TreeRing Secures Backing from Angel Funder and Others

TreeRing, a social yearbook company, has closed a $3.6 million investment led by angel funder Mike McCue (CEO of Flipboard), Second Ave Partners and Cedar Grove Investments. Several angel investors also participated in the round including the Expedia and Zillow Founder, Rich Barton.

Oracle Buys GoAhead

Oracle is buying GoAhead, a maker of packaged service availability software for the communications industry. GoAhead has reportedly raised more than $40 million in venture capital from investors including Columbia Capital, Cedar Grove Investments, Intel Capital and Voyager Capital. Terms of the acquisition were not released. The deal is expected to close before the end of the year.

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