Napster alum's Plaxo gets $1.8 million

Plaxo announced Tuesday it raised a $1.8 million second round of funding, led by Sequoia Capital. The Mountain View, Calif.-based company has raised a total of $3.8 million. Plaxo develops software to allow individuals to securely update, maintain and access contact lists. The company was founded by Sean Parker, co-founder of the file-sharing service Napster.