Funding Daily: It’s like the San Diego firework fiasco of investment

All the news that lay dormant surrounding the July 4th holiday exploded all at once today in the funding world. Sometime amidst the barbecuing and pool parties, major deals were struck involving massive amounts of money. The biggest story, juicier than that rare burger dripping with cheese you gobbled last week, was GitHub at long last taking a round of VC money — and what a round it was. Check out the other interesting bits below.

5 more tech deals that need to happen

Earlier this month, Microsoft made the deal of the year when it agreed to purchase enterprise social networking service Yammer. Meanwhile, the IPO market is dead after Facebook’s much-discussed botched issuance and subsequent valuation slide. Suddenly, going public is out, while getting bought is very in.