While giants like MySpace and Yahoo are trying to cut down costs by firing people and shutting down services, funds keep coming to startups. Stealth startup, 5to1 has raised a a healthy $4.5 Million in funding. The funding has come in two separate installments with the first closed at $2.2 million in April followed by another $2.3 Million recently. The startup boasts having a pretty impressive team and was founded by Jim Heckman and Ross Levinson both of whom were execs at Fox Interactive.
