Peerflix received two rounds of funding from Battery Ventures, BV Capital and 3i, with the second round totaling $8 million. LiveUniverse has earlier bought other sites on the cheap including Revver, Pageflakes, Meevee and others. More on the acquisition here.

Pageflakes was launched at the end of 2005. The site began in Germany, but is now headquartered in San Francisco, CA. The company was initially privately funded. Balderton Capital was the investor in the company. Last week Gigaom reported the company was in trouble, with cash running out, and that it was seeking a buyer.

Pageflakes CEO Dan Cohen will stay in his current role, and in addition will assume expanded duties as SVP of LiveUniverse. Other sites in LU’s portfolio include LiveVideo social video site, the TuneBlast music network, and the LiveTime men’s network.

News.com: “Taking the issue public is obviously an attempt to embarrass DivX’s board into negotiating. But Greenspan’s accusations do highlight some curious decisions by DivX’s administration.”

LiveUniverse is touting the synergies between its social networking services and Revver’s content. Another plus: the deal gives LiveUniverse chief Brad Greenspan yet another chance to take a shot at MySpace.

From the release: “As 2007 began, Revver was beginning to show the growth trajectory that would have allowed the company to be profitable in the not too distant future. Suddenly in mid-January 2007, Revver’s proprietary video player that allowed users to post their videos on MySpace and other social networks, stopped working on MySpace. To the average user, it appeared as if Revver’s video embed was broken. Many users never understood what happened and simply thought Revver’s product was poorly designed and most migrated over to services like YouTube. A smaller group of original content creator pioneers and Revver users realized the truth: That MySpace had become a predator aggressively blocking and censoring any web service it deemed competitive or that it saw generating revenue from users of the MySpace service.”

More here.

Revver was one of the early pioneers in the video sharing space, and was the first to offer an ad revenue sharing arrangement with video producers, but fell on hard times after management trouble and lack of funding. It had raised a total of about $13 million in two rounds, from the likes of Draper Fisher Jurvetson, Bessemer Venture Partners, Draper Richards and others.

Revver’s asking price is about half million dollars, as well as the assumption of the company’s debt, which is in the $1 million range, the story says. Revver was one of the early pioneers in the video sharing space, and was the first to offer an ad revenue sharing arrangement with video producers, but fell on hard times after management trouble and lack of funding. It had raised a total of about $13 million in two rounds, from the likes of Draper Fisher Jurvetson, Bessemer Venture Partners, Draper Richards and others.

The potential LiveUniverse deal was first reported by Contentinople earlier this month, but was a bit premature.