Recently Announced Venture Capital Deals
Issuer | Category | Round # | Amount (M) | Lead Investors |
Auxeris Therapeutics Inc. St. Louis Develops treatments for bone diseases. The investment extends the Series A round to $4.1M. | Biotech | A | $1.6 | Domain Associates, RiverVest Venture Partners. |
Deciphera Pharmaceuticals Lawrence, Kansas Deciphera founder and CEO Dan Flynn would not dislcose details on the investors. The company develops drugs to treat Alzheimer’s disease, rheumatoid arthritis and other illnesses. | Biotech | B | $15.0 | NA |
Fluidigm Corp. So. San Francisco Develops technology to analyze cells and molecules. Has raised $86M to date, including $34M in late 2001 at a PMV of $88M. | Biotech | D | $21.0 | Invus LP (co-led ), EDB Investments (co-led ), Versant Ventures, InterWest Partners, Lehman Bros. |
Galileo Genomics Inc. Montreal Researches disease-susceptible genes. | Biotech | E | $9.0 | Carnegie Fund II, HBM BioVentures, MVI Biofund. |
Guava Technologies Inc. Hayward, Calif. The company is developing cell-based analysis systems. Scott Bonham, managing director with Granite, joins the board. | Biotech | D | $27.0 | HLM Venture Partners (led), Abingworth Management, ProQuest Investments, Skyline Ventures, St. Paul Ventures, Fog City Fund, Yasuda Enterprises, Granite Global Ventures, MDS Capital, Integra Ventures, Peninsula Equity Partners, Stanford University. |
Infinity Pharmaceuticals Inc. Cambridge, Mass. Infinity focuses on clinical genomics. The strategic investment from Amgen was part of a larger collaboration agreement. | Biotech | D | $25.0 | Amgen Inc. |
Inhibitex Inc. Alpharetta, Ga. Antibody producer focuses on bacterial and fungal infections. Investor info not yet available on latest round, but past backers have included Alliance Technology Ventures, Burrill & Co., CDP Capital, New Enterprise Associates, Pacific Horizon Ventures, Triad Ventures, William Blair Capital Partners. | Biotech | E | $18.3 | NA |
Novacea Inc. So. San Francisco The company focuses on prostate, lung and other cancers. Novacea has raised $83M since its 2001 inception, including $36M in mid-2002 at a PMV of $63M. | Biotech | C | $35.0 | Apax Partners (led), Domain Associates, New Enterprise Associates, Versant Ventures, Sofinnova Ventures, ProQuest Investments. |
PTC Therapeutics Inc. South Plainfield, N.J. The drug company is focused on RNA biology and chemistry. PTC has raised more than $91M to date. | Biotech | E | $35.0 | HBM Bioventures (co-led), CSFB Private Equity (co-led), Bay City Capital, Delphi Ventures, Hansa Special Opportunities Fund, HealthCap, Novartis BioVentures, Novo A/S, POSCO BioVentures, Vulcan Capital. |
Alereon Inc. Austin, Texas Makes chips for the personal area networking market. | Chips | A | $31.5 | Austin Ventures (led), Pharos Capital, Centennial Ventures, Kinetic Ventures, eCentury Capital, Duchossois Technology Partners, PTV Sciences. |
PsiloQuest Inc. Orlando, Fla. Provides specialty polishing pads for use in semiconductor manufacturing. | Chips | B | $7.0 | Ngen Partners (led), Aurora Funds, Grace Venture Partners, Greyhound Fund, DuPont, Air Products and Chemicals Inc., Cycad Group. |
Sandburst Corp. Andover, Mass. The company, which develops chips for data communications and performance networks, has raised $56M since its mid-2000 inception. | Chips | D | $19.5 | Greylock (co-led), Matrix Partners (co-led), 3i US, Investor Growth Capital, Analog Devices Inc., Boston University Community Technology Fund, Intel Capital, Accton Technology Corp. |
Silicon Optix Inc. San Jose, Calif. With this tranche, the fabless chipmaker has Partners (co-led), Origin Partners, Primaxis Technology Ventures, Firsthand Capital , Focus Ventures. | Chips | B | $18.0 | Canaan Partners (co-led), Polaris Venture |
Redback Networks Inc. San Jose, Calif. Redback, which reorganized out of bankruptcy, provides telecom equipment | Comm | $30.0 | Technology Crossover Ventures. | |
AuctionDrop San Carlos, Calif. Provides assistance for sellers of goods on eBay. The company has raised $6M to date. | Consumer | C | $3.0 | Mobius Venture Capital (led), Draper Associates. |
OnTech LLC San Diego Provides self heating technology for food packaging. DFJ Frontier is an affiliate of Draper Fisher Jurvetson. | Consumer | A | $3.0 | DFJ Frontier (led). |
E4X Inc. New York Provides services that enable e-merchants to sell online in multiple currencies. | Finance | C | $14.0 | Adams Street Partners (led), Venture Strategy Group, On-Line Ventures, Pitango Venture Capital, Delta Ventures. |
Merchant e-Solutions Redwood City, Calif. Provides payment services to community banks and merchants. | Finance | C | $7.0 | 3i US (led). |
CBCA Inc. Fort Worth, Texas Provides Internet-based health care oriented software. The company has raised $90M to date. | Health Care | E | $26.0 | Trident Capital, Mobius Venture Capital, ABS Ventures. |
Essent Healthcare Inc. Nashville, Tenn. Essent acquires and finances community hospitals. | Health Care | $80.0 | Vestar Capital Partners. | |
GTESS Corp. Richardson, Texas Provides business outsource services for the health care industry. The company has raised more than $16M to date. | Health Care | D | $10.0 | General Catalyst Partners (co-led), Kodiak Venture Partners (co-led), Seed Capital Partners, Foundation Capital Partners. |
Scintera Networks Inc. San Jose, Calif. Provides high-speed signal processing for Internet infrastructure. Scintera has raised $17.7M since 2001. | Internet | B | $9.5 | Kleiner, Perkins, Caufield & Byers (led), August Capital, Sevin Rosen Funds. |
Zantaz Inc. Pleasanton , Calif. Provides electronic information management services. The company has raised $85M since its 1998 inception, including $36M in 2000 at a PMV of $275M and then subsequently $8.4M in a down-round in 2002 at a PMV of $24.4M. | Internet | F | $20.0 | General Atlantic Partners (led), Red Rock Ventures, Geneva Venture Partners, ComVentures, Novus Ventures, Athena Venture Fund. |
Accelerated Technologies New York Develops medical devices for cardiovascular treatments. New investors ABN and Giza now share equal ownership with founding investor Oxford Bioscience. | Med Tech | D | $32.0 | ABN Amro Capital, Giza Venture Capital, Oxford Bioscience Partners. |
Spiration Inc. Seattle The company, which makes devices to treat lung diseases, has raised $60M to date, including a $22M Series D in June 2002 at a PMV of $52M. | Med Tech | E | $27.0 | InterWest Partners (co-led), Investor Growth Capital (co-led), Three Arch Partners, New Enterprise Associates, Versant Ventures, Sprout Group, Guidant Corp. |
U-Systems Inc. San Jose, Calif. Develops ultrasound systems to detect breast cancer. Company has raised $41M to date, including $6M in 2000 at a PMV of $29M. | Med Tech | D | $26.0 | Sycamore Venture Partners (led), Siemens Venture Capital, MDS Health Ventures, Harbinger Venture Management. |
Ingrian Networks Inc. Redwood City, Calif. Develops secure content networking platforms. Ingrian has raised $40M to date, including $22M in November 2001 at a PMV of $40M. | Security | C | $14.0 | Prism Venture Partners (led), Globespan Capital Partners, HighBAR Ventures, Partech International. |
MarkMonitor Boise, Idaho Provides trademark and patent protection software and services. MarkMonitor has raised $35M to date, including $7M in 2002. | Security | C | $22.0 | Institutional Venture Partners (led), Foundation Capital, Focus Ventures. |
VistaScape Security Systems Atlanta Provides video surveillance software Paladin’s H. Lee Buchannan, former deputy director of DARPA, joins the board. | Security | $10.5 | Paladin Capital Group (led), H.I.G. Ventures, CDP Capital, Visionaria Venture Capital. | |
ArrayNetworks Inc. Campbell, Calif. Provides Web traffic management software. The company has raised over $49M since its 2000 inception, including $31.1M in late 2000 at a PMV of $100M. | Software | A | $7.5 | H&Q Asia Pacific. |
Hillcrest Communications Inc. Rockville, Md. Provides software to improve the TV viewing experience. NEA led the deal with a $4M investment. | Software | B | $10.0 | New Enterprise Associates (led), Columbia Capital, Grotech Capital Group. |
Kubi Software Inc. Lincoln, Mass. Develops email software. Kubi has raised $15M since its 2000 inception. | Software | C | $8.0 | North Bridge Venture Partners (led), Lazard Technology Partners, VIMAC Ventures. |
MetaCarta Inc. Cambridge, Mass Develops geographic information software. | Software | B | $6.5 | Sevin Rosen Funds, Solstice Capital, Chevron Technology Ventures, Chisholm Private Capital Partners. |
MindMatters Technologies Inc. Canonsburg, Penn. The enterprise software maker would not disclose details on the funding. The company has previously raised about $5M since its 2000 inception. | Software | NA | $0.0 | Mid-Atlantic Venture Funds (led), Future Fund Inc. |
NetByTel Inc. Boca Raton, Fla. Provides voice commerce software. The company has now received $36M to date. | Software | D | $8.0 | Lazard Capital Partners (co-led), Noro Moseley Capital (co-led), Chelsea Capital Partners, affiliates of Mesco Ltd. |
Riverbed Technology San Francisco Develops wide area network performance software. The company has raised $16.6M to date. | Software | B | $10.0 | UV Partners (led), Accel Partners, Lightspeed Venture Partners. |
StorePerform Technologies Inc. Denver Provides store performance management software. Former KBkids CEO Srikant Vasan founded StorePerform. Tim Connors, general partner of U.S. Venture Partners, joins the board. | Software | A | $10.0 | U.S. Venture Partners (led). |
Tharas Systems Inc. Santa Clara, Calif. Provides electronic design automation software. Andre Turenne, managing director of NeoCarta, joins the board. | Software | D | $4.0 | NeoCarta Ventures (led), Synopsys. |
Ucentric Systems Maynard, Mass. Develops home networking software. Polaris has been the company’s primary backer since its inception in 1998. | Software | D | $4.0 | Polaris Venture Partners. |
Intransa Inc. San Jose, Calif. Provides information storage over IP solutions. The company has raised $49M to date, including $7M early last year at a PMV of $59M. | Storage | C | $8.0 | Advanced Technology Ventures, Sofinnova Ventures, Sofinnova Partners, U.S. Venture Partners, unnamed pension plan. |
Roving Planet Inc. Boulder, Colo. Develops proximity-based wireless technology for the travel industry. | Trans. | B | $9.5 | Appian Ventures (co-led), Draper Fisher Jurvetson (co-led), Wolf Ventures, Cardinal Ventures. |
SkyBitz Dulles, Va. Provides satellite-based tracking services for the transportation industry. | Trans. | C | $16.0 | Inverness Capital Partners (co-led), Motorola Ventures (co-led), AIG Highstar Capital, Cordova Ventures. |