It looks like short links are here to stay, at least for a while longer. Bit.ly, the largest independent link shortening service out there, closed a $10 million Series B financing. The round was led by RRE Ventures, with AOL Ventures also becoming a new investor. Existing investors betaworks, O’Reilly Alpha Tech Ventures, SV Angel, Founders Fund, and a few angels participated as well.

Every day, more than 200 million bit.ly

Think all that smack-talking and behind-the-scenes tension between early stage VCs and so-called “Super Angels” is about competition for deals? It’s also about competition for dollars. While roughly 100