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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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Websense Reports Strong Demand, Ups Estimates

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San Diego-based Websense , a developer of web security products, said Wednesday that it is seeing strong demand for the firm's new Web Security Gateway and appliances, and is also benefiting from currency exchange rates, and upped its guidance range Wednesday.

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Genomatica Raises $21.25M

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San Diego-based Genomatica , a firm developing sustainable chemical products using renewable feedstocks, has raised $21.25M in additional funding, according to numbers released in the recent PricewaterhouseCoopers/NVCA MoneyTree report. No details on the new funding have been disclosed by the firm. READ MORE>>.

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Active Network Teams With Yearbook Photography Firm

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San Diego-based Active Network , which operates a network of sports and community registration sites and offers up other related software products, said today along with school photography firm Lifetouch National School Studios Inc. that they have teamed up to create online stores for school yearbook sales.

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VMIX Targets VARs

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San Diego-based VMIX , which provides white-label software for hosting and distributing digital video, said this morning that it has launched an effort to attract value added resellers. VMIX said it will provide market and sales support, training, tech support, and reporting to those partners as part of the program. READ MORE>>.

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RoyaltyShare Signs Distribution Deals

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San Diego-based RoyaltyShare has signed a set of distribution deals for the firm's digital media management and royalty tracking software. RoyaltyShare said the deal enables record labels and music distributors to sell track downloads, master tones, ringback tones, wallpapers, and other products through U.S. wireless carriers.

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RoyaltyShare Inks Distribution Deals

socalTECH

San Diego-based RoyaltyShare has inked a set of distribution deals for the firm's digital media management and royalty tracking software. RoyaltyShare said the deal enables record labels and music distributors to sell track downloads, master tones, ringback tones, wallpapers, and other products through U.S. wireless carriers.