What you need to know - 08/11/11

Ronny Kerr · August 11, 2011 · Short URL: https://vator.tv/n/1db3

Zynga exec Jeremy Verba made CEO of eHarmony; Elevator Labs raises $20 million for inventions

Airband Communications, provider of fixed-wireless voice and data services to businesses in the U.S., signed an agreement with ABRY Partners, LLC, to provide $20 million of financing to further accelerate Airband’s growth both organically and through mergers and acquisitions.

Cloud-based PHP solutions provider AppFog raised an $8 million Series B round led by Ignition Partners, with help from Simon Crosby and Matt Ocko, as well as existing investors Madrona Venture Group, First Round Capital, and Founders Co-Op.

BankSimple secured $10 million in additional financing led by current investor IA Ventures and joined by existing investors and Shasta Ventures.

Zynga executive Jeremy Verba has been appointed CEO and board member of online dating site eHarmony.

Elevator Labs, a new invention company, secured $20 million in initial funding from KGC Capital.

 

 

A year and a half after its launch, the Foodspotting app has hit one million downloads and the startup is celebrating with some new features.

Digital textbook platform Kno is now making over 100,000 digital textbooks available on Facebook and the Web, and it’s launching some new interactive features to boot.

 

 

 

Rocket Lawyer, an online legal document service, raised $18.5 million in growth funding led by August Capital with participation from Google Ventures and Investor Growth Capital (IGC).

The U.S. Securities and Exchange Commission (SEC) is gearing up to introduce new regulations on the secondary market.

 

 

 

 

Adding to the mandatory #NewTwitter upgrade and image uploading, two new features were announced Wednesday aiming to better surface the personalized content and activity already on Twitter.

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