Tumblr has raised a round of funding that was higher than $25 and $30 million. This puts the company at a valuation that is close to $140 million. Tumblr had raised $4.4 million in 2008 and $5 million earlier this year as well. Tumblr currently runs without advertisements on the site and they seem to be making money through virtual goods like stickers and premium themes. Rumor has it that Tumblr told potential investors to look at their “hockeystick” growth as a pitch. [AllThingsD]

People sometimes react positively when the face of the founder of a company is prominently displayed on their website. In this case, it worked well for Wikipedia. In an effort to raise $16 million for keeping Wikipedia ad free, the company wanted to double the amount they asked for last year.

Gnip is a social media monitoring company that offers analytics about how readers are responding to your brand on Twitter, Facebook, Google Buzz, etc. Gnip gained some extra attention because they became the first company authorized to sell Twitter data.

Fabricly is a company that was incubated at Y-Combinator that has raised an additional $400,000 round of seed funding from Atomico Ventures. The idea behind Fabricly is to crowdsource fashion designs and have customers determine whether specific clothing gets manufactured.

The Palm Pre 2 mobile device is now on sale through HP for a cost of $450 unlocked. The device is expected to ship within 24 hours. And if you are a dedicated webOS software developer, you can buy the device for $200 less. [Engadget]

HistoryEraser is an Android application that can clean your call logs, contacts, browser history, and other data that you want. HistoryEraser shows you five buttons that open up sub-menus. When you click the button, you are asked whether you want to scrub away data on that application. HistoryEraser is currently available as a free download on the Android Market. [Lifehacker]

Plastic Jungle is an online marketplace for gift cards. The company has announced that they have raised $10 million in funding led by Jafco Ventures. Other investors include Redpoint Ventures, Shasta Ventures, First Round Capital, and Bay Partners. This brings their total funding to $23 million.

Software and consulting company Ariba, Inc. (NASDAQ:ARBA) has announced that they have acquired Quadrem. Quadrem is a private company that sells supply management software.