Luisa Beltran

OneRoofEnergy has secured $50 million in financing led by Hanwha International. OneRoof Energy, a residential solar company, said it has also closed its first fund to finance residential solar project. The fund is in partnership with Black Coral Capital and a unit of U.S. Bancorp.

Quantance, a chip maker, has raised $11 million in Series C funding. Investors include TD Fund, Granite Ventures, InterWest Partners and DoCoMo Capital.

New York Media, which owns New York Magazine, is selling MenuPages to Seamless. Financial terms weren't announced. New York Media is owned by the Wasserstein family trust. MenuPages provides menu content via mobile and online platforms. Seamless is an online food ordering service.

Today, Henry Blodget announced that Business Insider raised $7 million in funding. Institutional Venture Partners, a new investor, led the round. Existing investors, RRE Ventures, Allen & Co., Marc Andreessen, Gordon Crovitz and Ken Lerer also contributed. Including the $7 million, BI has raised about $14 million in funding, according to TechCrunch. Business Insider began fundraising this past summer when it hoped to raise an additional $2 million, Blodget writes."In the end, we were fortunate enough to have enough interest that we ended up raising ~$7 million," he says. "For a company that has operated on a shoe-string for the last four years, this injection has made our bank account look positively massive."

Forbes came out with its list of 400 richest people in America. Many of the usual suspects made the annual ranking. Bill Gates is No.1 with $59 billion while Warren Buffett places second with $39 billion. George Soros made the top 10 and currently ranks 7th with $22 billion (last year he was 14th with $14.2 billion). Mark Zuckerberg places 14th with $17.5 billion followed by Google's Sergey Brin and Larry Page, who each tie for 15th with $16.7 billion each. Where are the PE execs? Last year, Ron Perelman and Carl Icahn tied at 24th (both execs are listed as "leverage buyouts) with $11 billion each. This year they drop but just a little. Icahn places 25th with $13 billion while Perelman comes in at 26th with $12 billion. Stephen Schwarzman ranks 66th with $4.7 billion (he was 69th last year with $4.1 billion). Henry Kravis places 86th with $3.7 billion while Leon Black and Ron Burkle tie for 107th with $3.2 billion each (Black was 110th last year with $3 billion).

Stitcher has raised $10 million via a Series C round of venture funding. New Enterprise Associates led the funding while return investors Benchmark Capital, New Atlantic Ventures, and tech veterans including Ron Conway also participated. Stitcher offers personalized Internet talk radio programming.

Kevin Klustner has joined Powerit Solutions as CEO. Kluster, who began on Sept. 6 and holds a seat on Powerit's board, is the former president and CEO of Verdiem Corp. In March, Seattle-based Powerit raised $5 million in funding.

Raymond James said yesterday that Aaron Kessler has joined the IB as an Internet equity research analyst. Jason Harkness, previously with Pinnacle Ventures, has also joined as an Internet investment banker, while Todd Speece, previously with Piper Jaffray, was named an equity capital markets specialist at Raymond James. All three are based in San Francisco.

The Blackstone Group wants to advise, not buy, Silicon Valley startups. So reports Portfolio.com. Blackstone has long had an advisory practice, but the New York PE firm is known more for its mega buyouts. For example, Blackstone was part of the investor group that acquired Freescale Semiconductor in 2006 for $17.6 billion and also acquired Hilton Hotels in 2007 for $26 billion. But Blackstone recently hosted an "inaugural" tech forum in Silicon Valley that was intended to match up startups, investors and industry experts, Portfolio.com reports. Ivan Brockman, a Blackstone MD who is based in Menlo Park, admits that Blackstone isn't known for advising tech companies.

M&A in the daily deal space may have jumped in the past two years but valuation multiples are dropping, according to a report from CB Insights. Since 2009, 72 acquisitions have occurred in the sector with more than half, or 44, taking place in Q2 and Q3 of this year, according to CB Insights. M&A may be up but valuation multiples are “declining very quickly,” CB Insights says. I asked Jonathan Sherry, CB's co-founder, for more info on the multiples, but he declined to disclose further information. That data is only for subscribers, he says. The CB report did reveal that daily deal price per subscriber sold multiples has dropped 36% in Q3 from their peak in first quarter. Price per voucher sold multiples has also declined 40% in Q3 versus a high in Q1, CB said.