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. If its under $100 million, does it still count as news? Yes! So keep on reading for what happened today, above and below the $100 million threshold.

Hands on with Instapaper for Android

When I heard Instapaper unveiled an Android app Monday, I quickly made my way to the Google Play store, forked over $2.99, and downloaded the app, which lets you save long articles to read offline later. My excitement fizzled after playing around with an app with a bland interface that didn’t perform as well as its popular iOS counterpart.