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East

Vaxlnnate Corp. of New Haven, Conn., raised $1.3 million from two accredited investors through a private placement of convertible promissory notes. The company, which is developing immunostimulatory agents, intends to use the proceeds from the offering for working capital. For more information, call Jeffrey Collinson, treasurer, at 203-785-1421.

AptSoft Corp. of Burlington, Mass., has filed to raise $2 million through a private offering of Series A convertible participating preferred stock. At the time of its SEC filing, the company had already raised $1 million from three accredited investors. The software developer intends to use the proceeds from the offering for working capital. For more information, call Kenneth Hale, CFO, at 781-270-4900.

Carbon Design Systems Inc. of Waltham, Mass., raised $10.1 million from eight accredited investors through a Series B convertible preferred stock round of financing. The software developer intends to use the proceeds from the offering for working capital. For more information, call Stephen Butler, president, at 781-890-1500.

DataPower Technology Inc. of Cambridge, Mass., raised $5.5 million from 12 accredited investors through a Series B convertible preferred stock round of financing. The developer of software and electronic devices intends to use the proceeds from the offering for working capital and general corporate purposes. For more information, call James Ricotta, president, at 617-864-0455.

deNovis Inc. of Lexington, Mass., has filed to raise $200 million through a Series C participating preferred stock round of financing. At the time of its SEC filing, the company had already raised $4.3 million from 13 accredited investors. The developer of administration systems for health plans intends to use the proceeds from the offering for working capital. For more information, call Christopher Umana, executive officer, at 781-372-3800.

Helicos BioSciences Corp. of Cambridge, Mass., raised $26.9 million from 34 accredited investors through a private placement of preferred stock. The life sciences company intends to use the proceeds from the offering for working capital. For more information, call Stanley Lapidus, president, at 617-218-1653.

InterSense Inc. of Burlington, Mass., has filed to raise $1.8 million through a Series D-1 preferred stock round of financing. At the time of its SEC filing, the company had already raised $1.7 million from 20 accredited investors. The company, engaged in the business related to inertial sensors, intends to use the proceeds from the offering for debt repayment and working capital. For more information, call Peter Tarca, president and CEO, at 781-270-0090.

Tepha Inc. of Cambridge, Mass., has filed to raise $1 million through a private offering of convertible securities through a bridge round of financing. At the time of its SEC filing, the company had already raised $810,160 from 16 accredited investors. The developer of technology related to tissue engineering intends to use the proceeds from the offering for working capital. For more information, call Simon Williams, president, at 617-995-5400.

TransMedics Inc. of Woburn, Mass., has filed to raise $27.7 million through a Series B convertible preferred stock round of financing. Additionally, the company placed in common stock warrants. At the time of its SEC filing, the company had already raised $26.3 million from 13 accredited investors. The medical device company intends to use the proceeds from the offering for working capital. For more information, call Waleed Hassanein, president, at 781-939-0872.

ChannelAdvisor Corp. of Morrisville, N.C., has filed to raise $8 million through a Series A preferred stock round of financing. At the time of its SEC filing, the company had already raised $6.7 million. A minimum investment of $15,000 is required on the placement. The provider of online marketplace management intends to use the proceeds from the offering for purchase, rental or leasing and installation of machinery and equipment, and working capital. For more information, call Jennifer Gibson, CFO, at 919-465-5680.

Tranzyme Inc. of Research Triangle Park, N.C., raised $2.4 million from seven accredited investors through a private placement of convertible promissory notes and warrants. The drug discovery company, which works on treatment of diseases associated with the neurosensory system, intends to use the proceeds from the offering for working capital. For more information, call Richard Eisenstadt, executive officer, at 919-597-6623.

Choicelinx Corp. of Manchester, N.H., raised $500,000 from six accredited investors through a private placement of secured promissory notes. The software developer intends to use the proceeds from the offering for working capital. For more information, call Gary St. Hilaire, CFO, at 603-314-6000.

Opus Venture Group LLC of Hollis, N.H., has filed to raise $500,000 through a private offering of LLC membership units. At the time of its SEC filing, the company had already raised $425,000 from 15 accredited investors. A minimum investment of $25,000 is required on the placement. The company, which plans to act as an intermediary between inventors and marketplace, intends to use the proceeds from the offering for salaries and fees, purchase, rental or leasing and installation of machinery and equipment, working capital, product development and other purposes. For more information, call Richard Malagodi, manager, at 603-305-3948.

Bullrun Financial Inc. of Lawrenceville, N.J., has filed to raise $4 million through a Series C preferred stock round of financing. At the time of its SEC filing, the company had already raised $2 million from three accredited investors. The minimum investment of $5,000 required on the placement can be waived. The developer of financial technology products plans to use the proceeds from the offering for working capital. For more information, call John Michel, CEO, at 609-912-1370.

XDS Inc. of Princeton, N.J., has filed to raise $2.3 million through a private offering of preferred stock. At the time of its SEC filing, the company had already raised $1 million from 13 accredited investors. The minimum investment of $100,000 required on the placement can be waived. The provider of ìstateless delivery servicesî to network users plans to use the proceeds from the offering for salaries, fees and working capital. For more information, contact Mario Dal Canto, CEO.

Epana Networks Inc. of New York raised $2.6 million from two accredited investors through a private offering of Series C preferred stock and common stock warrants. The company is engaged in the business related to video and voice data telecommunication. For more information, call Elie Seidman, president, at 877-237-7060.

Imagexpres Corp. of Rochester, N.Y., raised $180,000 from nine accredited and five non-accredited investors through a private placement of common stock. A minimum investment of $5,000 was required on the placement. The digital imaging, copying, and printing products company plans to use the proceeds from the offering for salaries and fees, purchase, rental or leasing and installation of machinery and equipment, acquisition of other businesses, and working capital. For more information, call John Zankowski, president, at 585-325-5078.

MusicGremlin Inc. of New York raised $1.5 million from eight accredited investors through a Series A preferred stock round of financing. A minimum investment of $50,000 is required on the placement. The provider of digital distribution services intends to use the proceeds from the offering for working capital. For more information, call Robert Khedouri, executive officer, at 212-317-1111.

Lead Logic Inc. of Sterling, Va., has filed to raise $850,000 through a private offering of common stock. At the time of its SEC filing, the company had already raised $479,450 from five accredited investors. A minimum investment of $5,000 is required on the placement. The company, engaged in sales and marketing of Internet yellow pages and search advertisements, intends to use the proceeds from the offering for working capital. For more information, call Tobias Dengel, president, at 877-532-3564.

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South

Telzuit Technologies LLC of Orlando, Fla., has filed to raise $3 million through a private offering o membership interests. A minimum investment of $10,000 is required on the placement. The developer of wireless medical monitoring devices intends to use the proceeds from the offering for salaries and fees, purchase, rental or leasing and installation of machinery and equipment, and working capital. For more information, call Donald Sproat, president, at 407-354-1222.

Vital Network Services Inc. of Tampa, Fla., raised $4.4 million from 19 accredited investors through a Series B convertible preferred stock round of financing. The network services provider intends to use the proceeds from the offering for working capital. For more information, call Jerrel Kee, CFO, at 813-818-5100.

Proficient Systems Inc. of Atlanta has filed to raise $5 million through a Series C preferred stock round of financing. At the time of its SEC filing, the company had already raised $1.9 million from 11 accredited investors. The provider of technology solutions that enable enterprises to increase sales and customer satisfaction in a variety of industries intends to use some proceeds from the offering for working capital. For more information, call Steve Hufford, executive officer, at 770-431-6300.

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Midwest

Synapse Biomedical Inc. of Oberlin, Ohio, has filed to raise $5.8 million through a private offering of common stock. A minimum investment of $100,000 is required on the placement. Chicago Investment Group LLC (CIG) helps to place an issue for $575,000 in cash in addition to warrant to purchase 5% of the aggregate amount of shares sold by CIG. The developer of minimally invasive neurostimulation devices intends to use the proceeds from the offering for salaries and fees, purchase, rental or leasing and installation of machinery and equipment, construction or leasing of plant buildings and facilities, debt repayment and working capital. For more information, call Anthony Ignagni, president, at 440-774-2488.

Novarra Inc. of Arlington Heights, Ill., has filed to raise $10 million through a Series D preferred stock round of financing. At the time of its SEC filing, the company had already raised $3 million from seven accredited investors. The software developer intends to use the proceeds from the offering for working capital. For more information, call Jayanthi Rangarajan, president, at 847-368-7800.

nPoint Inc. of Madison, Wis., has filed to raise $750,000 through a private offering of common stock. At the time of its SEC filing, the company had already raised $605,000 from 22 accredited and two non-accredited investors. A minimum investment of $10,000 is required on the placement. The developer of devices for rapid, precise and repeatable positioning and motion at the nanometer scale plans to use the proceeds from the offering for salaries and fees, debt repayment and working capital. For more information, call John Biondi, CEO, at 608-310-8770.

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West

Ammocore Technology Inc. of Santa Clara, Calif., has filed to raise $7 million through a Series D preferred stock round of financing. At the time of its SEC filing, the company had already raised $5.5 million from 16 accredited investors. The semiconductor technology company intends to use the proceeds from the offering for working capital. For more information, call Ted Hollifield, executive officer, at 408-748-4000.

FlexICs Inc. of Milpitas, Calif., has filed to raise $852,125 through a private offering of secured convertible promissory notes and preferred stock warrants. At the time of its SEC filing, the company had already raised $591,759 from eight accredited investors. The filing states that the company is a manufacturer of semiconductor on-plastic components. For more information, call Magnus Ryde, executive officer, at 408-262-3441.

Guava Technologies Inc. of Hayward, Calif., has filed to raise $29.7 million through a Series D preferred stock round of financing. At the time of its SEC filing, the company had already raised $17.6 million from 23 accredited investors. The biotech company intends to use the proceeds from the offering for working capital. For more information, call Rajen Dalal, CEO, at 510-576-1411.

GoBeam Inc. of Pleasanton, Calif., raised $975,000 from 11 accredited investors through a private placement of convertible promissory notes and warrants. A minimum investment of $10,000 was required on the placement. The communications services provider intends to use the proceeds from the offering for working capital. For more information, call Terence Murphy, CFO, at 925-314-3631.

MonoSphere Inc. of Redwood City, Calif., raised $11.3 million from nine accredited investors through a Series B-1 preferred stock round of financing. The developer of active storage management systems intends to use the proceeds from the offering for working capital. For more information, call Ray Villeneuve, president, at 650-595-3040.

Quantum Vision Inc. of Sunnyvale, Calif., has filed to raise $2.5 million through a private offering of Series E preferred stock round of financing. Additionally, the company issue warrants to purchase up to 500,000 shares of common stock and up to 250,000 shares of Series E stock, subject to vesting requirements. At the time of its SEC filing, the company had already raised $500,000 from one accredited investor. The developer of cathode ray tube technology intends to use some proceeds from the offering for debt repayment and working capital. For more information, call Steven Jaffe, CEO, at 408-523-8105.

Reactrix Systems Inc. of San Carlos, Calif., has filed to raise $12.9 million through a Series B preferred stock round of financing. At the time of its SEC filing, the company had already raised $12.5 million from 20 accredited investors. The company, engaged in the business related to visual display technology, intends to use some proceeds from the offering for working capital. For more information, call Michael Ribero, CEO, at 650-232-1500.

Digital Network Access Communications Inc. of Tucson, Ariz., has filed to raise $2.5 million through a private offering of common stock. The provider of local telephone and Internet access services plans to use the proceeds from the offering for salaries and fees and working capital. For more information, call Ahmed Kamel, president, at 520-312-4395.

The EduGaming Corp. of Bellevue, Wash., has filed to raise $2.5 million through a Series A preferred stock round of financing. At the time of its SEC filing, the company had already raised $550,000 from four accredited investors. The developer of DVD games plans to use the proceeds from the offering for salaries, fees, product development and working capital. For more information, call C. Rowland Hanson, CEO, at 425-556-1130.

Steridian Corp. of Vancouver, Wash., has filed to raise $12 million through a Series A preferred stock round of financing. At the time of its SEC filing, the company had already raised $2.5 million from 10 accredited investors. The video display technology company intends to use some proceeds from the offering for working capital. For more information, contact Jonathan Sachs, CEO.

Hoike Services Inc. of Honolulu raised $2 million from one accredited investor through a private placement of common stock. The software developer intends to use the proceeds from the offering for working capital. For more information, call Riki Fujitani, president, at 808-441-2000.

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