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Recently Announced Venture Capital Deals

Issuer Category Round Amount (M) Lead Investors
Essentia Biosystems Inc. Mountain View, Calif. Develops drugs focused on dermatology. Biotech B $13.0 Essex Woodlands Health Ventures (led), BioAsia Investments, Technology Partners, company management, unnamed investors.
Imagine Pharmaceuticals Inc. San Diego Developing new treatments for brain cancer. Biotech A $3.7 Forward Ventures (led), Domain Associates, RCT Bioventures West.
Medmark Inc. Pittsburgh, Penn. Develops specialty pharmaceuticals. Round included buyout and growth capital. Biotech A $28.6 LLR Partners Inc., Quaker BioVentures.
Calient Networks Inc. San Jose, Calif. Provides photonic switching systems and software. Funding brings the Series D to $35M after the company held a $20M first close of $20M in November. Calient has raised about $280M since its 1999 inception, including a $195M deal in 2001 at a PMV of $975M. Comm D $15.0 Wall Street Technology Partners, DuPont Capital Management, Enterprise Partners, Venture Capital, TeleSoft Partners,Sofinnova Ventures.
STM Power Inc. Ann Arbor, Mich. Makes power generation systems. in 2001, company raised $25M from multiple investors at a PMV of $79M. Energy B $29.6 VantagePoint Venture Partners (led), Nth Power, CDP Capital Technology Ventures, Sempra Energy, Smart Technology Ventures.
Airborne Entertainment Montreal Provides video games for wireless devices. Has raised about $10M since 2000. Gaming B $2.2 Wellington Financial.
MedManage Systems Inc. Bothell, Wash. Provides data management software to track prescription sales and data. Company has raised more than $28M since 2001. Health Care C $6.0 Versant Ventures (led), Lilly Ventures, Prism Venture Partners.
Ikanos Communications Inc. Fremont, Calif. Provides broadband delivery for Internet backbone infrastructure. Company has raised more than $95M to date. Internet E $15.0 Copan (led), PMC-Sierra Inc., Greylock, Intel Capital, JPMorgan Partners, Ridgewood Capital, Sequoia Capital, Telesoft Partners, TL Ventures, Walden International, VentureTech Alliance (an affiliate of Taiwan Semiconductor Manufacturing Co.).
Fusepoint Managed Services Inc. Toronto, Canada Provides outsourced IT services. Company raised $20M in 2001. Internet B $10.0 M/C Venture Partners.
The FeedRoom Inc. New York Provides a broadband news network. Company has raised more than $50M, including a $30M Series B in 2000 at a PMV of $75M. Media D $5.0 BEV Capital, Warburg Pincus, Constellation Ventures, Ridgewood Capital, Circle-T Partners, New York City Investment Fund.
WeatherBug Gaithersberg, Md. Provides weather information software used in newscasts and on Web sites. Funding secured by WeatherBug’s parent company AWS Convergence Technologies. Michael Moritz of Sequoia and Alan Spoon of Polaris join the AWS board. Company raised $15M Series A in 2000. Media B $23.0 Sequoia Capital, Polaris Ventures, HarbourVest.
Novasys Medical Inc. Newark, Calif. Develops novel treatments of female pelvic disorders. Company has raised more than $41M since 1998, including a $13M Series B in 2001 at a PMV of $21M. Med tech C $25.0 JPMorgan Partners (co-led), Invesco Private Capital (co-led), Delphi Ventures, Onset Ventures, Alloy Ventures, Affinity Capital Management, GBS Venture Partners.
WholeSecurity Inc. Austin, Texas Develops software to protect users from online identity theft. Company has raised more than $20M since 2003. Security B $10.0 Parker Price Venture Capital (led), New Enterprise Associates, Venrock Associates, Trellis Partners.
Dexterra Inc. Bothell, Wash Provides enterprise software and services. Company has raised $22M to date. Software B $16.0 Canaan Partners (led), Motorola Ventures, Intel Communications Fund, Sigma Partners, Sagus Capital.
Innoprise Software Orlando, Fla. Develops software focused on solutions for the utility and local government markets. Software A $4.0 ArrowPath Venture Partners.
Ketera Technologies Santa Clara, Calif. Develops software to manage corporate spending. John Dillon, former president and CEO of Salesforce.com, joins the board. Software C $10.0 Integral Capital Partners, Foundation Capital, Kleiner Perkins Caufield & Byers.
MontaVista Software Sunnyvale, Calif. Distributes and supports the Linux operating system. Company has raised more than $70M since 1999, including a $25M infusion in late 2001 at a PMV of $72M. Software D $7.0 Siemens Venture Capital (led), Samsung Ventures America, Infineon Ventures, China Development Industrial Bank.
Onaro Inc. Boston Provides storage networking software. Trevor Kienzle of Newbury Ventures joins the Onaro board. Software B $7.8 Newbury Ventures (led), Cedar Fund.
Proficiency Inc. Malborough, Mass. Software D $12.0 Ampersand Ventures (led), Carmel Ventures, Charles River Ventures, Concord Ventures, Eucalyptus Ventures, Genesis Partners, Koor Corporate Venture Capital, Pitango Venture Capital.
Tacoda Systems New York Provides enterprise software. Investors included Fred Wilson, founding partner of Union Square Ventures. Software B $7.0 Masthead Venture Partners, angel investors.
Five9 Inc. Emeryville, Calif. Provides hosted contact center solutions for customer interaction management. Tech A $5.0 Hummer Winblad Venture Partners, Mosaic Venture Partners.
Lighthouse Communications Inc. Des Moines, Iowa Provides data communication services, such as firewall protection, email and Web conferencing. Tech B $5.0 Iowa Farm Bureau Federation, Equity Dynamics, Principal Financial Group.
Yulex Corp. Carlsbad, Calif. Develops natural rubber latex. Funding caps the Series B at $4.5M. Tech B $2.5 Argonaut Private Equity.
Optasite Inc. Worcester, Mass. Provides software and services to support wireless infrastructure. Capital will be used to develop and acquire wireless tower assets. Wireless A $10.0 Columbia Capital, Highland Capital Partners, Centennial Ventures, Village Ventures, TSG Equities, Worcester Capital Partners, Long River Ventures, Mass Ventures, Berkshire Capital Ventures, company management.
Pulse~Link Inc. San Diego Provides ultra-wide band technologies. Wireless D $30.0 Mobile Telecommunications Co., National Investment Co., Jamson Holdings, unnamed public companies.
Sapias Inc. San Francisco Provides wireless database to manage enterprise fleets. Company has raised more than $14M to date. Wireless C $8.0 Alloy Ventures (co-led), Hummer Winblad Venture Partners (co-led), Catamount Ventures, Garage Technology Ventures.