Fusion Corporate Partners

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:  F231109-299
 
Business:  SonicMule
Web:  http://www.smule.com
Location:  USA, Menlo Park, CA
Region:  North America
Business description:  developer of interactive sonic applications for the iPhone
Category: Apps, Mobile
Contact 1:  Dr. Ge Wang, Co-Founder, CTO, and, Chief Creative Officer at SonicMule (Twitter http://twitter.com/gewang  Website http://ccrma.stanford.edu/~ge/ )
Contact 2:  Jeff Smith, CEO and co-founder of Smule
Contact 3:  Jason Pressman, Managing Director at Shasta Ventures

Investors:  Led by new investor Shasta Ventures with participation from existing investors Bessemer Venture Partners and Granite Ventures

Amount raised:  $8,000,000
 
Details:  SonicMule has secured $8 million in additional financing. Smule’s Sonic Network, populated by users of its top selling iPhone applications, has grown to over two million users in the past twelve months, led by users of Smule’s Ocarina, Leaf Trombone, and I Am T-Pain products.

Link:  Release (on PE Hub)

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:  F231109-298
 
Business:  interCLICK
Web:  http://www.interclick.com
Location:  USA, New York, NY
Region:  North America
Business description:  Ad network in data and inventory transparency
Category: Advertising
Contact 1:  Roger Clark, CFO
  
Amount raised:  Sells 2,875,000 shares of common stock at a price of $4.50 per share in a registered direct offering. Net proceeds to the company after deducting placement agent fees will be approximately $12.0 million.
Participants:  
 
Details:  Publicly traded interCLICK has raised $12 million through the sale of common stock to a select group of institutional investors.
 
Concurrent with interCLICK’s primary offering, certain members of interCLICK’s Board of Directors will sell a total of 1,150,000 registered shares of common stock at $4.50 per share. Total gross proceeds of the offering will be approximately $18.1 million.

The Company intends to use the $12 million raised for general corporate purposes and working capital requirements. The offering is expected to close on December 21, 2009, and is subject to the satisfaction or waiver of customary closing conditions.

Link:  Press Release

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:  F231109-297
 
Business:  SeeWhy
Web:  http://www.seewhy.com
Location:  USA, Andover, MA
Region:  North America
Business description:  SeeWhy delivers breakthrough improvements in website conversion through continuous analysis of individual visitors and proactively optimizes real-time actions.
Category: Technology
Contact 1:  Scott G. Silk, CEO of SeeWhy
Contact 2:  Dermot Berkery, partner at Delta Partners  
 
Investors:  Scottish Enterprise, Logispring, Pentech Ventures and Delta Partners
  
Round:  Round B
Amount raised:  $2,000,000
 
Details:  SeeWhy, has completed a $2 million investment round by several of its current shareholders. Through 2010, SeeWhy plans to add additional investors alongside those investing in this round to support its growth in the website conversion market.

Link:  Press Release

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:  F231109-302
 
Business:  OneForty
Web:  http://oneforty.com/
Location:  USA, Brighton, MA,
Region:  North America
Business description:  Directory of Twitter tools
Category: Directory
Contact:  Laura Fitton, President 
 
Investors:  Undisclosed
 
Round:  
Amount raised:  $1,622,518
 
Details:  According to an SEC filing, Twitter tools directory, OneForty, has raised $1.6M.

Link:  Regulatory filing

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:  F231109-300
 
Business:  Zulily
Web:  http://www.zulily.com
Location:  USA, Seattle, WA
Region:  North America
Business description:  New online store offering daily sales on apparel, gear and other goodies for mothers, babies and children. Members can enjoy big savings off retail prices. Zulily will go into beta in Q1, 2010 and membership is free.
Category: Retail
Contact 1:  Darrell Cavens, CEO
 
Investors:  Led by Maveron

Amount raised:  £4,600,000
 
Details:  Zulily has raised $4.6 million in a round led by Maveron LLC, the consumer-focused venture capital firm formed by former investment banker Dan Levitan and Starbucks’ chief executive Howard Schultz. Led by Blue Nile veterans Darrell Cavens and Mark Vadon, Zulily will use the funds to create a significant online private-sale retail e-commerce business focused on kids, babies and busy mothers.

Link:  Interview with Darrell Cavens,ceo of Zulily

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:  F231109-303
 
Business:  appolicious
Web:  http://www.appolicious.com
Location:  USA, Chicago, IL
Region:  North America
Business description:  Directory of mobile phone aps
Category: Directory
Contact:  Alan Warms, founder
  
Investors:  Apex Venture Partners and James Crouthamel, the founder of Performics. (According to TechCrunch )  
Amount raised:  $2,069,485
 
Details:  Appolicious (apps directory) has raised $2 million according to an SEC filing.  Previously $500K was rised on in seed funding from Apex.

Link:  Regulatory filing

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:  F231109-294
 
Business:  Kobo
Web:  http://www.kobobooks.com
Location:  Canada, Toronto
Region:  North America
Business description:  global eReading service with a catalog of over 2 million eBooks, and an open platform.
Category: eReading
Contact 1:  Michael Serbinis, CEO of Kobo
Contact 2:  Heather Reisman, founder and Chief Executive Officer of Indigo Books & Music
Contact 3:  Ron Marshall, Chief Executive Officer, Borders Group
Contact 4:  David Fenlon, chief executive officer, REDgroup Retail
  
Investors:  Indigo Books & Music (who will retain approximately 58% ownership of Kobo), Borders Group, Inc., Instant Fame, a subsidiary of Cheung Kong (Holdings) Ltd. of Hong Kong, and REDGroup Retail Pty Ltd. of Australia.
 
Amount raised:  $16,000,000
 
Details:  Indigo Books & Music, Canada’s largest book retailer, has transferred all the assets of Shortcovers, its digital reading initiative, into a new company, Kobo. Kobo has secured $16 million in funding including $5 million from Indigo and other strategic partners.

Link:  Press Release