Luvocracy Raises $11 Million

Luvocracy is a social shopping service that has a similar user interface as Pinterest.  Luvocracy allows users to buy products recommended by friends.  The company has raised $11 million in funding from Kleiner Perkins, Google Ventures, Marissa Mayer, Ali Pincus, Jim Lanzone, Tony Robbins, CrunchFund, RPM Ventures and XG Ventures.  Bing Gordon of Kleiner Perkins is joining the Luvocracy board of directors.  Luvocracy was co-founded by Nathan Stoll and Roger Barnett.

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Salesforce.com Acquires Pinterest-Like Website Clipboard

Salesforce.com has acquired Clipboard, a website that is similar to Pinterest.  Clipboard’s founders said that they will be shutting down the website on June 30th.  Existing users will be able to download their data into a personal archive that lets you view your clips and boards offline.

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REPORT: Google Acquires Wavii For Over $30 Million

Google has acquired Wavii, a company that has developed a natural language processing app used for creating status updates for your favorite politicians, gadgets, and celebrities.  The value of the transaction is rumored to be at over $30 million, according to TechCrunch.  Apparently Apple outbid Google for the acquisition of Wavii.
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Plain Vanilla Raises $2.4 Million

Based in Reykjavik, Iceland, Plain Vanilla is the developer of QuizUp, the world’s first real-time social trivia platform for mobile devices.  Plain Vanilla has raised $2.4 million in Series A funding led by Greycroft Partners, Tencent, IDG Ventures, BOLDStart Ventures, Crunchfund, Mesa Global, Brandon Beck (Riot Games CEO), and David Helgason (Unity CEO) .

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Y Combinator Company Crowdtilt Raises $12 Million

Crowdtilt is a crowdfunding company that spun out from Y Combinator.  Crowdtilt has raised $12 million in Series A funding from Sean Parker, Andreessen Horowitz, CrunchFund, DCM, and Felicis Ventures.  Before this round, Crowdtilt raised $2.1 million in seed funding this past May from SV Angel, CrunchFund, Paul Buchheit, Alexis Ohanian, Harj Taggar, Garry Tan, DCM, and Felicis Ventures.
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Dropbox Acquires Mailbox

Dropbox has bought Mailbox, a popular e-mail application for iOS.  Mailbox will remain a separate application, but the application’s developers and team will be joining Dropbox.  CEO Drew Houston said Dropbox “could help Mailbox reach a much different audience much faster.”  Mailbox’s technology will be used to improve Dropbox’s features like the ability to handle e-mail attachments.

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Online Classroom Company CreativeLIVE Raises Around $8 Million

CreativeLIVE is an online classroom company that has raised $8 million in Series A funding from Creative Artists Agency (CAA), William Morris Endeavor (WME), CrunchFund, and Google Ventures.  Existing investor Greylock Partners also participated in this round.  James Slavet of Greylock joined the board of directors at the company.

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