Break Media acquires gaming website FileFront

February 16, 2010 — Fusion DigiNet

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:  F231109-327
 
Acquirer:  Break Media
ACQ Web:  http://breakmedia.break.com 
Location:  USA, Los Angeles, CA
Region:  North America
Description:  Break Media is an entertainment properties and provider of content – video, editorial, and games – to men online. The company’s branded properties are Break.com, CagePotato, MadeMan, Chickipedia, HolyTaco, ScreenJunkies and AllLeftTurns. Plus Break Media publisher sites.
Category:  Online Games
Contact:  Keith Richman, CEO
 
Vendor:  FileFront
Vendor Web:  http://www.filefront.com
Other Web Links: Twitter, Facebook, myspace
Location:  USA, Spring, TX
Region:  North America
Description:  A provider of gaming news, downloads. FileFront was created by I/O Error Development and first launched in December 2001.
Category: Online Games
Contact:  Jon Soucy, senior editor at FileFront
 
Aprox. Value:  Undisclosed (7 figures according to paidContent)
 
Details:  Break Media has acquired FileFront. Break Media will fold FileFront into its primary group of branded sites and invest significantly in the editorial components of the site, with an aim to provide both Break Media and FileFront users with additional premium gaming content.
 
Link: Press Release

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

January 25, 2010 — Fusion DigiNet

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

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Social game start-up 6 Waves Raises $17.5 Million

January 24, 2010 — Fusion DigiNet

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

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Shanda Games buys online game firm Mochi Media for $80 million

January 12, 2010 — Fusion DigiNet

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:  F231109-296
 
Acquirer:  Shanda Interactive Entertainment Limited (NasdaqGS: SNDA)
ACQ Web:  http://www.snda.com/EN/investor/overview.html
Location:  China, Shanghai
Region:  Asia
Description:  Interactive entertainment media company
Category:  Media: Games: Entertainment
Contact 1:  Tianqiao Chen, Chairman of the Board and Chief Executive Officer
Contact 2:  Diana Li,  Chief Executive Officer, Shanda Games
Contact 3:  Hai Ling,  President, Shanda Games
 
Vendor:  Mochi Media
Vendor Web:  http://www.mochimedia.com
Location:  USA, San Francisco, CA
Region:  North America
Description:  Mochi has 15,000 web-browser games and an international user base.
Category: Games
Contact 1:  Jameson Hsu, CEO and co-founder
Contact 2:  Bob Ippolito, CTO and co-founder
Contact 3:  Justin Wong, Vice President of Business Development

Aprox. Value:  $60 million in cash and $20 million in equity arrangements
 
Details:  Shanda Games has made its first U.S. acquisition , buying online game firm Mochi Media for $80 million. Shanda Games also announced it would buy Shanghai-based online game developer Goldcool Games.
 
Link: Reuters
 
 
Related DigiNet Articles   

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Games on demand company Gaikai raises $5M

January 7, 2010 — Fusion DigiNet

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:  F231109-316
 
Business:  Gaikai
Web:  http://www.gaikai.com
Location:  The Netherlands, Greater Amsterdam area
Region:  Europe
Business description:  technology that lets you play any game online in your browser
Category: Technology, Online Games
Contact 1:  David Perry, founder
Contact 2:  Andrew Gault, founder
Contact 3:  Rui Pereira, founder

Investors:  Undisclosed
 
Amount raised:  $5,000,000
 
Details:  No details provided. Mitch Lasky of Benchmark Capital is listed as a director on the filing – his profile

Link:  Regulatory Filing

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Chess.com acquires ChessPark name and members

December 22, 2009 — Fusion DigiNet

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:  F231109-277
 
Acquirer:  Chess.com
ACQ Web:  http://www.chess.com
Location:  USA, Palo Alto, CA
Region:  North America
Description:  Online community for chess players
Category:  Online Games, Social network
Contact:  Erik, Owner Profile 
 
Vendor:  Chesspark.com
Vendor Web:  http://www.chesspark.com
Region:  North America
Description:  Online chess
Category: Online games
Contact:  Jean Hoffman, GM of Chesspark.com
 
Aprox. Value:  Undisclosed
 
Details:  Chess.com did not acquire the technology, servers, or team behind Chesspark – just the name.
 
Link: Press Release

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Social game firm Zynga raises $180M from Russian investor DST

December 16, 2009 — Fusion DigiNet

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:  F231109-292
 
Business:  Zynga
Web:  http://www.zynga.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Social gaming company
Category: Online Games
Contact 1:  Mark Pincus, Founder and CEO
Contact 2:  Andrew Trader, co-founder
 
Investors:  Previous investor Digital Sky Technologies (DST) is leading a group of investors. DST is a Russian investment firm.
 
Amount raised:  $180,000,000  
 
Details:  D.S.T. will invest directly in Zynga while also buying stock from shareholders, including the company’s employees. The move is aimed at giving employees and shareholders of the prominent start-up a way to cash out before an initial public offering. Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.

Link:  New York Times
  
Related DigiNet article

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Social gaming company Zynga raises $15.18M

November 17, 2009 — Fusion DigiNet

FUND RAISING

Business: Zynga
Web: http://www.zynga.com
Location: USA, San Francisco, CA
Region: North America
Description: Social gaming company

Contacts:

  • Mark Pincus, Founder and CEO
  • Andrew Trader, co-founder

Amount raised: $15,187,440

Story Link – SEC filing 

Details

Zynga raised $15.18 million according to a regulatory filing.  No new investors were listed, but the company now has raised $54 million in total.  Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.

   
Database Fund Raising – November 2009

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Playdom Buys Green Patch and Trippert Labs

November 13, 2009 — Fusion DigiNet

ACQUISITION

Acquirer: Playdom
Web: http://www.playdom.com
Location: USA, Mountain View, CA
Description: Online social gaming
Contact: Chairman Rick Thompson

Target 1: Trippert Labs
Web: http://www.trippertlabs.com/
Location: USA, California
Description: iPhone developer

Target 2: Green Patch, Inc
Web: http://www.appdata.com/facebook/devs/index/id/21231
Location: USA, Palo Alto, CA
Description: Facebook game developer

Approximate value: Undisclosed (both deals)

Details

We reported that on 12 Nov 09 (story) Playdom raised $43 million in a first round of venture funding. One day later they have announced the acquisition of Facebook game developer Green Patch, as well as iPhone developer Trippert Labs, both for undisclosed amounts

Story Link – Inside Social Games
Database Acquisitions – November 2009

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Playdom has raised $43 million of investment

November 12, 2009 — Fusion DigiNet

FUND RAISING

Business: Playdom
Web: http://www.playdom.com/
Location: USA, Mountain View, CA
Description: Online social gaming
Contact: John Pleasants, Playdom CEO

Amount raised: $43M

Story Link – pocketgamer.biz

Story

Playdom raises $43 million of investment in its Series A funding round. The investment, led by New Enterprise Associates, along with Playdom chairman Rick Thompson, Lightspeed Venture Partners and Norwest Venture Partners, will be used to finance strategic acquisitions and expand the company’s pipeline of games.

Database: Funding November 2009

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