Recently Announced Venture Capital Deals

Issuer Category Round # Amount (M) Lead Investors
Questra Corp. Redwood City, Calif. Provides enterprise software and services. Has raised $37M since 2000, including a $19M infusion in late 2002, at a PMV of about $30M. C $4.0 Menlo Ventures, Trident Capital, undisclosed venture investor.
Acologix Inc. Emeryville, Calif. Biotech B $40.0 Nomura Securities Co. (led), Nomura Research and Advisory Co., Softbank Investment Co., SMBC Capital Co., Tokio Marine and Fire Insurance Co., JAIC America, AquaRIMCO.
Capnia Inc. Los Gatos, Calif. Develops therapeutic products based on a medical gas delivery platform. Has previously raised just under $5M. Biotech B $12.0 Teknoinvest (led), BioAsia, Asset Management, Novel Bioventures.
Genetics Squared LLC Ann Arbor, Mich. Biotech company. Biotech A $1.0 CrystalPoint Partners, unnamed private investor.
Merrimack Pharmaceuticals Inc. Cambridge, Mass.- Researches protein networks and the interactions that mediate cellular pathways Biotech C $28.0 Sorenson Development Inc. (led), Unilever Technology Ventures , GTC Biotherapeutics, Wharton Biotechnology Partners, MS Seed Capital.
Microbia Inc. Cambridge, Mass. Drug developer focuses on gastrointestinal disorders. Company has raised $105M since its inception in 1998. Biotech D $40.0 Paperboy Ventures (led), Invus, Bio*One Capital, Singapore Economic Development Board, Alton Ltd., Linkagene.
Aegis Semiconductor Inc. Woburn, Mass. Develops embedded components for monitoring optical networks. The company has raised $27M since its 2000 inception, including a $16M infusion in 2001 from Alta Partners and Ironside Ventures, among others. Chips C $10.0 St. Paul Venture Capital, Alta Partners, YankeeTek Ventures, Technology Venture Partners, Stata Venture Partners, Megunticook Management.
Stretch Inc. Mountain View, Calif. Develops next generation technology to simplify semiconductor design. Deal was unannounced. Chips B $36.0 Menlo Ventures, Worldview Technology Partners, Oak Investments.
InnoDesk Inc. Beachwood, Ohio Makes products for the office and home, such as highlighters and a recently released handheld battery operated stapler. Consumer B $2.0 GMG Capital Partners.
Microsulis Corp. Waltham, Mass. Provides medical research. No investor details on the private equity funding were disclosed, except that the first $25M came from a pair of VC firms. Health Care A $45.0 NA
Point of CareWare Kirkland, Wash. Develops monitoring software for post acute care and long-term communities. Has raised $8.3M since 1998, including a $4M infusion in 2001, at a PMV of $11M. Health Care D $1.5 Encompass Ventures Management Co., Kirlan Venture Capital.
Trilogy Health Services LLC Louisville, Ky. Operates senior health care centers in the Midwest. The company was founded in 1997. Health Care A $26.0 Frontenac Co. (led), Blue Chip Venture Co., Salix Ventures, company management.
Broadbus Technologies Inc. Boxborough, Mass. Provides video-on-demand server systems. Company previously announced a $25M first close on the deal, from investors Star Ventures, Charles River Ventures, Battery Ventures, Infineon Ventures and Wolf Ventures. Company has raised more than $35M since 2002. Internet B $1.0 Comcast Interactive Corp.
Lockdown Networks Seattle Develops security management applications for wireless networks. Security A $4.0 Ignition Partners.
DivX Networks Inc. San Diego Provides video compression technology. Company has raised more than $28M since 2000, including an early-stage infusion of $5.6M in late 2000, at a PMV of $25. The latest infision comes with a pre-money valuation of $100M. Software C $7.0 Zone Ventures (led), WI Harper Group, Draper Atlantic, Wasatch Venture Fund, Springboard-Harper, Tim Draper, Cardinal Venture Capital, Ali Corp., Cyberlink International Technology Corp.
iTRACS Corp. Chicago Provides IT infrastructure management software and hardware. Company has raised $35.5M in VC funding since its 1995 inception. Software B $16.0 Mercantile Capital Group (led), Paragon Ranch, Empire Capital, JI Ventures, Kenilworth Asset Management.
Pure Networks Seattle Provides home networking software and services. Deal was expected to be announced Monday. Software A $7.0 Mayfield, Ignition Partners, individual investors.
Webify Solutions Inc. Austin, Texas Develops enterprise software. Software B $7.0 Viventures (co-led), Dali Hook Partners (co-led), Eyes of Texas Partners, The Entrepreneur’s Fund.
Artificial Muscle Inc. Menlo Park, Calif. Develops a family of new actuators, motors, sensors, pumps, and generators for use in a variety of industrial, medical and consumer applications. An additional $5M in funding will follow later this year, assuming that the company meets certain milestones. Tech A $2.5 Vanguard Ventures, ARCH Venture Partners, NGEN Partners.
INVIDI Technologies Edmonton, Canada Develops technologies that can target delivery of TV content and ads. Tech A $12.0 Menlo Ventures (led), EnerTech Capital, Development Bank of Canada.
WideRay Corp. San Francisco, CA Provides targeted, on-demand, on-location Goguen joins the board. Wireless B $4.0 Sequoia Capital.