Fanzter, Inc. Secures $2 Million In Series B Funding Led By Steamboat Ventures
Fanzter, Inc., creators of the celebrity style and entertainment platform Coolspotters (www.coolspotters.com), today announced the company has raised $2 million in a Series B financing round led by Steamboat Ventures.

COLLINSVILLE, CT, March 05, 2009 /24-7PressRelease/ -- Fanzter, Inc., creators of the celebrity style and entertainment platform Coolspotters (www.coolspotters.com), today announced the company has raised $2 million in a Series B financing round led by Steamboat Ventures. Second Avenue Partners, the lead investor in the company's Series A financing, also invested in this round.

Coolspotters is a highly trafficked style and celebrity-focused community that makes it easy for users to discover, share, and buy the products, brands, and fashions being used by their favorite celebrities and public figures.

In only 10 months, Coolspotters has become a leading source for the latest trends and celebrity-related products, fashions, and brands - creating a new category of online destination that combines a passionate community with a powerful discovery and "visual commerce" engine. Coolspotters already reaches hundreds of thousands of global consumers per month, generating over a million page views. Since November, traffic to Coolspotters has more than doubled.

"Since launching, Coolspotters has carved out a very unique position online - at the intersection of celebrity, style, and entertainment, integrating products and brands with our users' shared passion for everything pop-culture," said Aaron LaBerge, Fanzter, Inc. CEO and co-founder. "In Steamboat, we have added a partner that shares a passion for our community and its enormous potential. We look forward to leveraging their deep expertise and experience to accelerate our growth."

Added Dan Beldy, Managing Director, Steamboat Ventures, "We're excited to be a part of a company that has the potential to not only entertain, but also create a new dynamic in online commerce by combining users' passions for pop-culture and entertainment with brands and product discovery. The Fanzter "association engine" presents a powerful new platform for user defined interests. We are encouraged by the early growth of Coolspotters and the company's product roadmap." Mr. Beldy will join the company's Board of Directors.

Visit Coolspotters online at www.coolspotters.com

Press Release Contact Information:

Aaron LaBerge
Fanzter, Inc.
President & CEO
75 Crown Street, 2nd Fl, Box 348
Collinsville, CT
USA 06022
Voice: 860-269-7247
Fax: 860-269-8117
Website: Visit Our Website