Scoreboard 03/07/05

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Recently Announced Venture Capital Deals

Issuer Round Close Round # Amount (M) Lead Investors
ArgiNOx Pharmaceuticals Inc. Menlo Park, Calif. Develops drugs for heart attack-related cardiogenic shock. The company has raised more than $42M, including three small business innovation research grants from the National Institute of Health. www.arginox.com Biotech C $25.0 Topspin Partners (led), Perseus-Soros Biopharmaceutical Fund
Perlegen Sciences Inc. Mountain View, Calif. Studies genetics-related efficacy for drug testing. The company was spun out of Affymetrix in 2000, after which it raised a $100M Series B round at a PMV of about $266M in early 2001. The company also raised a $30M Series C in 2002. www.perlegen.com Biotech D $74.0 CSK Venture Capital (led), Brookside Capital, Mizuho Securities, Glynn Capital Management, Cape Securities, Maverick Capital, Lombard Odier Darier Hentsch & Cie, Zesiger Capital, Sano Ventures, BSI SA, MPM BioEquities, SB Life Sciences, Unilever Ventures, Biofrontier Partners, Private Life Biomed, CMEA Ventures, Affymetrix Inc.
Sciona Inc. Boulder, Colo. Researching genetic personalization. www.sciona.com Biotech C $8.0 Burrill & Co. (led), Prelude Trust, BASF Venture Capital, Bioventures Inc.
SolarflareCommunications Inc. Irvine, Calif. Makes semiconductor products for physical-layer connectivity. The company has raised $78M since its 2001 inception. www.solarflare.com Chips C $48.0 Oak Investment Partners (led), Foundation Capital, Anthem Venture Partners, Intel Capital, Miramar Ventures.
Arroyo Video Solutions Inc. Provides video application delivery systems. The company has raised about $27M since 2003. Communication B $12.0 Matrix Partners (led), DCM-Doll Capital Management, Foundation Capital, Time
Brightcove Cambridge, Mass. Provides video communication services. The company was founded last year by Jeremy Allaire, co-founder of Allaire Corp. and an entrepreneur-in-residence at General Catalyst. Jim Breyer of Accel and David Orfao of General Catalyst are on the company board. Funding details were not disclosed. www.brightcove.com Communication NA $0.0 General Catalyst Partners, Accel Partners.
General Bandwidth Inc. Austin, Texas-based Provides VoIP infrastructure solutions. The company has raised about $150M since its 1999 inception, including a $66M infusion in May 2001 at a PMV of more than $186M. www.generalbandwidth.com Communication E $18.0 Oak Investment Partners.
T-Networks Inc. Allentown, Pa. Develops optical network components. The company has raised about $66M, including a $30M infusion in 2002 at PMV of $76M. www.tnetworksinc.com Communication C $6.0 TL Ventures (led), Greylock Partners, U.S. Venture Partners, Sequoia Capital.
Desert Power Inc. Farmington, N.M. Provides equipment overhaul and repair services to the natural gas compression industry in the Rocky Mountain region. www.desertpower.us Energy A $1.0 Mesa Venture (led), Altira Group.
DirectPointe Inc. Lindon, Utah Provides managed computer services for the health care market. The company previously raised $1.1M in seed funding from angels and Canopy. www.directpointe.com Health Care A $4.5 Canopy Group.
Axial Biotech Salt Lake City Makes devices for the diagnosis and treatment of human spine disease and deformity. MedTech A $4.0 VSpring Capital (led), Medtronic Sofamor Danek, Ohio Biotech Group.
Medsonix Inc. Las Vegas Medical device company that focuses on non- invasive pain relief. Funding details were not disclosed. www.medsonix.com MedTech A $0.0 DaVinci-Franklin Fund I.
Xtent Inc. Menlo Park, Calif. Develops stents for treatment of coronary artery disease. The company has raised more than $40M in funding, including a $15M Series B round in 2003 at a PMV of about $35M. www.xtent.com MedTech C $25.0 Morgenthaler Ventures (led), Advanced Technology Ventures, Latterell Venture Partners, Split Rock Partners.
Vizional Technologies El Segundo, Calif. Provides RFID supply chain solutions. www.vizional.com RFID A $3.5 Draper Fisher Jurvetson, Zone Venture Fund.
Cavium Networks Santa Clara, Calif. Provides security and network services. The company has raised more than $60M in venture funding since its 2000 inception. www.cavium.com Security D $20.0 Diamondhead Ventures, Alliance Ventures, Menlo Ventures.
Network Intelligence Corp. Westwood, Mass. Provides security event management services. The company has raised more than $25M since its 1996 inception. www.network-intelligence.com Security C $12.0 Bain Capital Ventures, Castile Ventures, Ascent Venture Partners, Egan-Managed Capital, JMI Equity Fund, Lynn Mormann (founder and chairman of Network Intelligence).
NitroSecurity Inc. Portsmouth, N.H. Provides security services for enterprise networks. The company has raised about $20M in VC funding. www.nitrosecurity.com Security B $6.5 First Analysis (led), Cabletron Systems, Ken Levine (former executive of Cabletron Systems).
Cittio Inc. San Francisco Provides networking monitoring and operations software. The company was formerly known as JJ Labs. www.cittio.com Software A $3.5 Hummer Winblad Venture Partners.
Movaris Inc. Cupertino, Calif. Provides financial control management software and services. www.movaris.com Software C $10.0 Adobe Ventures (co-led), Granite Ventures (co-led), Mohr Davidow Ventures, Redpoint Ventures.
VPIsystems Inc. Holmdale, N.J. Provides software for modeling and optimizing communications network capacity. www.vpisystems.com Software F $9.0 Core Capital Partners (led), Techno Venture Management, Siemens Venture Capital, Cipio Partners.F
Active Reasoning Inc. Palo Alto, Calif. Develops operations resource management services. www.activereasoning.com Storage B $12.0 InterWest Partners (led), ArrowPath Venture Capital, ComVentures, Onset Venture Partners.
SpectraSensors Inc. San Dimas, Calif Supplies optical sensors for industrial and environmental gas sensing applications. www.spectrasensors.com Tech. B $6.0 American River Ventures (led), Nth Power, Blueprint Ventures.
G2 Switchworks Corp. Chicago Provides travel commerce services. TPG has invested in other travel industry companies, such as Hotwire.com. Jim Lussier of Norwest and Bill McGlashan of TPG Ventures will join the board. The company recently asked a court to declare that members of its management team ? including founder and CEO Alex Zoghlin ? did not violate contractual obligations to their former employer, Orbitz. Zoghlin served Orbitz as its CTO from 2000 to 2003. www.g2switchworks.com Travel A $5.0 Norwest Venture Partners, Texas Pacific Group’s TPG Ventures.
MusicGremlin Inc. New York Provides a wireless digital audio device. The funding amount was not disclosed. www.musicgremlin.com Wireless B $0.0 Allen & Co.