Here’s the latest action:

Precise Path Robotics lands $4.5M — The maker of robotic lawn mowers has raised $4.5 million in venture capital funding from angel investors. It has now raised $10 million to date.

Home Depot to sell $20 LED bulbs — The home improvement chain is partnering with both Cree and Philips to sell LED light bulbs for as little as $20, significantly cheaper than these bulbs have been before.

Google offers universal search — Now instead of searching your Google Docs, Gmail and the web separately, there is one box for search terms that scours all of these categories. Mashable has more.

Sequoia invests in Quick Heal Technologies — Sequoia Capital’s India branch announced that it is backing computer security firm Quick Heal Technologies with almost $13 million. The company will use the new money for an acquisition strategy.

SeeqPod founder starts search company — Kasian Franks, founder of music discovery engine SeeqPod, has started another search enterprise that scours the web for mobile applications.

App Store director peddles fart apps — Director of the Apple App Store, Phillip Shoemaker, has made his own fart and urination applications under the brand name Gray Noodle, despite the App Store’s reportedly stringent standards.

Vevo debuts mobile apps — The startup has just launched applications used to discover, watch and share videos and music for the iPhone and iPod Touch, now available for free in the iTunes App Store.

Highland Capital hires away Googler — Manish Patel, a top product manager at Google, has joined Highland Capital Partners as a principal in Menlo Park. Private Equity Hub has the story.