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. Email 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.