Social music startup Rdio, created by the founders of Skype, raised $17.5 million in funding from Mangrove Capital Partners, along with previous investors Skype, Atomico Ventures and Janus Fris.
Q&A site Answers.com, has agreed to be acquired by AFCV Holdings, LLC for a total cash consideration of approximately $127 million.
Personal finance startup BillGuard raised $3 million in angel funding from Bessemer Venture Partners, Chris Dixon, Ron Conway, IA Ventures, Howard Lindzon and Yaron Galai.
Poynt Corporation, a provider of mobile local search services, acquired local advertising publishing platform assets from go2 Media, Inc. (the "Transaction") for $450,000.
Hulu and Viacom Inc. entered a new content partnership that will return "The Daily Show with Jon Stewart" and "The Colbert Report" to Hulu.com and bring many popular TV shows from Viacom's media networks, including Comedy Central, MTV, BET, VH1, Spike TV, and TV Land to the Hulu Plus subscription service.
InternMatch, helping students find internships, raised $400,000 in angel funding from Dave McClure, Mitch Kapor, Kenny Van Zant, and Raj Agarwal.
Health startup Massive Health raised a $2.25 million seed round.
Y-Combinator-backed ReadyForZero launched to provide a wholly personalized strategy for getting people out of credit card debt
SolidFire, a stealth cloud computing storage platform, closed $11 million in Series A funding led by New Enterprise Associates (NEA) with current investors Valhalla Partners and Novak Biddle Venture Partners participating
Content recommendation engine Outbrain acquired Surphace, formerly known as Sphere, from AOL. The terms of the deal were not disclosed.