San Francisco - SocialMedia Networks, the developer of an independent social media advertising network, said on Friday that it has raised $6 million in its second round of funding, co-led by IDG Ventures SF and previous investor Charles River Ventures.

San Francisco - Online social network Friendster announced on Tuesday that it has closed on $20 million in new funding, led by IDG Ventures, and named former Google executive Richard Kimber as its new chief executive.

Berkeley, Calif. - Social networking application developer i2we has landed $750,000 in a first round of funding led by IDG Ventures San Francisco, PEHub.com reported, citing a regulatory filing.

Santa Monica, Calif. - Transpera, a developer of mobile video technology, announced on Tuesday that it has raised an undisclosed sum in its first round of venture capital financing, from First Round Capital, IDG Ventures and Intel Capital.

Cambridge, Mass. - GuildCafe Enertainment, an online social networking site for online gamers, has raised an undisclosed amount of funds in its first round of venture capital, led by IDG Ventures, according to a report on Tuesday in PE Week Wire.

*A correction has been made to this story.

Mumbai, India - Kreeda Games, an India-based publisher of massively multiplayer online games, has raised "less than $10 million" in new financing, from IDG Ventures and SoftBank China & India Holdings, India Times reported.

San Rafael, Calif. - Telltale, a developer of episodic video games, announced on Tuesday that it has raised $6 million in its second round of venture capital financing, led by Granite Ventures with participation from IDG Ventures SF.