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:  F231109-300
 
Business:  Zulily
Web:  http://www.zulily.com
Location:  USA, Seattle, WA
Region:  North America
Business description:  New online store offering daily sales on apparel, gear and other goodies for mothers, babies and children. Members can enjoy big savings off retail prices. Zulily will go into beta in Q1, 2010 and membership is free.
Category: Retail
Contact 1:  Darrell Cavens, CEO
 
Investors:  Led by Maveron

Amount raised:  £4,600,000
 
Details:  Zulily has raised $4.6 million in a round led by Maveron LLC, the consumer-focused venture capital firm formed by former investment banker Dan Levitan and Starbucks’ chief executive Howard Schultz. Led by Blue Nile veterans Darrell Cavens and Mark Vadon, Zulily will use the funds to create a significant online private-sale retail e-commerce business focused on kids, babies and busy mothers.

Link:  Interview with Darrell Cavens,ceo of Zulily

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:  F231109-303
 
Business:  appolicious
Web:  http://www.appolicious.com
Location:  USA, Chicago, IL
Region:  North America
Business description:  Directory of mobile phone aps
Category: Directory
Contact:  Alan Warms, founder
  
Investors:  Apex Venture Partners and James Crouthamel, the founder of Performics. (According to TechCrunch )  
Amount raised:  $2,069,485
 
Details:  Appolicious (apps directory) has raised $2 million according to an SEC filing.  Previously $500K was rised on in seed funding from Apex.

Link:  Regulatory filing

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:  F231109-294
 
Business:  Kobo
Web:  http://www.kobobooks.com
Location:  Canada, Toronto
Region:  North America
Business description:  global eReading service with a catalog of over 2 million eBooks, and an open platform.
Category: eReading
Contact 1:  Michael Serbinis, CEO of Kobo
Contact 2:  Heather Reisman, founder and Chief Executive Officer of Indigo Books & Music
Contact 3:  Ron Marshall, Chief Executive Officer, Borders Group
Contact 4:  David Fenlon, chief executive officer, REDgroup Retail
  
Investors:  Indigo Books & Music (who will retain approximately 58% ownership of Kobo), Borders Group, Inc., Instant Fame, a subsidiary of Cheung Kong (Holdings) Ltd. of Hong Kong, and REDGroup Retail Pty Ltd. of Australia.
 
Amount raised:  $16,000,000
 
Details:  Indigo Books & Music, Canada’s largest book retailer, has transferred all the assets of Shortcovers, its digital reading initiative, into a new company, Kobo. Kobo has secured $16 million in funding including $5 million from Indigo and other strategic partners.

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

ACQUISITION 
FDN Database Reference:  F231109-273
 
Acquirer:  Definition 6
ACQ Web:  http://www.definition6.com
Location:  USA, Atlanta
Region:  North America
Description:  Interactive marketing agency
Category:  Advertising, PR
Contact:  Michael Kogon, founder and CEO
 
Vendor:  Leach Communications
Vendor Web:  http://www.leachcommunications.com
Location:  USA, New York, NY
Region:  North America
Description:  Public relations and Web services firm
Category: PR
Contact:  Alfred Leach, founder and president
 
Aprox. Value:  Undisclosed
 
Details:  Definition 6 has acquired the assets of Leach Communications. The transaction enables Definition 6 to integrate public relations into its delivery of integrated interactive marketing services. Upon completion of the transaction, Alfred Leach, LEACH founder and president, will lead Definition 6’s National Public Relations & Communications discipline.
 
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:  F231109-293
 
Business:  Ace Metrix
Web:  http://www.acemetrix.com
Location:  USA, Los Angeles, CA
Region:  North America
Business description:  Online television advertising analytics
Category: Advertising, Market research
Contact:  Steve Goldman, co-founder and CEO
 
Investors:  Led by Leapfrog Ventures  . Existing investors Hummer Winblad Venture Partners and Palomar Ventures also participated in the funding.
 
Round:  Round B
Amount raised:  $6,000,000  
 
Details:  Ace Metrix has raised $6.0 million in a B round of financing, led by Leapfrog Ventures. The new funds will be used to expand sales and marketing of the company’s online television advertising effectiveness measurement service.Pete Sinclair, co-director at Leapfrog Ventures, will join the board of directors of Ace Metrix.

Link:  Press Release