Palo Alto-based startup incubator The Fabric has raised $10.5 million in funding from a number of investors including Sand Hill Angels and Hitachi to continue co-creating networking startups. The Fabric develops ideas for startups and then finds teams to carry them out, taking a founder's stake in each project. The Fabric was launched last year by experienced entrepreneurs Rajan Raghavan and Prabakar Sundarrajan.

San Francisco-based mobile ad management platform LiquidM has raised $5 million in Series A funding from Blumberg Capital, Earlybird Venture Capital, and Asset Management Ventures. LiquidM's "full stack" platform manages everything from premium to performance ads, serving as an agnostic technology provider. Launched just yesterday, LiquidM already claims Madvertise, M&C Saatchi, Fetch, and Mobilike among its current customer base.

Since the last email, CrunchBase captured more than 37 rounds and $152 million in fundings... and the data keeps rolling in.