Iron Horse to raise up to $10 mln Series A

By Iris Dorbian — 3 months ago

Avalon Ventures and GlaxoSmithKline have launched Iron Horse Therapeutics, which will receive up to $10 million in Series A funding. The seventh company to be formed by the Avalon/GSK partnership, Iron Horse is focused on developing new treatments for ALS.

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Mogl Network raises $8 mln

By Luisa Beltran — 6 months ago

Mogl Network said Tuesday it raised another $8 million in funding led by Aequitas Capital Management. Also participating in the round were Avalon Ventures, Correlation Ventures, Sigma Partners, Sysco Ventures, Monroe Capital and Moore Venture Partners. San Diego-based Mogl aims to provide an online to offline real-time commerce platform.

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AeroFS nets $10 mln Series B

By Iris Dorbian — 7 months ago

Palo Alto, California-based AeroFS, a provider of private cloud collaboration solutions, has raised $10 million in Series B funding. Avalon Ventures and NHN Investment led the round. In addition to the funding, Woo Kim of NHN Investment has been added to AeroFS board of directors.

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Indix snags $15 mln

By Iris Dorbian — 8 months ago

Product intelligence solutions provider Indix has secured $15 million in funding. The investors were Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures.

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Ankasa grabs $8.5 mln in first tranche of $17 mln Series A

By Iris Dorbian — 8 months ago

Biopharmaceutical company Ankasa Regenerative Therapeutics, which focuses on stem cell reactivation, has secured $8.5 million in the first tranche of a $17 million Series A funding round. Avalon Ventures was the lead investor. Heraeus Medical and Correlation Ventures are among the other backers that participated in the round.

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Nanigans raises $24 mln Series B

By Luisa Beltran — 11 months ago

Nanigans Inc. said Wednesday that it has closed a $24 million Series B financing led by Cheetah Mobile. Avalon Ventures and Wellington Management Company LLP also invested. Boston-based Nanigans provides social and mobile advertising software.

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Redbooth snags $11 mln Series B

By Iris Dorbian — 1 year ago

Redbooth has raised $11 million in Series B funding. Altpoint Ventures and Avalon Ventures led the round. Based in Redwood City, Calif., Redbooth is a collaboration and communication platform.

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StackIQ nabs $6 mln Series B

By Iris Dorbian — 1 year ago

StackIQ has raised $6 million in Series B funding. The investors included Grayhawk Capital, Keshif Ventures, DLA Piper, OurCrowd, Anthem Venture Partners and Avalon Ventures. Also, the firm has named John Oh as vice president of marketing. StackIQ is a provider of web-scale IT automation for business.

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Avelas Biosciences Extends Series B Financing to $7.4 Million

By Joanna Glasner — 1 year ago

Avelas Biosciences, an in vivo cancer diagnostic company for oncologic surgeries, announced that it has closed on the second tranche of its Series B financing bringing the total funds raised in the round to $7.4 million. Participants in the financing included founding investor, Avalon Ventures, as well as existing investors Torrey Pines Investment, WuXi PharmaTech Investments, […]

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