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Daily Tidbits: Carpool to President-elect Obama's inauguration

TripVerde, a company that provides online carpooling services in an attempt to reduce U.S. vehicle mileage by 3 percent to 5 percent in three years, announced Monday that it has launched a new site to connect those people who plan on traveling to Washington, D.C., for President-elect Obama's inauguration in January. According to the company, it will pair up like-minded people from the same region to carpool to the event. In order to be considered, visitors need to sign up for TripVerde's service and fill out information about themselves. Once complete, TripVerde will find individuals with … Read more

App company JS-Kit raises $3.6 million

JS-Kit, a start-up that has created an array of social-networking apps for sites to install, has raised $3.6 million in venture funding in a Series B round led by Altos Ventures. Existing investor TEF3 also contributed.

With the funding, JS-Kit plans to make more hires beyond its team of 12 engineers as well as broaden its management team--DataPortability Workgroup organizer Chris Saad has joined the company as an advisor. The company also plans to hone its business-development strategy so that it can reach the magic "profitable" milestone sooner rather than later.

"Each of these areas … Read more