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Content discovery company StumbleUpon was unable to secure additional venture capital funding and is now letting go of dozens of employees in a new round of layoffs, VentureBeat has learned.

The company had just under 100 employees and will only have around 30 by the end of this week, a source familiar with the matter told VentureBeat. Last week employees were told in individual meetings that they would be laid off, and now those employees are finishing up their work, the source said, adding that the company is preserving people in engineering and sales roles.

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Shareaholic has released its latest set of data concerning social referral traffic to publishers, and while Facebook’s share of site visits retreated a little after a surge in November, it remains the comfortable leader, ending 2013 far ahead of its competitors. During the latter third of the year, Facebook and Pinterest showed strong growth in referral traffic, but StumbleUpon had the biggest relative bump. In fact, by year’s end, StumbleUpon accounted for 0.86% of publishers’ traffic, compared to the combined total of 0.5% for Reddit, YouTube, LinkedIn and Google+.