JanRain, a Provider of Online Identity and Customer Engagement Solutions, raises $3.25M

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:  F231109-270
 
Business:  JanRain
Web:  http://www.janrain.com
Location:  USA, Portland, OR
Region:  North America
Business description:  Provider of online identity technology and customer engagement services
Category: Online Technology
Contact 1:  Brian Kissel, CEO
Contact 2:  Michael Graves, CTO
Contact 3:  Larry Drebes, VP of Engineering and Founder
 
Investors:  The financing was led by DFJ Frontier with participation from RPM Ventures and Anthem Venture Partners.
  
Round:  Round A
Amount raised:  $3,250,000
Participants:  3
 
Details:  JanRain has closed a $3.25 million Series A round of venture capital financing. In connection with the financing, David Cremin, a managing director of DFJ Frontier, Tony Grover, a managing director of RPM Ventures, and Samit Varma, a partner at Anthem Venture Partners, will join JanRain’s board of directors. The funds will be used to expand the company’s product offerings for website operators and platform partners as well as to grow the company’s sales and marketing efforts.

Link:  Press Release

Mobile network equipment maker Movik Networks raises $8.5 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:  F231109-268
 
Business:  Movik Networks
Web:  http://www.movik.com
Location:  USA, Littleton, MA
Region:  North America
Business description:  Delivers purpose-built solutions that bring content and application awareness to the edge of the mobile network.
Category: Mobile
Contact 1:  Ramji Raghavan, founder and CEO
Contact 2:  Ram Krishnan, PhD, Founder/VP of Product Management
Contact 3:  John Calcio, Founder/VP of Business Development
  
Investors:  Includes Highland Capital Partners and North Bridge Venture Partners. Sean Dalton of Highland and Ed Anderson of NBVP sit on the Movik board of directors.

Round:  Round B
Amount raised:  $8,500,000
 
 
Details:  Mobile network equipment maker Movik Networks Inc. has brought in $8.5 million in its second round of funding, according to a SEC filing. Highland and North Bridge were the investors in Movik’s last round in February of 2008, when the company raised $7.5 million.

Link:  Mass High tech

H.I.G. Ventures invests in online advertising services company Triad Digital 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
 
FUND RAISING 
Database Reference:  F231109-267
 
Business:  Trad Digital Media
Web:  http://www.triaddigital.com
Location:  USA, Tampa, FL
Region:  North America
Business description:  Creates, manages and operates online media programs for leading retailer and e-commerce websites.
Category: Technology Services: Retail
Contact 1:  Greg Murtagh, CEO and Founder
Contact 2:  Roger Berdusco, President and COO
  
Investors:  HIG Ventures: John Kim, Managing Director, 305-379-2322 jkim@higventures.com:

Amount raised:  Undisclosed 
 
Details:  H.I.G. Ventures has completed a significant growth capital investment (undisclosed amouny) in Triad Digital Media a Tampa, FL- based online advertising services company.
Links:  Trad Digital Media Press Release:   HIG Ventures Press Release

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

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