For a change a Hungarian start up 'Laserbit' has raised 7 Mio. in the third round of funding. Unfortunately it has its business in a real over funded area - a proprietary technology for broadband access. I personally wouldn't invest in this a penny, but obviously a couple of new companies have been funded in US, too.
Most importantly I hope some of the money in this round goes to a better website. Terrible as of now.