Fusion Corporate Partners

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:  F231109-242
Business:  Life360
Web:  http://www.life360.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Online service for managing family safety and security
Category Social Network
 
Investor 1:  Seraph Group
Investor 2:  LaunchCapital
Investor 3:  Founders Fund (via FF Angel)
Investor 4:  Band of Angels
Investor 4:  Mark Goines
 
Round:  Series B
Dollars:  $750,000
Participants:  5
 
Details:  Life360 has raised $750,000 in their most recent round of funding. Investors include Founders Fund, early Mint.com investor Mark Goines, LaunchCapital and the Seraph Group. Life360 previously received support from some of the top names in technology. In 2008, they won the Google Android developer challenge and $300k in funding from Google. In spring 2009, Life360 was declared an fbFund finalist, earning an investment from Facebook and an invitation to participate in the fbFund REV

Link:  Press Release

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:  F231109-241
Business:  Milo.com
Web:  http://www.milo.com
Location:  USA, Palo Alto, CA
Region:  North America
Business description:  Free online shopping engine that enables shoppers to research online and buy locally.
Category Online shopping
Contact 1:  Jack Abraham, founder and CEO
Contact 2:  John Evans, founder and CTO
 
Investor

Led by True Ventures (Co-Founder Jon Callaghan)

In addition to True Ventures, the A Round included the following prominent angel investors.

•Magid Abraham, comScore
•Harris Barton, former 49er
•Jeff Clavier, SoftTech VC
•Ron Conway, SV Angel
•Chris Dixon, Hunch, SiteAdvisor
•Russ Fradin, Adify
•Kevin Hartz, Eventbrite, Xoom, ConnectGroup
•Jawed Karim, YouTube
•Len Lodish, The Wharton School
•Aaron Patzer, Mint.com/Intuit
•Keith Rabois, Slide, PayPal, Yelp, LinkedIn, YouTube
•Aydin Senkut, Felicis Ventures
•Maurice Werdegar, Western Technology Investments

Round:  Round A
Dollars:  £4,000,000
Participants:  >14
 
Details:  Milo.com has raised $4 million in Series A financing. True Ventures led the round, joined by a Who’s Who of Silicon Valley, including key leadership from Mint.com, PayPal, Yelp, and YouTube. By searching the inventory systems of local stores in real time to find the products shoppers want, Milo.com combines the advantages of an Amazon-like experience with the ability to touch, feel and get products now at a local retailer.

Links:  Press Release

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:  F231109-240
Business:  bizo
Web:  http://www.bizo.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:   B2B marketing with precise ad targeting
Contact 1:  Russell Glass, CEO
 
Investor 1:  Bessemer Venture Partners
Investor 2:  Venrock
Investor 3:  Vulcan and Ascent
Dollars:  $6,000,000
Participants:  3
 
Details:  Bizo, the business-to-business ad targeting platform spun off from ZoomInfo a year-and-a-half ago, has raised $6 million

Links:  paidContent

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 
Business:  Millennial Media
Database Reference:  F231109-239
Web:  http://www.millennialmedia.com
Location:  USA, Baltimore, MD
Region:  North America
Business description:  Mobile ad network
Contact:  Paul Palmieri, President and CEO
 
Investor 1:  New Enterprise Associates (NEA)
Investor 2:  Bessemer Venture Partners
Investor 3:  Columbia Capital
Investor 4:  Charles River Ventures
Round:  Round C
Aprox. amount:  $16,000,000
Participants:  4
 
Details:  Millennial Media has closed a $16M Series C round of growth funding, led by New Enterprise Associates (NEA) with existing investors Bessemer Venture Partners, Columbia Capital, and Charles River Ventures participating. The new growth financing will be used to continue to strengthen Millennial Media’s position as the leading mobile ad network in the U.S., as well as finance accelerated international expansion, advanced targeting products, and wider-penetration of its mobile media planning platform for agencies.

Links:  Press release

FDN Database Reference:  A0235-231110

ACQUISITION 
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:  
Contact 1:  Neal Mohan, Vice President, Product Management
Contact 2:  Joerg Heilig, Engineering Director
 
Vendor:  Teracent
Vendor Web:  http://www.teracent.com/
Location:  USA, San Mateo, CA
Region:  North America
Description:  Dynamic ad optimization platform for targeting market segments
 
Contact 1:  Vikas Jha – Founder & CEO
Contact 2:  Krishna ‘Kittu’ Kolluri – Director
Contact 3:  Peter Sonsini  – Director
Contact 4:  Rob Goldman – Director
Aprox. Value:  Undisclosed
 
Details:  Teracent has signed a definitive agreement to be acquired by Google. The transaction is subject to various closing conditions and is expected to close this quarter.
 
Link: Google Blog  announcement

FUND RAISING

Business: BookRenter.com
Web: http://www.bookrenter.com
Location: USA, Campbell, CA
Region: North America
Description: Student textbook rental service

Contacts:

• Mehdi Maghsoodnia, Chief Executive Officer
• Colin Barceloux, Founder & VP of Business Development

Investors include:

• Storm Ventures – Database Ref: I235-23-11-09
• Adams Capital Management – Database Ref: I236-23-11-09

Amount raised: $6,000,000

Link:  BookRenter Announcement   

Details: BookRenter.com, the online textbook rental site, has announced that it received $6 million in Series A financing from Storm Ventures and Adams Capital Management. This marks the first formal venture investment in the company since it launched in 2008. The new funds will be used to further extend the company’s reach and to build out the online platforms that enable existing partners to participate in the rental marketplace.  
Databases

• Fund Raising – Ref: F235-231109 
• Investors – Ref: I235-23-11-09: I236-23-11-09

Related Fusion DigiNet Articles: Chegg.com

ACQUISITION

Acquirer: Bloosky
Web: http://www.bloosky.com
Location: USA, Irvine, Ca
Region: North America
Description: Affiliate ad network
Contact: Matt Cook, CEO

Vendor: Tracking 202
Web: https://pro.tracking202.com
Location: USA, San Francisco, CA
Region: North America
Description: Details: Enterprise level PPC affiliate conversion-tracking platform, manages advertising campaigns on Facebook, MySpace and other platforms.

Contacts:

• Wes Mahler, Chief Executive Officer
• Steven Truong, COO & President

Approximate value: Undisclosed

Details: Tracking202 was founded in 2007 and have been fully self funding. They are an affiliate marketing business that manages advertising campaigns on Facebook, MySpace and other platforms. The business has been acquired by Bloosky, an affiliate ad network.

Link: Tracking 202 announcement 

Database Acquisitions – November 2009