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Switchfly raises $15 million for travel, loyalty and payment platform

Switchfly, the developer of web-based travel, loyalty and payment software formerly known as ezRez Software, said on Thursday it has raised $15 million in its third round of funding.

Yelp IPO gets five-star reviews

Yelp Inc. is so far getting five-star reviews for its initial public offering, which priced its shares at $15, above its $12 to $14 per share targeted range.

ForgeRock closes $7 million for open source identity platform

ForgeRock, the open source vendor behind the I3 Open Identity Platform, today announced that it has raised $7 million in series A funding from Accel Partners.

Yammer closes $85 million for enterprise social networks

Yammer Inc., which provides social networks specifically for enterprise, has secured $85 million in its fifth round of funding led by DFJ Growth, part of the core team at Draper Fisher Jurvetson.

SugarSync raises $15 million to keep users' files in sync

SugarSync, the developer of a free service that syncs files across a user's computers and devices, said on Wednesday it has raised $15 million in its fourth round of funding, which the company will use to grow its team and expand its datacenter footprint.

Intel commits $100 million to automotive tech innovation

Intel Capital today announced it has created the Connected Car Fund, a $100 million global investment fund to help accelerate and promote innovation in the automotive industry.

Phroni secures $870,000 to enhance mobile browsing [with demo video]

Mobile technology company Studio Ousia Inc. has raised 70 million yen (about $870,000) in private placement of new shares from Nissay Capital Co. Ltd. for its Phroni platform.

Edison Ventures closes new $249 million technology fund

Edison Ventures, the New Jersey-based venture capital firm with offices in McLean, Va. said on Tuesday it has closed a new $249 million technology fund.

Game Closure secures $12 million for cross-platform game kit

Game Closure, which makes it possible for mobile game studios to develop and publish across platforms, today announced a Series A financing round of $12 million led by Highland Capital Partners.

John Peel's legendary music collection to be an online museum

The legendary music collection of British radio pioneer and icon John Peel is being turned into an interactive online museum accessible by the public.