FirstRain , a service that scrapes the web to deliver relevant research to investors, has brought in $7.3 million of an anticipated $8.8 million round of equity, according to a filing with the SEC . Based in San Mateo, Calif., the company has raised $20.9 million to date and is backed by Oak Investment Partners , DiamondHead Ventures and Ampersand Ventures .
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FirstRain collects $7.3M to serve up investment research
TellaPal , a new social network and recommendation engine in one, has raised $1.6 million of a targeted $5 million round of equity, according to a filing with the SEC . Based in San Francisco, the startup allows users to write recommendations for products or services, and then share their comments virally via instant message, e-mail, blogs and social networking sites (like Facebook, hi5, MaySpace) all at once. TellaPal allows users to include special offers with their recommendations, so their personal networks can benefit from the service
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TellaPal banks $1.6M to combine social networking and viral marketing
Citysearch , a directory of local stores and services, today announced a strategic partnership and investment in OrangeSoda , an online search marketing service, to offer customers a more complete local online advertising service called CityGrid Complete.

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Citysearch partners with OrangeSoda for online local advertising
Posterous , a company that wants to make it super-easy for anyone to publish their own blog, has raised $4.4 million in its first round of institutional funding.

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Simple blogging startup Posterous raises $4.4M
Google announced today that it’s acquiring DocVerse , a startup that helps users collaborate in Microsoft Office. This confirms a report from TechCrunch back in December that acquisition talks for a deal were underway with a price of $25 million.

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Google acquires DocVerse to help Docs work with Microsoft
When Google announced last month that it’s acquiring mobile email startup reMail , it seemed like good news for founder Gabor Cselle and investors like Paul Buchheit — but not for users of the reMail iPhone app, which was removed from the App Store (although you could still use reMail if you had already downloaded it). Today, Cselle said reMail isn’t being thrown away completely

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Mobile email app reMail (sort of) lives on as open source code
MySpace co-founder Chris DeWolfe has re-emerged almost a year after leaving the chief executive post at the social network .

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MySpace co-founder DeWolfe moves into social gaming with MindJolt acquisition
Online games provider Playdom , one of the big three social gaming publishers, has acquired Facebook game developer Offbeat Creations .

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Playdom eyes a bigger Facebook presence by acquiring Offbeat Games