CampusLive Nabs $3M

CampusLive, a Boston-based Web advertising startup for connecting brands with college students, has raised $3.1 million from Highland Capital Partners and Charles River Ventures, as well as other individual investors, according to a report from Scott Kirsner of the Boston Globe today. Last year the firm, whose founders come from UMass Amherst, raised $340,000 in funding, which we rounded up in our under-the-radar deals list. College students can compete for prizes using CampusLive, whose website says it has doled out more than $30,000 worth of prizes.

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