AngelPad is now accepting applications for its fall 2011 program.

 

Currensee, an alternative investment service that gives investors unique access to the world currency markets, secured $4 million as Series C financing from North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital.

Flud, a personalized mobile news reader for iPhone and iPad, raised $1 million in seed funding from several notable angel investors.

 

Groupon is looking for 100 technologists to work out of its Palo Alto, Calif. office.

 

 

Companies that went public in the first quarter of 2011 generated 166% more capital than they did in Q1 2010, according to Hoovers, a Dun & Bradstreet company and a provider of key insights and information on U.S. companies

 

Online advertising revenues generated a record $26 billion in 2010, representing an increase of 15% over 2009, which saw $22.7 billion in total online ad revenue. The fourth quarter alone raked in $7.45 billion, a 16% increase over the third quarter and a full 19% increase over the same quarter in 2009.

MarketShare, a cross-media analytics company that enables global marketers to optimize their marketing resource allocations, raised a $32 million follow-on investment by Elevation Partners.

KupiVIP.ru, a Russian-based private online shopping club, raised $55 million from new and old investors.

One month after AOL cut 900 employees, it’s now hiring as many as 800 more to beef up its hyperlocal news network, Patch.com.

 

Twitter for BlackBerry v1.1 just launched with updates for location, push notifications and much more that bring it up to speed with official offerings on iOS and Android.

 

UberMedia, developer of several Twitter-based applications and services for both Web and mobile, may be working on a brand new microblogging site to rival the 800-pound gorilla in the space.

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