Recently Announced Venture Capital Deals
Issuer | Category | Round # | Amount (M) | Lead Investors |
BioTrove Inc. Woburn, Mass. Focuses on the development of nano-fluidic drug discovery. | Bio tech | B | $10.9 | Catalyst Health, Technology Partners, CB Health Ventures, Zero Stage Capital, BioFrontier Partners. |
Saegis Pharmaceuticals Half Moon Bay, Calif. The biopharmaceutical company plans to launch human clinical trials of a drug aimed at improving learning and memory. Saegis announced a $30M initial close on Series B last fall. | Bio tech | B | $2.0 | The Stanley Medical Research Institute. |
SelectX Pharmaceuticals Worcester, Mass. | Bio tech | B | $8.0 | Techno Venture Management (co-led), Inventages Venture Capital (co-led), Boston University Community Technology Fund. |
Xceive Inc. Santa Clara, Calif. Provides integrated circuits for RF-to-base-band transceivers for TVs and other consumer electronics. | Chips | B | $10.5 | BA Venture Partners (led), The Ignite Group, Alliance Ventures. |
BridgePort Networks Chicago Provides telecom software for mobile services. Mike Mulica named president and CEO. | Comm | A | $10.0 | Polaris Venture Partners, General Catalyst Partners. |
Orchestria Corp. New York Provides email and Web management software. | C | $10.0 | Constellation Ventures (led), Benchmark Capital, Doughty Hanson & Co., Crossbridge Venture Partners. | |
Tak’asic Inc. San Mateo, Calif. Makes dedicated imaging processors for use in printers, scanners, fax machines and copiers. | Imaging | C | $16.3 | JVP (led), Crossbridge Venture Partners, Sofinnova Partners, Doughty Hanson Technology Ventures, Ventech, SPEF Venture, Innovacom. |
Cast Iron Systems Inc. Mountain View, Calif. Provides integration appliances. INVESCO’s Alessandro Piol joins the board. Company has raised over $20M since 2001. | Internet | C | $12.0 | INVESCO Private Capital (led), Norwest Venture Partners, Sequoia Capital. |
Eyeblaster Inc. New York Provides rich media advertising services. | Media | A | $8.0 | Insight Venture Partners. |
TransMedics Inc. Woburn, Mass. Makes medical devices to treat end-stage organ failure. | Med Tech | B | $27.6 | Flagship Ventures (co-led), 3i US (co-led), CB Health Ventures (co-led), Sherbrooke Capital, Posco BioVentures, Alta Partners, Novel BioVentures, CDP Capital Technology Ventures. |
OmniTrust Security Systems Mountain View, Calif. Provides content management and protection. | Security | B | $6.0 | Nomura Research Institute, Diamond Capital Co., Global Catalyst Partners, Lucent Venture Capital, Mistui Sumitomo Insurance Venture Capital. |
ServGate Technologies Milpitas, Calif. Provides network security. Funding was a mezzanine investment. ComVentures GP Perry Wu joins the board. | Security | $18.0 | ComVentures (led), ChinaVest, WI Harper Group. | |
Sourcefire Inc. Columbia, Md. Provides network monitoring infrastructure that detects suspicious activity. Company has raised $34M to date. | Security | C | $15.0 | Sequoia Capital (led), Core Capital Partners, Inflection Point Ventures, New Enterprise Associates, Sierra Ventures. |
Celequest Corp. Redwood Shores, Calif. Provides software for business activity monitoring. Series B funding is at PMV of about $18M. | Software | B | $9.1 | Lightspeed Venture Partners,. Bay Partners |
Euclid Inc. San Jose, Calif. Provides IT enterprise management software. Company has raised $12.5M in Series C. Previous investors include Bay Partners and Pacesetter Capital. | Software | C | $4.5 | BlueStream Ventures, Raza Ventures, Redwood Ventures. |
Kyak Interactive Corp. Princeton, N.J. Makes mobile gaming software. | Software | A | $11.8 | VantagePoint Venture Partners (led), TL Ventures, EnerTech Capital. |
Model N Inc. So. San Francisco Makes enterprise software to prevent loss of revenue. Company raised $30M in June 2000 at a PMV of $220M. | Software | B | $11.0 | Meritech Capital Partners (led), Accel Partners, Accel-KKR. |
Tonic Software Inc. Austin, Texas Provides e-commerce site performance analysis software. Company previously raised $28M in Series B in 2000 at a PMV of $83M. | Software | A-1 | $4.1 | Sevin Rosen Funds, Bank of America Venture Partners, Dell Ventures, Intel 64 Technology Fund, Austin Ventures. |