Chartbeat takes $1M from current investors, raising more later this year

“She’s got to feed the monkey, I mean, hasn’t that ever occurred to you man?”

That might be a quote from cult classic The Big Lebowski, or it might be what Chartbeat recently told their current investors. Who’s to …

DeanBeat: Game companies raised a record-breaking $1.54B in 2011

Game fundings destroyed the record book for fundings this year as 145 companies raised more than $1.540 billion in 2011, not counting initial public offerings.

In 2011, games took center stage. Game investment changed fundamentally during the year, as investors …

Nokia scoops up Smarterphone, now has another mobile OS to deal with

As if Nokia needed yet another mobile operating system to deal with, the company has purchased Norwegian company Smarterphone, creator of an operating system that brings smartphone-like features to basic cellphones.

The acquisition was actually completed back in November, but …

Buyosphere raises $325K, relaunches as Q&A for shoppers

Buyosphere is web celebrity Tara Hunt‘s greatest gamble,  and after some shaky months, it might be starting to pay off.

Following a successful rebranding effort, the team has just closed an oversubscribed seed round of funding — $325,000, to be …

Battery-saving chip startup SuVolta raises $17.6M

SuVolta, a chip startup that says it can cut power consumption by 50 to 90 percent when coupled with other techniques for lowering voltage, said today it has raises $17.6 million in a new round of funding.

The company’s technology …

With $53.4M more funding, Lithium says social will change marketing as we know it

Lithium‘s goal is to make your existing customer base like the stands at a Raiders winning home game — crazy about your brand. The company announced a $53.4 million fourth round of funding today, which will be used to create …

Moontoast nabs $6M to grow its social commerce service (exclusive)

Moontoast, a startup that specializes in turning social media influence into revenue, has closed a new $6 million round of funding, the company tells VentureBeat.

Moontoast gives musicians, celebrities, and brands a way to generate money from the often large …

Do-it-yourself legal site Rocket Lawyer raises $10.8M

Just five months after raising $18.5 million, online legal services provider Rocket Lawyer has added $10.8 million in funding to its bank account, according to an SEC filing VentureBeat uncovered today.

“This is a combined Series D financing of $18.5M …

Playerize secures $1M to find more players for your online game

Playerize, a company that helps game studios find more players for their online and mobile games, raised $1 million in its first round of funding.

“Playerize uses display advertising through blog networks to help find new players for mobile and …

AT&T paying $215M to settle TiVo DVR patent dispute

AT&T is getting into a bad habit of paying out millions of dollars just to continue operating various parts of its business.

AT&T will pay digital video recording service TiVo a total of $215 million over the next seven years …

Accellion raises $12M from Riverwood to become “Dropbox for enterprise”

Cloud file sharing company Accellion has raised $12 million in its third round of funding, with a goal of rapidly growing its mobile file-sharing solutions and international presence, the company announced today.

Accellion helps companies and government agencies secure data …

72pins creative director discusses taking Call of Duty and Halo back to the 8-bit days

72pins is made up of a small team of retro art makers who take modern games — such as Halo or God of War — and reimagine them as classic Nintendo Entertainment System (NES) carts.

Cleverly coined as “NEStalgia” and …

Wal-Mart buys iPhone app agency to improve mobile commerce

The group responsible for bringing multinational retail corporation Wal-Mart into the era of mobile and social commerce has just expanded. WalmartLabs, the retail giant’s eight month-old social and mobile product incubator, has acquired Small Society to help improve customers’ mobile …

Yahoo names PayPal ex-president Scott Thompson as CEO

Iconic internet company Yahoo has named a new CEO, former PayPal President Scott Thompson, the company announced today.

Yahoo fired its long-time CEO Carol Bartz in September after board members decided she wasn’t pushing the company forward. Yahoo CFO Tim …

Embroiled in the Google sponsored-post debacle, Unruly raises $25M (exclusive)

A five year-old company that seeks to deliver “awesome social video campaigns” finds itself embroiled in a hairy Internet pickle on a day that would have otherwise been ripe for celebration.

Unruly Media, a video promotion company, has announced that …

IT outsourcer Internap acquires Voxel for $30M to add cloud power to lineup

IT infrastructure firm Internap has acquired hosting and cloud services provider Voxel for $30 million, the two companies announced this morning.

Internap provides “intelligent IT Infrastructure solutions” for enterprises and uses a variety of solutions to lower IT costs, including …

Last year’s deals: 2011 saw fewer exits, younger companies & more money

Mergers, acquisitions and IPOs for venture-backed startups were down in 2011 by some metrics and up by others.

Overall, the year saw a 14 percent drop in deal activity between 2010 and 2011. Dow Jones VentureSource‘s data shows 522 total …

Audiophilic startup SoundCloud raises a reported $50M

SoundCloud, a startup focusing on audio-sharing in social media, has announced a new (and reportedly sizable) round of funding.

The round, which was led by Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, may have been as large …

Wikipedia fundraiser ends with $20M in the bank

Those intriguing fundraiser banners have finally disappeared from the pages of Wikipedia, the online encyclopedia.

The site’s fundraising efforts for the year have ended, and the Wikimedia Foundation (the non-profit behind Wikipedia) was able to gather a record $20 million …