Michael Arrington’s controversial CrunchFund got the most press in Q3, but it didn’t break into the top five largest first-time VC funds raised during the period. In what was a weak quarter for overall VC fundraising, CrunchFund was one of 19 newbie that funds raised a combined $300 million, the lowest quarterly amount raised since [...]

Listed online professional networking site LinkedIn will acquire IndexTank, the hosted search engine service. IndexTank CEO Diego Basch confirmed the news on the company’s blog. Specifics of the deal were not publicized. Backers include Freestyle Capital and Patagonia Ventures.

Typekit, the subscription service for font types, has been acquired by listed strategic tech conglomerate Adobe. Specifics of the deal were not publicized. Investors in Typekit include True Ventures, Evan Williams, Freestyle Capital and Chris Sacca.

Twitter has acquired the analytics platform company BackType. The terms of the deal were not disclosed. BackType has raised $1.32 million in funding since its 2008 founding, including from Y Combinator, True Ventures, K9 Ventures, and Freestyle Capital. BackType was formed to help brands and ad agencies, including AOL, Edelman, and Microsoft, better understand social [...]

Josh Felser and Dave Samuel –  a team of entrepreneurs who’ve founded and sold two startups for hundreds of millions of dollars –  are getting into the early-stage venture capital business, and they’ve established some nontraditional objectives toward that end. “Ideally, we’re looking to invest in startups that raise less than $5 million from investors, [...]