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With its innovation team -- a geek-chic crew that ranges from analysts to actresses -- firmly in place and business booming, next up for Fahrenheit is diversification.

Last year, the company launched Fahrenheit Ventures as a way to take ownership of some of its creations and take equity positions in small businesses. (Parenting site Alpha Mom became the first of these ventures when Fahrenheit acquired a 35% stake last year, and deals with the Kind Group and New Zealand natural products company BioVittoria have since been struck.)

NEXT: New ventures
Last updated December 16 2009: 2:19 PM ET
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