John Battelle feels like he needs more money

Private Equity Hub reports that Federated Media, the online ad network, has raised $4.5 million in a second round of funding, not long after raising $2 million in venture capital, on top of some seed funding. This, of course, after rumors that FM was "overdue" in raising more funds. We're not sure what founder John Battelle plans to do with all that cash, but perhaps, just perhaps, he might want to bankroll some hair-replacement therapy for FM videoblogger Morgan Webb.

Videoblogger Morgan Webb shows some skin

TechThatOut believes it's caught Morgan Webb, host of derivative, me-too, copycat tech videoblog WebbAlert, exposing her ... scalp? The screenshot is a bit blurry, raising questions about whether Webb is actually missing some follicles or just had her hair pulled back too tightly. But it does make one wonder why TechCrunch editor Michael Arrington went gaga and declared her "fairly hot." A quick survey of Valleywag's temporary officemates got a different ruling: "fairly scary." But there's something equally scary, and even balder, about WebbAlert. More »

Horny Michael Arrington's new lust object

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