primary care physicians to consult with medical specialists virtually.
Chumby develops a Linux-based software set and hardware which allows users to pull Internet content--including news, weather, social networking pages, videos, and more--onto a alarm-clock like, Wi-Fi connected device. Chumby is venture backed by Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures.
The firm said the round was led by Cardinal partners, and also included Venrock and prior investor Avalon Ventures. The firm offers its services as software-as-a-service to the healthcare industry. Awarepoint said the funding will go towards expansion of its product in both domestic and international markets.
million in a Series A round that includes Intel Capital as an investor. According to a recent ScoreStream statement , San Diego’s Avalon Ventures, a longtime ScoreStream investor, led the round, and was joined by Sinclair Broadcasting, Verizon Ventures, and R/GA Ventures, the investment arm of the advertising agency R/GA.
After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. It's actually nice that there is a shortage of capital for sports startups. Derrick Oien: We started ScoreStream three years ago.
After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. It's actually nice that there is a shortage of capital for sports startups. Derrick Oien: We started Sportstream three years ago.
1) “On the software side of things (we’re not looking at driverless cars yet, that’s another topic in itself), in the next couple of years, we believe we’re at a tipping point with software experiences. This topic, software making the car a better experience, is really exciting.
I have a vast network of friends in San Diego and Mexico City who are serial investors,” said Cohen, who is a principal at Walket Capital and affiliated with LM Advisors, a San Diego investment firm with over $1.3 (The other partners are Edward Adato and Daniel Schwarzblat.). “I billion under management. Downtown Works Interior.
Awarepoint, the San Diego healthtech startup that specialized in real-time location systems for tracking medical equipment and people in hospitals and clinics, has gone 404. That’s the error code message that comes up for a website that no longer exists.
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