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Kutcher invests in mobile payment firm Dwolla

Mobile payment company Dwolla has nabbed the attention and investment dollars of fellow Iowa native Ashton Kutcher.

Radial Networks secures $3.4 million for in-game advertising

Radial Networks, a startup subsidiary of the in-game advertising firm IGA, has raised $3.4 million in venture capital, according to a new filing by the company with the Securities and Exchange Commission.

Apple to get huge tax breaks for Texas campus

Apple is negotiating for further incentives related to the $304 million campus is is planning to build in Austin, Texas.

North Bridge Venture Partners names Heiliger as partner

North Bridge Venture Partners on Wednesday named former Facebook executive Jonathan Heiliger as a general partner. He served as Facebook's vice president of technical operations until last year.

Underwriters push size of Millennial Media IPO to $152.5 million

Millennial Media, the developer of mobile ad technology, said last week's initial public offering (IPO) wound up raising $152.5 million after underwriters exercised their option to purchase additional shares to cover over allotments.

BET founder to acquire Image Ent., Acorn Media Group

RLJ Acquisition, the media investment vehicle of BET founder Robert Johnson, said it will acquire Image Entertainment and Acorn Media Group in a bid to create one of the world's largest independent distributors of digital and video content.

CIT seeds VanGogh Imaging for mobile 3D modeling

The Center for Innovative Technology has invested $100,000 in VanGogh Imaging, a developer of software that lets mobile devices scan real-world objects and scenes in order to render 3D models for entertainment and other industries.

Aframe raises $7 million for collaborative video platform

Aframe, the developer of a web-based video production platform, announced it has raised $7 million in its first round of venture capital from Octopus Investments and Eden Ventures, with participation by Northstar Ventures.

Dragonplay closes $14 million for social games [with adorable promo video]

Free-to-play social games developer Dragonplay has raised $14 million in Series A funding led by Accel Partners, with participation by Founder Collective and Entrée Capital.

Plink raises angel funding for Facebook Credits loyalty perks

Plink, which awards Facebook Credits to users who patronize its restaurant and retail partners, announced angel investment of $633,000 on a pre-money valuation of $5 million.