Recently Announced Venture Capital Deals
Issuer | Category | Round | Amount (M) | Lead Investors |
Asterand Inc. Detroit, Mich. Oxford led Series A and B rounds. The company, founded in 2000, is a human tissue research bank. | Bio tech | C | $3.0 | Chrysalis Ventures, Arboretum Ventures, Apjohn Ventures, Oxford Bioscience Partners, Fort Washington Capital Partners. |
Protein Forest Inc. Watertown, Mass. Company develops protein separation products. S.R. One led the round. | Bio tech | A | $19.0 | S.R. One Ltd., Boston Millennia Partners, IDG Ventures, Novo A/S and private investors. |
Bay Microsystems Inc. Santa Clara, Calif. Investor In-Q-Tel, the VC arm of the Central Intelligence Agency, was second largest investor in Bay, which is a fabless chipmaker. | Chips | C | $10.0 | In-Q-Tel, Selby Venture Partners, Alliance Venture Management, Needham Capital Partners, Thomas Weisel Venture Partners. |
Zeevo Inc. Santa Clara, Calif. Zeevo, a provider of short-range wireless communications, has raised over $85M since 1999, including a $25M Series C in 2001 at a PMV of $90M. | Chips | E | $20.0 | Winbond Electronics, China Industrial Bank, Sequoia Capital, Raza Venture Funds, WK Technology Fund, Focus Ventures, Capital Research. |
Voltage Security Palo Alto, Calif. Voltage, fka IdentiCrypt, provides email with end-to-end encryption. | C | $11.6 | Hummer Winblad Venture Partners, Menlo Ventures, Morgenthaler Ventures. | |
Trace Detect Seattle, Wash. Provides monitoring of trace impurities in the environment. | Environment | B | $1.0 | Individuals. |
Ephinay Charlotte, N.C. Ephinay provides finance and accounting business process outsourcing services. | Finance | D | $10.0 | Trinity Ventures. |
Legend Films San Diego The company restores and colorizes classic films. Return backer PAR Capital led this deal and made a $2M investment in February 2003. | Media | B | $1.0 | PAR Capital Management. |
CardioMEMS Inc. Atlanta Company provides wireless medical devices for managing aneurysms and congestive heart failure. | Med Tech | B | $14.0 | Boston Millennia Partners, Foundation Medical Partners, Guidant Corp., Johnson and Johnson Development Corp., and Arboretum Ventures. |
CoreOptics Inc. Manchester, N.H. Makes high performance transponders for optical networking. In February 2001, CoreOptics raised $15M. | Network | C | $15.0 | Crescendo Ventures, Techno Venture Management, High Tech Private Equity, Atila Ventures/ETV. |
CreateHope Inc. Bethesda, Md. CreateHope provides software and services to the corporate philanthropy industry. | Software | A | $2.0 | Frontier Capital and an undisclosed firm. |
Enquiro Search Solutions Kelowna, B.C. Helps companies market themselves on Internet search engines. | Software | A | $800.0 | Undisclosed Investor. |
Open Services Inc. Westborough, Mass. Advent led the deal. The company provides enterprise network security management software. | Software | C | $8.0 | Advent International, 1to1 Ventures, Hudson Ventures, LibertyView Equity Partners, Zesiger Capital Group, and Open Services CEO Theodore Joseph. |
Solidcore Systems Inc. Palo Alto, Calif. The enterprise software company was founded by Rosen Sharma, who previously was entrepreneur-in-residence with Sevin. | Software | A | $5.4 | Sevin Rosen Funds, Matrix Partners. |
Talaris Corp. San Mateo, Calif. Talaris, which provides electronic commerce software for buyers and suppliers of employee business services, last raised $12M in 2000. | Software | D | $11.5 | Foundation Capital, Charter Venture Capital. |
TradeCard Inc. New York Develops electronic processing systems for international trade transactions. Warburg, Softbank Ventures and others invested $25M in 2001 at a PMV of $57M. | Software | D | $5.0 | Warburg Pincus LLC. |
TuVox Inc. Los Altos, Calif. TuVox, which provides conversational voice response services for call centers, previously raised over $5M in a Series A in 2002 at a PMV of $10M. | Telecom | B | $6.0 | Foundation Capital, Granite Ventures, Adobe Ventures. |
Vonage Holdings Corp. Edison, N.J. NEA led the deal in the voice over IP company with $12M. | Telecom | B | $35.0 | New Enterprise Associates. |
Legra Systems Inc. Lexington, Mass. Legra, which is focused on the enterprise wireless local area network, raised $8.5M. last year. See story, page 3. | Wireless | B | $12.0 | Duchossios TECnology Partners, Kodiak Venture Partners, Genesis Partners. |