Scoreboard 02/28/05

Recently Announced Venture Capital Deals

&nbspIssuer RoundClose Round # Amount(M) LeadInvestors
Arete Therapeutics Inc. Davis, Calif. Develops small molecule drugs. Biotech A $15M Frazier Healthcare Partners (led), Three Arch Ventures, Burrill & Co.
BlueLithium San Jose, Calif. Provides online ad services. Deal is expected to be announced this week. See story, page 3. Internet A $11.5M Walden VC (led), 3i, individual investor Rich LeFurgy (co-founder of the Internet Advertising Bureau). Inc. Santa Monica, Calif. Provides Internet search company services to track businesses. The company has raised more than $90M since its 1999 inception. Internet E $6.5M Institutional Venture Partners.
AxioMed Spine Corp. Beachwood, Ohio Makes artificial spine disks. Med-Tech B $18M Thomas, McNerney & Partners (led), Growth Capital, Medical Venture Fund, Primus Venture Partners, CID Equity Partners, Early Stage Partners, MB Venture Partners, Reservoir Venture Partners.
Ekos Corp. Bothell, Wash. Develops ultrasound infusion micro-catheters for dissolving blood clots. Med-Tech B $18M NGN Capital (led), MedVentures, Morgan Stanley, EGS Capital.
NovaVision Inc. Boca Raton, Fla. Makes devices that restore sight for those who suffered vision impairments from a stroke or brain injury. The company has raised more than $20M since 2003. Med-Tech B $12M Tullis-Dickerson & Co. (led), Noro-Moseley Partners, Crossbow Ventures.
Scandius BioMedical Inc. Littleton, Mass. Makes minimally-invasive orthopedic implants and surgical instruments. Med-Tech C $8M Stockton Partners (led), KBL Healthcare Ventures, Commerce Health Ventures, Ivy Healthcare Ventures.
ChoiceStream Inc. Cambridge, Mass. Provides software and services for online customer services. Software A $7M General Catalyst Partners.
RealOps Inc. Herndon, Va. Develops enterprise management software. Scott Frederick and Gene Riechers of Valhalla are on the company board. Software A $5M Valhalla Partners.
Cogito Inc. Provo, Utah Operates a knowledge-based network and database. Stead Burwell, a partner at UV Partners, has joined the board. Storage B $12M vSpring Capital, UV Partners, Canopy Group, Wasatch Venture.
Dedicated Devices Inc. Nampa, Idaho Makes digital home networking products. Tech. B $6M Palomar Ventures Iled), UV Partners, Village Ventures, Highway 12 Ventures.
S5 Wireless Inc. Draper, Utah Develops wireless technologies. Wireless A $2.5M vSpring Capital.
WiSpry Inc. Irvine, Calif. Develops tunable RF components and modules for the wireless industry. Wireless A $6.5M Blueprint Ventures (led), American River Ventures, Sid R. Bass Associates, Shepherd Ventures.