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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. Avalon''s Rich Levandov was involved in the funding effort. READ MORE>>.
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 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.
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. AeroFS said the Series B funding also included NHN Investment. Avalon's Rich Levandov represents Avalon Ventures on the AeroFS board.
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. in a Series A funding. Avalon's Rich Levandov and Brady Borhmann both join Averon's board with the funding round. READ MORE>>.
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. Averon said today that it has raised $5M in a Series A funding round. Avalon Ventures' investment was managed by Brady Bohrmann. READ MORE>>.
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. The company said the funding will go to towards accelerating expansion of its platform across the country. READ MORE>>.
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. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. The company is led by Tim McIntire.
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.
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. Details on the size of that funding round were not announced. According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures.
in funding, according to a regulatory filing by the firm Monday. According to the filing, the funding came in the form of debt and warrants, most likely a convertible debt round. Source of the new funding was not disclosed. Chumby recently licensed the firm's technology to automotive software firm QNX Software Systems.
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. The funding came from Ascension Ventures and.406 The funding came from Ascension Ventures and.406 The company is led by CEO Brooke LeVasseur.
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>>.
The biggest deal for the quarter was for Venice-based photo messaging app developer Snapchat , which raised a huge, $60M funding round in the quarter. By far, the largest investment category for the quarter was software--helped by Snapchat--with $177.872M in investments for Q2, according to the report.
in funding, followed by San Diego with $242.98M in investments, and $209.97M in investments in Orange County. in the quarter, followed by San Diego''s Lumena Pharmaceuticals with $45.5M; the third largest funding was for Aliso Viejo-based Aquesys raised $43.6M in funding. in funding. The investment of $762.8M
San Diego-based AristaMD , which is developing software tools to help coordinate referrals by physicians to specialists, has raised $11M in a Series A funding round. The funding was led by Avalon Ventures, and also included Correlation Ventures.
in a Series D funding. The firm said the round was led by Cardinal partners, and also included Venrock and prior investor Avalon Ventures. Awarepoint said the funding will go towards expansion of its product in both domestic and international markets. READ MORE>>
The largest funding round was for PICS Auditing , which provides screening of contractors, which is in Irvine; the firm raised $35M in funding. In terms of industries, Software was the most popular investment area for Southern California, with $177.3M San Diego had $178.3M in 26 deals, also down compared to the $382.5M
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. million in a Series A round that includes Intel Capital as an investor.
We seem to receive lots of pitches from companies looking to attack the mobile market with their mobile software applications, but few who have deployed on-deck with carriers. in funding from Venrock, Avalon, and Masthead. Intercasting is backed by $17.5M What exactly are your mobile social networking applications?
Alex Roudi, the San Diego investor backing the Plug and Play program here, has described the local effort as a bridge to Silicon Valley, by enabling the San Diego companies to make connections and raise funding in the Bay Area. It’s really cool.”. Reprints | Share: UNDERWRITERS AND PARTNERS.
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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