Jerry Yang Leads New Funding Round for OpenBucks

Individual angel investors generally don’t take leading roles in providing new institutional funding rounds for start-ups, but OpenBucks broke that tradition.

The Mountain View, Calif.-based financial services start-up raised $4.8 million in Series A funding this week led by Yahoo Inc. co-founder Jerry Yang, with former Yahoo Chief Executive Terry Semel and several other individuals and venture capital firms participating.

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About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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