The . Week . IN . Deals |
Category |
Name (Location) |
Amt./Rd. |
Investors |
Notable |
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Androclus Therapeutics Inc. San Diego www.androclus.com |
NA/A |
E. de Rothschild Investment Partners, Matigon Technologies. |
Biotech company focused on autoimmune inflammatory diseases. The funding amount was not disclosed. |
Assay Designs Inc. Ann Arbor, Mich. www.assaydesigns.com |
$5M/A |
Ampersand Ventures. |
Makes immunoassay kits for life science companies. |
BioMimetic Pharmaceuticals Inc. Franklin, Tenn. www.biomimetics.com |
$12M/C |
Noro-Moseley, PTV Sciences, Axiom Ventures, HSS Ventures, InterWest Partners, CMEA Ventures, MC Life Science Ventures, Burrill & Co., Novo AS, Holden Capital, MB Venture Partners, Knowledge Ventures. |
Develops products for the treatment of musculoskeletal disorders. The Series C round now stands at about $38M. The company closed on more than $25M in November. |
Gemin X Biotechnologies Inc. Montreal www.geminx.com |
$50M/A |
H.I.G. Capital (co-led), Sanderling Ventures (co-led), Merlin BioMed Group, Pinnacle Biotech Ventures Fund, Business Development Bank of Canada, Canadian Medical Discoveries Fund, Gestion BioCapital, ProQuest Investments, SB Life Science Equity Managemen |
Develops treatments based on the regulation of apoptosis. The company also secured a $15M loan. |
Tranzyme Pharma Inc. Research Triangle Park, N.C. www.tranzyme.com |
$32M/A |
H.I.G. Ventures (co-led), Thomas McNerney & Partners (co-led), Quaker BioVentures (co-led), BDC Venture Capital, Desjardins Venture Capital, Pacific Rim Ventures, The Solidarity Fund. |
Develops drugs focused on gastrointestinal disorders. |
Zelos Therapeutics Inc. Ottawa www.zelostherapeutics.com |
$42.5M/B |
Alta Partners (led), Prospect Venture Partners, Frazier Healthcare Ventures, S.R. One Ltd., Ontario Teachers’ Pension Plan, VenGrowth Private Equity Partners, Genesys Capital Partners, Seaflower Ventures, Business Development Bank of Canada. |
Develops drugs to treat osteoporosis and psoriasis. The company also has an office in Waltham, Mass. |
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IPextreme Inc. Campbell, Calif. www.ipextreme.com |
$6M/A |
Alloy Ventures, SmartForest Ventures. |
Provides on-chip subsystems. |
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Caspian Networks Inc. San Jose, Calif. www.caspiannetworks.com |
$31M/B |
Oak Investment Partners, U.S. Venture Partners, Morgenthaler Partners. |
Makes optical switches. The company has raised nearly $300M since its 1999 inception, including a $120M Series A recap in 2002 at a PMV of about $195M. |
Cymphonix Inc. Salt Lake City www.cymphonix.com |
$4M/A |
vSpring Capital (led), Prospector Equity Capital. |
Develops appliances for network traffic control. |
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HyRadix Inc. Des Plaines, Ill. www.hyradix.com |
NA/NA |
Koch Genesis Co. (led), SAM Sustainable Asset Management, Caisse de depot et placement du Quebec. |
Develops hydrogen generation technology for hydrogen vehicle refueling. Many of the details of the funding were undisclosed, though Caisse de depot et placement du Quebec was listed as a return investor. |
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Pharmaca Integrative Pharmacy Inc. Boulder, Colo. www.pharmaca.com |
$7.5M/D |
Great Spirit Ventures. |
Operates 11 pharmacies in the Western United States. The company has raised $40M in bank and venture financing. In other company news, Ron Brill, formerly chief administrative officer of The Home Depot, has joined the board. |
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Voltage Security Inc. Palo Alto, Calif. www.voltage.com |
$15M/C |
Jafco Ventures (led), Siemens Venture Capital, Hummer Winblad Venture Partners, Morgenthaler Ventures, Menlo Ventures. |
Provides secure email and policy-based encryption. The company has raised about $30M since its 2002 inception. |
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Integrien Corp. Pasadena, Calif. www.integrien.com |
$6.5M/A |
Clearstone Venture Partners (led), Tech Coast Angels. |
Provides business management software and services. |
ITM Software Inc. Mountain View, Calif. www.itm-software.com |
$6M/B |
RBC Technology Partners (led), Technology Partners, InnoCal Venture Capital, Ascend Venture Group. |
Provides enterprise software. |
Netuitive Inc. Reston, Va. |
$5M/C |
Thomas Weisel Venture Partners (led), Bessemer Venture Partners, Columbia Capital, Flagship Ventures and Noro-Moseley Partners |
Provides software for business services management. |
Software Innovation Inc. Toronto www.softinn.com |
$5M/B |
Covington Capital, BDC Venture Capital, Verdexus, Software Innovation ASA. |
Provides project collaboration software. |
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Liquid Computing Corp. Ottawa www.liquidcomputing.com |
$14M/A |
VenGrowth Capital Partners, ATA Ventures, Export Development Canada, the Business Development Bank of Canada, Axis Capital Corp. |
Makes computer servers. |
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AgileTV Menlo Park, Calif. www.agile.tv |
$22M/B |
Valence Capital Management (led), Lauder Partners, Insight Communications. |
Provides voice navigation services for the cable TV industry. |
Novariant Inc. Menlo Park, Calif. www.novariant.com |
$16M/C |
Clearstone Venture Partners, SpaceVest, Marubeni, Yasuda, Metdist, Pacifica Fund, Arcturus Capital, Argonaut Private Equity. |
Provides global position system solutions. |
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Fastmobile Rolling Meadows, Ill. www.fastmobile.com |
$12M/B |
DCM-Doll Capital Management (co-led),Walden International (co-led), BlueStar Ventures, Leo Capital Holdings. |
Provides mobile instant com munications solutions. The company has raised more than $21M. |
Nellymoser Inc. Arlington, Mass. www.nellymoser.com |
$5.3M/A |
Softbank Capital. |
Develops mobile applications for large brands and content providers. |
Sennari Inc. Los Angeles www.sennari.com |
$2M/A |
Novak Biddle Venture Partners (co-led), Blacksmith Capital (co-led). |
Provides solutions for mobile entertainment providers. |
SkyPilot Networks Inc. Santa Clara, Calif. www.skypilot.com |
$15M/C |
Mobius Venture Capital, Invesco Private Capital, Softbank Asia Infrastructure Fund, Selby Venture Partners, Nexit Ventures, Palo Alto Investors |
Provides carrier-class wireless broadband systems. The company has raised more than $44M in funding since its 2000 inception. In other news, Bob Machlin was named president and CEO. He previously was president and CEO of AirFlow Networks Inc. |
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