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Avalon Ventures Backs Selectable Media

socalTECH

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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ScoreStream Adds New Funding From Intel Capital

socalTECH

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. Details on the size of that funding round were not announced. According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures.

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Selectable Media Expands To LA

socalTECH

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 Nabs $2M For Local Sports Crowdsourcing

socalTECH

The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group. Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media).

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Southern California Firms Raise $762.88M in Q1

socalTECH

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 funding. Carlsbad-based Luxtera raised $37.38M in its funding round.

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Intel Deepens Move into Sports Tech with SportStream Investment

Xconomy

ScoreStream, a five-year-old startup that created a social media platform for crowd-sourcing local sports scores, has raised $3.7 million in a Series A round that includes Intel Capital as an investor. CEO Derrick Oien said Friday that ScoreStream recently completed a Verizon R/GA digital “Media Tech.

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