Fusion Corporate Partners

Twitter has acquired CardSpring. Based in San Francisco, CardSpring is an application platform that lets developers build card-linked digital coupons, virtual rewards, and loyalty programs that work with credit cards and other types of payments. The terms of the deal were not disclosed.

Founded by Amit Kumar, Jeff Winner, Eckart Walther and Geraud Boyer, CardSpring’s raised $10 million in venture funding from Grelock Partners and Accel Partners in January 2012. Seed investors include Morado Venture Partners, SV Angel, Data Collective, Felicis Ventures and the Webb Investment Network.

Read the announcement on the CardSpring website here, and on the Twitter blog here.

USA, San Francisco, CA

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Scribble Technologies, a content engagement platform, has acquired CoveritLive from Demand Media. Used by brands like Marvel, Ford, NFL, NHL, BBC, and Fox, CoveritLive provides deep functionality around the design and production of interactive content. Demand Media acquired CoveritLive early in 2011.

“2014 has been a great year for Scribble and our company’s growth. We’ve expanded our international presence, released a new enterprise product, and powered more than 4 billion engagement minutes in the past 30 days alone,” said Vincent Mifsud, CEO at ScribbleLive. “CoveritLive will help us accelerate our growth rate even further and exponentially increase our influence in the market.”

In the immediate future ScribbleLive and CoveritLive will operate as separately branded solutions. Over time Scribble will integrate the two products.

ScribbleLive is the leading end-to-end content engagement platform that enables brands, sports organizations and media companies to drive engagement on their digital assets resulting in improved retention and acquisition of customers, fans and audiences. ScribbleLive has an international network of customers including world-class brands such as Samsung, Shell, PwC, CNN, The Football League, Mashable, Reuters, Fast Company, CNET and hundreds of others. The company was founded in 2008 and has offices in Toronto, New York, Nashville, London, Dubai, Melbourne, and Sao Paulo. ScribbleLive is a Twitter Certified Product. For more information, visit .

Canada, Toronto & USA, Santa Monica, CA

Related articles:

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• Demand for media IPOs growing – Demand Media and Nielsen shares soar above their IPO prices Posted on January 27, 2011
• Demand Media IPO – Details Posted on August 13, 2010
• Demand Media hires Goldman Sachs to explore IPO offering April 16, 2010

LinkedIn has acquired Newsle, a service that sends you notifications when people you know or care about are in the news. The terms of the deal were not disclosed.

The announcement follows:

We know LinkedIn is a place you visit to stay up-to-speed on your network, showcase and strengthen your professional identity and read content to glean professional insights that help you make more informed business decisions.

Over the past year or so, we’ve introduced several new ways for you to further access this exchange of information to be better informed, educated and inspired by the business knowledge that exists on LinkedIn. For example, we’ve given you the ability to publish long form posts and add photos, videos and presentations to your profile; integrated LinkedIn and Pulse; and launched the Influencer program. But there’s more work to be done. That’s why I’m so excited to welcome Jonah Varon, Axel Hansen and the rest of Newsle to the LinkedIn family.

LinkedIn and Newsle share a common goal: We both want to provide professional insights that make you better at what you do. For example, knowing more about the people in your network – like when they’re mentioned in the news – can surface relevant insights that help you hit your next meeting with them out of the park.

For the last three years, Newsle has leveraged its disambiguation, natural language processing and machine learning algorithms to build an extremely compelling product that finds blogs and articles that mention you or anyone you care about – colleagues, bosses, industry thought leaders, etc. – and notifies you seconds after they’ve published. We’re excited to work with Newsle’s team to combine this technology with our core assets and build experiences that continue to make you and millions of other professionals more productive and successful.

In the meantime, Newsle users will continue experiencing this great product as always. Newsle has done an amazing job creating a service that professionals rely on daily for insights, and we look forward to making the experience even better together. Please join me in welcoming Newsle to LinkedIn, and click here for Newsle’s take.

USA, Mountain View & San Francisco, CA

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