Round the Clock Acquisitions 16 October 2007

October 16th, 2007 at 12:00 am

Well, I guess today isn’t much of a buy-a-company-day but mostly a day for startups to acquire funding from VC’s and other investors. Here’s the round-up mostly from the PEHub feed.

Smalltown , a San Francisco-based user-generated content site for local communities, has acquired Local2Me , an online community for Bay Area residents. No financial terms were disclosed. Smalltown last year raised in Series A funding from Formative Ventures.

Redwood City, Calif.-based provider of online video and advertising solutions YuMe , has raised $9 million in Series B funding. DAG Ventures was joined by return backers Accel Partners, BV Capital and Khosla Ventures.

Leads360 Inc ., a Los Angeles-based provider of on-demand customer acquisition and lead management solutions, has raised $3.25 million in Series A funding from Rustic Canyon Partners.

Penguin Computing , a San Francisco-based provider of Linux cluster virtualization, has raised just over $3.11 million in Series C funding, according to a regulatory filing. Shareholders include vSpring Capital, San Francisco Equity Partners, Weber Capital and Convergence Partners.

I guess it would be unfair if we didn’t include updates from TechCrunch and Mashable.

Fix8 – a Sherman Oaks based online video animation company has raised $3 million in a round lead by Vickers Financial Group.

Sequoia Capital recently provided $4 million in funding to Tokbox – a new startup providing real-time web chats via a browser. Sequoia joins an already impressive collection of investors including founding members of YouTube, Bebo, and Netscape along with execs from Slide, PayPal and Cisco. This investor network alone will likely propel the startup to partnerships and acquisition discussions.