Read this week’s Report on Business with inspiring interviews from Austin & Hamnett Hill along with 7 other great Canadian serial entrepreneurs.

PlanetEye sent out a mysterious email. Apparently ‘something big’ is in the works, so you’ll probably want to head on over to the site next week and see for yourself.

Peerflix, a company founded in 2004 by Danny Robinson and Billy McNair, was acquired by LiveUniverse.

Xtranormal launched a private beta.

Size matters… for follow on rounds.

Speaking of which, Inscape Software raised a $7M Series B from Solidarity Fund QFL, Rho Canada Ventures, and Garage Technology Ventures Canada.

Mark added 5 DOs when raising capital, to compliment the 7 DON’Ts.