App.net Reaches Funding Goal

Carrier billing platform-maker Payvia has acquired Los Angeles-based mobile marketing startup Mogreet. Pauvia has 120 million clients and processed more than $2 billion in payments in its lifetime. Mogreet had raised $14 million in three rounds of venture financing. Terms of the deal were not disclosed. [Source: PayVia]

Hulu, which had been talked about as an acquisition target for Yahoo, has received acquisition interest from DirecTV as well, reports the Wall Street Journal. [Source: WSJ]

Websense, which makes security software, has agreed to go private with the help of private equity firm Vista Equity Partners for around $1 billion. [Source: Wall Street Journal] 

FusionStorm Global, an enterprise IT company focused on public sector customers, withdrew plans for a $175 million IPO, which it filed for in late 2011. [Source: Renaissance Capital]

Zyme Solutions, which provides channel data tools, raised $5 million from Susquehanna Growth Equity. The company offers managed services for multi-tier channel visibility, which integrate Salesforce.com, SAP and Oracle. [Source: Zyme Solutions]

Pinterest has taken its first step toward monetizing by making pins more “actionable,” the social network said. The company introduced new types of pins, one for recipes, one for movies, and one which makes it easier for users to click through and buy items they see on Pinterest. The retail product pin resembles a feature that has become popular on other “social shopping” sites like Fab, Opensky and Wanelo. [Source: GigaOm]

Online food delivery company GrubHub has merged with its competitor Seamless. The companies, which processed a combined $875 million in sales (which they take a cut of for facilitating), have not decided which of its brands will live on. Seattle-based GrubHub has 350 employees. Seamless in New York has 300. [Source: Bloomberg]

After leaving Cisco in April Joe McCool has joined the team at Firetide, a mesh networking technology provider. McCool has become the president and chief executive. [Source: The Wall Street Journal]

According to an Asymco analyst, Apple’s revenue per visitor in its Apple Store hit a new record this Q1. In addition, visitors to the Apple Store rose by 7%. [Source: CNET]

Pinterest has announced that pinning an item will now provide some more information to users. Information includes prices, availability, cook time, etc. [Source: AllThingsD]

Data analytics platform provider Alteryx has raised $12 million of additional funding. This brings its total funding now to $18 million. [Source: TechCrunch]

Yahoo has confirmed its acquisition of Tumblr for $1.1 billion, promising “not to screw it up” by allowing the company to operate as a separate business led by David Karp. The deal is said to grow Yahoo’s audience by 50 percent, and its monthly traffic by over 20 percent, allowing it (or its portfolio, anyway) to reach over 1 billion people each month.

[Source: Yahoo]

YouTube has announced on its eighth birthday that over 100 hours — more than four days — of video are uploaded to its servers every minute. The company announced in March that it has more than 1 billion monthly active users, putting it in the same category as its Google (its parent company) and Facebook.

[Source: YouTube]

Yahoo’s board of directors has approved the acquisition of the Tumblr microblogging service for $1.1 billion, AllThingsD reports. The decision is said to have been unanimous, with no competing bids for Tumblr.

[Source: AllThingsD]

Yahoo Japan suspects that some 22 million user IDs have been leaked, Reuters reports. The associated accounts have not been otherwise compromised — passwords and information that might be used to reset them are said to be safe — and Yahoo Japan is said to have prevented someone from accessing its administrative system.

[Source: Reuters]

Autodesk has acquired Tinkercad, a startup that makes CAD files editable and ready for 3D printing for an undisclosed sum. Tinkercad’s technology and website will transfer to Autodesk, and the service’s free option has been “supercharged” to offer more functionality.

[Source: Tinkercad]

Valve engineers fired from the company in February have continued work on “CastAR,” a wearable augmented reality device that was cancelled at the same time, the Verge reports. The device is currently at an early stage; it will likely seek funding on Kickstarter in the future, according to the report.

[Source: The Verge]