[Avenda Systems Secures $5 Million in Series B Funding From OVP Venture Partners].
For 25 years, OVP Venture Partners has led the drive into new, high-growth technology markets in the Pacific Northwest. OVP's record of 52 liquidity events -- including 22 IPOs -- leads the region. OVP has over $750 million in capital under management and is currently investing its seventh fund. The firm concentrates on opportunities at the intersection of technology's next big waves and the foundational strengths native to the region. OVP has offices in Seattle, WA and Portland, OR and focuses on investments in communications, software, digital media, cleantech, security, semiconductors, digital biology, and nanotechnology.

Avenda Systems is also funded by private investors, United States Department of Defense (DoD), including U.S. Air Force and Missile Defense Agency, and Department of Homeland Security.