Coursekit, an education software startup, closed a $1 million seed round of financing from. IA Ventures (Roger Ehrenberg, Brad Gillespie), Founder Collective (Chris Dixon), Shasta Ventures (Rob Coneybeer), Ralph Mack, Nat Turner, and Zach Weinberg.
David Gray released his album exclusively on Groupon, beginning Monday, June 27, for only $6, more than half off the $13 retail price. Gray is the first artist to debut an album on the daily deals site.
GSV Capital bought $6.59 million worth of Facebook stock.
Ifeelgoods, a marketing company in digital goods incentives that drive sales and social media engagement, secured $6.5 million in a Series A round of funding led by Idinvest Partners.
PayPal now has 100 million active users.
Tablet ownership is on the rise, but in an interesting twist, the rate of tablet adoption lags behind the rate of e-reader adoption, according to a study released Monday by the Pew Research Center’s Internet and American Life Project
The RealReal launched as the self-proclaimed first designer resale flash sale site, featuring such well-known designer brands as Prada, Versace, Dolce and Gabbana, Christian Dior, Celine, and more.
Twitter launched Twitter for Newsrooms, a collection of resources on how journalists should be using the microblogging site to forward their story.
Viralheat, provider of analytics and actionable intelligence on the social Web, secured $4.25 million in a Series A funding led by Mayfield Fund.