Dentsu Group acquires Innovation Interactive

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:  F231109-309
 
Acquirer:  Dentsu Holdings USA
ACQ Web:  http://www.dentsu.com
Address: Holding company in USA
32 Avenue of the Americas, 16th Floor, New York, NY 10013, U.S.A.
TEL: (1-212)829-5170
Head Office: Japan, Tokyo
Region:  Asia
Acquirers Location:  USA, New York, NY
Region:  North America
Description:  Dentsu Holdings USA, Inc. (DHUSA) is a wholly-owned subsidiary of Dentsu Inc., the world’s largest single agency brand and the fifth largest agency holding company.  Headquartered in Tokyo, Dentsu serves over 4,000 clients from offices in Japan and throughout Asia, Europe and the Americas.  DHUSA operates in the U.S., Canada, Brazil, Argentina, the U.K., Belgium, Germany and Italy.  Its advertising agencies include Dentsu America, Inc., Dentsu Canada Inc., ATTIK U.S., ATTIK LTD. (UK) and mcgarrybowen.
Category:  Marketing, Advertising, Agency
Contact 1:  Tatsuyoshi Takashima, Dentsu President & CEO
Contact 2:  Tim Andree, President & CEO of Dentsu Holdings USA, Inc. and an Executive Officer of Dentsu Inc.  
 
Vendor:  Innovation Interactive
Vendor Web:  http://www.innovationinteractive.com
Location:  USA, New York, NY
Region:  North America 
Description:  Innovation Interactive, founded in 2002, is a 300-person digital marketing services company headquartered in New York with offices in the U.S., Europe and Asia. Its three operating units are 360i, a digital marketing agency: SearchIgnite, a provider of paid search management technology; and Netmining, an audience optimization platform. The company currently manages over $400 million of digital media annually for a client roster that includes NBC Universal, MTV Networks, Reckitt Benckiser, Office Depot, JCPenney and E*TRADE.
Category: Marketing, Advertising, Agency
Contact 1:  Will Margiloff, co-CEO
Contact 2:  Bryan Wiener, co-CEO 
 
Aprox. Value:  Undisclosed
 
Details:  Dentsu Holdings USA, Inc., a subsidiary of Dentsu Inc., has acquired Innovation Interactive LLC, a provider of global services and technology for search marketing, social media and audience targeting. Innovation Interactive will become a wholly-owned subsidiary of Dentsu Holdings USA. According to the company announcement, a result of the acquisition they will be able to bring enhanced integrated marketing solutions to its clients. Innovation Interactive’s clients will now have the benefit of Dentsu’s extensive global resources, and it will become a wholly-owned subsidiary of Dentsu Holdings USA.
 
Link: Company Announcement

Advisors

Financial advisor to Innovation Interactive – GCA Savvian
1330 Avenue of the Americas
28th Floor, New York, NY 10019
United States of America
T: +1 (212) 999-7090

StockTwits has acquired finance website Abnormal Return for an undisclosed sum

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:  F231109-308
 
Acquirer:  StockTwits
ACQ Web:  http://www.stocktwits.com  BLOG   TWITTER
Region:  North America
Description:  “StockTwits is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc.”
Category:  Finance
Contact 1:  Soren Macbeth, Co-Founder and CTO  Bio   TWITTER
Contact 2:  Howard Lindzon, Co-Founder and CEO of StockTwits  Bio   TWITTER
Contact 3:  Phil Pearlman, Director of Community at StockTwits  Bio   TWITTER
 
Vendor:  Abnormal Returns
Vendor Web:  http://abnormalreturns.com  TWITTER
Region:  North America
Description:  Abnormal Returns brings the best of the finance web to its readers.
Category: Finance
Contact:  Tadas Viskanta, founder and editor-in-chief
 
Aprox. Value:  Undisclosed
 
Details:  StockTwits has acquired finance website Abnormal Returns. Founder and editor in chief of Abnormal Returns, Tadas Viskanta, is joining Stocktwits.  StockTwits has raised $4.6 million over three rounds of funding. StockTwits has also announced an entire revamp of its web platform for two weeks time.
 
Link: StockTwits Blog – January 25th, 2010 entry
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AOL has acquired video creation and distribution business StudioNow for $36.5M

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:  F231109-307
 
Acquirer:  AOL
ACQ Web:  http://www.aol.com
Location:  USA, New York, NY
Region:  North America
Description:  AOL Inc. (NYSE: AOL) is a leading global Web services company. AOL’s business spans online content, products and services that the company offers to consumers, publishers and advertisers. In addition, AOL operates one of the largest Internet subscription access services in the United States.
Category:  Online Media, Advertising
Contact:  Tim Armstrong, AOL CEO and chairman

Vendor:  StudioNow
Vendor Web:  http://www.studionow.com
Location:  USA, Nashville, TN
Region:  North America
Description:  StudioNow partners with blue chip, mid-sized and local companies to create, store, and manage content and syndicate it to online video channels and portals.
Category: Video
Contact 1:  David Mason, co-founder and CEO
Contact 2:  Adam Solesby, co-founder, CTO
Contact 3:  David Corts, COO
  
Aprox. Value:  $36,500,000 in cash and stock with a portion of the cash paid out over multiple years.
 
Details:  AOL Inc. has acquired StudioNow Inc., the online platform for video creation and distribution. The acquisition will allow AOL to integrate a fully functional video creation platform into its newly-launched content management system, Seed.com. StudioNow will also continue to develop its existing business as a provider of online video creation, management, storage and syndication services to commercial companies.
 
Link: Press Release

Social games developer Drimmi has raised “several millions of dollars”

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:  F231109-332
 
Business:  drimmi
Web:  http://www.drimmi.ru
Location:  Russia
Region:  Europe
Business description:  Social games developer
Category: Online games
Contact 1:   Nikita Sherman, CEO
Contact 2:  Viktor Zakharchenko, COO
Contact 3:  David Waroquier, partner at Mangrove Capital Partners 
 
Investors:  Led by Mangrove Capital Partners, along with ABRT Venture Fund 
  
Amount raised:  Undisclosed (several millions)
 
Details:  According to Quintura Blog Drimmi has raised an undisclosed funding from Mangrove Capital Partners and ABRT Venture Fund.  The funds agreed to invest several million into Drimmi in exchange for over a twenty percent stake in the company.  Mangrove Capital is also an investor in online trivia game maker Amuso. The investment will be used for games development and launch on Russian social networks Vkontakte, Odnoklassniki.ru and MoiMir@Mail.ru. The first game will be released in a few weeks with more than ten games to follow in 2010.

Link:  Quintura Blog

Associated Northcliffe Digital acquires 50% of Globrix

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:  F231109-306
 
Acquirer:  Associated Northcliffe Digital
ACQ Web:  http://www.and.co.uk
Location:  UK, London
Region:  Europe
Description:  AND works  with the newspaper divisions of A&N Media to extend their services online and through other digital channels. The portfolio includes the newspaper companion sites of A&N Media’s national and local newspapers, including Mail Online, Standard.co.uk and Metro.co.uk, and the ‘this is’ network of sites. They also publish a range of digital magazines, including This is Money.They also operate in online classified markets – recruitment, property, motors, and dating.
Category:  Media
Contact 1:  Richard Titus, CEO of AND
Contact 2:  Mark Milner, CEO of TDPG 
 
Vendor:  Globrix
Vendor Web:  http://www.globrix.com
Location:  UK, London
Region:  Europe
Description:  UK’s largest free-to-list property search engine
Category: Property
Contact:  Daniel Lee, CEO
 
Aprox. Value:  Undisclosed
 
Details:  AND, the digital consumer division of A&N Media (part of DMGT plc) and parent of The Digital Property Group (TDPG), has acquired 50% of Globrix. The UK property portal will join the TDPG network. AND will also support the management of Globrix to expand its existing platform, to provide fully hosted portals to international media partners.  Globrix already powers Globrix.ie in a strategic partnership with Independent Newspapers Ireland and is in discussions with a number of other parties internationally.  AND will provide capital, immediate credibility and access to international media partners that will accelerate this business venture.
 
Link: Press Release

Bright Things plc Receives $800K Investment in SocialGO from Veddis Ventures

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:  F231109-331
 
Business:  SocialGo (owned by Bright Things PLC)
Web:  http://www.socialgo.com     TWITTER     BLOG
Location:  United Kingdom, London
Region:  Europe
Business description:  Founded in 2007, SocialGO provides a build your-own social network platform. It is tailored to the needs of businesses and organizations for the monetization, ownership, control and customization of content and membership.
Category: Social Network, Technology
Contact 1:  Dominic Wheatley, CEO, Bright Things
Contact 2:  Stephen Hardman, Director, GOWIT and SocialGO
Contact 3:  Alex Halliday, Director, GOWIT and SocialGO  
Contact 4:  Vikrant Bhargava, Veddis Ventures
 
Investors:  Veddis Ventures

Amount raised:  $800,000 
 
Details:  Bright Things plc has announced that its flagship venture, SocialGO has received an $800K investment from Gibraltar-based Veddis Ventures. Vikrant Bhargava of Veddis Ventures has joined the board as a non-executive director. In addition, Bright Things has acquired Get On With It (GOWIT) Ltd., which has been providing development and support services for SocialGO since 2007. GOWIT directors Stephen Hardman and Alex Halliday will also join the board as joint managing directors.

Link:  Press Release

Spartoo.com, the European internet footwear retailer has raised €12 million

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:  F231109-330
 
Business:  Spartoo
Web:  http://www.spartoo.com
Location:  France, Paris
Region:  Europe
Business description:  Internet footwear sales with over 600 000 regular customers and over 4 million unique visitors (Nielsen, November 2009). Spartoo.com operates in France, Belgium, Luxembourg, the United Kingdom and Italie.
Category: Retail
Contact 1:  Boris Saragaglia, co-founder and CEO, Spartoo.com
Contact 2:  Paul Lorne, co-founder
Contact 3:  Jérémie Touchard, co-founder
Contact 4:  Fergal Mullen, General Partner, Highland Capital Partners
Contact 5:  Bernard Vogel, Managing Partner, Endeavour Vision
 
Investors:  Led by Highland Capital Partners and Endeavour Vision, who have been joined by existing investors A Plus Finance  and CM-CIC Capital Privé.
  
Amount raised:  € 12,000,000 
 
Details:  Spartoo.com, the European internet footwear retailer has closed on a €12 million Series B round of financing to accelerate growth and reinforce its position in Europe. The company was formed 3 years ago.

Link:  Press Release

Social game start-up 6 Waves Raises $17.5 Million

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:  F231109-325
 
Business:  6 waves
Web:  http://www.6waves.com
Location:  Hong Kong
Region:  Asia
Business description:  Publisher and developer of gaming applications on the Facebook platform.Games include Happy Harvest, My Fishbowl, Crazy Office, and Medical Mayhem.
Category: Social Network, Online Games, Apps
Contact:  Rex Ng, co-founder
  
Investors:  Insight Venture Partners

Amount raised:  £17,500,000  
 
Details:  6 waves has raised $17.5 million from Insight Venture Partners. the company intends to continue expansion not just as a developer but as a full-on publisher, offering distribution and monetization services to social game developers around the world. The company, was founded by former Yahoo employees.
Link:  Inside Facebook

BuyWithMe.com raises $5.5 Million From Matrix 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:  F231109-326
 
Business:  BuyWithMe.com
Web:  http://www.buywithme.com
Location:  USA, Boston, MA
Region:  North America
Business description:  The company is focused on providing  marketing solutions using group buying mechanisms and leveraging social media. By aggregating the purchasing power of its buyer network, the company enables special pricing to be made available only to the groups of users that band together on its site.  These deals deliver immediate customer interest and merchants get a very effective “pay-per-customer” marketing medium with great recognition and no risk.
Category: Social Network, Retail
Contact 1:  Andrew Moss, CEO and founder of BuyWithMe.com
Contact 2:  Nicholas Beim, General Partner at Matrix Partners
 
Investors:  Matrix Partners
  
Amount raised:  $5,500,000  
 
Details:  BuyWithMe.com has secured $5.5 million in growth capital from Matrix Partners.  The company intends to scale rapidly, benefiting from its loyal vendor relationships and tens of thousands of dedicated buyers from three initial markets of Boston, Washington DC and San Diego.  Under the terms of the agreement, Nicholas Beim, General Partner at Matrix Partners, will join BuyWithMe’s board of directors.

Link:  Press Release

Sway, Inc. raises $2M to support its social media content distribution business Shoutlet

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:  F231109-327
 
Business:  Sway, Inc. (Shoutlet)
Web:  http://www.shoutlet.com
Location:  USA,  Middleton, WI
Region:  North America
Business description:  Sway, Inc. is a Middleton, Wisconsin-based social media company which licenses its social media marketing platform, Shoutlet. Founded in 2004, Sway, Inc. works with leading B2C and B2B companies to integrate Shoutlet into their overarching social media outreach efforts.
Category: Social Network, Marketing
Contact 1:  Jason Weaver, Sway, Inc. CEO
Contact 2:  Steve Miller, Managing Director at Origin Ventures
 
Investors:  Origin Ventures and Leo Capital Holdings   
Amount raised:  $2,000,000 
 
Details:  Sway, Inc. has secured a $2 million Series A funding round to support the growth of Shoutlet, its social media content distribution and communications platform. The financing was co-led by Origin Ventures and Leo Capital Holdings, both based in suburban Chicago. This funding follows a $1.2 million seed round raised in 2007.  Current Shoutlet customers include American Family Insurance, Solo, and Cannondale.

Link:  Press Release