PubNub, which provides real-time messaging to web and mobile apps, just raised a $4.5 million Series A round of financing led by new fund Relay Ventures and Silicon Valley’s TiE Angels. The funding comes after PubNub recently processed more than 100,000 messages per second. Read more »
Social TV startup Loyalize has been acquired by Function(x), the company behind Viggle. According to former Loyalize CEO Todd Greene, the product will remain a white-label platform for networks and content providers to build their own apps to increase engagement with TV programming. Read more »
