Scoreboard 04/04/05

-

Recently Announced Venture Capital Deals

&nbspIssuer Category Round # Amount(M) LeadInvestors
Agennix Inc. Houston Makes protein and peptide-based drugs. The company has raised $86M since its inception, including $7M late last year, at a PMV of about $43M, from BCM Technologies Fund and an undisclosed investor. www.agennix.com Biotech C $22M Not disclosed.
Confluent Surgical Inc. Waltham, Mass. Makes bio-surgery products. The company has raised more than $60M since its 1998 inception, including a $20M Series C round in 2002 at a PMV of about $45M. www.confluentsurgical.com D $23M Three Arch Partners (led), Ascension Health Ventures, Essex Woodlands Health Ventures, SV Life Sciences, Cross Atlantic Partners, HLM Venture Partners.
TolerRx Inc. Cambridge, Mass. Develops drugs to treat immune disorders. The company has raised just under $90M in funding since its 2000 inception and withdrew a planned IPO in mid-2004. www.tolerrx.com D $31M Bear Stearns Health Innoventures (led), NIF Ventures, HealthCare Ventures, Rho Ventures, Skyline Ventures, Vertex Management, Sprout Group, Lehman Brothers Healthcare Group, Genentech, Duke University, Aozora Investment, Yasuda Enterprise Development.
ReVera Inc. Sunnyvale, Calif. Provides compositional metrology technology for semiconductor device manufacturing. www.revera.com Chips B $11M ATA Ventures (led), Crosslink Capital, company management.
Brix Networks Chelmsford, Mass. Provide VoIP performance management. The company has raised nearly $60M since its 1999 inception. www.brixnet.com Comm. E $5M Castile Ventures (led), Charles River Ventures, ComVentures, Fidelity Ventures, Partech International, Star Ventures.
MessageCast Inc. Redwood City, Calif. Develops broadcast messaging systems. www.messagecast.com A $1.5M Mobius Venture Capital, Rembrandt Venture Partners.
Reflect Systems Inc. Dallas Provides IP-based video communications services. www.reflectsystems.com C $9M Green Peak Partners.
Pentadyne Power Corp. Chatsworth, Calif. Provides flywheel power systems. The round had a PMV of about $29M. The round now stands at $18M, including an $8M first tranche last year from Nth Power, DTE Energy Ventures, Accera Venture Partners, Sempra Energy. www.pentadyne.com Energy C $10M Rustic Canyon Ventures.
iScience Surgical Inc. Redwood City, Calif. Makes medical devices focused on eye diseases. The company has raised more than $23M since its 2000 inception. www.isciencecorp.com Med Tech C $15M Three Arch Partners (led), Prism Venture Partners, De Novo Ventures, Asset Management Partners, Pacific Horizon Ventures.
Pathway MedicalTechnologies Inc. Redmond, Wash. Makes medical devices focused on the treatment of arterial diseases. The company has raised about $26M in VC funding. www.pathwaymedical.com D $10M Oxford Biosciences, ABN Amro Capital, Giza Venture Capital.
GroundWork Open Source Solutions Inc. Emeryville, Calif. Provides open source-based IT solutions. Canaan is a return backer. www.itgroundwork.com Open Source B $8.5M Mayfield (led), Canaan Partners.
InStoreCard Inc. San Francisco Provides multi-channel retail loyalty software. www.instorecard.com Software B $4M Canaan Partners, Outlook Ventures, Mobius Venture Capital.
NewScale Inc. Foster City, Calif. Provides service delivery management software. www.newscale.com C $15M Chess Ventures, Parker Price, Montagu Newhall Associates, Crosslink Capital, Menlo Ventures, New Enterprise Associates.
Siperian Inc. San Mateo, Calif. Provides customer data management software. The company has raised more than $28M in funding since its 2000 inception, including a $7M Series C infusion last year at a PMV of about $16M. www.siperian.com D $10M Constellation Ventures.
SupplyScape Corp. Cambridge, Mass. Provides pharmaceutical supply chain software. www.supplyscape.com A $7M IDG Ventures, North Bridge Venture Partners, Pilot House Ventures.
Tangoe Inc. New Haven, Conn. Provides telecom expense management software. The funding was a follow-on round. Edison is the sole investor of the company, which has raised $6M to date. www.tangoe.com A $1.75M Edison Venture Fund.
Camiant Inc. Marlborough, Mass. Provides servers for multimedia services. www.camaint.com Storage B $8M Matrix Partners, North Bridge Venture Partners, Pilot House Ventures.
EVDB Inc. La Jolla, Calif. Develops an event and venue information database. The company?s seed funding included investments from Esther Dyson of CNET Networks; Half.com founder Joshua Kopelman; Tribe Networks CEO and co-founder Mark Pincus; and others. www.evdb.com A $2.1M Draper Fisher Jurvetson (led), Omidyar Network.
ExaGrid Systems Westborough, Mass. Provides storage data protection services. www.exagrid.com B $14M Highland Capital Partners, Sigma Partners.
SiliconStor Inc. Fremont, Calif. Provides storage solutions for enterprises. The company previously raised $3M in seed funding from individuals. www.siliconstor.com A $9M VSP Capital (led), APV Technology Partners.
B-Bridge International Inc. Sunnyvale, Calif. Provides services to life science research labs www.b-bridge.com Tech. A $4.2M Bio-Sight Capital Co., Hokkaido Venture Capital, Marubeni Corp.
COLED Technologies Inc. Longmont, Colo. Develops display technologies. The funding amount was undisclosed, but the company had been looking for just over $2M, according to an SEC filing from last fall. The company previously raised seed funding from ITU and HCF Partners. A NA ITU Ventures.
Delivery Agent Inc. San Francisco Provides commerce services to the entertainment industry. www.deliveryagent.com A $5.5M Worldview Technology Partners, Cardinal Venture Capital.
Hotel BookingSolutions Inc. Atlanta Provides technology and services to the travel industry. www.hotelbookingsolutions.com A $5M Crosslink Capital.
Kiva Systems Inc. Burlington, Mass. Provides mobile services for inventory storage. The company was for formerly called Distrobot Systems. www.kivasystems.com Wireless B $6.5M Bain Capital.
Trapeze Networks Inc. Pleasanton, Calif. Provides WLAN services to the mobile enterprise workforce. The company has raised more than $60M. www.trapezenetworks.com C $14M Accel Partners, Redpoint Ventures, Oak Investment Partners, Castile Ventures, DAG Ventures.
Source: Private Equity Week Wire, company press releases and PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTree Survey.Edited by Alastair Goldfisher. Data is for North America only. PMV is for post-money valuation.