Avalon Ventures Backs Selectable Media

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. The funding round actually closed on September 5th, according to regulatory details released last month, and Selectable Media has been listed on Avalon's site since last month; more details on the funding were reported today. More information »