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<title>Betaworks Studio LLC Secures $20,000,000 New Financing</title>
<description>The company builds &quot;light&quot; Web applications.</description>
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<title>Chomp Lands $2,000,000 New Financing Round</title>
<description>Chomp Connect is a simple class that lets app developers prompt their users to review their app on Chomp&amp;mdash;all within one click without leaving their app. Developers get to:</description>
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<title>Lucid Imagination Obtains $10,000,000 Series B Funding Round</title>
<description>Lucid ImaginationTM delivers support and services for the open source Apache Lucene search library and Apache Solr search server. We provide support contracts, training, consulting and value-add software.</description>
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<title>LivingSocial.com Secures $25,000,000 New Financing</title>
<description>LivingSocial.com is a social discovery and cataloging network that allows people to review and share their favorite movies, books, games, music, restaurants and beer.</description>
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<title>MATRIXX Software Garners $9,000,000 Series B Funding Round</title>
<description>MATRIXX Software was formed to develop solutions that help Service Providers (SPs) address the growing volume and complexity of services that require online charging. Data and media services are exploding, yet revenue per transaction and ARPUs are declining. This means that SPs must process more and more usage for every dollar of revenue earned. They must also carefully manage costs to deal with shrinking margins. While we recognize there are many online charging solutions, both IN- and IT-based, we see a significant gap between what current solutions deliver and what SPs need to achieve service and payment method convergence and realize the revenues and costs savings promised through NGN transformation.</description>
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