SendGrid has raised $750,000 in Series A 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:  F231109-278
 
Business:  SendGrid
Web:  http://sendgrid.com
Location:  USA, Colorado
Region:  North America
Business description:  SendGrid is an email service that solves the problems faced by companies delivering email. These problems include email deliverability, scalability, metrics, and the time consuming tasks to implement email features such as unsubscribe links, anti-spam regulations, and corporate branding.
Category: Technology
Contact 1:  Isaac Saldana, CEO & founder isaac@sendgrid.com
Contact 2:  Tim Jenkins, Co-founder & Backend Engineer tim@sendgrid.com
Contact 3:  Jose Lopez, Co-founder & Frontend Engineer jose@sendgrid.com
 
Investors:  Led by  Highway 12 Ventures, with  SoftTech VC,  FF Angel LLC, TechStars-founders  David Cohen and other angel investors participating. Incubated by TechStars,
 
Round:  Round A
Amount raised:  $750,000
 
Details:  SendGrid has raised $750,000 in Series A funding. SendGrid will use the funds to to expand its development, marketing and sales efforts.
 
Link:  Washington Post

Location based social network Gowalla raises $8.4 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:  F231109-277
 
Business:  Gowella
Web:  http://gowalla.com/
Location:  USA, Austin, TX
Region:  North America
Business description:  Location-based social networking service. The Gowalla service is currently available on iPhone and Android.
Category: Social Network
Contact 1:  Josh Williams, co-founder and CEO of Gowalla
Contact 2:  David Thacker, Graylock Partners
Contact 3:  Reid Hoffman, Graylock Partners
 
Investors:  Silicon Valley-based venture capital firm Greylock Partners led the round. New investors joining this round include: Shasta Ventures, Maples Investments, Ron Conway, Kevin Rose, Gary Vaynerchuk, Shervin Pishevar, Jason Calacanis and Chris Sacca. Existing investors Alsop-Louie Partners and Founders Fund also participated in the round.
  
Round:  Round B
Amount raised:  $8,400,000
 
Details:  Gowalla has completed a Series B funding round totaling $8.4 million. The capital infusion will be used to strengthen growth efforts and further enhance Gowalla’s development capability. Reid Hoffman, LinkedIn Co-Founder and Executive Chairman and Partner at Greylock, will join Gowalla as a board observer. With this latest funding, Gowalla has now raised more than $10 million since it was founded in 2007.

Link:  Press Release

Tonchidot, augmented reality browser Sekai Camera, has raised a $4M

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:  F231109-276
 
Business:  Tonchidot
Web:  http://tonchidot.com/
Location:  Japan
Region:  Asia
Business description:  Augmented Reality
Category: Technology: Images
Contact 1:  Takahito Iguchi, Chief Executive
Contact 2:   Ken Inoue, Tonchidot’s CFO
Contact 3:  Osuke Honda, a principal at DCM
 
Investors:  From venture firm DCM and its seed investor Itochu Technology Ventures
  
Amount raised:  $4,000,000
 
Details:  Tonchidot, the Japanese startup behind the augmented reality browser Sekai Camera, has closed a $4 million Series A financing round. 

Link:  WSJ blog

Content syndicator Mochila has raised $1 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:  F231109-275
 
Business:  Mochila
Web:  http://www.mochila.com
Location:  USA, Delaware
Region:  North America
Business description:  Online marketplace for syndicated content from hundreds of the world’s leading content providers
Category: Syndication
Contact 1:  Benjamin Chen, Chairman and Chief Executive Officer
Contact 2:  Carolyn Bekkedahl, President, Chief Revenue Officer
 
Investors:  The SEC filing shows that The Greenspun Group and Charles River Ventures have returned for this round of funding. Previous investors are Charles River Ventures, Greenspun Corporation, Jerry Colonna, Mission Ventures and A.H. Belo Corporation
  
Amount raised:  $1,005,118 of $2,010,237 offered
 
Details:  Content syndicator Mochila has raised $1 million. According to paidContent http://paidcontent.org/article/419-content-syndicator-mochila-raising-2-million-in-funding-/ the company has raised over $30 million.

Link:  Regulatory Filing

Outside.in the hyperlocal content and advertising platform, raises $7M

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:  F231109-274
 
Business:  Outside.in
Web:  http://www.outside.in
Location:  USA, Brooklyn, NY
Region:  North America
Business description:  Local media and advertising
Category: Media: Advertising
Contact:  Mark Josephson, CEO, Outside.in

 
Investors:  Led by Union Square Ventures and including CNN Worldwide as a strategic investor. The round includes all previous venture investors, including Village Ventures, Betaworks, the New York City Investment Fund and Milestone Venture Partners, as well as continued support from a strong group of angel investors.
Contact 1:  Said Fred Wilson, principal at Union Square Ventures
Contact 2:  KC Estenson, SVP and general manager, CNN.com 

Round:  Round B
Amount raised:  $7,000,000
 
Details:  Outside.in the hyperlocal content and advertising platform, has announced the close of a $7 million B round of financing. As part of its investment, CNN Worldwide entered into a concurrent multi-year deal to use the Outside.in for Publishers aggregation and curation platform to power hyperlocal news across all of CNN.com and its related properties. The first implementations are expected to be completed in Q1 of 2010.

Link:  Press Release

Apple has acquired music retailer Lala.com

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:  F231109-264
 
Acquirer:  Apple
ACQ Web:  http://www.apple.com
Location:  USA, Cupertino, CA
Region:  North America
Description:  American multinational corporation that designs and manufactures consumer electronics and computer software products
Category:  consumer electronics: software
Contact:  Steve Jobs, CEO http://www.apple.com/pr/bios/jobs.html
 
 Vendor:  Lala
Vendor Web:  http://www.lala.com/
Location:  USA, Palo Alto, CA
Region:  North America
Description:  Online music store allows members to buy, and share music on the web.
Category: Retail
Contact:  Bill Nguyen, founder
 
Aprox. Value:  Undisclosed ($17,000,000 according to TechCrunch)
 
Details:  Apple has acquired music retailer Lala.com. The company was started in 2006 with $35m in venture capital from Bain Capital, Ignition Partners and Warner Music.
 
Link: New York Times

Dennis Publishing acquires Land Rover Monthly magazine

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:  F231109-263
 
Acquirer:  Dennis Publishing
ACQ Web:  http://www.dennis.co.uk
Location:  United Kingdom, London
Region:  Europe
Description:  Independent publisher, founded in 1974. The group consists of a number of operating companies in both the UK and USA.
Category:  Media Owner
Contact 1:  Felix Dennis, Chairman
Contact 2:  James Tye, Chief Executive
Contact 3:  Brett Reynolds, Chief Operating Officer
Contact 4: Ian Leggett, Group Finance Director

Vendor:  The Golden Gate Production Co/ Land Rover Monthly
Vendor Web:  http://www.lrm.co.uk/
Location:  United Kingdom, Suffolk
Region:  Europe
Description:  Specialist car magazine and website. Land Rover Monthly also hosts the annual LANDROVERmax! Show.
Category: Media owner
Contact 1:  Cathie Howell-Thomas, Publishing director and co owner
Contact 2:  Richard Howell-Thomas, Editorial director and co owner

Aprox. Value:  Undisclosed
 
Details:  Dennis Publishing, owner of Auto Express, evo, Octane and iMotor has bought Land Rover Monthly. Owners Cathie Howell-Thomas, Publishing director,  Richard Howell-Thomas, Editorial director will remain with the business and the editorial, advertising and events team will be hired as Dennis Publishing employees and will continue to work in their Suffolk premises for the time being.
 
Link: Press Release

Members only shopping community Ideeli Inc. has raised $20 million 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:  F231109-273
 
Business:  Ideeli
Web:  http://www.ideeli.com
Location:  USA, Paterson, NJ
Region:  North America
Business description:  Members only shopping community. Offers limited-time sale events – fashion, home and beauty.
Category: Retail
 
Investors:  StarVest Partners and Constellation Growth Capital plus previous investor Kodiak Venture Partners
  
Round:  Round B
Amount raised:  $20,000,000
Participants:  3
 
Details:  Ideeli Inc. has raised $20 million in Series B funding.

Link:  PE Hub

Photo Encyclopedia Fotopedia has raised $1.1 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:  F231109-272
 
Business:  Fotopedia
Web:  http://www.fotopedia.com
Location:  USA, Delaware
Region:  North America
Business description:  A photo encyclopedia that lets photographers and photo enthusiasts collaborate and enrich images to be useful for the whole world wide web. Provide an  avenue for photographers to promote their premium content
Category: Images: Database
Contact:  Jean-Marie Hullot, founder
 
Investors:  Ignition Partners, Banexi Ventures and Jean-Marie Hullot, one of the founders of Fotonauts.
  
Amount raised:  $1,100,000
 
Details:  Fotopedia has raised $1.1 million in funding

Link:  Regulatory Filing

Equintek has invested approximately $1 million in Friends Around Me

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:  F231109-271
 
Business:  Friends Around Me
Web:  http://friendsaround.me/
Location:  USA, Miami, FL
Region:  North America
Business description:  Mobile social networking service with added geo-awareness.
Category: Social Network: Mobile
Contact:  Egor Lavrov, founder
 
Investors:  Equintek Corporation,  with offices in Cyprus, Russia and the USA is an international social and mobile game and application development company established in late 2008 by a group of international investors and entrepreneurs. 
  
Amount raised:  $1,000,000
Participants:  
 
Details:  TechCrunch reports that Equintek has invested approximately $1 million in Friends Around Me.

Link:  TechCrunch