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Sandbox.com received a “significant” equity investment from CNN/Sports Illustrated Interactive and has entered a multiyear deal to become the exclusive interactive games provider for Time Warner Inc.’s sports Web site, CNNSI.com. . . . Commission Junction, a Santa Barbara online business-to-business sales distribution network, received $40 million from a group that includes Pasadena-based Idealab, QuestMark Partners, Hikari Tsushin and Thomas Weisel Partners. . . . Santa Monica-based EHobbies.com received $10 million in funding from TMCT Ventures and ECompanies Venture Group.

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