Fuse Capital

Web Video Studio Generate Adds $2 Million to First Round

Authored by Mark Hefflinger on July 14, 2009 - 8:19am.
Santa Monica, Calif. - Generate, an online video production firm with talent management and branded entertainment divisions, has added $2 million to its first round of financing, which now totals $8 million, PaidContent reported.

Best Buy, Velocity Interactive Team on Digital Media Fund

Authored by Mark Hefflinger on May 28, 2009 - 8:02am.
Los Angeles - Electronics and media retail store chain Best Buy (NYSE: BBY) announced on Thursday that it has partnered with venture capital firm Velocity Interactive Group to form a new digital media fund, which will invest in companies involved in digital music, video, games and personal media management.