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InfoSpace Gets Additional $7M from Cambridge Info Group

Cambridge Information Group (CIG), a Bethesda- and New York-based investment firm focused on the information services and education industries, said it has invested an additional $7 million in InfoSpace, a Bellevue, Wash.-based developer of Internet search technology.

Perfect World Puts $100 Million into Investment Fund

Perfect World Co. Ltd., a leading online China-based game company, announced its investment of $100 million in a venture capital fund focused on the technology, media and telecommunications sectors.

RootMusic Gets $16M to Expand BandPage

RootMusic closed a $16 million Series B round of funding to expand its BandPage platform for musicians on Facebook, an influx that puts the company in a good place if Facebook Music materializes as expected.

AOL Leads CrunchFund Investors, Seeks New Editor for TechCrunch

Over a dozen investors have backed a new early stage venture capital firm called CrunchFund, founded by Michael Arrington and Patrick Gallagher, to the tune of $20 million. Arrington will continue to write for TechCrunch but will have no editorial oversight.

SensAble Feels $3.6 Million Richer

SensAble Technologies, a Wilmington-based developer of 3D touch-enabled technology, has raised $3.6 million in a venture capital deal, according to a new filing by the company with the Securities and Exchange Commission.

MobiTV Files for $75M IPO

MobiTV Inc. today declared its intention to brave the storm-tossed waters of the financial market and go for an initial public offering. The mobile live and on-demand television pioneer filed its S-1 with the Securities and Exchange Commission to raise up to $75 million.

It Pays to Have Friends on Flickme's Social Movie Service

Sony Pictures and Warner Bros. have licensed films to Sequoia Capital-backed flickme, the latest entry into the growing field of movie viewing services with an integrated social element.

Kunlun Leads $46M Fund for Online Game Development

Chinese company Kunlun Wanwei, a leader in online gaming, is partnering with the Korean government to create an investment fund worth about $46 million...

Zynga Delays IPO It Pushed For

Despite its earlier push for an initial public offering "as soon as is practicable,” Zynga has now decided to pause until things settle down on Wall Street. Sources told the New York Post that Zynga is still enthusiastic about an IPO, the social game company is now considering a November public debut.

Video Recommender Taboola Attracts $9M

Video recommendation provider Taboola has secured $9 million in additional capital investment, bringing the company’s total investor funding to $15 million, according to Taboola’s...