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Avalon Ventures Backs Selectable Media

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San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media , to the tune of $2M. Selectable Media, which is based in New York, lets users opt into branded video advertising in exchange for free access to content on web and mobile apps. READ MORE>>.

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Avalon Ventures Closes $200M Fund

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San Diego-based Avalon Ventures , a venture capital firm focused on early stage high tech, digital media, and life sciences firms, said today that it has closed on $200M in capital commitments for its latest fund. Avalon said that the fund, Avalon Ventures IX, LP, is the ninth and largest fund for the company.

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Selectable Media Expands To LA

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Selectable Media , a digital advertising firm which lets users unlock digital content in exchange for interacting with brand advertising, said today that it has expanded to Los Angeles, as part of a growth in its footprint. The expansion came alongside the opening of a new office in Chicago. READ MORE>>.

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ScoreStream Adds New Funding From Intel Capital

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Del Mar-based ScoreStream , the crowdsourced local sports startup led by Derrick Oien, said last week that it has added new funding from Intel Capital. According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures. Details on the size of that funding round were not announced.

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Chumby Deploys With Automotive Electronics Firm QNX

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According to QNX, which supplies its operating systems, middleware, development tools, and more to firms such as Cisco, Daimler, General Electric, Lockheed Martin, and Siemens, QNX's automotive platform--the QNX CAR Application Platform--now supports Chumby's rich media Internet content. READ MORE>>.

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Southern California Firms Raise $762.88M in Q1

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The latest numbers are out on venture capital investments in Southern California from PricewaterhouseCoopers and the National Venture Capital Association, finding that the region had nearly $762.88M invested in companies in the region during Q1 of 2014. in investments in companies considered Media and Entertainment compnaies.

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Southern California Firms Raise $738M In Q4 2011

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The latest numbers from the PricewaterhouseCoopers/National Venture capital Association MoneyTree survey, which is based on data from Thomson Reuters, tallies $738.34M invested in Southern California in Q4 of 2011. The category of perennial interest in Southern California, Media and Entertainment, only saw $55.3M