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Today’s funding announcements include new solutions for shopping, reading and computing:
Decide gets $6M for eCommerce company: The Seattle-based company has raised a second round of funding led by Maveron with participation from Madrona Venture Group and angel investors. The site, still in stealth mode but expected to go live this spring, was co-founded by Oren Etzioni, founder of airfare prediction service Farecast, and is “bringing unprecedented transparency to electronics shopping.”
Byliner raises $935K for new nonfiction destination: The company behind Byliner.com, a site offering archives of nonfiction writing, has raised a round of seed funding led by Freestyle Capital and SoftTechVC with participation from other investors. The site, which will officially launch in May, plans to offer its users recommendations and discussion forums for nonfiction work. The site will also distribute Byliner Originals, nonfiction pieces published in digital form by Byliner. The company is based in San Francisco.
IO Turbine brings in $7.75M to improve virtualized computing performance: The San Jose-based software company has raised a new round of funding led by Lightspeed Venture Partners with participation from Merus Capital and angel investors. Founded in December 2009, the company has partnered with VMware and Microsoft and is working on a solution to address I/O bottleneck issues by using Flash technology.
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