After having already received €800,000 in the form of seed investment from the HenQ fund as well as private individuals, the characteristic "marketplace for languages" - Myngle - has now secured an almost €1 million bank loan from Rabobank.

In the lately-announced early-stage 350 million Euro venture fund for Index Ventures, all the current limited partners of the London-based investing biggie re-upped their earlier investments. Index Ventures is a venture capital company, with its area of focus largely being investments in information technology and life sciences companies.

In its second round of funding, Kenshoo, the Israeli startup that automates the end-to-end process of building and running SEM - search-engine marketing - campaign, received cash infusion from Sequoia Capital and Arts Alliance, its current investor.

More start-ups, fresh ideas, and aggressive leaders - that's what the slumping economy needs to come out of its present pothole! And, Adeo Ressi, the founder of VC-rating site TheFunded, intends contributing his bit towards helping jump start the economy.

Impressed by high-profile venture capitalist Vinod Khosla, the Silicon Valley venture capital icon Pierre Lamond has decided to join Khosla Ventures. Lamond, 78, associated with the early chip company National Semiconductor, intended retiring from Sequoia, but after conversing with Khosla - involved in financing bold, scientific companies - Lamond changed his mind.

A newly-evolved technology fund, NYC Seed, aims at metamorphosing New York City into a flourishing hatchery for Internet start-up companies. From the $2 million stockpiled by the managers of the fund, each of the homegrown start-ups will be nurtured by an investment to the tune of up to $200,000. 

In its Series A funding round, the content tracking start-up Tynt has managed to raise $3.9 million for its singular product, Tracer. The round was led by iNovia Capital, and included AVAC Ltd and angel investors.

The first institutional investment round for Twilio - a dominant telephony API - has been closed. The company has refrained from disclosing the amount that it raised in the round, which was led by Founders Fund and Mitchell Kapor.

It is revival time for the ground-breaking photography magazine JPG! Ever since the bi-monthly periodical shut down on January 2 this year, there have been little doubts about its potential, more so as prospective buyers like Flickr and Smugmug entered into negotiations for its acquisition.

After having raised $1.25 million in its first funding round in August 2007, FamilyLink. com has lately raised $2.85 million in Series b funding round - indicating the fact that the ongoing recession has not hit the apparently growing social networking services.