CellFish Media Acquires ToneMedia

CellFish Media LLC, a publisher of mobile content and social apps, has bought ToneMedia LLC, an advertising platform that connects with consumers of music content. Financial terms of the deal were not released. Cellfish was originally part of France's Lagardère SCA and was backed in 2006 and 2007 with investments totaling $60 million from the Caisse de Dépôt et Placement du Québec, Desjardins Capital de risque, Fonds de solidarité des travailleurs du Québec FTQ and Trio Capital. CellFish has offices in New York, San Diego, Montréal and Europe.

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