For Q4 2010 in the U.S., online retail spending reached a record $43.4 billion for the quarter, up 11 percent versus year ago, according to comScore.
Cellnovo, developer of a mobile diabetes management system, raised £30 million ($48.4 million) in a Series B financing round led by Edmond de Rothschild Investment Partners (EdRIP).
Earth Aid, a home energy management system, raised $4 million, according to an SEC filing.
Hipmunk, a flight search service that wants to lessen the pain of traveling, raised a $4.2 million round of funding led by Ignition Partners with participation from experts in the online travel space.
Location-based platform LOC-AID Technologies raised $13 million in funding according to an SEC filing.
Needle, provider of social commerce chat, has raised $2 million, according to an SEC filing.
Popdust, a editorial website focused on mainstream artists and pop music culture, completed a $1 million Series A round of funding led by Lerer Media Ventues.
Chinese online video company PPLive raised a $250 million Series D round from SoftBank.
Storify, a website that allows users to create online narratives out of a compilation of their favorite tweets, videos, and pictures, secured $2 million in financing from Khosla Ventures.
Vator hosted another successful Vator Splash event in San Francisco. The winner: LaborVoices. Check out our notes from keynotes by Pandora founder Tim Westergren and ngmoco founder Neil Young. Or take a look at the ten finalists.