BDMI

Web Payments Platform Vindicia Lands $7.5 Million

Authored by Mark Hefflinger on July 14, 2009 - 10:58am.

Redwood City, Calif. - Vindicia, the developer of a payments platform for online merchants, said that it has raised $7.5 million in its fourth round of funding, led by ONSET Ventures.

Digital Royalty Processor RoyaltyShare Gets $4 Million

Authored by Mark Hefflinger on October 22, 2007 - 8:44am.

San Diego - RoyaltyShare, a provider of digital royalty and content management services to the entertainment industry, announced on Monday that it has added $4 million to its second round of venture capital financing, from Bertelsmann Digital Media Investments and Trident Capital.

Bertelsmann Invests in Mobile Social Networking Firm Blue Lion

Authored by Mark Hefflinger on June 6, 2007 - 10:52am.

Cologne, Germany - Blue Lion, a German mobile social networking start-up, announced that it has closed a "multi-million euro" first round of financing from Bertelsmann Digital Media Investments (BDMI), the venture arm of the German media conglomerate.

"Push-Ringer" Ringtone Developer Emotive Raises $7.7 Million

Authored by Mark Hefflinger on April 20, 2007 - 11:10am.

Encino, Calif. - Emotive Communications, the developer of "push-ringer" ringtone technology that allows a caller to determine the ringtone heard by the person they are calling, has raised $7.7 million in its first round of venture capital financing, led by D.E. Shaw Group.

P2P Media Distributor Intent MediaWorks Raises $10 Million

Authored by Mark Hefflinger on April 16, 2007 - 10:31am.

Atlanta - Intent MediaWorks, a provider of digital media content and advertising distribution technology, announced on Monday that it has raised $10 million in its second round of funding, led by Grecroft Partners, SoftBank Capital, Bertelsmann Digital Media Investments and Allen & Co.

Bertelsmann Launches Digital Media Investments Fund

Authored by Mark Hefflinger on October 20, 2006 - 1:30pm.

Gutersloh, Germany - German media conglomerate Bertelsmann this week announced the launch of a new venture capital fund that will invest in digital media companies. Bertelsmann Digital Media Investments (BDMI) has initial funding of $63 million, which it will use to cover seed stage to early round investments in companies that intersect with Bertelsmann's books, magazines, music, television, direct marketing and media services businesses. "As digital media, the web and mobile access continue to converge on a global scale, we seek to partner with pioneering companies developing new technologies, new business models or new visions of the future," said BDMI president Richard Sarnoff.