What you need to know – Friday 9/17/2010

Smartsheet, the maker of a spreadsheet-style applications, raised $1.5 million in its C Series funding. Madrona Ventures Group led the new round.

Venmo, a social payment startup that raised $1.2 million earlier this year, just launched a new iPhone app that allows you to send payments to your friends via texting.  

Solvate announced the release of the Solvate Talent Engine. The Solvate Talent Engine is designed to allow startup’s to find the talent that they need. The services offer 2000+ business services on-demand.

ChaCha to drop T-Mobile. The question answering service will deal without its free SMS service to T-Mobile customers  due to an impending toll. The toll would be one-quarter of one cent per message.

Facebook Places goes live in the UK. British fans of the social networking giant will now have the ability to use the check in service.

Windows 7 phone delayed. The news Windows 7 based phones will not be compatible with  CDMA networks, like Verizon and Sprint. The phones are being help until the first half of 2011.

Shuffler an Internet music discovery site announced a whole slew of new features today. The site  streams a variety of songs from music blogs.

Yahoo announced new features. This will include updates to the mail and search.

Samsung announces both a Android-powered device and a media rental service, known as Media Hub. The announcement was made last night at a live press event.

MySpace is adding three new features to its platform The additions include: an in-app sharing button, an in-game friending API, and a user-to-user gifting and invite API.

GreenBytes Inc. has added $3.5 million to their first round of funding. The company claims it can cut the amount of power consumed  by 50%.

Foursquare goes to campus. After making a deal with 20 schools, including Harvard, Stanford, and Syracuse, the check in service wil be colege bound today.