Mobile pay service LevelUp completes $21M round with $9M from T-Ventures

Mobile payment service LevelUp, a part of Boston-based startup SCVNGR, has collected $9 million more in financial padding, courtesy of T-Ventures, the venture capital arm of Deutsche Telekom. The funding is the second tranche of a two-part round that brings LevelUp’s total raise to $21 million.

Vive le web! European consumer tech startups fuel VC growth

With all the doom and gloom about the European debt crisis, it’s easy to underestimate the impact of early-stage tech companies, sprouting up in hubs like London and Berlin. These startups have fueled a 14 percent increase in venture capital investment in Europe, compared to the same period last year.

#waywire, a video news network for Gen Y, gets backing from Eric Schmidt and Oprah

Raised on the Internet and versed in social media, today’s youngsters view the world in a different light than generations past. Here to serve and inspire these influential minds is #waywire, a New York-based startup that’s landed $1.75 million in funding, which includes celebrity support from Oprah, for its mission.

AddThis creator closes $20M in series D

Clearspring Technologies, the creator of the AddThis social content sharing platform, can now add this to its list of accomplishments: $20 million in series D funding in a round led by Institutional Venture Partners (IVP).Clearspring’s existing investors also participated in the round.