Ribbit Capital Raises $100 Million With the Goal of Modernizing Money

Ribbit Capital’s motto is, “It takes money to change money.”
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Enterprise Is So Hot Right Now: Zendesk Raises $60M for Customer Service (Video)

Zendesk, the online customer service platform, has raised $60 million in Series D funding.
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Now Old Media Wants in on Facebook Marketing, Too: Conde Nast Parent Advance Invests Takes a Flier on Unified

The enterprise guys are spending big money to buy social marketing companies. Here’s a much more modest bet from a traditional ad player.
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SugarCRM Raises $33 Million in Round Led by NEA

The company that positions itself as an alternative to Salesforce.com saw its sales grow by 67 percent last year.
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Median Angel Round Was $700K in 2011, Up From $500K in 2010

The early-stage funding frenzy seems to be a real phenomenon, with the numbers to prove it. The median angel round for American start-ups grew 40 percent last year, to $700,000 from $500,000.
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TrueCar Fuels Up With $200 Million in Funding and Two Acquisitions

TrueCar, a Kelley Blue Book competitor that also sells cars online, has raised $200 million in debt and equity following the announcement of two major acquisitions.
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iPhone Video App Collabracam Makes a Case for Co-Creation

The only thing newly social about media right now is the ability to share it instantly. Now, the iPhone app Collabracam allows a team of users to collaborate on creating live video the way TV studios do it. Will it be opening the door to a new kind of really social media?
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Video: With $41M in Hand, Color Offers New Proximity-Based Social Network

Bill Nguyen, the serial entrepreneur who most recently sold Lala to Apple for around $80 million, is today launching Color, a proximity-based social network with no privacy settings.