Here’s a look at some of the funding announcements across the social network, community, video, digital media and advertising sectors.
The biggest fundraising announcement came from Active.com, a community site that focuses on sports. The
San Diego-based Active.com, a community site that focuses on sports raised $80 million from Canaan Partners, North
Bridge Venture
Partners, and Performance Equity
Partners in this round. The amount brings the company’s total funding raised to $275 million, according to PEHub.
San
Mateo, Calif.-based Conviva raised $20 million. The live video media
platform source was backed by UV Partners with participation from
Series A investors New Enterprise Associates (NEA) and Foundation
Capital, according to a release. 
Online speed-dating service, SpeedDate.com, raised $6 million from Menlo Ventures. Launched 10 months ago, SpeedDate has millions of users in 190
different countries, has been growing at 50% per month, and hosts over 100,000 online speed dates every day, which is estimated to be more
daily speed dates than occur offline in the entire United States, according to PEHub.
StudioNow
Inc., which helps produce inexpensive videos, raised $2.38 million in a Series A round, according to VentureWire. Clayton Associates, a Franklin, Tenn.-based
private equity firm and existing investors were behind the deal, according to VentureBeat.
Cambridge, Mass-based JumpTap raised a fourth round of funding of $23 million. JumpTap is a mobile search and
advertising company. AllianceBernstein
led the round, and was joined by earlier investors Catalyst
Partners, Redpoint Ventures, Summerhill Venture Partners, Valhalla
Partners and WPP. The company has raised a total of $73 million in
total VC funding, according to PEHub.
Norwest Venture Partners led a $10 million Series B round in Brand.net, an online ad network that is
focused on exclusively on brand
advertising. “Brand advertising is the biggest growth
opportunity online,” said Robert Abbott,
General Partner, Norwest Venture Partners, who will be joining Brand.net’s
board of directors,” according to a release.
Lexington, Mass-based Mall Networks, a provider of merchant-funded loyalty shopping solutions, raised $7 million in Series B funding. Dace Ventures led the round, which included Flybridge Capital
Partners, Venture Capital Fund of New England and LBO Enterprises, according to PEHub.
Online photo-sharing and fundraising service for schools, PicateersInc., raised $66 million from Norwest Venture
Partners and Storm Ventures, according to the San Francisco Business Times.
(Image sources: Princesspromenade
