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Canadian News Site The Mark Closes First Round of Funding

Toronto - The Mark, a Canada-based online daily news magazine, announced on Monday that it has closed its first round of funding, led by Innovation Grade...

Motorola Leads Investment in Social Music Player TuneWiki

Schaumberg, Ill. - Motorola (NYSE: MOT) Ventures announced on Monday that it has led a new investment round in TuneWiki, a provider of social media music players and...

Adult Site Operator FriendFinder Cancels IPO

Boca Raton, Fla. - FriendFinder Networks, an operator of adult-oriented websites and dating services, and publisher of Penthouse magazine, announced on Friday that it has opted to...

Tween Girls Site Fashion Playtes Raises $1.7 Million

Salem, Mass. - Fashion Playtes, the operator of an online girls fashion website, has raised $1.7 million in venture capital, according to a filing by the...

Scrapblog Gets $2.5 Million for Online Scrapbook Creation

San Francisco - Scrapblog, an online service that lets users upload photos and create Web-based scrapbooks, has raised $2.5 million in a fourth round of funding, TechCrunch...

Kwedit Secures $3 Million for Payment Service for Virtual Goods

Mountain View, Calif. - Kwedit, a developer of new payment services for digital content and virtual goods, announced that it has raised $3 million in its first...

AppFund to Fuel Development of Apple iPad Applications

New York - CNET and E! Online co-founder Kevin Wendle and MusicNation fo-founder Daniel Klaus have teamed to form AppFund, a new investment firm that will...

NYT: Amazon Acquires Touch-Screen Developer Touchco

New York - Amazon.com (NASD: AMZN) has acquired Touchco, a developer of touch-screen display technology, The New York Times reported, citing a person briefed on the deal. Terms of...

Terra Firma Seeks Another $160 Million for EMI

London - Terra Firma, the private equity firm that owns major record label EMI, is seeking to raise an additional $160 million to help repay loans...

LensVector Gets $30 Million for Camera Phone Lens Tech

Mountain View, Calif. - LensVector, a developer of autofocus technology for camera phone lenses, announced on Thursday that it has raised $30 million in a third round...