Recently Announced Venture Capital Deals
Issuer | Round Close | Category | Amount (M) | Lead Investors |
Pervasis Therapeutics Inc. Cambridge, Mass. Develops tissue engineering and cell-based therapy solutions. | Bio tech | A | $500.0 | Flagship Ventures and Polaris Venture Partners |
VaxInnate Corp. New Haven, Conn. Makes vaccine for infectious diseases. Company named Carlo Russo president and CEO. He most recently was at Merck Research Labs. | Bio tech | B | $23.0 | HealthCare Ventures, Oxford Bioscience Partners, MedImmune Ventures, CHL Medical Partners. |
Goal Semiconductor Inc. Montreal Fabless semiconductor company. | Chips | A | $3.9 | BDC Venture Capital (co-led), Solidarity Fund QFL (co-led). |
StrongMail Systems Inc. Los Angeles Provides enterprise-grade e-mail generation and delivery. Mark Kvamme of Sequoia and Sangam Pant of Evercore join the board. | A | $6.0 | Sequoia Capital, Evercore Partners. | |
NetScaler Inc. Santa Clara, Calif. Provides traffic control systems for enterprises, e-businesses and service providers. Company has raised nearly $80M since 1998. | Internet | F | $20.0 | Focus Ventures (led), Granite Global Ventures, Sequoia Capital, Goldman Sachs, Gabriel Venture Partners, Bay Partners. |
Skype Technologies SA Luxembourg Makes peer-to-peer software that allows users to make free phone calls over the Internet. Seed and Series A rounds came from Draper Investment Luxemborg (which invests for Bill Draper and his family) and Bessemer Venture Partners. Prior funding amount undisclosed. | Internet | B | $18.8 | Draper Fisher Jurvetson (co-led) and Index Ventures (co-led) |
Speakeasy Inc. Seattle Provides broadband services, mostly to professionals working in home-based offices. Company has raised $50M since its 1995 inception, including a $6.5M Series C in 2002 at a PMV of $32M. | Internet | D | $24.0 | 3i Group (co-led), BV Capital (co-led), Ares Management, Cornerstone Ventures, Granite Ventures, Matthew G. Norton. |
Accumetrics Inc. San Diego Focuses on cardiovascular applications. Company raised over $36 million in funding between its 1996 inception and 2002, then was reacquired by co-founder Robert Hillmanin 2003. Essex invested more than $5M in deal. | Med tech | B | $7.0 | Essex Woodlands Health Ventures, Fisher Scientific International. |
AgaMatrix Inc. Cambridge, Mass. Makes consumer medical devices. | Med tech | B | $500.0 | Collaborative Seed & Growth Partners |
Cardiac Dimensions Inc. Kirkland, Wash. Provides non-invasive heart failure treatments. Deal was first reported by The Seattle Times. | Med tech | B | $15.0 | Frazier Healthcare Ventures (led), MPM Capital, Polaris Venture Partners, InterWest Partners. |
IatroQuest Corp. Montreal Developing a biosensing platform technology called Bio-Alloy. Company raised $11M Series A last year. | Med tech | B | $1.1 | In-Q-Tel. |
SurgRx Inc. Palo Alto, Calif. Makes laparoscopic vessel fusion tools for hemostasis. | Med tech | B | $4.5 | Prospect Street Ventures |
UPEK Inc. Berkeley, Calif. Makes a silicon-based fingerprint security system. UPEK was formed via a VC-backed spinoff of STMicroelectronics NV’s fingerprint biometrics business. | Security | A | $20.0 | Sofinnova Ventures (co-led), Sofinnova Partners (co-led), Diamondhead Ventures, Earlybird Venture Capital, EDBV Management, Green Dot Capital. |
Genalytics Inc. Newburyport, Mass. Provides business analytics software. | Software | B | $2.0 | Egan-Managed Capital. |
Gluecode Los Angeles Enables companies to merge third-party software applications | Software | C | $5.0 | Palomar Ventures and Rustic Canyon Ventures |
Mezzia Inc. Indianapolis Provides enterprise software for the health care industry. | Software | C | $2.0 | KB Partners, Mason Wells Biomedical, Gazelle TechVentures. |
iJET Travel Risk Management Inc. Provides travel risk management services for multinational corporations. Company has raised $22.5M since 2000, including a $8M Series B in 2001 at a PMV of $30M. | Trans | C | $5.4 | Longworth Venture Partners (led), EuclidSR Partners, PA Early Stage Partners. |
Bitfone Corp. Laguna Niguel, Calif. Provides over-the-air software updates for mobile phones. Company has raised $48M since 2001, including a $8.3M Series A in 2001 at a PMV of $22M. | Wireless | C | $21.0 | Prism Venture Partners (led), Flextronics Inc., Nokia Venture Partners, Nexit Ventures, St. Paul Venture Partners, 3i Group, CIR Ventures, KTB Ventures. |