Most people in the VC community feel the wave of funding for Social Networking sites has passed, but two sites targeted at the teen market just raised some good sized VC money.  

MyYearbook – a social network designed to connect teen users with their friends recently received $13 million in funding by Northwest Venture Partners to build out their membership platform (July 30th)

WePlay – yesterday (8/5) announced an $8.6 million dollar round, partially backed by Derek Jeter, Lebron James and Peyton Manning, to build out a sports social network aimed at connecting kids who play sports

Ernst & Young just released a report saying Q2 cleantech investments are up 41% - the highest quarter on record and totaled close to $1 billon.   Solar energy was the biggest subsector.

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These two stories were pitched and voted up here on the portal.  The full write ups are below.

http://www.fastcompany.com/blog/francisco-dao/fast-company-buzz/setting-you-free-less-transparency

http://thesmartshow.blip.tv/make-sure-you-get-your-birthday-freebies/

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I will start giving some bonus coverage to companies here in the portal blog so make sure you check the latest announcements.

http://www.intelliject.com/ is the second pitch to get voted for coverage by community votes.

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