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BA Venture Partners, a Foster City, Calif. venture capital firm, said it today it has relaunched as Scale Venture Partners.

The name change comes because the firm's initial investor, or limited partner, Bank of America, has become a minority investor in the firms second $400M fund.

BA Ventures said it has performed in the top quartile of venture capital firms, and finished last year with eight of the companies it backed going public or getting sold.

IPOs included Somaxon (NASDAQ: SOMX) and Omniture (NASDAQ: OMTR), and acquisitions included Outer Bay (acquired by Hewlett Packard), Good Technology (acquired by Motorola), Entone (acquired by Harmonic) and US HealthWorks (sold to a buyout consortium). In addition, Glu Mobile and Orexigen each filed S-1 documents in December 2006 for upcoming IPOs.

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