On April 28th we held a contest for the first blogger to post five details of the Series B Socialtext closed. Now, the details are out in our local paper. Socialtext raised a $3.1 million Series B round led by Tim Draper at DFJ that closed on April 15th.

As a nation, we have always derived great benefit from the charitable impulses of philanthropists – individuals who felt a strong sense of obligation to their fellow man, sharing their financial resources in an all-out effort to help others. During times of tragedy, such as the September 11th incident, charitable giving notably increases to help assuage our collective suffering.