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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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Southern California Firms Raise $762.88M in Q1

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According to the MoneyTree Report, based on data from Thomson Reuters, Los Angeles led the region with $309.9M in investments in companies considered Media and Entertainment compnaies. in funding, followed by San Diego with $242.98M in investments, and $209.97M in investments in Orange County. in investments; Biotechnology saw $158.0M

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Southern California Firms Raise $738M In Q4 2011

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The report found that the amounts invested represented the third highest annual investment total in the past ten years. The category of perennial interest in Southern California, Media and Entertainment, only saw $55.3M The amount is up from $528.0M raised in Q4 of 2010, and up from the $652M invested in the region last quarter.

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Chumby Links With Pandora

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According to Chumby, its players can now tune into personalized radio stations from Pandora, including use for its alarm clock function, and will also provide updates on bands from Rollingstone.com, content from UsMagazine.com, and music videos from Avot Media. Business details behind the additional functionality were not disclosed.

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Southern California Venture Totals Drop in Q4

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PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 Media & Entertainment also saw an increase, up 3 percent to $2.0 San Diego led in the report for the quarter, with $205M in 24 deals; Los Angeles had nearly $198.6M