Megaupload founder out on bail, banned from Internet and helicopters

Megaupload founder Kim Dotcom was released on bail Wednesday in New Zealand, after a judge ruled he was no longer a flight risk. Dotcom is not allowed to access the Internet while out on bail, and he cannot use a helicopter. Additionally, he’s confined to his Coatesville house, where police took him into custody last month after finding him in a safe room with what appeared to be a sawed-off shotgun.

YouSendIt raises additional $15M to bypass email attachment limits

File-transfer startup YouSendIt, which allows users to bypass the limits that most email services put on file transfers, announced it raised an extra $15 million in its fourth round of funding on Friday. New investor Adams Street Partners led the round, along with former investors Emergence Capital, Sigma Partners and Alloy Ventures.