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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

socalTECH

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. 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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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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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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How ScoreStream Is Crowdsourcing Its Way Into High School Sports Media

socalTECH

In the world of sports, getting high school sports scores have always been an issue for local media, such as newspapers and television stations. After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there.

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ScoreStream Nabs $2M For Local Sports Crowdsourcing

socalTECH

Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media). scorestream sports crowdsource high school sporting event highschool online venture capital news publisher derrick oien' READ MORE>>.

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