Millennial Media receives a $16 million investment

FUND RAISING

Business: Millennial Media
Web: http://www.millennialmedia.com
Location: USA, Baltimore, Ma
Description: Large US mobile ad network
Contact: Paul Palmieri, President and CEO

Amount raised: $16,000,000

Story Link – Press Release  
Details

Millennial Media receives a $16 million investment Millennial Media announced today the company has closed on 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. 

Database: Funding November 2009

Outright Raises $5 Million More For Simple Online Bookkeeping App

FUND RAISING

Business: Outright
Web: http://outright.com
Location: USA, Campbell, CA
Description: Free, simple bookkeeping app
Contacts:

  • Kevin Reeth, Co-Founder
  • Ben Curren, Co-Founder

Amount raised: $5,000,000

Investors include:

Investor: Sequoia Capital
Web:http://www.sequoiacap.com

Investor: Shasta Ventures
Web: http://www.shastaventures.com
Contact: Ravi Mohan: Managing Director

Investor: First Round Capital
Web: http://www.firstround.com
Contact: Rob Hayes: Partner;

Investor: SoftTech VC
Web: http://www.softtechvc.com
Contact: Jeff Clavier: Founder and Managing Partner

 

Link – TechCrunch 

Details: Outright Raises $5 Million More For Simple Online Bookkeeping App Sequoia Capital has led a second round of funding for Outright, investing $5 million with returning backers First Round Capital, Shasta Ventures and SoftTech VC.

Database: Funding November 2009

Web Reservations International acquired by Hellmann & Friedman

ACQUISITION

Acquirer: Affiliates of private equity investment firm, Hellman and Friedman LLC
Web: http://www.hf.com
Location: USA, San Francisco
Description: Private Equity
Contact: Stephen Duckett, Managing Director of Hellman & Friedman LLP

Target: Web Reservations International
Web: http://www.webresint.com/
Location: Ireland, Dublin
Description: online hostel and budget accommodation
Contact: WRI CEO Feargal Mooney

Approximate value: Undisclosed (were rumored to be looking for £275M)

Details
 
Web Reservations International Acquired by Hellmann & Friedman Web Reservations International (parent of Boo.com),  online hostel and budget accommodation, today announced its acquisition by affiliates of private equity investment firm, Hellman and Friedman LLC.

Press Release  

Database Acquisitions – November 2009

Playdom Buys Green Patch and Trippert Labs

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

Yidio raises $500,000 in angel funding for online TV surfing

FUND RAISING

Business: Yidio
Web: http://www.yidio.com
Location: USA
Description: Online TV surfing
Contact: CEO Brandon Eatros: Adam Eatros, Yidio’s chief operating officer

Amount raised: $500,000

Story Link – VentureBeat 
Details

Yidio, which lets you search for TV shows and movies on the web, just raised $500,000 in angel funding.

Database: Funding November 2009

Online real estate startup Redfin raises $10M

FUND RAISING

Business: Redfin
Web: http://www.redfin.com
Location: USA, Seattle
Description: Online home sales
Contact: CEO Glenn Kelman

Amount raised: $10,000,000

Story Link – TechCrunch 
Details

Online real estate startup raises $10M Redfin, an online real estate startup, has raised another $10 million in a venture capital round led by Greylock Partners. Existing investors Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital and The HIllman Company all participated in the round

Database: Funding November 2009

Maney Publishing acquires audiology titles from Wiley-Blackwell

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:  F231109-304
 
Acquirer:  Maney Publishing
ACQ Web:  http://www.maney.co.uk
Location:  United Kingdom, Leeds, West Yorkshire
Region:  Europe
Description:  Maney Publishing was formed in 1997 from a printing company established in 1900, and publishes scholarly journals in materials science, the humanities, and health sciences in print and electronic formats.
Category:  Media, Publisher
Contact 1: Michael Gallici, Managing Director 
Contact 2: Mark Simon, Publishing Director
 
Vendor:  John Wiley & Sons
Vendor Web:  http://www.wiley.com
Location:  USA, Hoboken, NJ
Region:  North America
Business Sold: Two quarterly journals from John Wiley & Sons, Ltd: Cochlear Implants International and Deafness & Education International
Description:  Scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners.
Category: Media, Publisher
Contact:  Silvana Marciano, Journal Publisher, Professional
 
Aprox. Value:  Undisclosed
 
Details:  Maney reports that the acquisitions establish a decisive publishing commitment to the clinical treatment and education of the deaf. The acquisition also reflects Maney’s continuing involvement and expertise in publishing for specialist societies and professional organisations. Deafness & Education International is the official publication of both the British Association for Teachers of the Deaf (BATOD) and the National Association of Australian Teachers of the Deaf. (NAATD). Cochlear Implants International is endorsed by the British Cochlear Implants Group.
 
Link: Press Release

Forbes Media Acquires FlipGloss Photo Publishing Platform

ACQUISITION

Acquirer: Forbes Media
Web: http://www.forbesmedia.com
Location: USA, New York, NY
Description: Business publishing
Contact: Michael Smith, President

Target: FlipGloss Media
Web: http://www.flipgloss.com
Location: USA, Santa Monica, CA
Description: Creates and distributes interactive, magazine-style content packages
Contact: Kerry Trainor, co-founder and CEO

Approximate value: Undisclosed

Details

Forbes Media today announced that it has acquired FlipGloss Media and its Digital Glossy Insert™ photo publishing platform.

Press Release 

Database Acquisitions – November 2009

Caring.com has raised $10 million

FUND RAISING

Business: Caring.com
Web: http://www.Caring.com
Location: USA, San Mateo, CA
Description: Eldercare information site
Contact: CEO Andy Cohen
Amount raised: $10,000,000

Story Link – Paid Content 
Story

Caring.com has raised $10 million in a second round of funding. New investor Shasta Ventures led, with participation from previous backers DCM and Split Rock Partners.

Database: Funding November 2009

Playdom has raised $43 million of investment

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