Heroku, a San Francisco-based provider of Ruby on Rails application tools, raised a $3 million round of funding, from Redpoint Ventures and some other investors. This investment will allow them to beef up their current offerings, expand into other parts of the development process, and build out the company to support their quickly growing developer community.

Heroku provides a full stack platform. No decisions necessary, just get straight to coding your app. Heroku is built on Amazon’s Elastic Compute Cloud (EC2), so your apps have access to unlimited computing power. When you create or import an app with Heroku, it’s already live on the web. No configuration or deployment necessary. With a full Ruby and Rails runtime environment, you can run any Ruby code you can write, no limits. Install any gem or plugin directly into your app with one click. Pull from the standard gem and plugin directories, or upload your own. Read More »

Popularity: 14%

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GodTube, one of the fast growing Christian online video sharing and social networking sites, has received a big $30 million funding round from hedge fund GLG Partners, according to paidContent.org. The valuation for this round was around $150 million. It has previously raised about $2.5 million from private investors, including Norm Miller of Interstate Batteries.

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Popularity: 16%

IdeaCrossing’s mission is to create the connections that build businesses. They do this by helping Entrepreneurs find the assistance and investment capital they need to launch promising new business ventures, while simultaneously serving the Angel and Venture Capital Community by identifying and screening new investment opportunities. IdeaCrossing also provides greater visibility to the numerous assets located throughout a given region, including universities, economic development organizations, chambers of commerce, foundations, and professional service providers.

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Popularity: 17%

Docstoc.com, the premier online community to find and share professional documents, has secured a series B round of financing for $3.25 million. The deal was led by Rustic Canyon Partners based in Santa Monica, California.

The company previously raised a Series A round from a group of angel investors including Scott Walchek (investor in Baidu), Matt Coffin (founder and CEO of lowermybills.com) Brett Brewer (co-founder of intermix/MySpace), Robin Richards (co-founding president of MP3.com), and Crosscut Ventures.

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Popularity: 16%

Silverpop, a leading provider of on-demand marketing technology, has closed a $15 million round of funding. The funds are earmarked for international expansion, R&D acceleration and to fund additional acquisitions to round out the company’s on-demand marketing suite. The D.E. Shaw group’s venture capital unit, a new investor, led the round along with existing investor Draper Fisher Jurvetson and others. Silverpop is the only company that has consistently been named by JupiterResearch as one of the top two enterprise oriented email service providers each of the last four years.

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Popularity: 21%

MediaScrape, a Montreal-based video news aggregator, has raised $3.2 million in VC funding from an undisclosed investor. The company referred to the round as its second, but TechCrunch notes that earlier coverage indicates that it’s actually MediaScrape’s fourth time at the funding trough.

MediaScrape is a world leading broadcaster of global, multi-lingual breaking news video.Their partners include BBC News; CBC News; Asia News International and thirty other leading news broadcasters around the world.

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Collective Intellect, the leading social media analytics company helping businesses track, understand and use social media, today closed its second round of institutional funding by raising $6.6 million from venture capital firms led by Grotech Capital Group and including existing investors Appian Ventures and Croghan Investments and new investor Crawley Hatfield Capital, LP.

Proceeds from the investment will be used to dramatically expand Collective Intellect’s marketing and sales initiatives, leading to expanded distribution of its monitoring services and analytics-based content, as well as broader application of the company’s insights in social media campaigns. This round of funding follows the $2.6 million infusion that Collective Intellect received in February 2006 which was led by Appian Ventures and included other accredited investors in Colorado and New York.

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Microsoft confirmed Thursday that it has acquired Seattle-based Farecast, an airfare pricing comparision travel site. SeattlePI, which first broke the rumor last week, says - “We reported earlier this week that the company had been sold for more than $75 million, but the buyer was not known at the time. Microsoft did not confirm the purchase price, but a source says the figure is in the $100 million range.”

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Unisfair, the leading provider of virtual events, is launching Virtual Events for Enterprise, the industry’s first marketing solution providing live, highly interactive conferences, trade shows, and seminars with superior marketing intelligence-conducted online. Unisfair designed the virtual event solution for enterprise-class marketing departments.

The solution comes complete with multiple venues, rich multimedia interactions, professional networking capabilities and market intelligence tools. Unisfair enterprise clients organizing virtual events attract thousands of attendees, generate highly qualified leads, extend market reach and build greater brand awareness.

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Popularity: 15%

Central Desktop, the Complete Business Collaboration platform for business teams, today announced a $7M investment from OpenView Venture Partners. The funding is the company’s first round of institutional investment and will be used to further accelerate Central Desktop’s R&D, marketing and sales efforts into the under-served SMB market that requires robust business tools with ease of use at affordable prices.

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Popularity: 12%