Bubbli, a stealth startup with grand ambitions to change photography on smartphones, has raised around $2 million in a funding round led by August Capital. 

ConnectAndSell, provider of on-demand telephone conversations with prospects and customers, closed a $7.5 million round of financing led by Institutional Venture Partners (IVP).

Starting in June or July, Facebook will be moving from its Palo Alto, Calif. campus to a new headquarters in Menlo Park, just a few miles away.

Mobile entertainment company PlayPhone announced Tuesday the launch of a $10 million marketing fund for mobile social game developers.

Visa agreed to pay $190 million to acquire PlaySpan, a privately held company whose payments platform handles transactions for digital goods in online games, digital media and social networks.

Shopkick, which allows users to scan items while shopping to earn kickbucks rewards, announced Tuesday that users have now scanned more than three million products at 250,000 locations nationwide.

Socialware, working to help the financial industry with its social media status, secured $3 million in additional funding from existing investors, including FLOODGATE, G-51 Capital and Silverton Partners.

Stardoll, the online fashion and celebrity community for girls between the ages of seven and 17, has signed a multi-year licensing agreement with toy manufacturer Mattel to launch Stardoll’s first physical product line this fall.

Tello, an app that allows users to provide on-the-spot customer service feedback, launched Tuesday evening.

Today's featured entrepreneur is Adam Hoeksema, founder and CEO of Executive Plan.