Founders Fund co-founder Peter Thiel.

Founders Fund will give dough to early-stage science startups

Founders Fund already stands out for backing startups with radical ideas, including Counsyl, Hampton Creek, Planet Labs, and SpaceX. Now the venture firm is making a formal commitment to funding startups in aeronautics, life sciences, nanotechnology, and other geeky realms.

Our favorite tech long reads of 2011

The Internet is flooded with thousands of tech articles every day. Buried among all of the breaking news, reblogs, how-tos and product reviews are some great long-form journalism gems. Instead of falling out of favor with today’s short-attention-span-having readers, solid and deeply reported features actually saw a resurgence in 2011, thanks to tools such as Instapaper, smartphones and tablets, and dedicated e-readers.

Ooma gets another $16M to stay on dry land

VoIP startup Ooma, based in Palo Alto, has raised an additional $16 million in funding to help the company get its footing. The financing comes from existing investors Draper Fisher Jurvetson, WorldView Technology Partners, Founders Fund, WI Harper Group and Draper Richards, with new investor Telecommunications Development Fund also participating in this round.