SproutBuilder is a drag-and-drop Flash authoring tool built with Adobe's Flex. SproutBuilder lets you create "widgets, banners, mini-sites, mashups for your website, Myspace, Facebook and more for free." Its makers refer to the sprouts as 'living content'. In just a few minutes I was able to create a Potent Mind sprout by modifying one of the pre-built sprouts that you can use as a template. The sprout includes the site's twitter feed and two videos from the Youtube channel.

Flypaper Studio, a startup that allows users to create flash-based web presentations without any programming experience, has closed a $3.5 million round of funding. The round was led by Sierra Ventures and SCF Arizona, and brings the company’s total funding to around $6.5 million.