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Recently Announced Venture Capital Deals

Issuer Category Round # Amount (M) Lead Investors
Cedarburg Pharmaceuticals Inc. Grafton, Wisc. Makes drugs. Bio tech A $7.0 LOF Partners (investment arm of Sanders Morris Harris Group Inc.).
Momenta Pharmaceuticals Inc. Cambridge, Mass. Utilizes glynomics (the study of sugars). Company has raised $45.5M since 2001, including $19M last year at a PMV of $39.4M. Bio tech C $20.5 Mithra Ventures, Polaris Venture Partners, Atlas Venture, MVM Life Science Partners, Cardinal Partners.
SkinMedica Inc. Carlsbad, Calif. Develops dermatology drugs. Perseus-Soros Managing Director Andrew Schiff joins the board. Bio tech D $25.8 Perseus-Soros BioPharmaceutical Fund (led), St. Paul Venture Capital, Apax Partners, Domain Associates.
TransMolecular Inc. Birmingham, Ala. Creates treatments for cancer and pain. Bio tech C $33.2 Easton Hunt Capital Partners (led), Diamond Capital Management, Oakwood Medical Investors, MDS Capital, Aperture Venture Partners, S.C.O.U.T. Tullis-Dickerson, TVM Techno Venture Management, President Life Sciences, Pacific Horizon Partners.
Microfabrica Inc. Burbank, Calif. Develops micro-machining process technology. Company has raised $32M since 1999, including a $5.7M Series A1 at a PMV of $30M. Chips B $15.0 WK Technology Fund (led), DynaFund Ventures, Draper Fisher Jurvetson, Partech International, ChevronTexaco Venture Equities, Zone Ventures, Atherton Venture Partners.
CentrePath Inc. Waltham, Mass. Provides data center networking and services. Funding was a recap. Company was founded in 2000 as GiantLoop Network Inc., and raised $160M, including a $120M Series C in 2001 at a PMV of $650M. Comm. A $4.0 Greylock, Pilot House Ventures, Roger Marino (co-founder of EMC Corp.).
Quarry Technologies Inc. Burlington, Mass. Develops carrier-class service routers. James Schubauer, president of Westbury, joins the board. Comm. D $18.0 Westbury Partner, 3i Group, Jerusalem Venture Partners, ARCH Venture Partners, Sofinnova Ventures, Walden International.
YottaYotta Inc. Edmonton, Canada Provides data communication components. TechnoCap led teh funding with $10M. Company has raised $85M to date. Comm. E $15.5 TechnoCap Inc. (led), Pryces Ltd., Regime des rentes du Mouvement des Caisses Desjardins, Bombardier Trust UK, Optical Capital Group LLC, Grosvenor Venture Partners, Bank of America Investment Corp., Technology Partnerships Canada.
World Wide Packets Veradale, Wash. Makes optical access network technology. Funding brings the Series C round to $24.5M. Deal to be announced Monday. Comm. C $8.7 Argo Global Capital, Entrepia Ventures.
Quigo Technologies Inc. New York Provides online advertising and search engine software. Bob Davis of Highland joins the board. Internet A $5.0 Highland Capital Partners.
ServiceBench Inc. Fairfax, Va. Provides Internet-based B2B transaction hub. Internet C $3.2 JMI Equity Fund (led), NextGen Capital, WomenAngels, WWC Capital Fund.
Click Tactics Inc. Waltham, Mass. Produces direct marketing programs for Fortune 500 companies. Mark E $3.6 TH Lee Putnam Ventures, Wakefield Group.
Insulet Corp. Beverley, Mass. Makes a wireless insulin delivery pump for sufferers of diabetes. Company has raised $70M since 2001, including a $22M Series C in 2002 at a PMV of $45M. Med Tech D $35.5 Alta Partners (led), MedVenture Associates, TIAA-CREF, Piper Jaffray Ventures, Diamond Capital Management, Pequot Ventures, Versant Ventures, Schroder Ventures Life Sciences, Oakwood Medical Investors, Prism Venture Partners.
OmniSonics Medical Technologies Inc. Wilmington, Mass. Makes devices to treat vascular occlusive disease. Company announced a $26M first close in November. The latest funding brings the Series C up to $43M with a PMV of between $80M and $90M. Med Tech C $10.0 General Electric Pension Trust (co-led), Nomura International PLC (co-led), Prism Venture Partners, Domain Associates, Canaan Partners, Johnson & JohnsonDevelopment Corp., Hambrecht and Quist Capital Management, New England Partners, Phoenix Investment Counsel, Mitsubishi International Corp.
Southwest NanoTechnologies Inc. Norman, Okla. Makes nanotubes. Nano A $1.0 NASA research grant, unnamed investor.
Restaurant Technologies Eagan, Minn. Provides bulk cooking oil management services. Phil Clough, general partner at ABS, joins the board. Retail B $25.0 ABS Capital Partners (led), Parthenon Capital.
CipherTrust Inc. Atlanta Provides anti-spam and anti-fraud services. Security B $42.0 Battery Ventures (co-led), Greylock (co-led), U.S. Venture Partners, Noro-Moseley.
Fortinet Inc. Santa Clara, Calif. Provides network protection systems. Security C $50.0 RedPoint Ventures, Meritech Capital Partners, Acorn Campus, DEFTA Partners.
LogLogic Inc. Sunnyvale, Calif. Provides of secure appliances for real-time log analysis. Security A $5.5 Sequoia Capital, Telesoft Partners.
SecurePipe Inc. Chicago Provides network security services. Security D $3.2 First Analysis, Prism Opportunity Fund, Argentum Group.
SyGate Technologies Fremont, Calif. Provides networking and security. Investor was undisclosed. Previous investors include Trinity Ventures, Trident Capital and MVC Capital. Security C $12.4 NA
IC Media Corp. Santa Clara, Calif. Provides digital sensors. Security C $22.5 UMC Capital.
BlueRoads Corp. San Mateo, Calif. Provides channel management software. Software B $5.3 ArrowPath Venture Capital, El Dorado Ventures.
OpenPages Inc. Waltham, Mass. Makes enterprise-wide software for print and Internet publishing. Company has raised $64M since 1996, including a $40 million Series B in 2000 at a PMV of $190M. Software C $10.0 Matrix Partners (co-led), Sigma Partners (co-led), Goldman Sachs Capital Partners, Globespan Capital Partners, North Hill Ventures.
Ultimus Inc. Cary, N.C. Provides business process management software. Advent Partner Michael Pell and Principal Kathleen O’Donnell joins the board. Software A $10.0 Advent International.
InPhase Technologies Longmont, Colo. Provides holographic data storage solutions. Funding brings Series B total to $15M. Storage B $8.7 New Venture Partners (led), Yasuda Enterprise Development Co., Japan Asia Investment Co., ALPS Information Technology Fund, Hitachi Maxell Ltd., Signal Lake.