Y Combinator alum Curebit , an online customer referral platform that leverages social media for "word-of-mouth" advertising, has just raised $1.2 million in funding. The investors include 500 Startups, Karl Jacob, Auren Hoffman, Dharmesh Shah, Gordon Tucker, Alex Lloyd of Accelerator Ventures, and others. The funding will be used for continued product development and a slight expansion to the team involving three new hires (two developers, one designer) to the company's now five-person outfit.
Wisdio , a social QA site like Quora, has decided to up the social QA ante by adding something they're calling WAR - Wisdio Authority Ratings. These ratings allow folks to recieve answers from authorities on their subject of choice, thereby reducing the number of incorrect answers and, one would hope, increasing the utility of the site. Founded by Sebastian Zontek, Wisdio aims to help "find the right people to answer questions quickly and reliably," not unlike many of its competitors. However, the WAR score offers a one-stop shop for folks trying to figure out who to trust and, one would assume, listen to. For example, I can say I'm an expert in Social Media (which I am. I have LOTS of followers on Orkut) but in order to increase my score I need to answer questions about social media. This prevents gadflies from answering questions willy nilly and reduces useless responses.
Olery , an Amsterdam-based startup that offers reputation management and media monitoring tools for the leisure industry, has raised 750,000 euros ($1 million) to boost its international expansion and develop new products. Founded in 2010, Olery offers simple online brand, reputation management and performance benchmarking tools for hotels that help turn online reviews and social media feedback into actionable business intelligence. Read more at TechCrunch Europe .
Startup America's  Master Challenge showdown is now underway. This fun, friendly competition pits influential tech groups against each other, to see which one can encourage more startups to join the Startup America Partnership. The winning group gets bragging rights, of course, and will be recognized at upcoming events, like Startup America's Anniversary and at SXSW. Past challenges included East vs. West and Feld vs. TechStars, for example. This week's competition, which kicked off just this morning, is between Tech Cocktail and Startup Weekend .
Exclusive - On a mission to democratize e-commerce and help take the concept of social shopping from fad to reality, Shoply is making its formal debut today after a year of bootstrapping. The bootstrapping days are over now, as Shoply has raised an undisclosed amount of seed financing from former Facebook VP Chamath Palihapitiya and serial entrepreneur / prolific angel investor Fabrice Grinda for its "Fab.com and Pinterest love child".
With the rise of numerous accelerator programs in Europe one cannot help but wonder whether jumping through the application process hoops, sweating through the mentoring sessions and flirting with investors at demo days are all worth a founders’ time. When I attended the recent Startup Sauna demo day in Helsinki in December 2011, I met teams not only from Finland but also from Russia, Poland and the Baltic Rim. I was amazed how young many of the participating entrepreneurs were. So when the performance stats from Startup Sauna hit my mailbox I was curious to learn what actually happens to all those startups after they complete the seven-weeks-long coaching program in the startup co-working space Aalto Venture Garage .
VC firm Highland Capital Partners is sounding the horn for their fifth annual "Summer@Highland" entrepreneurship program. The 10-week program aims to provide young, talented entrepreneurs with the environment and resources they need to kickstart their early-stage technology companies.
Forgive me if you've seen this on Boing Boing yesterday already, but I'm always looking for interesting startups in the digital music space, and I think The Sound Supply 's idea is, well, sound. Basically, The Sound Supply bundles 10 DRM-free digital music albums and lets you buy the lot online for a mere $15. According to the website, all participating bands and artists - including the wonderful Sophie Madeleine and Colour Revolt - agreed to collectively share their music this way.
Finding the right cofounder is often the hardest part of doing a startup, as most anyone with experience will tell you. As a personal example: the cofounder of my first company,  Phil Kast , was an old high school buddy employed as a whitewater rafting guide in Colorado when we started talking about working together. He happened to be hitting the off-season right when I was trying to get started -- and everything went from there . FounderDating has been working to solve the cofounder connection problem by running regular meetups in San Francisco and Seattle. Today, it's expanding on the effort by launching a web site that screens then connects those looking for colleagues, and by announcing meetups in new cities including New York, then Boston and Los Angeles.
It looks like publishers and advertisers are warming to mobile ad startup Moolah Media . The company says that in 2011, it generated 7 million leads for its advertisers — and 1.9 million of those leads (27 percent of the year's total) came in December. Also in December, Moolah says its ads reached 45 million Americans. And interest in the company is growing — Moolah projects that traffic to its website will triple this month, as pictured in the chart above.

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