Venture capital firm Tiger Global Management led a $16 million funding round for Exclusively.in, a members-only Indian fashion e-tailer.
Fotomoto, a service for buying and selling photos, has raised a $1.2 million Series A round from Adams Capital.
Google unveiled its new mobile wallet app Google Wallet on Thursday. The good news is that it’s awesome. The bad news is that it’s extremely limited. For now.
Reply!, a marketplace for the acquisition of locally-targeted consumer traffic, acquired MerchantCircle, an online network of local business owners, for $60 million in cash and stock.
Right after Google announced its new payment system (above), PayPal and eBay fired at the company with a lawsuit, claiming it stole employees and secrets.
To read more about Vator Splash LA, check out our notes from ReachLocal CEO Zorik Gordon's keynote, an interview with Demand Media head of M&A Shawn Colo and a panel of investors talking about the tech bubble.