Avalon Ventures Backs Indix For E-Commerce Product Data

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. Indix has a giant database of detailed specifications and details of all kinds of products, which are used by e-commerce providers, retailers, brands, and other customers for selling their products. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures. Avalon was one of the lead investors in the last funding round for Indix, which is based Seattle and San Francisco. More information »