Digital Hollywood - Monday, July 31, 2006
Kideo (PixFusion) Raises $4.2M for Dora The Explorer/Spongebob Mashups
NYC-based Pixfusion has raised VC cash to personalize cartoon characters by bringing images of buyer's children into the programming. The company's front-man is Marc Jaffe who was the head of licensing for Rodale. With Pixfusion, Jaffe is back in the licensing business working with the likes of Nickelodeon. PixFusion's flagship site is Kideo. Parents mail in a photo or email an image of their kid. Kideo then crops it and inserts the kid's image into the video. The 25 minute personalized video sells for $40. The video is pretty hokey we have to say, but we suspect that kids will eat it up. There are many off-shoots from this as well. They also have an offering where you can pay for a call with Spongebob himself.... Continue...
Media - Monday, July 31, 2006
Online Advice Site Kasamba To IPO in Tel Aviv
Israel's Kasamba plans an IPO at $40-50M valuation on the Tel Aviv exchange in September. Kasamba was founded in 2000 as a web-based consultancy service for doctors. The company expanded its services to other fields like personal advice. Like its American rival Keen, Kasamba found that its best business was in tarot card reading and horoscopes delivered online. JAL Ventures has invested $2M. The company claims it ended 2005 with sales of $10M. Kasamba is another case that we continue to see where founders stuck to it after the bubble burst and have come out clean through perseverance.... Continue...
News & Updates - Monday, July 31, 2006
LiveNation Buys MusicToday And Other Fresh Deals
Investments AUSTIN, TX CoVi Technologies Has Raised $15M in Series C (High-definition Video Surveillance) ISRAEL WiNetworks Has Raised $11M in Series C (WiMax and Digital Video Broadcasting) SEATTLE, WA Intrepid Learning Solutions Has Raised $11.7M in A Fourth-round (Training Services) ISRAEL Surf Communication Solutions Has Raised $8M in A Fifth-round (Media Processing) LONDON, UK AutoQuake Raises $6M (Online Auto Auction) BETHLEHEM, PA Weather Trends International Has Raised $4.5M in Series A (Weather Forecasting Technology) CAMBRIDGE, MA Light Blue Optics Has Raised $2.5M in A First-round (Projection Technology) M&A DUBLIN, IRELAND Irish Times Buys MyHome.ie For $64M (Real Estate Web site) CHARLOTTESVILLE, VA LiveNation Buys MusicToday - Which Claims $100M in Revenue Last Year (Music Site Network) ZURICH, Switzerland Jelmoli Holding AG Has Acquired Preisinsel AG (ecommerce) VIENNA, Austria. GES gcp Enterprise Software Group Has Acquired Infoniqa (Enterprise Software)... Continue...
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