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.

With 5M corporate users, Yammer adds more third-party integration, Universal Search, & more

Business-focused social network Yammer is making good on its promise to all aspects of work software more social. Today the startup announced a slew of new features, including a new Universal Search tool, Premium Yammer Groups, more advanced content sharing options, and lots of new integration with third-party enterprise software platforms.

5 tech deals that need to happen

Facebook’s $1 billion purchase of Instagram was the topic on everyone’s lips at Mega Startup Weekend last Saturday and Sunday. The world’s most expensive “Like” has clearly gotten tech entrepreneurs buzzing about who will be next. While there’s no way to know which big deal will be next, here are five tech deals that make sense and need to happen: