TECHCRUNCH — Making buzz happen online is an elusive enterprise, but BuzzFeed is making a business around it. The New York City startup just raised an $8 million series B financing, led by RRE Ventures. Ron Conway (via SV Angel) and Chris Dixon (via Founder Collective) also invested. BuzzFeed previously raised a $3.5 million series A in 2008 from Hearst and Softbank. BuzzFeed founder Jonah Peretti was one of the original founding partners of the Huffington Post. Ken Lerer is the chairman of both companies, and also an investor in BuzzFeed. Peretti moved on to BuzzFeed, which tracks and promotes viral video, articles, and other content across the Web...

INSIDE FACEBOOK — LivingSocial raised another $14 million this week, fresh after a round of $25 million fundraising last month, and a spokeswoman tells us the infusion will help it to continue to expand its Deals service — currently a primary revenue source for the company. Deals has been made popular in a big way by Facebook users. Through implementing the new Facebook plugins, the company hopes to grow even more. LivingSocial Deals is a free service launched last summer inviting people to buy deals on restaurants, hotels, sporting events and spas in their areas via Facebook Connect, an iPhone app or their web site. Here’s how it works...

THE SOCIAL TIMES — Wildfire, one of the leading Facebook marketing platforms, announced today that the company received $4 million in funding led by Summit Partners and a number of well known angel investors including Jeff Clavier, Aydin Senkut, and Gary Vaynerchuk. We’ve covered the Wildfire extensively on a number of occasions as the company provides one of the most robust Facebook Page customization solutions available...

TECHCRUNCH — Spredfast, recently a finalist in the Microsoft BizSpark Accelerator at SXSW, has raised $1.6 million in funding from Austin Ventures. This marks the first financing secured by the startup, which markets a social media management platform for businesses. Spredfast enables companies to manage social media campaigns and customer acquisition initiatives through one dashboard, across multiple platforms...

TECHCRUNCH — Quirky, a social network for product development, has raised $6 million in Series A funding
 led by RRE Ventures, with Village Ventures, Contour Venture Partners, Lowercase Capital and a small group of angel investors participating in the round. Prior to the closing of this round, Quirky had raised $1.6 million in seed capital from friends and family. As we reported in our initial review of the site, Quirky is a platform for product ideas that are born on napkin doodles and in other unorthodox ways...