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

Local online ad tech provider PaperG has raised $1.1

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:  F231109-260
 
Business:  PaperG
Web:  http://paperg.com/
Location:  USA, New Haven, CT
Region:  North America
Business description:  Online ad platforms. Their Flyerboard platform is a virtual bulletin board on around 50 leading local websites across the USA.
Category: Advertising
Contact 1:  Victor Wong – Chief Executive Officer
Contact 2:  Roger Lee – Chief Operating Officer
Contact 3:  Victor Cheng – Chief Technology Officer

Investors:  Launch Capital led the round. Among the other participants included AppNexus CEO Brian O’Kelley, former Boston.com publisher Steve Taylor, and Recovering Journalist’s Mark Potts.

Round:  Round B
Amount raised:  $1,100,000
 
Details:  Local online ad tech provider PaperG has raised $1.1 million in its second round of funding. The funds will be partly ised to recruit more staff.

Link:  PaidContent

Vizu Corporation, a Real Time Online Brand Ad Effectiveness Metrics Platform, Raises $6.75M

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:  
 F231109-259
Business:  
Web:  Vizu Corporation
Location:  http://www.vizo.com
Region:  USA, San Francisco, CA
Business description:  North America
Category: Real time online brand ad effectiveness metrics platform
Contact 1:  Market Research
Contact 2:  Dan Beltramo, Chief Executive Officer
   
Investors:  co-lead by iNovia Capital and Greycroft Partners with participation from existing investors including Draper Fisher Jurvetson and Esther Dyson
 
Amount raised:  $6,750,000
Participants:   4

Details:  Vizu Corporation, a real time online brand ad effectiveness metrics platform, has completed a $6.75M round of financing co-lead by iNovia Capital and Greycroft Partners with participation from existing investors including Draper Fisher Jurvetson and Esther Dyson.

Link: Press Release

Thomson Reuters Completes Acquisition of Breakingviews

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

Thomson Reuters has completed its acquisition of London based financial commentary service Breakingviews.

Groupon has raised a Series B financing round of $30 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:  F231109-258
 
Business:  Groupon
Web:  http://www.groupon.com
Location:  Chicago, IL
Region:  North America
Business description:  Offer online users deep discounts on local deals – spas, sky diving lessons, hotels, restaurants, golf, whtaever. Discounts range from 40%-90% of the normal price. If enough people buy into the offer, everyone gets the deal. If there aren’t enough people, no one gets the deal.
Category: Ecommerce
Contact 1:  Andrew Mason Founder/CEO
Contact 2:  Ken Pelletier CTO
 
Investors:  New investor Accel Partners and existing investor New Enterprise Associates
 
Round:  Round B
Amount raised:  $30,000,000
Participants:  2
 
Details:  Groupon has raised a Series B financing round of $30 million – from new investor Accel Partners and existing investor New Enterprise Associates. Accel’s Kevin Efrusy joins Groupon’s board of directors.

Link:  TechCrunch

StocTwits raises $3M

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:  F231109-257
 
Business:  StockTwits
Web:  http://www.stocktwits.com
Location:  USA, Phoenix, AZ
Region:  North America
Business description:  An open, community-powered idea and information service for investments.It takes financial related data – using Twitter as the content production platform – and structures it by stock, user, reputation, etc.
Category: Financial information
Contact 1:  Howard Lindzon, co-Founder and CEO
Contact 2:  Soren Macbeth, co-Founder and CTO
 
Investors:  Led by Foundry Group and returning investor True Ventures as well as Brad Feld.

Round:  Round B
Amount raised:  $3,000,000
Participants:  3
 
Details:  StockTwits has closed a $3m Series B financing round led by Foundry Group and returning investor True Ventures as well as Brad Feld.

Link:  StockTwits Blog (see December 2nd, 2009 entry)