What you need to know - 05/23/11

Ronny Kerr · May 23, 2011 · Short URL: https://vator.tv/n/1ab5

Maybe LinkedIn isn't overvalued after all; SmartCellar lands on the iPad

Watch the second part of Bambi Francisco's interview series with Michael Lazerow, CEO and founder of Buddy Media.

CatchOfTheDay, which operates Australian e-commerce sites CatchOfTheDay.com.au and Scoopon.com.au, closed an investment for a minority stake in the company from New York-based Tiger Global Management and a group of Australian businessmen including James Packer’s Consolidated Press Holdings (CPH), Andrew Bassat, co-founder and CEO of Seek and Glenn Poswell founder of Gannet Capital.

 

Eightfold Logic, which just launched social writing application InboundWriter, closed $2 million in Series C funding from existing investors.

Lerer Ventures closed its second $25 million seed-stage fund.

Read some thoughts as to why LinkedIn's value may not be crazy.

 

Mobli, a mobile content sharing platform, has released a new app that combines YouTube, Instagram and Twitter.

Rent the Runway raised $15 million from Kleiner Perkins Caufield & Byers.

SmartCellar, a digital wine list that lets restaurant patrons easily skim through the wine section and get information, pictures, and more in one sitting, is available on the iPad.

A Welsh professional soccer player who must not be named, due to legal restrictions in the UK, has secured a court order in the British High Court requiring that Twitter reveal the identities of anonymous users on the site that tweeted his name.

Unsocial, a mobile app for connecting with new people at business events like conferences and tradeshows, secured an undisclosed round of seed funding from several unnamed angel investors.

Today's Entrepreneur is Shawn Gardner, Founder and CEO of Fun2rent.com.

VYou, the conversational video platform, closed a $3 million Series A financing round led by RRE Ventures and Highland Capital Partners.

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