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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...

Yahoo Sells HotJobs Unit to Monster for $225 Million

New York - Nine months after it put the unit up for sale, Yahoo (NASD:  YHOO) announced on Wednesday that it has sold its HotJobs online...

College Lecture Podcast Firm Echo360 Raises Funds

Dulles, Va. - Echo360, a provider of Internet audio and video technology used by universities, has raised $6.8 million in an extension of its second round...

Russian Casual Games Firm Alawar Secures $3 Million

Los Angeles - Alawar Entertainment, a Russia-based casual games publisher, has received a $3 million equity investment from Almaz Capital Russia Fund, which will hold a 23%...