CBS is paying an undisclosed amount for Clicker Media, which had raised about $19m since its incubation at venture capital (VC) firm Redpoint Ventures according to news provider Fortune.

US broadcaster CBS has agreed to acquire Clicker Media, a local online television guide backed by network equipment supplier Qualcomm’s corporate venturing unit, and install its target’s chief executive as president of CBS Interactive.

CBS is paying an undisclosed amount for Clicker, which had raised about $19m since its incubation at venture capital (VC) firm Redpoint Ventures according to news provider Fortune. One source said CBSwas paying $200m to $300m for Clicker.

In February 2010, Clicker gained $11m in its series B round but this was extended to $13m in April, according to a regulatory filing, with the extra money provided by Qualcomm Ventures, the firm said.

The February B round was led by VC firm Jafco Ventures, with participation by series A investors Benchmark Capital and Redpoint Ventures. The company has also received funding by media-focused investment bank Allen.