Recently Announced Venture Capital Deals
Issuer | Category | Round # | Amount (M) | Lead Investors |
Eximias Pharmaceutical Corp. Berwyn, Pa. Develops drugs that fight liver cancer. | Biotech | D | $63.5 | Cross Atlantic Partners (led), Quaker BioVentures, New Enterprise Associates, OrbiMed Advisors, Birchmere Ventures, Easton Hunt Capital Partners, Pacific Rim Ventures, Emerging Technology Partners. |
Kemia Inc. San Diego Discovers and develops oral small molecules. Company has raised around $53M since its 2002 inception. | Biotech | B | $33.5 | JPMorgan Partners (led), Novo A/S, HamiltonApex Technology Ventures, Alta Partners, Forward Ventures, Texas Pacific Group Biotechnology, TPG Ventures,Novartis BioVentures. |
Salmedix Inc. San Diego Develops oncology drugs. Aaron Davidson, of HIG Ventures and Sam Wertheimer of OrbiMed Advisors join the board. Company has raised $81.5M to date. | Biotech | C | $45.0 | HIG Ventures (led), OrbiMed Advisors, Easton Hunt Capital Partners, Hunt Ventures, Novo A/S, Quilvest Capital, Clariden Bank, InterWest Partners, Versant Ventures, Alexandria Equities, CMEA Ventures, Delphi Ventures, ProQuest Investments, Ventures West, Aberdare Partners, GeneChem Therapeutics, BioFrontier Global Investment Partnership. |
Open-Silicon Inc. Sunnyvale, Calif. A fabless ASIC company focused on communications and consumer electronics. Company raised $8.5M in a Series A in June 2003. Thomas Rosch, general partner at InterWest, joins the board. | Chips | B | $11.0 | InterWest Partners, Norwest Venture Partners, Sequoia Capital. |
WiDeFi Inc. Satellite Beach, Fla. Makes chips used to increase the range of Wi-Fi networks. | Chips | A | $6.8 | The Aurora Funds (co-led), Axiom Venture Partners (co-led), Grace Venture Partners, funds managed by Silicon Valley investor Bill Draper, The Inflexion Fund, Camp Ventures, Band of Angels. |
Fox-Tek Inc. Toronto, Ontario Develops fiber optic sensors and instruments. | Comm | A | $3.0 | Undisclosed. |
NextHop Technologies Mountain View, Calif. Provides routing protocols and related technologies for Internet infrastructure manufacturers. Company has raised $25M since 2000. | Comm | D | $4.0 | New Enterprise Associates, Labrador Ventures, Parker Price Venture Capital. |
Severon Corp. Hillsboro, Ore. Provides monitoring services for electric utilities. Company has raised $23M in funding. | Energy | B | $9.0 | El Dorado Investment Co. (co-led), Perseus LLC (co-led), Nth Power LLC, Ventures West, Cascadia Pacific Management, Oregon Life Sciences, company management. |
Precision I/O Inc. Palo Alto, Calif. Develops high-speed networking architecture. Company was spun out from Packet Design in 2003 and received seed funding from Packet Design. Company wasfounded by longtime husband-and-wife tech entrepreneurs Judy Estrin and BillCarrico. CEO Estrin was a onetime CTO of Cisco Systems. | Internet | A | $10.0 | Advanced Technology Ventures, 3i Group, Foundation Capital, Masthead Venture Capital. |
Princeton eCom Corp. Princeton, N.J. Provides electronic payment services. Company has raised $130M since 1998, including a $34M Series C in late 2000 at a PMV of $134M. | Internet | F | $10.0 | Conning Capital Partners (led), Mellon Ventures, Lazard Technology Partners. |
CloudShield Technologies Inc. Sunnyvale, Calif. Makes network security device for fiber-optic networks. Funding deal closed in December but announced last week. | Security | C | $20.0 | Foundation Capital (led), Paladin Capital Group, ComVentures, TPG Ventures. |
DeepNines Inc. Dallas Provides network security software. | Security | A | $16.0 | Insight Venture Partners (co-led), Dawntreader Funds (co-led), EFO Holdings. |
Conformia Software Inc. Redwood City, Calif. Provides product conformance management software for regulated process industries, such as life sciences. | Software | B | $7.0 | Foundation Capital (led), Sequoia Capital. |
Intoto Inc. Santa Clara, Calif. Provides integrated security, wireless and voice software platform products. AsiaTech Managing Partner Katherine Jen joins the board. | Software | B | $11.0 | AsiaTech Management. |
Mendocino Software Fremont, Calif. Provides application recovery software. | Software | A | $15.0 | Mayfield (co-led), Accel Partners (co-led), Advent International, Foundation Capital. |
Olive Software Inc. Denver Provides content management software for the publishing and library industries. | Software | A | $6.0 | Sequoia Capital. |
RulesPower Inc. Burlington, Mass. Provides business process management software. Jonathan Silver, a managing director with Core Capital, joins the board. | Software | B | $6.7 | Core Capital Partners (led), Kodiak Venture Partners. |
SigmaQuest Inc. Santa Clara, Calif. Develops enterprise software. Series A funding was undisclosed. | Software | NA | $0.0 | Amidzad LLC, Fred Gibbons of Venture-Concept, and unnamed investors. |
Isilon Systems Inc. Seattle Provides distributed storage systems. Company has raised nearly $30M since its 2001 inception, including a $15M Series B in 2002 at a PMV of $31M. | Storage | C | $15.5 | Lehman Bros. (led), Sequoia Capital, Atlas Venture, Madrona Venture Group. |
ShotSpotter Inc. Mountain View, Calif. Provides gunshot location technology to detect gunfire in urban areas. Funding amount was not disclosed. Gary Lauder, managing director of Lauder, joins the board. | Tech | NA | $0.0 | Lauder Partners. |
Vapore Inc. Richmond, Calif. Develops liquid vaporization technology. | Trans | A | $2.0 | Band of Angels Fund, individuals from Band of Angels, RSH Ventures, Keiretsu Forum. |
OnStation Corp. San Mateo, Calif. | Trans | G | $4.5 | Horizon Ventures (led), Glynn Capital Management, New Enterprise Associates, Lightspeed Venture Partners, NeoCarta Ventures. |
TechnoCom Corp. Los Angeles Provides wireless location solutions. | Wireless | A | $6.8 | Timeline Ventures (led), Third Point Management Co., Titan Investment Partners, iSherpa Capital. |
Wispry Irvine, Calif. Developes low-cost high-performance components for radio frequency systems. | Wireless | A | $1.0 | Tech Coast Angels. |