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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.
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>>.
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.
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.
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>>.
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. READ MORE>>.
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>>.
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>>.
San Diego-based server side caching software developer Proximal Data has inked a deal with LSI Corporation , where LSI will integrate its server-side caching technology with a PCIe flash application acceleration product. Proximal Data is venture backed by Divergent Ventures and Avalon Ventures. 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.
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.
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. Other large deals included aTyr Pharma , in San Diego, which raised $38.75M, and Aliso Viejo-based Vertos Medical , which raised $22.75M.
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. ScoreStream said the funds go towards new product enhancement and extension of its platform.
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.
San Diego-based Interacasting Corporation , a provider of mobile social networking software, has been acquired by Good Technology, the firms said this morning. Financial terms of the acquisition were not disclosed. The firm's customers included AT&T, Boost Mobile, Spring, T-Mobile, Verizon, Virgin MObile, and others. READ MORE>>.
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.
The most active Southern California-based venture capital investors for Q1 were Correlation Ventures (10 investments); Upfront Ventures (9 deals); and Avalon Ventures (5 deals); Frost Data Capital invested in 4 companies during the quarter. Industry wise, the most active sector was Software, which had a commanding $253.5M
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.
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.
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.
In terms of industries, Software was the most popular investment area for Southern California, with $177.3M Finally, looking at venture capital investors, the most active investors in the region were Siemer Ventures (10 investments); Correlation Ventures (8); Qualcomm Ventures (7), and Avalon Ventures (5). for its medical devices.
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?
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. At that point, is when we ended up raising a convertible note from NEA and Avalon, to prepare for the football season. I was at MP3.com,
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. At that point, is when we ended up raising a convertible note from NEA and Avalon, to prepare for the football season. I was at MP3.com,
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.
To Walt Tendler, a consultant who has worked as the chief financial officer at San Diego-based Avalon Ventures and Mission Ventures, the proliferation of co-working spaces is making downtown San Diego “a really entrepreneur-friendly 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.
View the Slideshow In the not-too-distant future, a “planetary” computer will be able to create a computational model of your body, with the ability to run simulations of your health and to anticipate chronic disease before you show any symptoms.
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