Recently Announced Venture Capital Deals

Issuer Round Close Round # Amount (M) Lead Investors
AmpliMed Corp. Tucson, Ariz. Develops cancer chemotherapies. Company has raised nearly $15M since last year. Biotech C $9.2 Solstice Capital, Valley Ventures, Village Ventures.
Panacos Pharmaceuticals Inc. Gaithersburg, Md. Develops drugs and vaccines that target HIV. Company has raised more than $26M since 2000, including a $5M infusion in 2002 at a PMV of $10M. Biotech C $18.3 Ampersand Ventures (co-led), A.M. Pappas (co-led), The Maryland Department of Business and Economic Development, Mitsui & Co. Venture Partners, Novo A/S,New England Partners Capital, William Harris Investors, Lakeview Capital Management.
NetCell Corp. San Jose, Calif. Fabless semiconductor company develops multiple channel RAID capability on a PC chip. Bob Ackerman of Allegis and Len Rand of Granite Ventures join the board. Chips B $13.7 Granite Ventures (co-led), Allegis Capital (co-led), August Capital, APV Technology Partners.
Xanoptix Inc. Merrimack, N.H. Provides 3-D semiconductor integration and high-density parallel optics. Company has raised over $85M since its 2000 inception. Chips C $15.2 William Blair Capital Partners, EuclidSR Partners, Envest Ventures, Optical Partners.
Broadband National Inc. Vero Beach, Fla. Provides broadband services. No additional information was disclosed. Comm A $1.4 NA
CABC Inc. Dallas Provides digital media and online delivery solutions for communications. Company has raised $25M since 1999. Comm G $10.0 HO2 Partners, SAP Ventures, WaldenVC.
Last Mile Connections Inc. New York Provides last-mile transport solutions for telecom carriers. Company has raised $41M since its 2001 inception. Comm C $28.0 One Equity Partners.
Silverlink Communications Inc. Burlington, Mass. Provides voice applications for the health care industry. Peter Grua, managing partner of HLM, joins the company’s board. See story, page 3. Comm B $5.6 HLM Venture Partners (led), Sigma Partners, company management.
Disc Dynamics Inc. Eden Prairie, Minn. Provides electronic medical records software. Funding is company’s first institutional funding, although Greenway raised more than $50M from individual investors. Health Care D $24.0 Unnamed strategic investor (led), Affinity Capital Management, St. Paul Venture Capital, Pequot Capital, Brightstone Capital.
Greenway Medical Technologies Inc. Carrollton, Ga. Provides electronic medical records software. Funding is company’s first institutional funding, although Greenway raised more than $50M from individual investors. Health Care A $20.0 Investor Growth Capital.
TrustWave Corp. Phoenix Provides security assessment and compliance solutions. Security A $10.0 FTVentures.
PathScale Inc. Sunnyvale, Calif. Makes servers based on Linux technologies. Company has raised $29M since its 2001 inception, including a $12.5M Series B in 2003 at a PMV of $17M. Servers C $15.0 Adams Street Partners (led), Charles River Ventures, Enterprise Partners Venture Capital, CMEA Ventures, ChevronTexaco Technology Ventures, the Dow Employees Pension Plan.
RLX Technologies Inc. The Woodlands, Texas Provides high-density, low-power, server platforms. Company has raised about $90M since 2001, including a $40M Series A infusion in 2000 at a PMV of $140M. Servers D $12.0 ABS Capital Partners (led), Austin Ventures, GM Capital Partners, Soros Private Equity Investors, Sternhill Partners, Ignition LLC, ComVentures, Erwin Investments, Cockrell Investment Partners.
EMIDA Technologies Miami Provides electronic transactional networks and services. Software B $5.0 GRP Partners, Richard L. Scott Investments.
Encover Inc. Mountain View, Calif. Provides sales service automation software. Company has raised around $18M since its 2000 inception. Software C $11.0 DCM-Doll Capital Management (led), Sigma Partners.
IMlogic Inc. Waltham, Mass. Provides instant messaging software. Vladimir Jacimovic of Crosslink joins the board. Company has raised $33M since 2002 Software C $16.0 Crosslink Capital (led), Venrock Associates, Goldman Sachs, General Catalyst Partners, Kodiak Venture Partners.
Indicative Software Fort Collins, Colo. Developes enterprise software. See story, page 7. Software A $6.1 Sequel Partners, Sutter Hill Ventures.
ManageStar Inc. Walnut Creek, Calif. Provides an online system for property and facility managers to procure services. Company has raised $35M since 2000. Software F $12.0 Charter Venture Capital, Dominion Ventures, Foundation Capital.
MAP ROI Systems Inc. Sterling, Va. Develops Web-based management solutions for government contractors. Software A $2.6 Novak Biddle Venture Partners.
Systinet Corp. Cambridge, Mass. Provides Web services infrastructure software. Company has raised about $40M since 2001. Software F $10.5 Warburg Pincus.
DiskSites Ltd. Tenafly, N.J. Provides an Internet storage service. Company has raised about $9M since 2000. Storage C $3.5 Tamir-Fishman Ventures, Proseed.
Ivivity Inc. Atlanta Provides storage networking system technology. Company has raised more than $52M since 2000. Storage C $26.0 Grotech Capital Group (co-led), JK&B Capital (co-led), Mellon Ventures, H.I.G. Ventures, Commonwealth Capital Ventures, Kinetic Ventures, Cordova Ventures,Yamacraw, Bergman & Associates.
Cyclics Corp. Schenectady, N.Y. Makes plastics. Company has raised more than $33M in equity and loans from angel investors since its 1999 inception. Tech A $4.0 Unnamed angel investors.
Zebra Imaging Inc. Austin, Texas Provides holographic imaging. Company has raised $24M since 1996 from Ford Motor Co., Dupont and Nicholas Negroponte, founder of the MIT Media Lab. Tech D $10.1 Sierra Ventures (led), Voyager Capital, Stanford University, Nuevo Private Equities, Spaulding Investment, unnamed individual investors.
Berkana Wireless Inc. Campbell, Calif. A fabless semiconductor company that provides silicon solutions for wireless connectivity. Company originally raised $12.8M in Series B in December 2002. Wireless B $9.0 Hotung Capital Management, unnamed return backers.
Good Technology Inc. Sunnyvale, Calif. Provides wireless messaging and corporate data access. Company has raised about $150M since 2000, including $37M in two rounds last year. Wireless D $45.0 Crosslink Capital (led), BA Venture Partners, Benchmark Capital, Kleiner Perkins Caufield & Byers.
Sirific Wireless Corp. Santa Rosa, Calif. Provides single-chip wireless devices. Company has raised $37M since 2000. See story, page 3. Wireless C $17.0 TD Capital Ventures (led), Intel Communications Fund, Agilent Technologies, Celtic House, BDC Venture Capital, GrowthWorks WV Funds.
Sendia Corp. Santa Monica, Calif. Develops software for wireless enterprise communications. See story, page 7. Wireless A $4.5 Globespan Capital Partners (co-led), Mobius Venture Capital (co-led), Orion Wireless Investor, Digital Evolution.