Video advertising network BrightRoll Secures $10M 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:  F231109-342
 
Business:  BrightRoll
Web:  http://www.brightroll.com
Other Web Links: Blog
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Video advertising network, helps major brands and agencies execute “smart video ad campaigns” across the industry’s leading publishers, including three-fourths of the top 100 online media properties in the United States
Category: Advertising, Video
Contact 1:  Tod M. Sacerdoti Chief Executive Officer
Contact 2:  Dru Nelson Chief Technical Officer
Contact 3:  Rob Theis, Managing Director, Scale Venture Partners (joins the board) 
 
Investors:  Led by Scale Venture Partners. Existing investors True Ventures, Adams Street Capital and KPG Ventures also participated in this funding round.
Amount raised:  $10,000,000 
 
Details:  BrightRoll has secured $10M in Series C financing bringing the company’s total venture funding to $16M since its launch in July 2006. The company, which also announced today that it has been profitable for nearly the entire last 12 months, will use this round of financing to expand its technology platform, worldwide advertiser and publisher operations, and increase its leadership position in the U.S. BrightRoll also announced today that Rob Theis, Managing Director with Scale Venture Partners, has joined the board.

Link:  Press Release

Almaz Capital Acquires 23% of online casual games company Alawar Entertainment

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:  F231109-317
 
Acquirer:  Almaz Capital
ACQ Web:  http://almazcapital.com 
Location:  Russia, Moscow
Region:  Europe
Description:  Almaz Capital Russia Fund I is managed by Almaz capital and sponsored by Cisco, UFG and EBRD
Category:  Fund
Contact 1: Serguei Beloussov, Ph.D.
Contact 2: Pavel Bogdanov, Ph.D.
Contact 3: Yuriy Fedorov
Contact 4: Alexander Galitsky, Ph.D.
Contact 5: Peter Loukianoff
Contact 6: Charles Ryan

Vendor:  Finam Capital
Vendor Web:  http://www.finamcapital.com/alavar.html
Location:  Russia, Moscow
Region:  Europe
Business Sold: Alawar Entertainment  
Description:  Founded in 1999, Alawar Entertainment has over ten years of experience in the development, publication and distribution of casual games. In 2004, Alawar entered the Eastern European market and became the first company to sell casual games to Russian-language consumers. The company’s catalog currently includes around 250 globally popular casual games.
Category: Online Games
Contact:  Andrew Postnikov, COO

Aprox. Value:  $3,000,000 for 23% equity
 
Details:  According to Quintura,  Almaz Capital Russia Fund I has invested about $3 million for a 23% stake in the Eastern European casual games company, Alawar Entertainment. The 15% stake was purchased from Finam Capital Partners and the other 8% was purchased from business angel investor, Elcomsoft President, Alexander Katalov.
 
Link: Quintura Blog

Related link

Geneology website business MyHeritage.com has acquired OSN Group

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:  F231109-316
 
Acquirer:  MyHeritage
ACQ Web:  http://www.myheritage.com
Other Web Links: Blog,  Twitter and Facebook   
Location:  Israel, Bnei Atarot
Region:  Europe, Middle East & Africa
Description:  An online network for families and the second largest family history website.  MyHeritage.com offers a  suite of tools and technologies for managing family connections online.
Category:  Geneology, Social Network
Contact 1:  Gilad Japhet, founder and CEO
Contact 2:  Saul Klein, board member  
 
Vendor:  OSN Group  
Location:  Germany, Hamburg
Region:  Europe
Description:  OSN Group, operates a network of 10  geneology websites, including Verwandt  in Germany,  Dynastree in the US and the UK.  and Moikrewni in Poland. Plus  Miparentela.com, Meusparentes.com.br, Meusparentes.com.pt, Parentistretti.it, Verwant.nl, Familleunie.fr, Akrabaonline.com and Semyaonline.com.
Category: Geneology, Social Network
Contact 1:  Sven Schmidt, founder
Contact 2:  Daniel Grözinger, founder 
 
Aprox. Value:  Undisclosed
Details:  MyHeritage.com has acquired the Hamburg-based OSN Group, which operates a network of 10 geneology sites.
 
Links: 

Glam Media, Inc. has raised approximately $50 million in a private equity mezzanine 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:  F231109-341
 
Business:  Glam Media
Web:  http://www.GlamMedia.com
Other Web Links: Twitter
Location:  USA, Brisbane, CA
Region:  North America
Business description:  Glam Media describes itself asa vertical media company that connects brand advertisers with targeted vertical audiences online.  It has has over 1,400 publishers organized in vertical networks: Glam.com for Women, Brash.com for Men and Tinker.com for real-time Social Media.
Category: Media, Advertising
Contact 1:  Samir Arora, Founder, Chairman and CEO
Contact 2:  Fernando Ruarte, Co-Founder, CTO and EVP Engineering
Contact 3:  Raj Narayan, Co-Founder, Architect and VP, Engineering
Contact 4:  Ernie Cicogna, Co-Founder, EVP Glam Global Partners
Contact 5:  Stephen Recht, CFO
Contact 6:  Dr. Marcel Reichart, Managing Director of DLD Ventures

Investors:  Led by Aeris CAPITAL with existing Glam Media Series D Investors Burda Digital Holding—the digital arm of Hubert Burda Media—and Mizuho Capital participating.
 
Round:  Series E round
Amount raised:  $50,000,000
 
Details:  Glam Media, Inc. has raised approximately $50 million in a private equity mezzanine funding. The new funding will be used to open a Digital Media Technology Center, invest in new International markets, launch new Audience-based Vertical Channels, do strategic M&A to build the Glam Media Platform and build an alternative to portals for top brand advertisers.It is thought by some commentators that the values the company at $750 million.

Link:  Press Release

Online shopping and research behavior business BlueKai raises $13.7 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:  F231109-341
 
Business:  BlueKai
Web:  http://www.bluekai.com
Other Web Links: 
Location:  USA, Seattle, WA
Region:  North America
Business description:  Online intent data exchange to better connect advertisers with their target consumers online. BlueKai aggregates shopping and research activities across the Internet, offering non-personally identifiable actionable data to marketers, ad networks, and publishers on over 200 million retail, travel, auto, education and financial product shoppers online.
Category: Marketing, Market Research
Contact 1:  Omar Tawakol, CEO of BlueKai
Contact 2:  Jeff Richards, Partner at GGV Capital
 
Investors:  Led by GGV Capital www.ggvc.com  (formerly Granite Global Ventures). The round includes investments from existing investors Redpoint Ventures www.redpoint.com and Battery Ventures www.battery.com .

Amount raised:  $13,700,000
 
Details:  BlueKai has closed a C round of financing .  The company had previously raised a total of $13.7 million in two rounds of funding from Redpoint and Battery. As part of the current funding round, BlueKai added Jeff Richards, Partner at GGV Capital, to its Board of Directors.
Link:  Press Release

Yodle, a local online advertising and lead generation company,has completed a $10M funding 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:  F231109-340
 
Business:  yodle
Web:  http://www.yodle.com
Other Web Links: Twitter, Facebook, YouTube
Location:  USA, New York, NY
Region:  North America
Business description:  Provider of local online advertising and lead generation services
Category: Advertising
Contact:  Court Cunningham, Chief Executive Officer
 
Investors:  Led by JAFCO Ventures and joined by Bessemer Venture PartnersDraper Fisher Jurvetson and Draper Fisher Jurvetson Growth 
 
Amount raised:  $10,000,000 
 
Details:  Yodle has completed a $10 million Series D funding round. The round brings Yodle’s total financing to $38 million. The investment will be used for increased investment in innovation and new product launches to be announced in the coming months.

Link:  Press Release

ichange, an online health and weight-Loss community, closes a funding 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:  F231109-339
 
Business:  iChange Networks
Web:  http://www.ichange.com
Other Web Links: BlogTwitter, Facebook
Location:  USA, Pasadena, CA
Region:  North America
Business description:   Online health and Weight-Loss Community Led by Professional Counselors
Category: Social Network, Health
Contact 1:  Stuart MacFarlane, CEO of iChange Twitter
Contact 2:  Andy Wilson, Managing Director of Momentum Venture Management

Investors:  Momentum Venture Management of Los Angeles

Amount raised:  Undisclosed 
 
Details:  iChange Networks  has announced that it closed a funding round with Momentum Venture Management () in a syndicate with angel investors. Stuart MacFarlane, a principal at Momentum, has been appointed as the company’s CEO.

Link:  Press Release

Ustream raises $75 million Series B funding from SOFTBANK of Japan

 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:  F231109-338
 
Business:  Ustream
Web:  http://www.ustream.tv
Other Web Links: BlogTwitterMySpaceFacebook
Location:  USA, Mountain View, CA
Region:  North America
Business description:  Live interactive video broadcast platform that enables anyone with a camera and an Internet connection to quickly and easily broadcast to a global audience.
Category: TV, Video
Contact 1:  John Ham, founder, CEO
Contact 2:  Dr. Gyula Feher, founder
Contact 3:  Brad Hunstable, founder  
 
Investors:  SOFTBANK GROUP of Japan
Exitisting investors:  DCM, Western Technology Investors, Band of Angels Fund and Infinity Venture Partners Incubator Fund of Japan
 
Amount raised:  SOFTBANK invested approximately $20 million (approximately JPY 1.8 billion, investment ratio of 13.7%) in Ustream, Inc. Assuming all available options granted to the Company to acquire additional shares are exercised by July 2011, the Company’s total investment is expected to be approximately $75 million (investment ratio expected over 30%) and will result in the Company becoming Ustream’s top shareholder.
 
Details:  Ustream has announced a $75 million Series B funding round lead by SOFTBANK of Japan, one of Asia’s largest internet and telecom companies with a large mobile presence. Additional funding commitments are pending from other investors in the U.S. and Asia. The funding will help fuel Ustream’s growth in the U.S. and Asia Pacific, specifically to pursue opportunities in Asia in Japan, China, Korea and India.
Links:  Ustream’s ress Release   SOFTBANK’s Announcement

Associated Northcliffe Digital buys Dothomes.co.uk and Extate.co.uk

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:  F231109-315
 
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:  BytePlay
Vendor Web:  http://ww.byteplay.com/blog
Location:  UK, London
Region:  Europe
Business Sold: Dothomes.co.uk and Extate.co.uk, domain names only
Description:  Property search engine based on an advertising revenue model that enables US, UK and South African readers to search property Websites. DotHomes employs an advertising business model.
Category: Property, Search
Contact 1:  Douglas de Jager,Co-Founder
Contact 2:  Artemi Krymski, Co-Founder  
 
Aprox. Value:  Undisclosed
 
Details:  Following on from it’s acquisition of Globrix (see Fusion DigiNet Database Reference F231109-306) Associated Northcliffe Digital has bought the domain names (but not the businesses themselves) of Dothomes and Extate. All traffic is being redirected to FindaProperty.
 
Link: Estate Agent Today

Ten Alps Communications Asia acquires websites, events and publications from RBI Asia

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:  F231109-314
 
Acquirer:  Ten Alps Communications Asia Pte Limited
ACQ Web:  http://www.tenalps.com
Other Web Links: Twitter
Location:  Singapore
Region:  Asia
Description:  Ten Alps has formed Ten Alps Communications Asia Pte Limited (TACA), registered in Singapore, in which it holds a 60% stake alongside Karay Holdings Pte Limited, who holds the remaining 40%. Ten Alps has an option to acquire the Karay holding in 2013. TACA will be run by Raymond Wong and report to the Ten Alps Communications division. Raymond is the former Managing Director of RBI Asia.
Category:  Media, Events, Publishing, Televison
Contact 1:  Raymond Wong, CEO, Ten Alps Communications Asia Pte
Contact 2:  Adrian Dunleavy, Chief Executive of Ten Alps’ Communications Division
Contact 3:  Alex Connock, CEO, Ten Alps PLC
 
Vendor:  Reed Business Information Asia
Vendor Web:  http://www.reedbusiness.com.sg 
Location:  Singapore
Description:  Reed Business Information (RBI) Asia provides business-to-business information services in Asia . Headquartered in Singapore and with offices in Hong Kong , Malaysia, Thailand, Taiwan and South Korea , RBI Asia provides information services to various sectors such as electronics, manufacturing, television and entertainment and travel and meetings. RBI Asia also provides other B2B information solutions such as Bankers’ Almanac, Mardev Asia and eGuide/ Kellysearch directory. Reed Business Information Asia is part of Reed Business, a division of Reed Elsevier PLC group. In addition, with effect from 1 February 2010, TACA has agreed to purchase the trade of Interface. Interface specialises in media sales, digital and online search engine optimisationservices in the Asian business to business sector.
Category: Media, Events, Publishing, Televison, Directory
Contact 1:  Luke Rattigan, Chief Executive Officer 
Contact 2:  Lim Suet Ni, Financial Controller 
Contact 3:  Chen Wai Chun, Group Publisher (Electronic Group)
Contact 4:  June Tan, Publisher (Manufacturing Group) and (TV & Entertainment Group)
Contact 5: Patti Mo, Director (Publishing Services)

Aprox. Value:  Undisclosed
 
Details:  TACA has purchased ten titles from RBI Asia including websites, events and publications associated with the following assets: Television Asia, Asia Image, Payload Asia, Control Engineering Asia, Asia Food Journal, Pharma Asia, Electronics Manufacturing Asia, Electronics Manufacturing China, Logistics Insight Asia and Travel Weekly China.
 
Link: Ten Alps announcement