Movieclips.com is an online movie clips search engine website that launched in 2009. It has over 20,000 different clips across libraries from 20th Century Fox, MGM, Paramount, Sony Pictures, Warner Bros. Pictures, and Universal Pictures. Miniclips has raised $7 million in funding led by MK Capital. Shasta Ventures, First Round Capital, Richmond Park Partners, Jeff Clavier, Naval Ravikant, Jeff Kearl, Tom McInerney, Allen DeBevoise and Gordon Rubenstein also participated in this round.

Just in case you were wondering what the co-founders of MyBlogLog are up to, Eric Marcoullier and Todd Sampson have started a new website called OneTrueFan. OneTrueFan is known as the “Foursquare of websites.” OneTrueFan lets you earn badges for checking into and interacting with different websites. The website has a game format for visitirs that lets you see who is reading content from within websites.

Topguest is a mobile check-in loyalty service that was founded five months ago. The service has raised $2 million in Series A funding and has added Peter Thiel as an advisor. The investors in this round of funding include Founders Fund, Ron Conway, Keith Rabois, Jeff Clavier, and Naval Ravikant. Topguest is also exiting beta today.

Movieclips.com has raised $3 million in Series A from Shasta Ventures, First Round Capital, and several angel investors. MovieClips.com stores popular clips from movies launched a new service called Movieclips Mashups. Movieclips Mashups lets you create a montage of two minute movie clips.

AOL, Inc. (NYSE:AOL) has bought Thing Labs. Thing Labs developed the social media reader service Brizzly. Thing Labs head Jason Shellen will run AOL Lifestream, AIM, and Brizzly. He will be reporting to Brad Garlinghouse.

Disney has acquired Tapulous. Tapulous is the company behind the Tap Tap Revenge game series founded by Bart Decrem. Decrem and COO Andrew Lacy will join Disney as VPs. Tapulous raised a total of $1.8 million from angel investors Marc Benioff, Jeff Clavier, Andy Bechtolsheim, and the late Rajeev Motwani. It is likely that Tapulous will be rolled into Disney Interactive Studios, the subsidiary that creates Disney games for Xbox, the PS3, etc. [TechCrunch]

Wildfire is a social media marketing platform company that is known for building viral campaigns. The company has raised $4 million in Series A funding from Summit Partners, Jeff Clavier, Aydin Senkut, and Gary Vaynerchuk. Wildfire’s platform lets marketers created contests, coupons, quizzes, virtual gifts, etc. Marketers can simultaneously publish these on Facebook and Twitter. Wildfire is a fbFund company. The company went profitable within one month of launching. [TechCrunch]

URL shortening service Bit.ly has been growing at an aggressive rate as they have become the default for Twitter. Given their current growth rate, the company needed another injection of cash as they have raised $1.5 million from previous investors. These investors include Betaworks, SoftTech (Jeff Clavier), Ron Conway, Mitch Kapor, Chris Sacca, O’Reilly AlphaTech Ventures, and Howard Lindzon. The funding was added to an SEC filing and TechCrunch confirmed the round with Bit.ly President John Borthwick. The $1.5 million round was set up as a convertible debt note. Bit.ly received 2.7 billion clicks last month. last week alone about 744 million Bit.ly links were clicked on. [TechCrunch]