Sarah Lacy is the author of “Once You’re Lucky, Twice You’re Good” and a columnist at BusinessWeek. Michael Arrington hired her to write for TechCrunch.com, but she quit shortly after the technology blog was acquired by AOL. Today it was announced that Lacy has started a new website called PandoDaily and it is backed with $2.5 million in funding. PandoDaily is a daily technology news blog and it will focus on the startup community. The website name was inspired by a colony of trees in Utah called Pando Trees.

Kakai is a stealth company that was started by Chegg founder Osman Rashid and Babur Habib.  Interestingly Kakai is still in stealth and raised a Series B round of funding already.  The second round is $7.5 million and the investors include venture capital firm Andreessen Horowitz, Josh Kopelman, and Ron Conway. Marc Andreessen is joining Kakai’s board of directors as a result of the funding.

Kakai’s previously raised $1.85 million in Series A from Osman Rashid and Mike Maples.  Rumor has it that Kakai has something to do with electronic readers.  The portable consumer electronics products made by Kakai will be Linux-based.  Kakai currently has about 40 employees. Rashid’s other company Chegg.com has about $144 million in funding and was started in 2005.