What you need to know – 02/16/11

1000Memories raised $2.5 milllion from Greylock Partners and a long list of prominent angel investors.

A report from Bernstein Research predicts that a lower priced iPhone will expand Apple’s addressable market six-fold while more than doubling revenue. 

Social games developer Ayeah Games raised $530,000 in seed funding, according to an SEC filing. Investors have not yet been disclosed by the company, but reports say CommonAngels and LaunchCapital contributed to the round.

CashStar, a digital gifting and incentives company, closed a $5 million round of funding led by Passport Capital with Allen & Company participating.

Catch.com raised $7 million in Series A funding led by Excel Venture Management.

Constant Contact, a marketing advisor to more than 400,000 small organizations, today acquired Bantam Live, a contact management and social CRM provider owned and operated by privately held Bantam Networks, for $15 million.

Paperless billing platform Doxo has raised a $10 million Series B round led by Sigma Partners, with participation from previous investors Mohr Davidow and Bezos Expeditions.

Facebook announced that four upcoming Android devices–two from INQ and two from HTC–will offer deeper integration with the social service than we’ve seen on other mobile devices.

Google launched Google One Pass, a payment system that enables publishers to charge consumers for articles and other content.

Javelin Venture Partners, a three-year-old early-stage VC based in San Francisco, raised $105 million for its Javelin Venture Partners II fund.

Personera, a platform that creates personalized digital/print products for Facebook users, closed a $1.4 million Series A round from Hasso Plattner Ventures Africa.

Online marketing solutions provider ReachLocal acquired rising Groupon clone DealOn. The deal was sealed for $10 million and provides LocalReach with a turnkey daily deals business in 18 U.S. markets.

Singly, a startup “building things for people, not just users,” raised $1.6 million.

Soladigm secured an additional $10 million from The Westly Group and Navitas Capital for a Series C round totaling $40 million.

ThingWorx completed a $5 million Series B financing round led by Safeguard Scientifics, Inc.

Just one week after UberMedia snapped up Tweetdeck for a reported $30 million, the company, started by Internet pioneer Bill Gross, has armed itself with $17.5 million in a round led by Accel Partners.

The featured entrepreneur is Darryl Ballantyne, founder and CEO of LyricFind and AdProject.