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.

London - Skinkers, a developer of branded desktop applications, such as news readers, has raised $16 million in its second round of venture capital financing, led by Acacia Capital Partners.