Los Angeles - BitTorrent, the file-sharing software company founded by the creators of the peer-to-peer protocol, has returned the $17 million financing round it announced in June to investors, opting instead to take $7 million at a substantially reduced valuation of $28 million, TechCrunch reported.

Redwood City, Calif. - Video game developer and publisher Trion World Network announced on Tuesday that it has raised $70 million in its third round of venture capital financing, co-led by "a large global financial institution" and Act II Capital.

San Francisco - BitTorrent, a provider of peer-to-peer-based content delivery services, has raised $17 million in a third round of funding, led by DCM and Accel Partners, PEHub.com reported, citing a regulatory filing.

San Mateo, Calif. - Social media applications developer RockYou announced on Monday that it has raised $35 million in a third round of venture capital financing, led by DCM.

San Mateo, Calif. - RockYou, a developer of social applications and widgets that enable photo slideshows, glitter text, voicemail and other features, has raised $1 million in new financing from Doll Capital Management (DCM), VentureBeat reported.

San Francisco - Ecast, a maker of broadband digital jukeboxes found in bars and restaurants, has secured $12.3 million of an $18.64 million fourth round of venture capital financing, PEHub.com reported, citing a regulatory filing.

Los Altos, Calif. - Ustream.TV, a provider of Internet video broadcasting services, announced on Thursday that it has raised $11.1 million in its first round of venture capital financing, from DCM, Labrador Ventures and The Band of Angels.

Burlingame, Calif. - Mig33, the developer of a mobile social network with 9 million users, announced on Tuesday that it has raised a $13.5 million second round of financing, led by DCM.

San Francisco - Outspark, a publisher of free online community games, announced on Thursday that it has raised $11 million in its second round of financing, led by Chinese Internet portal Tencent Holdings.

San Francisco - PlayFirst, a publisher of casual video games, announced on Wednesday that it has raised $16.5 million in its third round of financing, led by DCM.

Emeryville, Calif. - Catalyst Mobile, a provider of mobile music and entertainment services, announced that the company has secured $10 million in its second round of financing.

San Francisco - Wikinvest, the developer of a wiki-based website that covers the investing community, has raised $2.5 million in its first round of financing, led by DCM, PEHub.com reported.

*A clarification has been made to the original version of this story.

San Francisco - Outspark, a publisher of casual, multiplayer online games, announced on Tuesday that it has raised an undisclosed sum in its first round of financing, led by Altos Ventures and DCM.

San Diego - Brickfish, a site that encourages consumers to create user-generated content based on branded entertainment, announced on Wednesday that it has raised $11.2 million in its first round of funding, led by Doll Capital Management (DCM).