Modo Labs, a Cambridge-based provider of open-source content delivery technology for mobile platforms and devices, announced on Tuesday it has raised $4 million in a venture capital deal with Storm Ventures and New Magellan Ventures.

Smule, a Palo Alto-based developer of mobile music apps and games, said it has raised $12 million in a new round of funding, led by Shasta Ventures. Granite Ventures and Bessemer Ventures also participated in the round, which the company will use to accelerate growth.

A new $4.5 billion fund formed by the Federal Communications Commission (FCC) aims to bring broadband Internet access to millions of Americans living in rural areas, creating approximately 500,000 jobs over the next six years by expanding high-speed access to over 7 million people.

Accel Partners, the Palo Alto-based technology venture capital firm, has raised $93.6 million through a pair of new side funds, it revealed in a filing with the Securities and Exchange Commission (SEC).

4Info, a San Mateo, Calif.-based developer of mobile advertising technology, said on Thursday it has raised $14 million in a new round from Paul Allen's Vulcan Capital, Mitsui Global Investment and previous backers Draper Fisher Jurvetson, Gannett, Mezzanine Capital and U.S. Venture Partners.

Prysm, a San Jose-based developer of digital display technology, said on Thursday it has landed $100 million in new funding to begin volume production of its Laser Phosphor Display (LPD) technology, which allows for life-size digital experiences from any viewing angle. Identities of the investors were not disclosed.

San Mateo, Calif. – Sociable Labs, a San Mateo-based developer of on-site social commerce software, said on Wednesday it has raised $7 million in its second round of funding, led by Battery Ventures. Previous backer Javelin Venture Partners also participated.

Ustream continues its international expansion, announcing on Tuesday an agreement with KT Corp. for the telecoms provider to invest an additional $10 million in the live streaming service to launch Ustream Korea as part of the company’s joint venture for Ustream Asia with Softbank Corp. in Japan.

Global TV games platform PlayJam has secured $5 million in Series A financing from GameStop Digital Ventures, Adobe Ventures, Endeavour Ventures, London Venture Partners and individual investors. The investment will be used to fund the startup's further growth into Asian and U.S. markets.

Moment Systems, Chinese largest third-party digital marketing measurement company, has secured $20 million in Series B funding led by Kleiner Perkins Caufield & Byers, with participation by China Broadband Capital, Redpoint Ventures and WPP Digital. KPCB partner Zhou Wei will take a seat on Moment Systems’ board.