Archive for November, 2009
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-254
Business: PBworks
Web: http://pbworks.com/
Location: USA, San Mateo, CA
Region: North America
Business description: Wiki hosting provider
Category: Web Technology
Contact: Jim Groff, CEO
Investor: Undisclosed
Amount raised: $650,000
Details: Wiki hosting provider PBworks has raised $650,000 in rights and securities, according to a filing with the SEC. The company is backed by Mohr Davidow Ventures, Seraph Group, Ron Conway and Chris Yeh. It previously raised $2.45 million in venture funding.
Link: VentureBeat
Posted in Fund Raising, ~North America | Leave a Comment »
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-253
Business: SimpleGeo
Web: http://simplegeo.com
Location: USA, Boulder, CO
Region: North America
Business description: An infrastructure that other applications can use to easily build location-based applications.
Category: Web Technology
Contact 1: Matt Galligan
Contact 2: Joe Stump.
Investors: First Round Capital, also includes from Redpoint Ventures, Ron Conway, Kevin Rose, Chris Sacca, Joshua Schachter, David Cohen, Debbie Landa, Tim Ferriss, Shawn Fanning, Gary Vaynerchuk, David Lee, and Freestyle Capital.
Amount raised: $1,500,000
Details: SimpleGeo has just closed a $1.5 million seed round of funding. They raised $195,000 in a debt funding round, according to a recent regulatory filing by the firm three weeks ago. The source of the funding was not disclosed, although the filing indicates that there were 7 investors involved.
Link: TechCrunch
Posted in Fund Raising, ~North America | Leave a Comment »
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
ACQUISITION
FDN Database Reference: F231109-252
Acquirer: Founders of Globrix
ACQ Web: http://www.globrix.com/
Location: United Kingdon, London
Region: Europe
Description: Property search engine supported by advertising rather than fees.
Category: Search : Web Technology
Contact 1: Dan Lee, CEO
Contact 2: Ian Parry, CTO
Vendor: News International
Vendor Web: http://newsinternational.com
Location: UK, London
Region: Europe
Description: Media Owner
Category: Media
Contact 1: Clive Milner, Managing Director
Aprox. Value: Undisclosed (bought back the 50 percent stake)
Details: The founding management of online property search engine, Globrix, have acquired News International’s 50% stake in the business for an undisclosed sum. Globrix lists more properties for sale and rent than any other UK property site.Globrix say they list more properties for sale and rent than any other UK property site. It is free to list properties on. Revenues are from advertising.
Link: Globrix Announcement
Posted in Acquisition, ~Europe | Leave a Comment »
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-252
Business: Sina
Web: http://www.sina.com
Location: Hong Kong
Region: Asia
Business description: Online media company and MVAS provider in the People’s Republic of China and the global Chinese communities.
Category: Media: Entertainment
Contact 1: Charles Chao, Chief Executive
Investor 1: Sequoia Capital
Investor 2: FountainVest
Investor 3: CITIC Capital
Amount raised: $180,000,000
Participants: 3
Details: Sequoia Capital, FountainVest and CITIC Capital have agreed to finance a management-led plan to invest $180 million in China’s leading Web portal, Sina (according to Reuters). Sina announced in September that it was in talks with private equity funds to back a plan for them to buy about $180 million worth of shares in an effort to strengthen control of the company. The deal calls for Sina to issue 5.6 million new shares, worth 9.4% of the company. Sina said it will use part of the funds to finance future acquisitions.
Links
Posted in Fund Raising, ~Asia | Leave a Comment »
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-251
Business: Attentio
Web: http://www.attentio.com
Location: Belgium, Brussels
Region: Europe
Business description: Online Attentio Brand DashboardTM that tracks and analyzes online conversations across social and traditional media worldwide. An automated insight engine discovers topics discussed around brands and product and also analyzes sentiments.
Category: Media monitoring
Contact 1: Amaia Lasa, CEO
Investor 1: Brussels Regional Investment Company (SRIB/GIMB)
Amount raised: Undisclosed
Participants: 1
Details: Attentio S.A.has completed a round of financing from the Brussels Regional Investment Company (SRIB/GIMB). The amount raised was not disclosed. Attentio tracks and analyzes online conversations across social and traditional media worldwide. An automated insight engine discovers topics discussed around brands and product and also analyzes sentiments.Companies and agencies use the nline Attentio Brand DashboardTM technology to manage their market reputation as they can instantly see how customer sentiments change over time and across geographies.
Link: Press Release
Posted in Fund Raising, ~Europe | Leave a Comment »
Posted by Fusion DigiNet on November 30, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
NEWS
Link: Daily Telegraph
Lachlan Murdoch, the elder son of News Corp chief executive Rupert Murdoch, has sold half of his stake in the media empire for $27.6m (£16.7m). It is thought he sold down his stake to fund the purchase of half of DMG Radio Australia from Daily Mail and General Trust (DMGT).
Posted in ~North America | Leave a Comment »
Posted by Fusion DigiNet on November 27, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
ACQUISITION
FDN Database Reference: F231109-251
Acquirer: Shanda Interactive Entertainment Limited (NasdaqGS: SNDA)
ACQ Web: http://www.snda.com/EN/investor/overview.html
Location: China, Shanghai
Region: Asia
Description: Interactive entertainment media company
Category: Media: Games: Entertainment
Contact 1: Tianqiao Chen, Chairman of the Board and Chief Executive Officer
Vendor: Ku6.com
Vendor Web: http://www.ku6.com/
Location: China
Region: Asia
Description: Web2.0-based online video website
Category: Video sharing
Contact 1: Mr. Shanyou Li, Chief Executive Officer
Aprox. Value: $44,000,000
Details: Shanda Interactive Entertainment Ltd. has agreed to acquire a 58% stake in Chinese video sharing website Ku6.com for $44 million.
Link: PE Hub
Posted in Acquisition, ~Asia | 2 Comments »
Posted by Fusion DigiNet on November 27, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-250
Business: eCommera
Web: http://www.ecommera.com
Location: UK, London
Region: Europe
Business description: Internet services business that offers ecommerce advisory, support and software services to retailers
Category: ecommerce
Contact 1: Michael Ross, co-founder
Contact 2: Andrew McGregor, co founder and CEO
Investor 1: ePlanet
Round: c Round
Amount raised: £1,300,000
Participants: 1
Details: eCommera, the UK-based provider of e-commerce services to the retail industry, has secured £1.3 million in investment from private equity group ePlanet. This latest round of funding takes the total raised by eCommera in 2009 to over £6 million. The funding will go towards driving the geographic expansion of eCommera with an initial focus on Europe. This latest injection of funding comes just two months after eCommera secured funding of £5 million from an investment group led by growth capital investor, Frog Capital in conjunction with West Coast Capital and GP Bullhound.
Link: eCommera Announcement
Posted in Fund Raising, ~Europe | Leave a Comment »
Posted by Fusion DigiNet on November 27, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
ACQUISITION
FDN Database Reference: A0235-231117
Acquirer: Undisclosed
Description: Russia.com
Category: Domain name
Vendor: NewMedia Holdings, Inc.
Vendor Web: http://www.nmhco.com
Location: USA, Seattle, WA
Region: North America
Description: Media property owner
Category: Domain name
Aprox. Value: $1,500,000
Details: NewMedia Holdings has sold Russia.com, the domain name, for $1.5 million. The deal was broked through Sedo. The buyer is undiclosed. The also own Algeria.com, Bangladesh.com, Ecuador.com, Morocco.com, Nepal.com, Nicaragua.com, PuertoRico.com, Scotland.com, SouthAfrica.com, Ukraine.com and Virtual-Countries.com.
According to Fusible.com the new owner is rumored to be Russia Standard according to one of our readers. Russia Standard is the same company that purchased Vodka.com in 2006 for $3 million (also brokered through Sedo).
Posted in Acquisition, ~Europe, ~North America | Leave a Comment »
Posted by Fusion DigiNet on November 27, 2009
The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-249
Business: CloudFlare
Web: http://www.cloudflare.com
Location: USA, San Francisco
Region: North America
Business description: Gives website owners control over who can access their sites.
Category: Web technology
Amount raised: $2,050,000
Participants:
Details: CloudFlare has opened a $2.05M round of equity. The company is backed by backed by UV Partners and Venrock. CloudFlare was the winner of the 2009 Harvard Business School business plan competition.
Link: Venturebeat
Link address
Posted in Fund Raising, ~North America | Leave a Comment »
