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

socalTECH

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.

Avalon 100

Avalon San Diego Startup Venture Capital 100

socalTECH

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.

Avalon 100

Avalon San Diego Software Invest 100

socalTECH

JANUARY 17, 2011

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. Other investors in the company include Foundry Group, Madrona Ventures, and SoftBank Capital.

Avalon 160

Avalon Sites Funding San Diego 160

socalTECH

DECEMBER 2, 2010

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

Avalon Invest Cloud Computing San Diego 154

socalTECH

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.

Avalon 113

Avalon Company Companies San Diego 113

socalTECH

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

socalTECH

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

socalTECH

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

socalTECH

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

socalTECH

JULY 18, 2013

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M However, venture dollars invested were above Q1, when Southern California saw $569.1M in investments across 90 deals.

Southern California 187

Southern California Venture Capital Tech Coast Angels Capital 187

socalTECH

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

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. READ MORE>>.

Avalon 153

Avalon San Diego Venture Capital Mobile 153

socalTECH

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. READ MORE>>.

Avalon 174

Avalon Anthem San Diego Venture Capital 174

socalTECH

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

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

Xconomy

SEPTEMBER 11, 2019

GlaxoSmithKline is acquiring a startup it helped launch in 2013 as part of an alliance with life sciences venture capital firm Avalon Ventures. Avalon said Tuesday that GSK (NYSE: GSK ) has agreed to buy the company, Sitari Pharmaceuticals, which has been developing a treatment for celiac disease.

Avalon 56

Avalon Invest Southern California Develop 56

socalTECH

JULY 13, 2020

The company appears to be another company emerging from COI Pharmaceutiacls , the life sciences incubator and support entity created by Avalon Ventures to support its portfolio companies, as Sanford Madigan, Jay Lichter, and Tighe Reardon are all listed as officers of the new company. The funding was disclosed in a regulatory filing.

Avalon 113

Avalon Incubator Funding Company 113

socalTECH

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

Southern California 240

Southern California El Segundo Culver City Orange County 240

socalTECH

MARCH 29, 2021

The funding included Avalon Ventures, Bregua Corporation, Lilly Asia Ventures, Osage University Partners, and Vivo Capital, as well as new investors, the Myeloma Investment Fund, the venture philanthropy fund of the Multiple Myeloma Research Foundation (MMRF), and Prostate Cancer Foundation (PCF).

Avalon 113

Avalon San Diego Research Funding 113

socalTECH

MARCH 13, 2014

AnapytsBio is venture backed by Alloy Ventures, Avalon Ventures, Frazier Healthcare Ventures and Novo A/S. anaptysbio biotech lifescience therapeutics venture capital tesaro licensing deal strategic' READ MORE>>.

Avalon 138

Avalon San Diego Venture Capital Research 138

socalTECH

JULY 28, 2020

The funding came from Ascension Ventures and.406 406 Ventures, and comes on top of an earlier tranche of Series B funding from Cigna, MemorialCare Health System, Avalon Ventures, the University of Colorado's Healthcare Innovation Fund, and Stanford Health Care.

Funding 100

Funding Avalon San Diego Software Development 100

socalTECH

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

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

socalTECH

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.

Capital 174

Capital Southern California Avalon SoCalTech 174

socalTECH

APRIL 6, 2015

The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group. Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media).

Avalon 100

Avalon San Diego Incubator News 100

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

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

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

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

Southern California 186

Southern California Invest Orange County Tech Coast Angels 186

socalTECH

APRIL 21, 2014

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. in funding.

Southern California 165

Southern California Orange County San Diego Avalon 165

socalTECH

JULY 15, 2010

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). The increasing venture activity seems to indicate a recovery in the outlook for startups here.

Southern California 174

Southern California Orange County Rustic Canyon SoCal 174

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. Terms of the debt funding were not announced by the companies.

Avalon 147

Avalon Funding San Diego Develop 147

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 READ MORE>>.

Avalon 145

Avalon San Diego Venture Capital Capital 145

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.

Avalon 138

Avalon San Diego Study Technology 138

socalTECH

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

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. Source of the new funding was not disclosed. The company is headed by Derrick Oien.

Avalon 145

Avalon San Diego Venture Capital Software 145