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Bitly raises $15m toward its growth as a social service

Bitly, the social bookmarking and discovery service, has raised $15 million in what it characterized as a strategic round of funding led by Vinod Khosla at Khosla Ventures.

Nimble Secures $1 Million for Business-Savvy Social

Social business platform Nimble secured $1 million in funding from Google Ventures and a list of angel investors that includes Dallas Mavericks owner Mark Cuban, Jason Calacanis, Don Dodge and Dharmesh Shah.

12 Finalists for 4th Annual Digital Entertainment World (DEW) Startup Competition...

Innovative Startups Focused on Social VR, Music and Video Distribution, Licensing, Personalization, OTT and More Compete for DEW Startup of the Year LOS ANGELES, CA--(January...

Unruly Gets $25 Million for Viral Video Ads [with show reel]

Unruly Media, the social video technology platform provider behind Old Spice's and several other successful major-brand campaigns, has secured $25 million Series A round of funding from Amadeus Capital Partners, Van den Ende & Deitmers and Business Growth Fund.

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.

Facebook Creates PAC, Hosts Republicans at HQ [with video]

On a day when President Obama’s visit paralyzed much of Hollywood’s traffic, Facebook has filed the paperwork to form its own political action committee. Reports also surfaced Monday that Facebook had registered the domain names FBPAC.org and FBPAC.us. The social media giant has had a voice in Washington D.C. for the past few years, but this is the first time it will be able to support specific candidates through direct financial donations. Facebook spent $207,878 on lobbying activities in 2009, $351,390 in 2010, and $550,000 in the first half of 2011, records show.

Amplify Unites Hollywood, Tech and $4.5 Million in Startup Accelerator

Hollywood and Silicon Valley types have joined forces on Amplify, a mentor-driven startup accelerator and entrepreneurial campus in Venice, Calif. backed by a $4.5 million fund.

Twilio Raises $17 Million for Cloud Telephony [with reel]

Cloud communications company Twilio has raised a $17 million Series C round of funding from returning investors Bessemer Venture Partners and Union Square Ventures.

InMobi Acquires HTML5 Ad Company Sprout

San Mateo, Calif. — InMobi, an independent mobile ad network, has acquired Sprout — a company specializing in HTML5 based ads — to enrich...

Marin Software closes $30 million for ad management SaaS

Ad management and optimization platform provider Marin Software announced that it has closed a $30 million round of funding led by new investors Temasek with SAP Ventures, with participation by existing investors.