OneSeason is a new online sports fantasy community that essentially turns athletes into commodities where users can trade with real money. OneSeason has announced it has raised $3.5 million in a new VC fund led by Charles River Ventures. CRV partner George Zachary has joined the board, and Hot or Not founder Read the full story

Social networking site Geni has raised $5 million in a new Series C VC round by The Founders Fund and Charles River Ventures. The company to date has raised about $11.5 million in VC funding. Over the last year, Geni seems to have experienced very strong growth in users, hitting about 500,000 unique U.S. visitors in Dec 2008 (up 308.8% YoY), according to Compete.