Video marketing firm VisibleGains raised $2 million in 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:  F231109-266
 
Business:  VisibleGains
Web:  http://www.visiblegains.com
Location:  USA, Waltham, MA
Region:  North America
Business description:  Video marketing firm
Category: Video: B2B
Contact 1:  Clifford M. Pollan, President and CEO
Contact 2:  Matt Kaplan, Vice President Marketing and Chief Strategy Officer
 
Investors:  From existing investors including BlueCrest Capital Finance, Castile Ventures, CommonAngels, and others.
 
Amount raised:  $2,000,000
 
Details:  VisibleGains raised $2 million in funding, according to an SEC filing. paidConent reports that the company has raised around $23 million in total, including a $3 million round of debt in April 2008.

Link:  Regulatory Filing

Google is acquiring AppJet, the small startup that builds the popular collaboration tool EtherPad

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:  F231109-260
 
Acquirer:  Google
ACQ Web:  http://www.google.com
Location:  USA, California
Region:  North Amerca
Description:  Internet search, e-mail, online mapping, office productivity, social networking, video sharing
Category:  Search
 
Vendor:  AppJet
Vendor Web:  http://appjet.com
Location:  USA, San Francisco, CA
Region:  North America
Description:  AppJet is the company and technology behind EtherPad, the popular online collaborative word processor.
Category: Web Tecchnology
Contact 1:  CEO Aaron Iba,
Contact 2:  CTO J.D. Zamfirescu
Contact 3:  COO Daniel Clemens

Aprox. Value:  According to TechCrunch the acquisition price is apparently in the low eight figures 
 
Details:  Google is acquiring AppJet, the small startup that builds the popular collaboration tool EtherPad. The AppJet team is joining the Google Wave team. AppJet had raised just over $700,000 in funding.
 
Link: Blog announcement

Xinhua Sports & Entertainment Limited to acquire NuCom Online Corporation

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:  F231109-259
 
Acquirer:  Xinhua Sports & Entertainment Limited
ACQ Web:  http://www.xsel.com/en/
Location:  China, Beijing
Region:  Asia
Description:  Sports and entertainment media company in China,
Category:  Media
Contact 1:  Ms. Fredy Bush, CEO
Contact 2:  Tina Ju, Managing Partner of KPCB China  
 
Vendor:  NuCom Online Corporation
Vendor Web:  http://www.nubb.com
Location:  China, Beijing
Region:  Asia
Description:  A leading sports media company. NuBB provides broadband sports content, including live and delayed NBA games and highlights, and has one of the largest online sports communities in China with over 8 million registered users, 1.5 million average daily click-thru of video highlights, and over 15 million monthly unique visitors.
Category: Media
Contact:  Mr. Allen Hsu will join XSEL as a new independent director of the board
 
Aprox. Value:  NuCom is valued at US$27.6 million. XSEL will issue approximately 8.5 million American depositary shares, (or “ADS”) valued at US$1.83 per ADS.  An additional 6.6 million ADS will be issued only if NuBB achieves certain revenue targets for 2010 and 2011.  Management believes NuBB may generate average annual net income of US$2.3 million for the period between 2010 to 2012.
 
Details:  Xinhua Sports & Entertainment Limited (NASDAQ:XSEL; “XSEL”) has entered into an agreement to acquire NuCom Online Corporation (“NuCom”). As a result of the transaction, shareholders of NuCom including KPCB China will become shareholders of XSEL.
 
Link: Press Release

Xinhua Sports & Entertainment Limited to acquire China Sports Media

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:  F231109-258
 
Acquirer:  Xinhua Sports & Entertainment Limited
ACQ Web:  http://www.xsel.com/en/
Location:  China, Beijing
Region:  Asia
Description:  Sports and entertainment media company in China,
Category:  Media
Contact:  Ms. Fredy Bush, CEO
 
Vendor:  China Sports Media
Location:  China, Beijing
Region:  Asia
Description:  China’s leading sports media rights distributor. CSM has popular domestic, Asia, and other content including the China Basketball Association (CBA), China Soccer League (CSL), AFC Champions League, Soccer’s World Cup Qualifiers, AFC Asian Cup, Mission Hills Golf World Cup, FIFA Club World Cup, FIVB Volleyball World Championships and others.
Category: Media
Contact 1:  Li Yi Dong, CEO
Contact 2:  Mr. LC Chang, a shareholder and director (will become President of XSEL, reporting to Fredy Bush, CEO)
 
Aprox. Value:  Under the terms of the transaction, CSM is valued at US$15.5 million, of which US$10.5 million will be paid in the form of approximately 5.7 million American depositary shares, (or “ADS”) valued at US$1.83 per ADS and US$5 million in cash. Management believes that CSM may generate average annual net income of US$3.3 million for the period from 2010 to 2012.
 
Details:  Xinhua Sports & Entertainment Limited (NASDAQ:XSEL; “XSEL”), a leading sports and entertainment media company in China, announced today that it has entered into an agreement to acquire China Sports Media (“CSM”), China’s leading sports media rights distributor.
 
Link: Press Release

Smaato Closes $4.5M Financing Round

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:  F231109-265
 
Business:  Smaato
Web: http://www.smaato.com
Location:  USA, Redwood Shores, California/Germany
Region:  North America/Europe
Business description:  Mobile ad optimizer and mobile advertising company
Category: Advertising: Mobile
Contact:  Ragnar Kruse, CEO and Co-Founder

Investors:  Aeris CAPITAL led the $4.5 million round, with an undisclosed partner and existing shareholders also participating.

Round:  Round B
Amount raised:  $4,500,000
Participants:  
 
Details:  Smaato, has raised $4.5 million. The capital will be used to grow the company’s  position as the largest mobile advertising optimizer, and to grow its global presence.
Link:  Press Release

Social dating community Zoosk has closed a $30 million Series D round of 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:  F231109-264
 
Business:  Zoosk
Web: http://www.zoosk.com 
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Social dating community
Category: Social Networking: Dating
Contact:  Shayan Zadeh, co-founder and co-CEO
  
Investors:  The round was led by new investor Bessemer Venture Partners. Existing investors Canaan Partners and ATA Ventures also participated.
 
Round:  Round D
Amount raised:  $30,000,000
Participants:  3
 
Details:  Zoosk has closed a $30 million Series D round of funding. David Cowan, a partner at Bessemer Venture Partners, joins Zoosk’s Board of Directors. The funds will support the company’s rapidly growing user base, continued global expansion, marketing activities in key geographies, and investments in new features and applications.
Link:  Press Release

Online media company, OwnerIQ has raised $5.8 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:  F231109-263
 
Business:  OwnerIQ
Web:  http://www.owneriq.com
Location:  USA, Boston, MA
Region:  North America
Business description:  Online media company to deliver customized ownership targeted media programs
Category: Advertising
Contact 1:  Jay Habegger, Co-Founder & Chief Executive Officer
Contact 2:  Doug Shattuck, Co-Founder & Chief Financial Officer
Contact 3:  Eric Mabley, Co-Founder & Executive Vice President
Contact 4:  Connie Johnson, Co-Founder & Vice President of Sales
Contact 5:  Chris Back, Co-Founder & Vice President of Technical Operations

Investors:  Led by Kepha Partners, the round includes participation by all of OwnerIQ’s current investors: Atlas Venture; Egan-Managed Capital; CommonAngels and Mass Technology Development Corporation.

Amount raised:  $5.800,000
Participants:  5
 
Details:  OwnerIQ has raised $5.8 million in growth financing. The funding will be used to fuel the continued growth of the company’s New York based advertising sales operation, expanding the scope and depth of OwnerIQ’s proprietary data solutions, and the continued enhancements to OwnerIQ’s advanced media-buying platform.
Link:  Press Release

Complex Media Network has raised £12.8M

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:  F231109-262
 
Business:  Complex Media Network
Web:  http://www.complexmedianetwork.com
Location:  USA, New York, NY
Region:  North America
Business description:  Compllex magazine, complexmedia.com and 26 other sites (by my count) aimed at 20 something males.
Category: Media
Contact 1:  Rich Antoniello, CEO
Contact 2:  Michael Golden, Chairman
 
Investors:  Undisclosed

Amount raised:  $12,820,000
Participants:  
 
Details:  Complex media Network has raised £12.82 million dollars according to and SEC filing.

Link:  Regulatory Filing

gWallet, monetization platform for social media, raises $12.5 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:  F231109-261
 
Business:  gWallet
Web:  http://www.gwallet.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Virtual currency platform for social media developers.
Category: Advertising: Web Technology
Contact:  Gurbaksh Chahal, founder  
 
Investors:  round led by Adams Street Partners and Trinity Ventures.
 
Round: Round A 
Amount raised:  This brings total funding raised to $12.5 million.
 
Details:  gWallet has closed its first institutional funding round.This brings total funding raised for the startup to $12.5 million. gWallet is the third startup for founder Gurbaksh Chahal. He sold ClickAgents, ValueClick for $40 million and his second venture, behavioral advertising network BlueLithium to Yahoo! in October 2007 in a $300 million transaction.
Link:  Press Release

Local online ad tech provider PaperG has raised $1.1

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:  F231109-260
 
Business:  PaperG
Web:  http://paperg.com/
Location:  USA, New Haven, CT
Region:  North America
Business description:  Online ad platforms. Their Flyerboard platform is a virtual bulletin board on around 50 leading local websites across the USA.
Category: Advertising
Contact 1:  Victor Wong – Chief Executive Officer
Contact 2:  Roger Lee – Chief Operating Officer
Contact 3:  Victor Cheng – Chief Technology Officer

Investors:  Launch Capital led the round. Among the other participants included AppNexus CEO Brian O’Kelley, former Boston.com publisher Steve Taylor, and Recovering Journalist’s Mark Potts.

Round:  Round B
Amount raised:  $1,100,000
 
Details:  Local online ad tech provider PaperG has raised $1.1 million in its second round of funding. The funds will be partly ised to recruit more staff.

Link:  PaidContent