The creator of Shortmail, 410 Labs, closed $750,000 in Series A funding from True Ventures, 500 Startups, Fortify Ventures, the Maryland Venture Fund. Additionally, several angel investors and entrepreneurs participated.
Social commerce network Lockerz acquired social sharing platform AddToAny.
Early-stage venture fundraising is slowly decreasing, while later-stage funds performed stronger than ever in the first half of 2011.
Ignite Game Technologies raised a $7.5 million Series B to develop racing games.
A study by the University of Missouri seems to suggest that Apple iPad users don’t get tired of the tablet. In fact, user satisfaction actually increases the longer a person uses the device.
Mobile advertising startup MoPub raised a $6.5 million Series A investment led by Accel Partners and joined by co-investor Harrison Metal Capital.
Mobile entertainment studio skyrockit, raised $2.6 million led by investor Intel Capital with participation from Asuka DBJ Partners, and individual investor Mark Kingdon.
The Pew Research Center’s Internet & American Life project released a study that found that not only does a full one-third (35%) of American adults now own smartphones, but that 25% of smartphone owners now use their phones to access the Internet more often than their PCs.
Social travel site Tripping.com closed $450,000 of a planned $1 million seed investment round led by Quest Venture Partners (QVP) with participation expected from other “micro-VC” firms and super angels.
Zettaset, formerly GOTO Metrics, closed a $3 million Series A round led by Draper Fisher Jurvetson and Epic Ventures. Additionally, the company announced its relaunch under the new name Zettaset.
It will complete and submit forms, and integrate with state benefit systems
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Steven Loeb
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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Steven Loeb
The artists wrote an open letter accusing OpenAI of misleading and using them
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Steven Loeb
