Institutional Venture Partners explains why it bet big on game studio Supercell

Investor believes that mobile growth is huge and Supercell is more than a one-hit wonder.

Funding Daily: VC helping hands lead to startup happy feet

Good thing we start happy hour late here at VentureBeat, or we would have missed Fab.com’s big news yesterday afternoon. In other $100+ announcements, Penguin took an independent, self-publishing platform under its wing, and Microsoft and Yammer sealed the deal. …

FreedomPop raises $7.5M to free you from your carrier shackles (exclusive)

The seemingly mythical FreedomPop, which aims to disrupt the mobile broadband landscape by offering a freemium 4G service, is one step closer to reality. The company has raised $7.5 million in a first round of funding, led by ManGrove and …

Cmune spreads UberStrike to new platforms and raises funds from Skype founder

Cmune has just announced that it has raised money from Atomico, the international venture capital firm founded by Skype co-founder Niklas Zennström.

Presents for social gifting service Wrapp: $5M more funding, Reid Hoffman joins board

Who says gift cards aren’t cool? After landing $5.5 million in a first round of funding last November, social gifting service Wrapp, which lets you easily send gift cards to friends through Facebook, today announced that it’s received an additional …

Ge.tt gets $455,000 to transfer your files faster

Ge.tt is a browser-based, file transfer service that today announced an investment of €350,000 ($455,000) from Atomico, the venture capital firm of Skype founder Niklas Zennström. The Copenhagen-based startup will use the cash to hire new staff.

“The space is …