Kai-Fu Lee is the former head of Google China. Lee has raised $180 million for his startup incubator company founded two years ago known as Innovation Works. Innovation Works is an early-stage accelerator company.

GigaOm reports that Amazon.com has invested in ParAccel, an analytic database company. ParAccel hasn’t released the funding total from their last round of investments, but have revealed a total of $73 million in funding since their first round in 2005. Investors include Amazon, Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners and Silicon Valley Bank. The company expects around $20 million in revenue for 2011.

Ping Identity has gained investors Triangle Peak Partners and Silicon Valley Bank, raising $21 million for their secure sign-in platforms. According to TechCrunch, the new investors join Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, SAP Ventures and Volition Capital.

Adconion is an Internet advertising network that has raised $34 million in funding from Silicon Valley Bank’s London office. Adconion’s major operations are based in Los Angeles, California and they said that the funding will go towards acquisitions and working capital requirements. Adconion is also known for acquiring Joost. [SoCalTech]

Color.com is a service that came out of nowhere this week and shocked the press. The company has developed an application for smartphones that automatically lets you share photos with the people around you. Essentially they are calling it photo sharing with an “implied social network.”

Auditude is a company that helps large websites manage online video ads. Auditude has raised $11 million in a second round of funding led by Granite Ventures with participation from Silicon Valley Bank, Redpoint Ventures, and Greylock Partners. They plan on using the new funding for expansion and looking into mobile video. Auditude also hired Jeremy Helfand, the former CEO of United Online’s media group. According to paidContent, Auditude manages “billions” of monthly video impressions. Some of their clients include Comcast, DailyMotion, Fox News, MLB, and Sony. Auditude raised $10 million two years ago from Redpoint Ventures and Greylock Partners.

Transpera is a mobile web video company that is based in Santa Monica, California.  The company is led by Frank Barbieri, former President at Viva Vision and former Group Product Manager at Microsoft.   Transpera has raised their second round of funding at $8.25 million from Flybridge Capital Partners, Intel Capital, and First Round Capital.  Transpera also received debt financing from Silicon Valley Bank.

“Transpera is demonstrating true leadership in the mobile video market by building an ever-expanding network of premium content partners and delivering innovative, game-changing advertising opportunities,” stated Jeff Bussgang general partner at Flybridge Capital Partners. “We continue to be pleased with their progress in setting a new standard within the mobile video landscape.”

Transpera will be using the money for expanding their product line and service customers.  Transpera already helps monetize video for AccuWeather, Associated Press, Break.com, Revision3, ManiaTV, Fox, MTV, etc.

Transpera has also hired Brian Monnin as Chief Product Officer.  Monnin is former VP of Publishing Products as Brightcove.