Digital entertainment solutions firm Widevine has raised £15M

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:  F231109-285
 
Business:  Widevine
Web:  http://www.widevine.com
Location:  USA, Seattle, WA
Region:  North America
Business description:  A provider of digital entertainment solutions. Widevine plays a central role in the delivery of video to Internet-connected retail consumer electronics and the “TV Everywhere” strategies of cable, satellite and telephone companies. Widevine provides digital media solutions for the delivery of digital entertainment to any device.
Category: Technology : Video
Contact:  Brian Baker, CEO
  
Investors:  Liberty Global (NASDAQ: LBTYA), Samsung Ventures, the venture capital arm of Samsung Group, and a third corporation (second largest satellite provider according to the release).

Amount raised:  $15,000,000
 
Details:  Widevine has raised £15M funding from Liberty Global, Samsung Ventures and a third unnamed investor. The company is, funded by Cisco Systems, Inc. (NASDAQ: CSCO), Charter Ventures, Constellation Ventures, Dai Nippon Printing Co., Ltd (DNP), Liberty Global (NASDAQ: LBTYA), PaceSetter Capital Group, Phoenix Partners, Samsung Ventures America (LSE:SMSN.GDR), TELUS (NYSE: TU), VantagePoint Venture Partners, Western Technology Investments and the unnamed corporation.

Link:  Press Release

Cloud based storage company Zecter, maker of ZumoDrive, has raised $1.5 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:  F231109-288
 
Business:  Zexter (owners of ZumoDrive)
Web:  http://www.zumodrive.com
Location:  USA, Burlingame, CA
Region:  North America
Business description:  Cloud based storage company ZumoDrive connects consumers to their content across all of their devices. With our patent pending technology, ZumoDrive allows users to bring all their music, photos, videos, and documents with them even on mobile devices that are limited in capacity.
Category: Cloud, Technology
Contact 1:  David Zhao
Contact 2:  Kevin West
Contact 3:  Vijay Mani
 
Investors:  New investor Ram Shriram, plus original investors Tandem Entrepreneurs and VeriFone CEO Douglas Bergeron.
  
Amount raised:  $1,500,000
 
Details:  Cloud based storage company Zecter, maker of ZumoDrive, has secured a $1.5 million round of lending.

Flat World Knowledge has raised $2.5 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:  F231109-287
 
Business:  Flat World Knowledge
Web:  http://www.flatworldknowledge.com
Location:  USA, Nyack, NY
Region:  North America
Business description:  Open source textbooks
Category: Rental
Contact 1:  Jeff Shelstad, Founder and Chief Executive Officer
Contact 2:  Eric Frank, Founder and Chief Marketing Officer
  
Investors:  Undisclosed
  
Amount raised:  $2,500,000 
 
Details:  Flat World Knowledge has raised $2.5 million in funding.It raised $8 million in a first round of funding on March 2009.

Link:  paidContent
 
Related DigiNet articles

WebMediaBrands acquires Social Times Incorporated

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:  F231109-269
 
Acquirer:  WebMediaBrands
ACQ Web:  http://www.webmediabrands.com
Location:  USA, New York, NY
Region:  North America
Description:  Global provider of events, education, jobs, and content for business, media, and creative professionals
Category:  Media
Contact:  Alan M. Meckler, Chairman and CEO http://twitter.com/alanmeckler
 
Vendor:  Social Times Incorporated
Vendor Web:  http://www.allfacebook.com/
Location:  USA
Region:  North America
Description:  Social media blogs
Category: Media
Contact:  Nick O’Neill, founder
  
Aprox. Value:  Undisclosed
 
Details:  WebMediaBrands Announces Acquisition of AllFacebook.com, SocialTimes.com, Social Ad Summit Tradeshow, and New Media School
 
Link: Press Release

CloudShare Lands $10M in Series B 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:  F231109-284
 
Business:  CloudShare
Web:  http://www.cloudshare.com
Location:  USA, Palo Alto, CA
Region:  North America
Business description:  A way for organizations to instantly deploy multiple, independent copies of their existing demo or training environments in the cloud.
Category: Technology
Contact 1:  Zvi Guterman, CEO of CloudShare
Contact 2:  George Zachary, Partner at Charles River Ventures
  
Investors:  Sequoia Capital, Gemini Capital, and Charles River Ventures (CRV).
 
Round:  Round B
Amount raised:  $10,000,000
 
Details:  CloudShare, formerly IT Structures, has received $10M in series B financing. The company plans to use the investment to fund product development and expand its go-to-market capabilities.

Link:  Press Release

e5 Global Media to acquire 8 Nielsen media brands

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:  F231109-267
 
Acquirer:  e5 Global Media
Location:  USA, New York, NY
Region:  North America
Description:  A new company formed jointly by Pluribus Capital Management, a media private equity partnership, and Guggenheim Partners, a global diversified financial services firm
Category:  Media
Contact 1:  James A. Finkelstein,  Pluribus (will become Chairman of e5 Global Media)
Contact 2:  Matthew Doull, Pluribus
Contact 3:  George Green, Pluribus
Contact 4: Todd Boehly, Managing Partner, Guggenheim Partners

Vendor:  Nielsen Business Media
Vendor Web:  http://www.nielsen.com
Location:  USA, New York & Los Angeles
Region:  North America
Description:  Global information and media company with leading market positions in marketing and consumer information, television and other media measurement, online intelligence, mobile measurement, trade shows and business publications.
Category: Media
Contact:  Greg Farrar, President of Nielsen Business Media
 
Aprox. Value:  Undisclosed. Some media reports say $70,000,000
 
Details:  e5 Global Media has signed a definitive agreement to acquire eight brands from The Nielsen Company. The brands being acquired are AdweekMedia (which includes Adweek, Mediaweek and Brandweek), The Hollywood Reporter, Billboard, Backstage, The Clio Awards and Film Journal International. E5 Global Media will also acquire the Film Expo business, which includes ShoWest, ShowEast, Cinema Expo International and CineAsia trade shows.
 
Link: Press Release

MOL Global to Acquire Friendster

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:  F231109-266
 
Acquirer:  MOL Global
ACQ Web:  http://www.molglobal.com
Location:  Malaysia, Kuala Lum
Region:  Asia
Description:  MOL is a MSC Malaysia Status Company that operates and develops payment systems.
Category:  Payments
Contact 1:  Tan Sri Vincent Tan, Chairman
Contact 2:  Ganesh Kumar Bangah, president and chief executive officer   
 
Vendor:  Friendster
Vendor Web:  http://www.friendster.com
Location:  USA, Mountain View, CA
Region:  North America
Description:  Leading social network in Asia. With more than 115 million members worldwide.
Category: Social Network
Contact:  Richard Kimber, chief executive officer
 
Aprox. Value:  Undisclosed
 
Details:  The combined entity will maintain offices in various locations, around the world, including Mountain View, CA (USA), the Philippines, Malaysia and Singapore. Ganesh Kumar Bangah will become the Group Chief Executive Officer of the combined entity while Richard Kimber will become the Non-Executive Chairman.
 
Link: Press Release

Advertising network Rocket Fuel has raised $2.85M

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:  F231109-282
 
Business:  Rocket Fuel
Web:  http://rocketfuelinc.com
Location:  USA, Redwood City, CA
Region:  North America
Business description:  Advertising network
Category: Advertising
Contact 1:  George John, Chief Executive Officer
Contact 2:  Richard Frankel, President
Contact 3:  Abhinav Gupta, Chief Technology Officer
 
Investors:  According to paidContent the round was led by existing investor Mohr Davidow Ventures, with participation from other backers and company executives.
  
Amount raised:  $2,850,224 of a $3,776,043 funding 
 
Details:  Automated targeting technology advertising network Rocket Fuel has raised $2.85M according to a SEC filing.

Link:  Regulatory Filing

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