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Xamarin raises $12m for mobile app developers' toolbox

Xamarin, a developer of mobile app development software that helps users creative native iOS, Android and Windows apps, has raised $12 million in its first round of funding.

Research: VCs invested $7b in U.S. companies during Q2

Venture capitalists invested $7.0 billion into U.S. companies during the second quarter, according to a new report from PricewaterhouseCoopers and the National Venture Capital Association.

Chute secures $2.7m to simplify publishing with images

Chute, the Y Combinator-backed company that helps content producers and app developers to include photo functions, has secured anew round of early stage venture funding led by Freestyle Capital.

Facebook alumni's Asana secures $28m for social workflow [with demo video]

Asana, the social workflow platform, has secured $28 million in funding in a round led by Founders Fund with participation from existing investors Benchmark Capital, Andreessen Horowitz and Mitch Kapor.

Tech VCs partner to launch $130m Brazilian startup fund

Redpoint Ventures and e.ventures (formerly BV Capital) jointly formed and announced a $130 million fund dedicated to Brazilian early-stage consumer Internet, mobile, media and cloud services startups.

Kayak cheers up Wall St. with strong IPO debut

Kayak Software Corp., a Norwalk-based travel website, on Friday priced its initial public offering of stock to raise $91 million.

DraftKings closes $1.4m for fantasy sports with cash prizes

DraftKings, an online fantasy sports startup based in Boston, on Friday announced that it has closed a seed capital round of $1.4 million, which was led by Atlas Venture.

Firespotter Labs raises $15m to heat up UberConference

Firespotter Labs, the company founded by Google Voice creator Craig Walker, has raised $15 million in financing led by Andreessen Horowitz, with participation by prior investor Google Ventures.

Say Media closes $27m for publishing network and platform

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has led a new $27 million round of funding in digital media company Say Media.

Pocket raises $5m to improve "read it later" capabilities

Pocket, the startup previously called Read It Later, has raised $5 million in a round led by Foundation Capital and joined by Baseline Ventures and Google Ventures, all prior investors.