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Jerry Yang leads $4.8m investment in Openbucks gift card network

Openbucks, the developer of a gift card payment network, said on Tuesday it has raised $4.8 million in its first round of funding, led by Yahoo co-founder Jerry Yang.

Digital music resale platform ReDigi secures additional funding

ReDigi, the operator of an online marketplace for used digital music, has raised $760,000 in venture capital, the company disclosed in a new filing with the SEC.

Kiip closes $11m to power up its mobile rewards platform

Mobile rewards network Kiip has raised $11 million in Series B funding led by Relay Ventures, with participation from others that include existing investors Hummer Winblad and True Ventures.

Shareaholic powers up with $3m for online content sharing

Shareaholic, the provider of a platform for sharing and discovering online content, has raised $3 million in what the company said was an oversubscribed first round of funding.

Symantec leads $9m round for Backupify cloud

Backupify, a provider of online backup services for cloud application data, has raised $9 million in its third round of venture capital, which was led by Symantec.

Mayfield raises new $365 million early-stage fund

Mayfield Fund, the Silicon Valley venture capital firm focused on early-stage IT companies, said on Thursday it has closed a new $365 million fund.

The Echo Nest tunes in $17.3m for smarter music services

In an indication of music services’ growing sophistication, music intelligence platform the Echo Nest has closed a $17.3 million financing round led by Norwest Venture Partners.

Social Point closes $7.4m, brings 'Social Empires' to mobile

Social Point, the Barcelona-based social games developer, announced today it has closed a $7.4 million Series B round of funding led by Idinvest Partners.

Intel leads $5m investment in CashStar digital gifting

CashStar, a provider of digital gifting and incentives services for retailers, has raised $5 million in a round of venture capital, which was led by Intel Capital.

CaptureToCloud raises $4.7m for Social Workspace

CaptureToCloud, a developer of software designed to streamline how people capture and collaborate with others on digital content, has raised $4.7 million in its first round of funding, led by Acero Capital.