Posted by Fusion DigiNet on December 23, 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: F231109-308
Business: WePay
Web: https://www.wepay.com
Location: USA, San Jose, CA
Region: North America
Business description: ”WePay is a payment tool for clubs, organizations, and associations to instantly create accounts for anything. These accounts provide electronic billing and collection through echecks, credit cards, and paper checks, and enable transparent spending through WePay debit cards, online bill pay, and electronic transfers.
“
Category: Online payments
Contact 1: Bill Clerico, CEO and co founder
Contact 2: Rich Aberman, co founder
Investors: August Capital and angel investors, including former Intuit CTO Eric Dunn, contributed to the round
Amount raised: $1,600,000
Details: Online payments company raises $1,600,000
Link: Scott Kirsner’s blog on Boston.com Recent Regulatory Filing
Posted in Fund Raising, ~North America | Leave a Comment »
Posted by Fusion DigiNet on December 23, 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: F231109-307
Business: Curse
Web: http://www.curse.com
Location: USA, San Francisco CA
Region: North America
Business description: Directory of tools and addons for PC games. Plus news, forums and blogs. World or Warcraft, Warhammer Online, Runes od Magic, Age of Conan,
Category: Online Games, Directory
Contact: Hubert Thieblot, Founder
Investors: Ventech Capital, AGF Private Equity, and SoftTech VC (Jeff Clavier)
Round: Round B
Amount raised: $6,000,000
Details: Today, the company disclosed a $6 million Series B round it closed in early 2009. Total funding is now $11 million. $5 million was raised in 2007 in a round led by AGF Private Equity.
Link: TechCrunch
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Posted by Fusion DigiNet on December 23, 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: F231109-278
Acquirer: Telefónica
ACQ Web: http://www.o2.com
Location: United Kingdom, Slough
Region: Europe
Description: Telefónica Europe is a business division of Telefónica comprising mobile, fixed and DSL operations in the UK, Ireland, Germany, the Czech Republic and Slovakia
Category: Mobile, Technology, Communications
Contact: Matthew Key, Chairman and CEO of Telefónica Europe
Vendor: JAJAH
Vendor Web: http://www.JAJAH.com
Location: USA, California, and Israel
Region: North America, Middle East & Africa, Europe
Description: Seamless IP communications services across the organisation, regardless of location or device. Used in around 200 countries by millions of people and are integrated into everyday instant messaging and social media applications, as well as through its own JAJAH direct-to-consumer offer.
Category: Technology, Communications
Contact: Trevor Healy, CEO of JAJAH
Aprox. Value: EUR 145 million in an all-cash transaction.
Details: Telefónica has acquired communications innovator JAJAH. the company will continue to operate under its current brand reporting into Telefónica Europe, which will be the first of Telefónica’s regional business divisions to offer seamless JAJAH services to customers wishing to extend their communications experience. The agreement is subject to formal clearance by CNC, the Spanish competition authority.
Link: Press Release
Posted in Acquisition, ~Europe, ~Middle East & Africa, ~North America | Leave a Comment »
Posted by Fusion DigiNet on December 23, 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: F231109-306
Business: Cc:Betty
Web: http://www.ccbetty.com : Twitter
Location: USA, Palo Alto, CA
Region: North America
Business description: Cc:Betty works as a personal email assistant to initiate and sort through emails and parse conversations, files, images, media, dates and places
Category: Technology
Contact 1: Michael Cerda, CEO and cofounder Linkedin Profile : Photo
Contact 2: Ben Dean, Product Dev and cofounder Linkedin profile : Photo
Investors: Western Technology Investment
Previous investors: $1,500,000 led by Venrock with investors Seraph Group and Hillsven participating
Amount raised: $500,000,000
Details: Email organiser business raises $500,000
Posted in Fund Raising, ~North America | Leave a Comment »
Posted by Fusion DigiNet on December 22, 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: F231109-277
Acquirer: Chess.com
ACQ Web: http://www.chess.com
Location: USA, Palo Alto, CA
Region: North America
Description: Online community for chess players
Category: Online Games, Social network
Contact: Erik, Owner Profile
Vendor: Chesspark.com
Vendor Web: http://www.chesspark.com
Region: North America
Description: Online chess
Category: Online games
Contact: Jean Hoffman, GM of Chesspark.com
Aprox. Value: Undisclosed
Details: Chess.com did not acquire the technology, servers, or team behind Chesspark – just the name.
Link: Press Release
Posted in Acquisition, ~North America | Leave a Comment »
Posted by Fusion DigiNet on December 21, 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: F231109-305
Business: Youku
Web: http://www.youku.com
Location: China, Beijing
Region: Asia
Business description: Video sharing website
Category: Video
Contact 1: Victor Koo, Youku founder and CEO
Contact 2: Eric Li, managing director of Chengwei Ventures
Investors: Led by Chengwei Ventures and the first closing was raised entirely from existing investors. Besides Chengwei, those investors include Brookside (Bain) Capital, Maverick Capital, and Sutter Hill Ventures.
Amount raised: $40,000,000
Details: ”Youku.com has closed $40M in private equity funding in a first tranche of a growth financing round. Youku is in active discussion with other potential investors over a second tranche of the round, which will raise up to an additional $40 million. Including the first tranche for the current round, the company has raised $110 million in private equity funding, and $10 million in venture debt.
This latest round of funding will be used to syndicate professional media and produce Web-based content, to further enhance user experience, and on both PC-based and mobile R&D.”
Link: Press Release
Related DigiNet article
Shanda to buy 58% of web video sharing business ku6
Posted in Fund Raising, ~Asia | Leave a Comment »
Posted by Fusion DigiNet on December 21, 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: F231109-276
Acquirer: Limelight Networks
ACQ Web: http://www.limelightnetworks.com
Location: USA, Tempe, AZ
Region: North America
Description: Improves the performance and profitability of web sites and end-user experiences. Scalable, on-demand managed infrastructure solutions.
Category: Texhnology, Storage Management
Contact: Jeff Lunsford, chairman and chief executive officer
Vendor: EyeWonder
Vendor Web: http://www.eyewonder.com, Twitter
Location: USA, Atlanta, DA
Region: North America
Description: Interactive digital advertising provider. Provides value-added monetization solutions
Category: Advertising. Technology
Contact: John Vincent, founder and chief executive officer
Aprox. Value: Approximately $110 million, comprised of approximately $62 million in cash (subject to adjustment based on EyeWonder’s financial condition at Closing) and approximately 12.74 million shares of Limelight common stock. Up to approximately 4.86 million additional shares of Limelight common stock will be issuable in 2011 if EyeWonder achieves certain financial results in 2010.
Details: Limelight Networks has announced a definitive agreement to acquire privately held EyeWonder, Inc. The transaction is expected to close in the first half of 2010.
Link: Press Release
Posted in Acquisition, ~North America | Leave a Comment »
Posted by Fusion DigiNet on December 21, 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
Management buyout and recapitalisation
FDN Database Reference: F231109-275
Acquirer: Matrix Private Equity Partners
ACQ Web: http://www.matrixgroup.co.uk
Location: United Kingdom, London
Region: Europe
Description: Venture Capital Trust Manager and UK small buyout specialist. Specialise in backing in quality companies with quality management teams, making equity investments of £2m to £7m, in typical transaction sizes of £5m – £20m
Category: Private Equity
Contact: Guy Blackburn (guy.blackburn@matrixgroup.co.uk)
Vendor: Iglu.com
Vendor Web: http://www.iglu.com
Location: United Kingdom, London, Wimbledon
Region: Europe
Description: Internet based travel agency specialising in the sale of ski and snowboarding holidays; villa and tropical holidays; cruise holidays; hotel accommodation; flights to Canada and Lapland holidays.
Category: Travel Agent
Contact: Richard Downs, Managing Director
Aprox. Value: Invested £4.3million in the management buyout and recapitalisation
Details: Matrix Private Equity Partners have completed their fifth deal since the summer. Matrix has invested £4.3million in the management buyout and recapitalisation of Iglu.com, the London based specialist ski and cruise holiday online travel agent.
Posted in Acquisition, ~Europe | Leave a Comment »
Posted by Fusion DigiNet on December 21, 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: F231109-274
Acquirer: RBA Holding Editorial S.A.
ACQ Web: http://www.rba.es/
Location: Spain, Barcelona
Region: Europe
Description: Media Group
Category: Media
Contact: Enrique Iglesias Montejo, RBA Holding CEO
Vendor: Edipresse Group
Vendor Web: http://www.edipresse.com
Location: Switzerland
Region: Europe
Description: International media and communications company based in Switzerland. Active in newspapers, magazines and electronic publishing, the Group employs 2800 people and publishes over 180 titles and websites in 15 countries and territories.
Category: Media
Contact: Michel Preiswerk, CFO Edipresse Group
Aprox. Value: Undisclosed
Details: ”Edipresse Group has sold its 33% stake in the Spanish magazine publishing company RBA Edipresse to its joint-venture partner RBA Holding. RBA Holding thus becomes 100% owner of RBA Edipresse. The amount of the sale was not disclosed. The transaction still has to be formally submitted to the Spanish competition authorities for approval. This transaction fits into the overall strategy of the Edipresse Group to disinvest from the Iberian market and the assets it does not control.
“
Link: Press Release
Posted in Acquisition, ~Europe | Leave a Comment »
Posted by Fusion DigiNet on December 21, 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: F231109-301
Business: RepairPal
Web: http://repairpal.com
Location: USA, Emeryville, CA
Region: North America
Business description: Automotive resource delivering free, instant, RepairPrice Estimates via the Web and its iPhone mobile application. RepairPal provides auto repair and maintenance information.
Category: Automotive
Contact 1: David Sturtz, CEO of RepairPal
Contact 2: Dave Whorton, Managing Partner at Tugboat
Contact 3: Rick Keister, former CEO of Keystone Automotive Industries (acquired by LKQ Corp.) and former President of Aftermarket at Delco Remy
Contact 4: David Strohm, Partner at Greylock Partners, board member at EMC and VMware
Contact 5: Mark Goines, former Intuit executive and board member at Mint.com
Contact 5: Michael Torres, CEO of Adelante Capital Management
Investors: Led by Tugboat Ventures, included individual investors (see contacts above)
Amount raised: $4,000,000
Details: RepairPal completes a $4 million Series A financing. Tugboat Ventures led the round that also included individual investors:
Link: Press Release
Posted in Fund Raising, ~North America | Leave a Comment »
