BuzzFeed is one of my most favorite time-pass websites because they have interesting galleries and lists of pop culture. BuzzFeed has raised $15.5 million in Series C funding led by New Enterprise Associates. Other investors that participated include Lerer Ventures, Hearst Media, SoftBank, and RRE Capital. NEA General Partner Patrick Kerins will be joining the BuzzFeed board of directors. Ken Lerer, the Huffington Post co-founder and BuzzFeed board member, will become the BuzzFeed executive chairman.

Yesterday Groupon Inc. (NASDAQ:GRPN) had an initial public offering. The company set their stock price at $20 and yesterday it closed at $26.11. The company was given a valuation of over $17 billion. BusinessInsider.com has compiled a list of how much the executives and investors made from the IPO. Below is the list:

Cloud storage company Box.net has raised $81 million in Series D funding from Salesforce.com, SAP Ventures, Bessemer Venture Partners, New Enterprise Associates, Andreessen Horowitz, and Draper Fisher Jurvetson. Box.net has now raised a total of $162 million. This puts Box.net’s valuation at over $600 million.

Corporate social media management company Hearsay Social has raised $18 million. The company launched this past February. Hearsay provides franchise companies and businesses with local chapters the ability to monitor social media across the whole organization.

Game streaming startup company Gaikai has raised $30 million in a third round of funding. Games are stored in the cloud and is delivered through high-speed Internet connections when on demand.

Dell Inc. (NASDAQ:DELL) is acquiring Force10 Networks Inc. for $700 million in cash. Force10 is a high-speed Ethernet networking equipment company that was planning to go the IPO route.

MemSQL has raised $2.1 million in seed funding from First Round Capital, New Enterprise Associates, Start Fund, SV Angel, Y Combinator, Ashton Kutcher, Paul Bucheit, Sam Altman, Guy Oseary, and several others. MemSQL will be using the funding to move into a new office in downtown San Francisco. MemSQL is an in-memory database system that is 30 times faster than relational databases. MemSQL focuses on online transaction processing.

The Blue Jeans Network is more than a videoconferencing platform, it aims to be the platform on which all other video conferencing platforms sit, the platform that integrates all others. Unsurprisingly, the startup has raised $23.5 million for their venture. Investors include Accel Partners, New Enterprise Associates and Northwest Venture Partners. As TechCrunch notes, the draw of Blue Jeans is that it works in the cloud and doesn’t require users to buy or download any software.