Something really, really bad went down at high flying startup Canopy Financial.

This is one of the high flying startups that had a lot of buzz the last couple of years. They’ve raised at least $85 million in venture capital with the help of an investment bank, Financial Technology Partners. Their most recent round, a reported $62.5 million, was funded by Spectrum Equity Investors.

Canopy debuted on the 2009 Inc. 500 List at #12 in terms of the fastest growing private companies in America.

In 2008 CEO Vikram Kashyap said his company had 2007 revenues of $9 million. More recently, we’ve heard, the company was saying they’d hit $60 million in revenue and $9 million or so in EBITDA.

All of this may have been lies.

Until recently all the venture capitalists involved proudly placed Canopy Financial on their portfolio pages. Now all trace of the company have been erased from the portfolio pages of investors GGV Capital, Spectrum Equity and Foundation Capital. And their investment bank has erased them from their trophy page as well. But here’s what these pages looked like very recently:

For some time now, it has seemed like Foursquare was the only game in town. I mean “game” literally, as of the major location-based services, Foursquare seemed to be the only one really emphasizing gaming elements. But now Gowalla is starting to emphasize it more.

To be fair, Gowalla has had a sort of sub-game based around the dropping and picking up of items (basically, virtual goods) since the beginning. But in the latest build of its iPhone app which hit the App Store today, version 1.3, there are some new gaming aspects. The first is that items now have histories attached to them. This allows you to see who has had an item before you in a city. Looking over some of my items now, it’s actually pretty interesting to see that I know some people who have some of them before me.

We promised we’d start publishing some of the more entertaining emails we get in our inbox, in the probably ridiculous hope that publicly shaming people may actually lessen the flow of these absurd messages.

A couple of weeks ago we posted a harried email written by a reader looking for legal help (see No, Don’t Sue Facebook. Yes, Do Get A New Boyfriend).

Now we’ve got another one. Hachette Filipacchi Media, which publishes notable magazines like Elle, Car and Driver and Road & Track, wants a little help with their search engine rankings.

The company’s Digital Outreach Coordinator, Automotive Group sent us an email telling us how much they loved a recent CrunchGear post about Ford. They offered to “link to your site on our microblogs to improve your pagerank.”

Hey, great! We love links. But this link requires a little payback. They want us to link two pages on CarAndDriver.com to the anchor text “Ford Vehicle Buying Guide and/or Ford Flex Buying Guide.”

Woot, the popular bargain site that offers one good (sometimes great) deal a day, has just launched a new portal at deals.Woot. The new site is a fairly major departure for Woot, which up until now has been driven by product selections from a team of Woot employees (aside from the main Woot.com site, which is often tech/geek focused, there are special subsites for shirts, wine, and a handful of others). Unlike these sites, Deals.Woot is run by its users — it’s essentially a Digg for bargains.

The new site features a list of top deals, as voted on by the community and chosen by the Deals.Woot algorithm. This will be going head to head against other deal sites like SlickDeals and FatWallet, which have well established communities. Woot already has plenty of fans, but it may take some time to build out a base of deal hunters.

This time they’ve reconstructed the Declaration of Independence, complete with edits and comments from the founding fathers. My US History is a bit fuzzy, but there are plenty of obvious jokes nestled in here, and I’m sure the Googlers have included a few more subtle ones as well. Unfortunately, it looks like you’ll have to have a Wave account if you want to witness the creation of one of the United States’ most important documents. But we’ve tried to grab a few of the key moments in the screenshots below.

At a time when publications targeting small business owners are in decline or dying (R.I.P. Fortune Small Business), the Web is thriving with experimentation. One effort that is just getting off its feet is Bizmore, a site backed by former junk bond king Michael Milken and executive-coaching firm Vistage International. Bizmore launched last summer as a Q&A site for business advice. Today, it unveiled a new design with more magazine-like content, including a network of eight blogs, ranging from the Social Business to Workplace Trends and Creative Finance.

“I’ll have 25 blogs before the end of the year,” says editor in chief Jeffrey Davis, who used to work with me as an editor at Business 2.0 before he went on to help run Bnet. Earlier this year, Davis left Bnet to join Bizmore founder Alice Hill to try to build an online publication for small businesses from scratch. Each blog, he says, tackles “some important facet of running a small business (finance, social media, managing, etc), each written not by name journalists, but true experts who speak and consult professionally on their topic.”

It seems that flight delays could turn into a big business. FlightCaster, the startup that helps predict flight delays long before the airlines themselves usually do, has just landed a $1.3 million funding round led by Tandem Entrepreneurs and Sherpalo Ventures. FlightCaster previously recieved money as part of the Y Combinator program. Today the company is also launching a new API, which developers can learn about here.

FlightCaster’s goal is simple: it wants to let you know when your flight is delayed as early as possible. Using a variety of data sources and complex algorithms, the service will alert you whenever it thinks one of your flights will be delayed, along with an explantation of the factors that contributed to its prediction.

Life360, a startup that looks to help families keep their loved ones (and their identities) safe, has closed a $750,000 funding round with investors including Seraph Group, LaunchCapital, Founders Fund (via FF Angel), the Band of Angels, and Mark Goines. The service also recently launched to the public at TechCrunch50’s DemoPit.

Life360 offers a suite of services related to safety and security, which are designed to help prevent everything from losing your phone to losing your personal identity. One example is the site’s Emergency ID service, which provides parents with cards/bracelets for their children that instructs first responders to call a designated phone number in the event of an emergency. Calling that number will activate the service and automatically blast a message to any emergency contacts.

As anticipated, Google has taken the first step to launch full extension support for its Chrome browser. Starting today, Google is allowing developers to upload the extensions they are making to the new Extensions Gallery. This gallery isn’t yet open for Chrome users to test out, but Google is saying that they will open it to “trusted testers” in the next few days.

If you are a developer working on an extension, you can simply agree to Google’s terms and upload your extension to the gallery right now. One of those terms is that Google has the right to review your extension before it’s published, but they are saying they will only do that if it includes “include an NPAPI component and all content scripts that affect “file://” URLs.” Google goes on to note that “For security reasons, developers of these types of extensions will need to provide some additional information before they can post them in the gallery.” Fair enough.

Though it has yet to take off in a major way, the idea behind video comments remains a potentially compelling one. And after seeing some success using its video platform to serve up videos on Twitter, Vidly thinks it can crack the case. And Grammy-winning hip-hop star Chamillionaire and the popular blog commenting system Disqus are helping them try to do that.

Launching today, Vidly Express is a way to use Vidly’s video platform on any site for visitors to add video comments or responses with the click of a button. And using celebrities like Chamillionaire is an obvious example to get the service some traction. As you can see on his own site, he’s already using it to good effect. But Chamillionaire isn’t just any celebrity endorser, as we learned first hand during this year’s TechCrunch50, he’s actually in tune with a lot of interesting things going on in tech — and uses the stuff, so his endorsement is a solid one.

Online video ad rates keep coming down, but that could be a good thing. BrightRoll, a large video ad network, is reporting that cost-per-thousand (CPM) rates for pre-roll video ads across its network are down on average by 37 percent from a year ago, but total revenues across its network are up 84 percent. Cheaper ads are leading to more spending by advertisers overall.

The chart above shows average CPMs on BrightRoll’s network indexed to 100 at the beginning of 2008. The average CPMs are now in the mid-teens, and seem to be leveling off. They were down 4.5 percent from last quarter.

Remember that hubbub a few weeks back about Seth MacFarlane’s Family Guy advertising Windows 7? But the show was apparently deemed to raunchy so Microsoft replaced Family Guy with Warner Bros. Well, did you catch last night’s episode? There was a Family Guy segment that certainly looked like an advertisement and was then followed by a regular Windows 7 commercial. Check out the video after the jump. It makes you wonder if there is more to come and the deal isn’t dead after all.

A year ago, Swype launched a new way to type on a touchscreen phone at TechCrunch50. Swype was created by the inventor of the T9 predictive typing system used on most phones today because he felt that new text input methods for small touchscreens are sorely needed. Today, the startup announced the first phone to use the technology will be the Samsung Omnia II on Verizon.

As you can see in the video above, which shows a side-by-side comparison of typing on the Omnia II versus on an iPhone, the way you type with Swype is you literally swipe your finger from one letter to the next as fast as you can. In the video, the Swypist beats the iPhone typist hands down, so to speak.

A few weeks ago there was a lot of excitement surrounding the launch of Google Maps Navigation. Unfortunately, it only worked with Android 2.0 and up, which means only the newest devices right now, like the Droid. But today Google has given an early holiday present to its other Android users: Maps Navigation to anyone running at least Android 1.6 (Donut).

Yes, that means anyone with an Android device can now use this awesome new feature. This even includes users with the original Android phone, the G1. But apparently not all of the features found in Maps Navigation for Android 2.0 will work in the 1.6 version. The one example Google gives is that you can’t use the “navigate to” voice command.

Go ahead and take that second helping of bacon-broasted mashed potatoes and high-fat gravy this Thursday, friends, because even if your tummy gets big and round like a steamed black bean bun, there’s an app for that.

Fitness apps for all!
iPhone fitness apps have come a long way since Nike+iPod. The addition of GPS opened entirely new vistas for running and biking enthusiasts and the iPhone’s video and audio capabilities made it fun to use the iPhone in the gym. Here are a few of my favorites.

This morning, professional social network LinkedIn announced that it is opening up its API for developers to build applications around the platform. While LinkedIn has partnered with Twitter, Microsoft, IBM, Research In Motion and others, this will be the first time startups can tap into the platform.

While LinkedIn is releasing 11 different APIs, they fall into three distinct categories. First, developers will be able to let users easily access their information, profiles, connections and messages via oAuth login. The second functionality is to give users the ability to make actionable decisions about information, but letting them message their LinkedIn contacts, post updates, accept contacts and more. And the third piece of the puzzle is search. So developers will now be able to embed LinkedIn search in other applications.

Although the API is now available for all, LinkedIn has already partnered with a select group of developers. Here are a few examples of their integrations.

A little over a year ago, Swype announced at TechCrunch50 2008 that they were going to “change how the world inputs text on screens”. By allowing the user to type words by tracing a path between its letters rather than tapping them out one-by-one, Swype claims to speed up typing on a mobile handset while doing away with accuracy annoyances. Swype is the brainchild of Randy Marsden, developer of the Windows Mobile onscreen keyboard, and Cliff Kushler, co-inventor of the T9 input method.

Early next month, Swype will make the jump from the demo stage to a real world product as it debuts on the Verizon Samsung Omnia II.

Here it comes: Best Buy ran a national Black Friday ad inviting the world to celebrate Thanksgiving and Eid Al-Adha, the Muslim festival of sacrifice. Fair enough, right? Happy Eid! Well, take a gander at the ad up there and brace yourself.

Look closely. You’ll probably miss the good will and wishes, they’re so innocuous.

Google’s on a bit of a shopping spree this holiday season. The search giant just acquired AdMob for $750 million a few weeks ago. Today, Google has acquired display advertising company Teracent for an undisclosed amount of money. The deal is expected to close this quarter.

Teracent’s Intelligent Display Advertising technology creates display ads entirely customized to the specific consumer and site. The startup’s proprietary alogirthims automatically pick the creative parts of a display ad (images, colors, text) in real-time determined by like geographic location, language, the content of the website, the time of day or the past performance of different ads.

As AOL prepares to spin off from Time Warner early next month, it is going through a slight rebranding. The AOL logo is changing to lowercase with a period (Aol.). The new branding campaign that is about to launch features the logo revealed as white space inside different images and pictures (see below).

The video above is a sneak peak of AOL’s brand advertising campaign, which again reveals the new AOL logo over different images that the company wants to associate the brand with. The attempt here is to try to portray AOL as trendy, vibrant, and interesting—as far as artsy splashes, a headbanger and an acrobatic trio doing flips off one of their own manages to do that. The point is that AOL wants to reveal itself in unexpected ways.

It does need to reboot its image, I’ll give it that much.