GoFish To Acquire Bolt Media

GoFish.com (OTC BB: GOFH) has agreed to acquire Bolt Media, a youth-oriented operator of a user-generated content website, for up to $30 million in GoFish stock. Bolt has raised over $62 million in total VC funding since its 1996 inception. This includes an early 2000 infusion at a post-money valuation of approximately $335 million, and a deal the following June that valued the company at less than $34 million. Backers have included Fremont Partners, Highland Capital Partners, Moore Capital, Oak Investment Partners, AOL, Ford Motor Co., Comcast Interactive Capital and Sandler Capital Management. www.gofish.com www.bolt.com