San Francisco - Zynga, a developer of social media games, announced on Wednesday that it has raised $29 million in new financing, and acquired YoVille, a virtual world game on social networks.

San Jose, Calif. - Gaia Online, an online virtual world for teens that claims 5 million unique monthly users, announced on Monday that it has closed an $11 million third round of funding from Institutional Venture Partners.

Sunnyvale, Calif. - RGB Networks, a developer of digital video processing tools that help service providers deliver targeted video content, said on Monday that it has raised $20 million in a new round of funding, led by new investor Institutional Venture Partners.

Hurst, Texas - Handango, a provider of mobile content for smartphones, announced that it has raised $9.5 million in its third round of venture capital financing, which will be used to support distribution deals, improve scalability and expand globally.