FanBridge acquires damntheradio

HOT DAMN: FanBridge, which helps clients build, engage and monetize fan audiences via email, mobile and social networks, has completed the acquisition of damntheradio, a platform for creating media-rich Facebook fan pages that encourage strong fan engagement. As part of the deal, a fully self-serve version of the damntheradio product was launched this week. DTR co-founders Johnny Hwin, AJ Magnuson and Nick Lane-Smith will be joining the FanBridge team full-time, based out of the parent company’s new San Francisco offices. DTR already has deals in place with Warner Music, Sony Music, EMI, American Idol, Gatorade, Tapulous and Linkin Park, among others. The news was accompanied by the announcement that FanBridge has closed a $2 million round of Series A financing. Investors include Alex Zubillaga, Chris Fralic (First Round Capital), Founder Collective, 500 Startups, Maurice Werdegar and Matt Keiser (Grape Arbor VC), along with seed investors Jeff Clavier (SoftTech VC), Chris Sacca (LowerCase Capital), Founders Fund and Dave McClure. (2/3a)

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