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Recently Announced Venture Capital Deals

Issuer Category Round # Amount (M) Lead Investors
Inimex Pharmaceuticals Vancouver *Note: Round is still open. Company is seeking $2M-$3M more. Makes drugs that use the human body’s innate immune response to treat disease. www.inimexpharma.com Drugs A $4.5 BDC Venture Capital, Canadian Medical Working Opportunities Fund (managed by GrowthWorks)
Radianse Inc. Lawrence, Mass. Makes RF ID tags and software to track “assets” (AKA patients, staff, medical devices and equipment) in hospitals and other health care facilities. www.radianse.com Health Care A $9.0 HLM Venture Partners (co-led), Partech International (co-led), Ascension Health Ventures
Akimbo Systems Inc. San Mateo, Calif. *Note: Company was recapped in 2002. Has raised $32M since 1999. KPCB Partner Will Hearst joins board as chairman. Makes box that allows users to watch video from Internet on TV www.akimbo.com Internet B $12.0 Kleiner Perkins Caufield & Byers (led), Draper Fisher Jurvetson, Sprout Group, Zone Ventures.
Kasenna Inc. *Note: Company didn’t disclose round. Raised at least four rounds totaling $45M previously. Markets Internet video services to service providers and others. to create IP video net works. www.kasenna.com Internet NA $15.0 Key Ventures (led), AsiaTech Management U.S. Venture Partners, Alloy Ventures, OM Technology Investments Partnership, Artiman Ventures, CIR Ventures, Entrepreneurs’ Fund.
Lightningcast Inc. Alexandria, Va. Makes broadband advertising software. B Round in 2000 gave company PMV of $50M. Founded in 1999. www.lightningcast.com Internet D $5.0 Global Internet Ventures, New Markets Growth Fund, Nokia Venture Partners Redleaf Group
Convio Inc. Austin, Texas Makes “relationship management software” to help nonprofits raise money via the Internet. FKA ShowSupport.com. Has raised $37M since its 1999 inception. www.convio.com Software D $15.0 Adams Street Partners (led), Austin Ventures, Granite Ventures, Silverton Partners
GridApp Systems Inc. New York Makes software that allows corporations to connect disparate databases and improve overall database performance. PE investor Advantage described the investment as “significant.” www.gridapp.com Software NA $0.0 Advantage Capital Partners
IE-Engine Inc. *Note: Company described round as “Series A,” but Thomson VE records show it has raised at least three previous rounds, including $2.5M at a PMV of $23.3M in September 2003. Has raised $21M in total VC since its inception in 1999. Makes software to manage HR costs. www.insurance-engine.com Software NA $3.5 Adams, Harkness Ventures, Kodiak Venture Partners, RBC Capital Partners
Orative Corp. San Jose, Calif. Makes software that adds functionality to cell phones to improve communication among business people in large corporations. Raised $6M Series A in June 2003. www.orative.com Software B $12.0 Trinity Ventures (led), Mayfield , Diamondhead Ventures
TeaLeaf Technology Inc. San Francisco Makes Web application management Software. Previously raised $36.1M. Founded in 1999. www.tealeaf.com Software D $10.0 Bay Partners (co-led), Foundation Capital (co-led), Matrix Partners (co-led) , JPMorgan Chase
XOsoft Inc. Burlington, Mass. Makes system recovery and data protection software to keep entreprise applications up and running. Has raised nearly $30M since its 1999 inception. www.xosoft.com Software D $9.0 JK&B Capital, others
AuthenTec Inc. Melbourne, Fla. Makes fingerprint sensors. It has raised $55M since its 1996 inception. www.authentec.com Security D $15.0 Carlyle Ventures (led), Sierra Ventures, Harris Corp., Texas Instruments, Advantage Capital, Stonehenge/Bank One, Newlight Associates, Firsthand Technology, Knickerbocker
ArcWave Inc. Campbell, Calif. Sells wireless broadband connectivity to cable operators to extend the reach of their networks. Part of a growing number of so-called WiMax startups. Company was created in April 2003 through merger of CoWave Networks and Advanced Radio Cells Inc. Total funding to date is $28M. www.arcells.com Telecom D $8.0 Vulcan Capital (lead), Comcast Interactive Capital, Mayfield, Venrock Associates, SBV Venture Partners
Broadlight Inc. Mountain View, Calif. * Note: This was the second tranche of a Series C round that totaled $17.9M. Provides semiconductors, software and transceivers for fiber-to-the-premises (FTTP) deployments. Azure GP Paul Weinstein joins board. www.broadlight.com Telecom C $4.4 Azure Capital
OnFiber Communications Inc. Austin, Texas Makes fiber-optic networks that serve metropolitan areas. It has raised over $150M since its 1999 inception.Raised a $127M Series B in in 2000 at a PMV of $440M. www.onfiber.com Telecom C $12.0 Kleiner Perkins Caufield & Byers, Bear Stearns Merchant Banking, Telesoft Partners
TransDimension Inc. Irvine, Calif. Makes embedded and mobile connectivity technology. www.transdimension.com Wireless F $7.2 VantagePoint Venture Partners, iSherpa Capital