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Nirvanix Wins Entertainment Studio

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San Diego-based Nirvanix , the provider of enterprise cloud storage services, said today that it has scored a customer win at Relativity Media, an entertainment studio working on film and television production.

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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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Sorenson Media Opens LA Office

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San Diego-based Sorenson Media , the developer of video encoding and decoding software, announced this morning that it has opened up a new office in Los Angeles. Sorenson said the new office will service its clients in the media and entertainment industry. READ MORE>>.

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Inside Secure Becomes Verimatrix

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Inside Secure , the French company which acquired San Diego-based Verimatrix in March, has renamed itself as Verimatrix , the company announced this morning. The combined companies develop everything from set-top boxes and security services for the telecom, entertainment, mobile and semiconductor industries. READ MORE>>.

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Verimatrix Acquired By InsideSecure For $147M

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San Diego-based Verimatrix , a developer of security software for video service providers, set top-box providers, and others, has been acquired by French company Inside Secure , according to Inside Secure. Inside Secure paid $138.1M in cash, plus up to $9.8M in escrow to cover potential post-closing adjustments and earnout.

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Southern California Firms Raise $762.88M in Q1

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in funding, followed by San Diego with $242.98M in investments, and $209.97M in investments in Orange County. The biggest deals of the quarter came from San Luis Obispo-based MINDBODY , which raised $50.0M Despite its reputation as an entertainment center, Southern California actually only saw around $57.4M in funding.

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Interview with Peter Csathy, Sorenson Media

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Today's interview is with Peter Csathy, President and CEO of Sorenson Media (www.sorensonmedia.com), which recently relocated its executive offices to San Diego. Csathy told us about the firm's move of its exec offices from Salt Lake City, Utah, to San Diego, as well as its hiring and expansion plans.

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