Shopping clubs are hot: Brands4friends.de raises €10M (via TheNextWeb.com)

German shopping club Brands4Friends.de has raised a €10 million round of funding. It’s their series C, led by Partech International. Some old friends from previous rounds joined them: Mangrove Capital Partners and Holtzbrinck Ventures both chipped in. In these rough economic times, such a large boost in an e-commerce site is quite spectacular.

Yet when you read Brands4Friends’ story, the financial backing makes complete sense.

The full story here: Shopping clubs are hot: Brands4friends.de raises €10M

Also see http://www.pehub.com/24601/brands4friends-raises-e10-million/

Facebook valuation update: $15 billion?

As told by Mark Zuckerberg at the Web 2.0 Summit in San Francisco...

"The Facebook CEO basically just admitted to the much-discussed Facebook $15 billion valuation financing, telling interviewer John Battelle: “It’s going well, we’ve almost wrapped things up.”

From GigaOM: Web 2.0 Summit: Zuckerberg Admits to Deal-Making « GigaOM