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Funding Daily: Piece of the Pi Day


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Welcome to the latest installment of Funding Daily, now with added lycopene and no formaldehyde!

Today, we got wind of a few interesting deals. It’s Pi Day, so we were really hoping for that one witty firm to lead a $3.14 million round for some math-related startup, but no dice. You’ve let us down again, Sand Hill Road.

Here’s who brought home the bacon-flavored pie today:

AirXP raises a cool millie

Former Zynga acqui-hire Minglei Xu scooped up $1 million for AirXP, his latest startup. What’s it do? The Form D didn’t tell us much, but some Internet sleuthing revealed it’s a still-in-alpha video app for social-type consumers with smartphones. Read the full story on VentureBeat.

Shopaholics will love Wantr, now $600K richer

Wantr lets you know when the items you need (or just really, really want) have arrived in stores. The startup also has a Pinteresty feature where you can can share your favorite products. Wantr’s seed funding round comes from Seed Capital with participation from the founders of Trendsales and other angel investors. Read the full story on VentureBeat.

Turn marking platform seals $3.6M deal

Of all today’s announcements, this one came closest to fulfilling our Pi Day hopes and wishes. Turn is a social/marketing/ecommerce platform; the $3.6 million it disclosed today in an SEC filing may be part of a larger round to be announced later. To date, it’s already raised $57.5 million in four rounds of funding. We’ll keep our eyes peeled for more news from Turn.

DeveloperAuction gets $2.7M for programmer bidding wars

We all know coders are in big demand, but it took the mind behind 99designs to take that fact to its logical conclusion: online nerd auctions. Think of it as an eBay for your GitHub. Read the full story on VentureBeat.

Gaming startup Arkcadium raises $5M

We all love a good game. Arkadium makes casual games that run across multiple platforms, starting with — wait for it — Windows 8. Bazinga! The New York-based company got its most recent $5 million round from Edison Ventures. Read the full story on VentureBeat.

iRule goes in for seconds

Detroit-based iRule turns your smartphone or tablet into a universal remote control. The startup tells us it was founded in 2009 by die-hard audiophiles but is simple enough for even a boneheaded Luddite like yours truly to enjoy. The terms of the deal weren’t disclosed, but we do know it’s iRule’s second round. The funding was led by Detroit Venture Partners.