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Palomar Ventures Backs Damballa

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Santa Monica-based venture capital firm Palomar Ventures has re-upped its investment in a security software firm Damballa , which is based in Atlanta, as part of a new $12M funding round for that company. Palomar's Jim Gauer sites on the board of Damballa.

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Palomar Ventures Boosts MyBuys

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Santa Monica-based venture capital firm Palomar Ventures has re-upped its investment in Redwood City-based MyBuys , a provider of marketing personalization and recommendations software. The round was led by Rho Ventures , and included continued participation from Palomar Ventures and Lightspeed Ventures. READ MORE>>.

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Palomar Ventures Teams With Soros On Wireless Investment

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Los Angeles-based Palomar Ventures is in a new funding with Soros Fund Management, in a deal worth $128.4M Palomar is represented on ExteNet's board by Kevin Jacques. Tags: palomar ventures extenet soros wireless. to Illinois wireless firm ExteNet Systems. ExteNet designs, builds and operates distributed wireless networks.

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CalPERS Sells Palomar Ventures Stake

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CalPERS, the California pension fund which is a major limited partner in venture capital funds here, apparently sold its stake in Palomar Ventures III, L.P. A partner at Palomar Ventures declined to comment, saying that the firm has a "hard and fast" policy of not commenting on matters related to LPs. sometime earlier this year.

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Truepic Takes $26M For Photo Verification

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The company said its technology is being used by such customers as Accion Opportunity Fund, Equifax, EXL Service Inc, Ford Motor Company, Palomar Holdings Inc., Transunion, and United Nations Capital Development Fund (UNCDF). Jeffrey McGregor is CEO of Truepic.

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Kevin Jacques Now Head Of Visa Ventures

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Kevin Jacques , a former Los Angeles venture capitalist who was at Palomar Ventures, has surfaced as the head of Visa Ventures , the venture arm of Visa. According to Jacques' LinkedIn profile, he became Vice President and Head of Visa Venturs, based in the San Francisco Bay Area, in October.

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Crosscut Ventures Raising Second Fund

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Garrett and Smith are venture veterans, with Smith having been at SunAmerica Ventures and Palomar Ventures before Crosscut, with Garrett also spending time at Palomar, in addition to other technology and investment experience. READ MORE>>.

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