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"Welcome to the first edition of \u201CTop Funding Stories,\u201D a weekly series where we summarize the big startup funding and investment stories of the week.  Starting next week, you can check out this series every Friday.\nHere's what crossed our radars this week:\nVisa Invests in Square\nVisa has made a strategic investment in mobile payment startup Square.  Visa's investment provides a stamp of approval for Square, which provides business owners a credit card reader for their mobile phones.  The amount of the investment was not disclosed.\nDigg Co-founder Raises $1.5 Million for New Company\nDigg co-founder Kevin Rose raised $1.5 million in angel funding for Milk, an incubator and development lab for mobile app ideas.  Rose has amassed an all-star list of investors, including Tony Hseih (CEO, Zappos), Joshua Schachter (Co-founder, Delicious), Ev Williams (co-founder, Twitter), Ashton Kutcher, Gary Vaynerchuk, Dave Morin (Facebook), Mike Maples (Floodgate Fund) and David Sze (Greylock Partners).\n99designs raises $35 million round led by Accel Partners\n99designs, a marketplace for graphic design, raised a whopping $35 million first-round investment.  The round was led by Accel Partners and included angel investors such as Dave Goldberg (CEO, Survey Monkey), Stewart Butterfield (co-founder, Flickr) and Micheal Dearing (former SVP of eBay).\nFurther News\n\nPapayaMobile, a platform that provides tools to developers to create social and mobile games, raised $18 million in Series B funding from Keytone Ventures and DCM.\nMagnet Systems, a social enterprise startup, raised $12.6 million in a round led by Andreessen Horowitz\nScoreBig, a new site for finding concert, sports and theater tickets, scored a $14 million series B round led by U.S. Venture Partners.\nImage courtesy of iStockphoto, kizilkayaphotos\n"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2011/04/30/top-funding-stories-4-29/>