GOGII, next generation texting app textPlus, has raised $8.2M

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:  F231109-281
 
Business:  GOGII
Web:  http://www.gogii.com/
Location:  USA, Marina del Rey, CA
Region:  North America
Business description:  iPhone applicaiton textPlus text chatrooms and groups)
Category: Apps: Mobile
Contact 1:  Austin Murray, Founder & President, GOGII
Contact 2:  Zack Norman, Founder & CCO, GOGII
Contact 3:  Scott Lahman, Founder & CEO, GOGII
Contact 4:  Dana Stalder, General Partner , Matrix Partners

Investors:  Led by Matrix Partners, with existing investor Kleiner Perkins Caufield & Byers also participating in the round. The company was founded in 2008 by the three founders of JAMDAT Mobile, the leading mobile entertainment publisher that was acquired by Electronic Arts in 2006.
  
Amount raised:  $8,200,000
 
Details:  GOGII, Inc., the creator of the next generation texting application textPlus, announced today that it has raised $8.2 million in a round of financing. The new funding is the second round of successful financing for the quickly growing mobile start-up, which raised a Series A round from Kleiner Perkins’ iFund in December 2007.

Link:  Press Release

Newsy.com owners, Media Convergence Group, raise $450K

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:  F231109-280
 
Business:  Media Convergence Group
Web:  http://www.mediaconvergencegroup.com
Location:  USA, Columbia, MO
Region:  North America
Business description:  Owner of newsy.com, online video news site
Category: News: Media
Contact:  Jim Spencer, president and founder
 
Investors:  According to paidContent, the funding came from Missouri-based private investors.
 
Round:  Round A
Amount raised:  $450,000 of a $2,000,000 funding

Details: Media Convergence Group, the company that owns newsy.com, has raised $450,000 worth of a $2 million first round of funding.
 
Link:  Regulatory Filing

Bloomberg Acquires Clean Energy Data Leader New Energy Finance

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:  F231109-265
 
Acquirer:  Bloomberg L.P.
ACQ Web:  http://www.bloomberg.com
Location:  USA, New York, NY
Region:  North America
Description:  Data, news, analytic and trading tools for businesses and financial professionals. BLOOMBERG PROFESSIONAL®, BLOOMBERG TELEVISION®, BLOOMBERG RADIO®, BLOOMBERG MARKETS®,BLOOMBERG BUSINESSWEEK and BLOOMBERG.COM®
Category:  Trade data, Information
Contact 1:  Peter T. Grauer, chairman
Contact 2:  Beth Mazzeo, head of global data

Vendor:  New Energy Finance
Vendor Web:  http://www.newenergyfinance.com/
Location:  United Kingdom, London
Region:  Europe
Description:  News, data and analysis on renewable energy, carbon markets, energy efficiency, biofuels, carbon capture and storage, and nuclear power. New Energy Finance was founded in 2004 and serves banking, private equity and venture capital investors, asset managers, manufacturers, oil and gas companies, utilities, NGOs, development banks and governments.
Category: Trade data, Information
Contact 1:  Michael Liebreich, chairman and CEO
Contact 2:  Guy Turner, director of carbon market research

Aprox. Value:  Undisclosed
 
Details:  Bloomberg Acquires Clean Energy Data Leader New Energy Finance. “New Energy Finance and Bloomberg have complementary expertise and data that will help set new standards, increase market liquidity and provide our customers with incomparable investment tools to establish a global framework for these markets,” said Beth Mazzeo, head of global data at Bloomberg.
 
Link: Press Release

Enterprise search business Coveo raises $8.2M

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:  F231109-279
 
Business:  Coveo
Web:  http://www.coveo.com
Location:  Canada, Quebec, QC
Region:  North America
Business description:  Provider of enterprise search solutions
Category: Search, Technology

Contact 1:  Louis Tetu, Executive Chairman, Coveo
Contact 2:  Laurent Simoneau, President and CEO, Coveo
Contact 3:  Réjean Asselin, BDC Venture Capital Director
Contact 4:  Charles Sirois, Chairman of Telesystem Ltd. and Propulsion Ventures
Contact 5:  Gaétan Morin, executive vice president of investments, The Solidarity Fund QFL

Investors:  Led by the Business Development Bank of Canada (BDC Venture Capital), and included all existing major investors, among them Propulsion Ventures SEC, The Solidarity Fund QFL, and Coveo Chairman Louis Têtu
  
Round:  Round B
Amount raised:  $8,200,000
 
Details:  Coveo has completed it $8.2M Series B financing. It plans to use the proceeds of the financing to fund its ongoing expansion. The company plans to hire an additional 60 employees over the next two years and accelerate its industry-leading product development.

Link:  Press Release

SendGrid has raised $750,000 in Series A funding

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:  F231109-278
 
Business:  SendGrid
Web:  http://sendgrid.com
Location:  USA, Colorado
Region:  North America
Business description:  SendGrid is an email service that solves the problems faced by companies delivering email. These problems include email deliverability, scalability, metrics, and the time consuming tasks to implement email features such as unsubscribe links, anti-spam regulations, and corporate branding.
Category: Technology
Contact 1:  Isaac Saldana, CEO & founder isaac@sendgrid.com
Contact 2:  Tim Jenkins, Co-founder & Backend Engineer tim@sendgrid.com
Contact 3:  Jose Lopez, Co-founder & Frontend Engineer jose@sendgrid.com
 
Investors:  Led by  Highway 12 Ventures, with  SoftTech VC,  FF Angel LLC, TechStars-founders  David Cohen and other angel investors participating. Incubated by TechStars,
 
Round:  Round A
Amount raised:  $750,000
 
Details:  SendGrid has raised $750,000 in Series A funding. SendGrid will use the funds to to expand its development, marketing and sales efforts.
 
Link:  Washington Post

Location based social network Gowalla raises $8.4 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:  F231109-277
 
Business:  Gowella
Web:  http://gowalla.com/
Location:  USA, Austin, TX
Region:  North America
Business description:  Location-based social networking service. The Gowalla service is currently available on iPhone and Android.
Category: Social Network
Contact 1:  Josh Williams, co-founder and CEO of Gowalla
Contact 2:  David Thacker, Graylock Partners
Contact 3:  Reid Hoffman, Graylock Partners
 
Investors:  Silicon Valley-based venture capital firm Greylock Partners led the round. New investors joining this round include: Shasta Ventures, Maples Investments, Ron Conway, Kevin Rose, Gary Vaynerchuk, Shervin Pishevar, Jason Calacanis and Chris Sacca. Existing investors Alsop-Louie Partners and Founders Fund also participated in the round.
  
Round:  Round B
Amount raised:  $8,400,000
 
Details:  Gowalla has completed a Series B funding round totaling $8.4 million. The capital infusion will be used to strengthen growth efforts and further enhance Gowalla’s development capability. Reid Hoffman, LinkedIn Co-Founder and Executive Chairman and Partner at Greylock, will join Gowalla as a board observer. With this latest funding, Gowalla has now raised more than $10 million since it was founded in 2007.

Link:  Press Release

Tonchidot, augmented reality browser Sekai Camera, has raised a $4M

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:  F231109-276
 
Business:  Tonchidot
Web:  http://tonchidot.com/
Location:  Japan
Region:  Asia
Business description:  Augmented Reality
Category: Technology: Images
Contact 1:  Takahito Iguchi, Chief Executive
Contact 2:   Ken Inoue, Tonchidot’s CFO
Contact 3:  Osuke Honda, a principal at DCM
 
Investors:  From venture firm DCM and its seed investor Itochu Technology Ventures
  
Amount raised:  $4,000,000
 
Details:  Tonchidot, the Japanese startup behind the augmented reality browser Sekai Camera, has closed a $4 million Series A financing round. 

Link:  WSJ blog

Content syndicator Mochila has raised $1 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:  F231109-275
 
Business:  Mochila
Web:  http://www.mochila.com
Location:  USA, Delaware
Region:  North America
Business description:  Online marketplace for syndicated content from hundreds of the world’s leading content providers
Category: Syndication
Contact 1:  Benjamin Chen, Chairman and Chief Executive Officer
Contact 2:  Carolyn Bekkedahl, President, Chief Revenue Officer
 
Investors:  The SEC filing shows that The Greenspun Group and Charles River Ventures have returned for this round of funding. Previous investors are Charles River Ventures, Greenspun Corporation, Jerry Colonna, Mission Ventures and A.H. Belo Corporation
  
Amount raised:  $1,005,118 of $2,010,237 offered
 
Details:  Content syndicator Mochila has raised $1 million. According to paidContent http://paidcontent.org/article/419-content-syndicator-mochila-raising-2-million-in-funding-/ the company has raised over $30 million.

Link:  Regulatory Filing

Outside.in the hyperlocal content and advertising platform, raises $7M

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:  F231109-274
 
Business:  Outside.in
Web:  http://www.outside.in
Location:  USA, Brooklyn, NY
Region:  North America
Business description:  Local media and advertising
Category: Media: Advertising
Contact:  Mark Josephson, CEO, Outside.in

 
Investors:  Led by Union Square Ventures and including CNN Worldwide as a strategic investor. The round includes all previous venture investors, including Village Ventures, Betaworks, the New York City Investment Fund and Milestone Venture Partners, as well as continued support from a strong group of angel investors.
Contact 1:  Said Fred Wilson, principal at Union Square Ventures
Contact 2:  KC Estenson, SVP and general manager, CNN.com 

Round:  Round B
Amount raised:  $7,000,000
 
Details:  Outside.in the hyperlocal content and advertising platform, has announced the close of a $7 million B round of financing. As part of its investment, CNN Worldwide entered into a concurrent multi-year deal to use the Outside.in for Publishers aggregation and curation platform to power hyperlocal news across all of CNN.com and its related properties. The first implementations are expected to be completed in Q1 of 2010.

Link:  Press Release

Apple has acquired music retailer Lala.com

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:  F231109-264
 
Acquirer:  Apple
ACQ Web:  http://www.apple.com
Location:  USA, Cupertino, CA
Region:  North America
Description:  American multinational corporation that designs and manufactures consumer electronics and computer software products
Category:  consumer electronics: software
Contact:  Steve Jobs, CEO http://www.apple.com/pr/bios/jobs.html
 
 Vendor:  Lala
Vendor Web:  http://www.lala.com/
Location:  USA, Palo Alto, CA
Region:  North America
Description:  Online music store allows members to buy, and share music on the web.
Category: Retail
Contact:  Bill Nguyen, founder
 
Aprox. Value:  Undisclosed ($17,000,000 according to TechCrunch)
 
Details:  Apple has acquired music retailer Lala.com. The company was started in 2006 with $35m in venture capital from Bain Capital, Ignition Partners and Warner Music.
 
Link: New York Times