Recently Announced Venture Capital Deals
Issuer | Round Close | Round # | Amount (M) | Lead Investors |
EcoSynthetix Inc. Lansing, Mich. Biotech researcher. | Biotech | A | $8.7 | Cargill Ventures, H.B. Fuller, Skylon Capital,Tera Capital Corp. |
Jazz Pharmaceuticals Palo Alto, Calif. The pharmaceutical company focuses on neurological and psychiatric disorders. Company raised a $15M Series A in 2003. | Biotech | B | $250.0 | Kohlberg Kravis Roberts & Co. (led), Adams Street Partners, EGS Healthcare Capital Partners, Lehman Bros. Healthcare Fund, Beeken Petty O’Keefe & Co., Golden Gate Capital, Thoma Cressey Equity Partners, Prospect Venture Partners, Versant Venture Partners. |
MaxCyte Inc. Rockville, Md. Develops cell-based therapeutics. Company has raised more than $22M since 2002. | Biotech | B | $10.7 | Intersouth Partners (led), Harbert Venture Partners, Tall Oaks Capital. |
WellGen Inc. New Brunswick, N.J. Develops disease prevention products for human food and pet-food. | Biotech | B | $3.0 | Amphion Capital Partners. |
Zapaq Inc. Waltham, Mass. Develops therapeutics that target a variety of human diseases, including Alzheimer’s. | Biotech | A | $6.0 | Sanderling Ventures, Yamanouchi Venture Capital. |
ChipX Santa Clara, Calif. Provides ASOC products. The company, formerly known as Chip Express Corp., raised about $40M in VC funding since1989, including a $10M round in 1998 at a PMV of $100M. | Chips | G | $12.0 | VantagePoint Venture Partners (led), Elron Electronic Industries Inc., Wasserstein Venture Capital, UMC, Needham Capital Partners, Newlight Associates, Parker Rice Venture Capital, Insite Capital. |
Enigma Semiconductor Santa Clara, Calif. Makes fabless semiconductors. | Chips | B | $12.5 | Techno Venture Management,Startupfactory AB, Northzone Ventures,InnovationsKapital, Vaekstfonden. |
Anta Systems Inc. Santa Clara, Calif. Provides voice-over-IP solutions. | Comm. | A | $2.4 | Versatile Venture, Daehong Corp., Eastar, Global Alliance. |
BelAir Networks Inc. Ontario, Canada Supplies cellular LAN infrastructure. Company has raised about $24M to date. | Comm. | C | $2.0 | T-mobile Venture Fund (managed by the VC arm of Deutsche Telekom AG). |
Fox-Tek Inc. Toronto, Ontario Develops fiber optic sensors and instruments. | Comm. | A | $3.0 | Undisclosed venture investor. |
House of Blues Entertainment Inc. Los Angeles Operates concert venues and blues clubs. The transaction was part of a $110M recapitalization. The company has raised more than $300M since 1993. | Entertainment | H | $30.0 | Ares Management, JPMorgan Partners, Banc of America Securities. |
EyeTel Imaging Inc. Savage, Va. Provides retinal exam services. Company raised $2M in 2002 at a PMV of $9M. | Health Care | B | $10.0 | Bain Capital Ventures (co-led), Radius Vetures (co-led), Brookside Capital Partners, Eli Lilly & Co. |
Geriatrix Inc. Brentwood, Tenn. Provides care services for the elderly. Company has raised more than $30M since1997 | Health Care | D | $8.0 | River Cities Capital Funds (led), Pacific Venture Group, Blue Chip Venture Capital Co., Envest Ventures, Crosspoint Venture Partners, Accel Partners. |
Spectral Genomics Inc. Houston, Texas Develops genomic information services and related software. Company has raised more than $13M since 2000. | Health Care | F | $9.3 | BCM Technologies, Burrill & Co., Techxas Ventures. |
Astute Networks Inc. San Diego Provides Internet backbone infrastructure. Company has raised about $53M since 2001. | Internet | C | $15.0 | ComVentures (led), U.S. Venture Partners, BA Venture Partners, Windward Ventures, Dali Hook Partners. |
Informative Inc. Brisbane, Calif. Develops online ad campaigns. The company, formerly known as Cahoots.com, has raised more than $65M since 1999, including $26.6M in 2000 at a PMV of $100M. | Internet | F | $8.0 | Levensohn Venture Partners (led), Apex Ventures, Crystal Ventures, New Enterprise Associates, Nokia Venture Partners, Global Catalyst Partners, Walden International. |
PeakStone Inc. Sunnyvale, Calif. Provides e-commerce consulting services. Company has raised $37M since 1999. Deal expected to be announced Monday. | Internet | D | $5.0 | JPMorgan Partners (led), Advanced Technology Ventures. |
Redlen Technologies Vancouver, Canada Develops radiation detection and imaging. | Med Tech | A | $1.7 | Yaletown Venture Partners |
Restore Medical Inc. St. Paul, Minn. Develops a medical device to treat snoring. Company has raised about $49M to date, including a $13M round in 2000 at a PMV of $31M. | Med Tech | C | $26.5 | Bessemer Venture Partners (led), GE Asset Management, Putnam Investments, NGEN Partners, DuPont Capital Management, 3V SourceOne Capital, MPM Capital, Charter Ventures, Venturi Group. |
NeoPhotonics Corp. San Jose, Calif. Develops nano-sized materials for use in backup batteries. Steve Jurvetson of DFJ and Bandel Carano of Oak have joined the board. Company raised $47M in itsprevious four rounds, including a $10M round Series D in 2002 at a PMV of $70M. | Nano | E | $40.0 | Oak Investment Partners (co-led), Institutional Venture Partners (co-led), Draper Fisher Jurvetson (DFJ), ATA Ventures, Rockport Capital Partners, Harris & Harris Group, Ventana Global Capital, Linkmore Ltd., Alps Information Technology Fund. |
Print Inc. Kirkland, Wash. Provides outsourced printing services. Funding included $4M in venture debt financing. ABS General Partner Ian MacLeod and Peter Nanula, managing partner atConcert, join the board. | Printing | A | $11.4 | ABS Capital Partners (led), Concert Capital Partners, ORIX Venture Finance. |
Garden Fresh Restaurant Corp. San Diego Operates a chain of soup and salad restaurants called Souplantation and Sweet Tomatoes. Prior to this transaction, the company raised $37M in venture funding and launched a $13M IPO in 1995. | Retail | H | $94.8 | Centre Partners Management, Fairmont Capital. |
Papa Gino’s Holding Dedham, Mass. Operates Italian pizza restaurant chain in New England. | Retail | A-1 | $1.0 | BancBoston Ventures, The Hale Group. |
Mirra Inc. Menlo Park, Calif. Provides digital content protection. Company received a $1.5M seed investment in April 2003. | Security | B | $8.0 | Sequoia Capital (led), Venture Strategy Partners, Sunrise Capital. |
Securify Inc. Cupertino, Calif. Provides network security management. Company has raised more than $51M since 1998, including a $34M Series B in 2000 at a PMV of $65M. | Security | C | $15.0 | JPMorgan Partners (led), Benchmark Capital, Pequot Capital. |
Approva Corp. Vienna, Va. Develops software to automate business processes. Company has raised more than $15M to date. | Software | B | $8.0 | Columbia Capital, New Enterprise Associates, Novak, Biddle Venture Partners. |
HyperRoll Inc. Mountain View, Calif. Provides data aggregation software. Company has raised $27M since 2000. | Software | C | $12.0 | Bessemer Venture Partners (led), Greylock, Sequoia Capital, Microdent Ventures, Vertex Venture Capital. |
Maven Networks Inc. Cambridge, Mass. Provides software to incorporate Internet video for marketing, sales and training. | Software | B | $10.0 | Accel Partners (led), General Catalyst Partners. |
Oblicore Inc. Columbia, Md. Provides service-level management software. Company has raised $21M since 2000. | Software | C | $9.0 | Jerusalem Venture Partners (co-led), Favonius Ventures (co-led), Concord Ventures, Platinum Neurone Ventures. |
Red Bend Software Inc. Framingham, Mass. Provides e-infrastructure tools that streamline software delivery over the Internet. Company has raised $12.5M since 2001. | Software | C | $8.2 | Pitango Venture Capital (led), Paolim Ventures, Infinity, Carmel Ventures. |
Worksoft Inc. Dallas Provides automated testing software. | Software | C | $7.0 | Austin Ventures. |
InphoMatch Inc. Chantilly, Va. Provides inter-carrier messaging for wireless telecommunications operators. Company has raised $22M since 2001. | Wireless | C | $13.5 | Draper Atlantic Venture Fund, Draper Fisher Jurvetson, The Grosvenor Funds, Institutional Venture Partners. |