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Emotive Communications Acquired By Zad Mobile

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Shaw Ventures and Bertelsmann Digital Media Investments (BDMI). Financial terms of the acquisition were not disclosed. Emotive had raised over $13.95M in funding, and had itself acquired venture-backed Sennari Entertainment, a developer of loyalty programs for the mobile market, in 2008.

Mobile 133
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Interview with Jennifer Sargent, HitFix

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Earlier this month, Los Angeles-based HitFix (www.hitfix.com) an online news site focused on entertainment, announced it had raised $2M in a funding round. It was the fall of 2008, when Lehman Bros. That led me to a venture capital firm, Bertelsmann Ventures. Why the new funding round now? more) READ MORE>>.

News 173