Berlin - Metaversum, a developer of online virtual worlds and a social community platform, announced on Tuesday that it has received a "multi million Euro" investment from Balderton Capital.

Dublin, Ireland - NewBay Software, a provider of mobile services that let users create, store, view and share user-generated content, announced that it has raised $9.9 million in its second round of financing, led by Fidelity Ventures.

London - Kobalt Music Group, a U.K.-based music publishing firm whose roster includes Moby and Eminem's Eight Mile Style, has raised $16 million in a second round of funding led by Balderton Capital, PEHub.com reported.

Cannes, France - U.K.-based digital music retailer 7digital announced on Monday that it has raised $8.5 million in new funding, led by Sutton Place Managers with participation from Balderton Capital.

London - BetNow, a U.K.-based developer of mobile gambling services, has raised an undisclosed sum in its first round of venture capital, led by Balderton Capital, PEHub.com reported.

Los Angeles - BridgeCo, a developer of entertainment home networking technology that connects consumer electronics to one another and the Internet, has raised $17 million in new private equity and debt financing, PEHub.com reported.