TECHCRUNCH — PowerReviews, a company that provides customer review technology for retailers and e-commerce sites, has raised $6.1 million in funding led by current investors Menlo Ventures and Tenaya Capital. This brings the company’s total funding to over $30 million. The additional funding will be used fuel customer acquisition and for new product development...

TECHCRUNCH — Recommendation engine Hunch confirms that they’ve raised a new round of financing – $12 million – led by Khosla Ventures. Partner Gideon Yu, who joined Khosla Ventures last year, was previously the CFO of Facebook. He is now joining Hunch’s board of directors as part of the deal. Hunch was valued at $52 million in the round...

VENTUREBEAT — Hardly a week goes by where we don’t receive a company pitch from a hopeful startup trying to crash the group deals scene. And for good reason, since venture capital firms seem happy to throw cash at well-executed takes on the business model. LivingSocial is the latest to score a large amount of funding. It raised $25 million in a round led by U.S. Venture Partners, with Grotech Ventures and Steve Case’s Revolution, LLC. That’s fresh on top of a $5 million round announced only two months ago and all of Living Social’s existing investors made sure they got in on this round too...

LOUIS GRAY.COM — Thing Labs, the parent company of Brizzly, one of the more innovative Twitter Web clients out there, unveiled a slew of announcements this morning, with the acquisition of popular iPhone application Birdfeed and WikiRank, a visualization Web app based on Wikipedia data. The acquisitions will help fuel the launch of Brizzly's first branded iPhone application, and a new Brizzly Guide, which extends the trend explanations core to Brizzly since the product debuted with permanent definitions, accessible even after a topic stops trending...

TECHCRUNCH — Email marketing software giant ExactTarget has agreed to acquired CoTweet, a young company that offers a tool that enables multiple people to communicate on Twitter through corporate accounts. CoTweet will continue to operate from San Francisco as a business unit of ExactTarget, essentially taking charge of the company’s social media product development...