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. Email 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.