article thumbnail

Avalon Ventures Raises $201.6M As Part Of $250M Venture Fund

socalTECH

In what is a rarity nowadays for a Southern California venture capital fund, San Diego- and Cambridge-based venture capital firm Avalon Ventures has just closed on $201.6M in commitments for a $250M fund, Avalon Ventures X. The funding was disclosed via a regulatory filing Thursday. READ MORE>>.

Avalon 184
article thumbnail

Avalon Funds Internet Comedy Site Cheezburger

socalTECH

San Diego-based venture capital firm Avalon Ventures has boosted an Internet web site publisher known for its humorous, captioned pictures of cats and use of Internet memes, Cheezburger. Avalon's Levandov is also on the board and led the venture firm's investment in hot Internet social gaming firm Zynga.

Avalon 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Avalon Ventures Closes $200M Fund

socalTECH

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
article thumbnail

Avalon Ventures Backs LoopIt

socalTECH

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. Size of the funding was not announced. Avalon's Rich Levandov was involved in the investment. LoopIt is based in Cambridge, Mass.,

Avalon 159
article thumbnail

Avalon Ventures Backs Teambox

socalTECH

San Diego-based venture investor Avalon Ventures is the lead investor in a round for a developer of cloud-based, business collaboration software today. The company says it has now raised $7M for the company, including an earlier seed funding. The company says it has now raised $7M for the company, including an earlier seed funding.

Avalon 147
article thumbnail

Avalon Ventures Gets Exit At Cloudant

socalTECH

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

Avalon 173
article thumbnail

Avalon Leads Investment In Standing Cloud

socalTECH

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.

Avalon 154