Jason Calacanis Has One Miiiiiilllllion Dollars to Give Out to Start-Ups (Video)

Dr. Evil couldn’t make it, so heeeeeere’s Jason!
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Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson

The rumors are true. But, boy, were they ever off on the numbers.
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Watch: Sebastian Thrun Leaves Stanford to Teach Online

Stanford and Google’s Sebastian Thrun announced on stage that he is giving up his tenured professorship to teach free online courses at a new start-up he’s founded, called Udacity.
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Millennial Media Tries Cashing In on Mobile Ad Boom With IPO

It’s the first player in the small, rapidly growing mobile ad business to go public instead of selling to a bigger fish.
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Yammer Poaches Another VP From Salesforce.com

Once is a fluke, but two in as many months begins to look like a pattern.
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News Byte

Orchestra Raises a Quick $5M for Social To-Do App

Orchestra, which calls its iPhone and Web productivity and collaboration app “group chat disguised as a to-do list,” has raised $5 million in funding less than two months after it launched (we broke the news here). The new funding for the Palo Alto, Calif.-based company led by Apple and Ideo alums comes from Charles River Ventures and SV Angel.

API Marketplace Mashape Raises Funding

Mashape, an up-and-coming marketplace for APIs, has raised $1.5 million in seed funding — which, given some of the names backing it, seems like a pretty small amount.
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Exclusive: Yammer Now Works With Salesforce.com

Yammer, once known as a “Twitter for Work,” is transforming itself a key player in the fast-growing business of making enterprise applications more social.
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Meet Evan Reas of LAL and His Proximity-Based Social Graph for Colleges (Video)

The start-up LikeALittle, or LAL, had fended off NetworkEffect’s reportorial advances for weeks. Funny, considering the site helps people flirt with one another.

Formspring Absorbs What's Left of Q&A Competitor PeerPong: The People

Q&A start-up PeerPong has closed, and competitor Formspring has already picked up PeerPong CEO Ro Choy to serve as its COO.

Scribd Raises $13M More for Web Docs

Millennial Media Acquires TapMetrics

Yammer Grabs $10 Million More in Funding