In its Series A funding round led by August Capital, Virsto Software, a trendsetter in storage solutions for virtual servers, has secured $7 million. The round also included investment by Canaan Partners, which was a seed investor in Virsto in 2008.

The prominent later-stage growth company investor ABS Capital Partners, which focuses chiefly on four growth sectors, namely business services, healthcare, media and communications, and software, has closed a $420 million ABS VI – its sixth fund.

A $2 million Series A funding round, led by the Silicon Valley-based early stage investor True Ventures and other private investors, has been closed by the next-gen enterprise IT automation provider - the Portland, Orlando-based Reductive Labs.

A $2 million Series A funding round has been secured by the New York City-based social media payment platform oneTXT. The round led by Metamorphic Ventures, saw contributions from KPG Ventures, New York Angels Fund, and individual angel investors, including David Hirsch, Geoffrey Judge, Roger Ehrenberg, Mark Michel.

In a Series A funding round by Redpoint Ventures, with Novak Biddle Venture Partners and City Light Capital as co-investors, 2tor - the startup that associates with universities to develop, administer, and market ingenious and high-quality online degree programs - has raised $10 million.

YCD Multimedia, the globally-operating provider of in-store digital media solutions, for maximization of retailer sales and profitability, has secured $12 million in its latest investment round, with Pitango Venture Capital and Arts Alliance Digital Ventures being leading investors.

Motorola Ventures, Motorola's strategic venture capital arm, made an investment in Zephyr Technology Corporation, a global leader in Remote Physiological Monitoring industry.

According to VentureWire reports, the San Jose, California-based InSync Software - the provider of collaborative supply chain software applications for tracking assets-on-the-move - has secured a large part of the expected $4.7 million second round of funding.

In an addition to its $11 million Series B funding round in May, the DNA-decoding startup 23andMe has now secured another $2.6 million from Google! With the recent contribution from Google, the company has raised $13.6 million, out of the total $24.26 million it intends raising in this round.

The San Mateo, California-based sprightly enterprise video platform Veodia, which boosts day after day communication, has broadened its appeal by acquiring one of the best web-based 'screen recording' service - ScreenToaster.