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Plum District Gets $8.5 Million for Daily Deals for Moms

San Francisco - Plum District, a daily deals service focused on moms and their families, has raised $8.5 million in a first round of financing, led...

Intel to Invest $100 Million in University Research

Santa Clara, Calif. - Chipmaker Intel (NASD: INTC) has announced it will invest $100 million over the next five years to open Intel Science and Technology Centers...

Storenvy Secures $1.5 Million for Social Web Store Tools

San Francisco - Storenvy, a social marketplace and provider of online store-building tools for indie brands, on Thursday announced the closing of $1.5 million in new...

Snapdeal Gets $12 Million for Daily Deals in India

Mumbai, India - Snapdeal, a daily deals site based in India, announced that it has raised $12 million in financing, led by Nexus Venture Partners. Mumbia-based...

Korrio Scores $3.3 Million for Sports Automation Platform

Seattle - Korrio, the developer of a sports automation platform, said on Thursday that it has raised $3.3 million in its first round of funding, from...

Social Commerce Network Lockerz Acquires Plixi

Seattle - Lockerz, the provider of a social commerce network, has acquired photo-sharing application Plixi (formerly TweetPhoto), for between $10 million and $15 million, TechCrunch reported. Founded...

SEE Acquires MindArk Virtual Planet, Design Studio for $6 Million

Los Angeles - SEE Virtual Worlds, a developer of branded online virtual worlds, announced on Thursday that it has acquired Planet Calypso, the first virtual planet...

Vokle Lands Funding for Video Conferencing Technology

Santa Monica, Calif. - Vokle, a developer of video conferencing technology, has raised $542,000 in debt financing and convertible notes, part of an expected $1 million...

Google Acquires Social Network Voice Service SayNow

Mountain View, Calif. - Google (NASD: GOOG) has acquired SayNow, a provider of voice chat services used by some celebrities to communicate with fans. Financial terms of...

Wolfgang's Vault Acquires Paste Magazine

San Francisco - Wolfgang's Vault, a company that offers vintage concert recordings and memorabilia culled from legendary promoter Bill Graham and others, announced on Wednesday that...