September 30, 2009 (FinancialWire) — GetFugu, Inc. (OTCBB: GFGU) has appointed Derek Norton chief operating officer, the company announced.

Norton is the founder and Managing Partner of Watertower Group, an industry-leading boutique investment bank, and the Managing General Partner of the Watertower Early Opportunity Fund, a seed and early stage venture capital fund.

Norton was previously an investment professional at Entertainment Media Ventures, a $120 million seed and early stage venture capital fund focused on investments in broadband infrastructure, consumer internet and digital media sectors, having led investments in Kassena, Matchcraft and Relegence, among others, and earlier, was with Entertainment Media Ventures, a Michael Milken-backed seed and early stage venture capital fund located in Los Angeles.

Norton founded Jeffries Technologies and Digital Boardwalk, a provider of web based service solutions to traditional businesses and new media business ventures. As Netscape’s second commercial partner, Digital Boardwalk was a pioneer in the provisioning of Internet technologies, e-commerce development, and marketing solutions to a wide range of companies and industries. Clients included CBS SportsLine, eToys, Office Max, Hughes Global Services, News Corp., and Hewlett Packard. Jeffries grew to become one of Inc. Magazine’s 500 fastest growing privately held U.S. companies, providing network enterprise architecture and systems integration to Global 2000 businesses.

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