Adobe Systems Incorporated (NASDAQ:ADBE) has acquired digital marketing company Efficient Frontier. The acquisition will help Adobe add multi-channel ad campaign forecasting, execution, and optimization capabilities to their Digital Marketing solutions.

BranchOut is a professional social network application for Facebook that has raised $18 million in Series B funding led by Redpoint Ventures. Accel Partners, Norwest Venture Partners, and Floodgate also participated in this round. BranchOut now has a total of $24 million in funding.

Peel is a start-up company that has raised $16.7 million in Series B funding to turn your iOS device into a universal remote. Ravi Mhatre of Lightspeed Venture Partners led this round of funding. Redpoint Ventures and other seed investors participated in this round.

SocialVibe is a Los Angeles, California based social advertising software and technology company that has raised $20 million in equity funding. This round of funding was led by Norwest Venture Partners, Redpoint Ventures, Jafco Ventures, and Pinacle Ventures. Jeff Crowe (Norwest) will be joining the company board of directors as part of the funding. SocialVibe is led by Jay Samit and they plan on using the funding for growth. SocialVibe provides technology that invites consumers to participate in offers with brands in exchange for virtual goods. [SoCalTech]

Just-Eat is a local online takeaway menu aggregator service that has raised $48 million in a second round of funding. The company plans to use the funding to expand internationally. Just-Eat says they are expecting to generate over $500 million in revenue for partner restaurants in 2011. Just-Eat is available across 10 countries and has 15,000 restaurants listed. Greylock Partners, Index Ventures, and Redpoint provided this round of investment. Just-Eat formed in Denmark in 2001 and moved to London in 2008. The company raised $17.9 million in 2009. [paidContent]

2tor is an online education website that is based in New York City. The company has raised $32 million in Series C funding led by Bessemer Venture Partners. Previous investors that participated in this round include Highland Capital, Redpoint, City Light, and Novak Biddle. 2tor has raised a total of $65 million. 2tor is pursuing the higher education market and is partnering with graduate programs. 2tor plans on providing a technology platform for higher graduate programs to offer classes online.

HomeAway.com is in talks with several banks about a $300 million IPO according to BusinessWeek sources. The banks that HomeAway is talking to include Morgan Stanley, Deutsche Bank AG, JPMorgan Chase & Co., and Goldman Sachs.

Kabam is a massively multiplayer social gaming company based in California. Kabam used to be named Watercooler and they have raised $30 million in Series C funding. The Series C was led by Redpoint Ventures and Intel Capital with participation from Canaan Partners. Kabam launched in 2006 and they plan to use the funding to expand their gaming studio. Below is the full press release: