Week in deals, April 21, 2008

BIOTECH

Aileron Therapeutics

Cambridge, Mass.

www.aileronrx.com

Amount/Round: $10M/C

Investors: Apple Tree Partners, Novartis Venture.

Details: Develops cell-permeable peptide technology to help treat cancer.

Anaphore Inc.

San Diego

www.anaphoreinc.com

Amount/Round: $8M/NA

Investors: 5AM Ventures, Versant Ventures.

Details: Develops protein therapeutics. The company was formed recently via the acquisition of Danish biotech company Borean Pharma ApS.

Stemline Therapeutics Inc.

New York

www.stemline.com

Amount/Round: $12.5M/A

Investors: Pequot Capital Management.

Details: Develops oncology compounds directed to cancer stem cell targets.

CLEANTECH

Evolutionary Genomics

Louisville, Colo.

www.evolgen.com

Amount/Round: NA/NA

Investors: Altira Group.

Details: Develops new strains of biofuel feedstocks. Peter Edwards, partner at Altira, has joined the board.

6N Silicon Inc.

Mississauga, Ontario

www.6nsilicon.com

Amount/Round: $20M/B

Investors: Good Energies (led), Ventures West Management, Yaletown Venture Partners.

Details: Develops a manufacturing process to improve low-grade silicon for use in solar photovoltaics.

COMMUNICATIONS

Redfern Integrated Optics Inc.

Santa Clara, Calif.

www.rio-inc.com

Amount/Round: $7.5M/NA

Investors: Southern Cross Venture Partners, Tallwood Venture Capital, Jolimont Capital.

Details: Makes optical transmitters for the fiber optic sensing and communication markets. The company previously raised about $32M.

CONSUMER INTERNET

BuddyTV Corp.

Seattle

www.buddytv.com

Amount/Round: $6M/B

Investors: Madrona Venture Group.

Details: Operates a social network for television fans.

OLX Inc.

Sands Point Larchmont, N.Y.

www.olx.com

Amount/Round: $13.5M/B

Investors: General Catalyst Partners, Bessemer Venture Partners, Founders Fund, DN Capital.

Details: Operates an on-line classified and auction service focused on markets outside the United States. The company previously raised $9M in a Series A round in September from undisclosed investors.

Uber Inc.

Beverly Hills, Calif.

www.uber.com

Amount/Round: $5.5M/B

Investors: Universal Music Group, Sterling Stamos Co-Investors Fund.

Details: Operates a social networking startup. The company was co-founded by former Friendster CEO and NBC executive Scott Sassa. The funding is the first call down of a $7.6M Series B round, according to a regulatory filing.

ECOMMERCE

FrontStream Payments Inc.

Brentwood, Tenn.

www.frontstreampayments.com

Amount/Round: $16M/A

Investors: SSM Partners, Noro-Moseley Partners, Wakefield Group, Southpoint Capital and company management.

Details: Provides payment processing services.

ENERGY

Hyperion Power Generation Inc.

Santa Fe, N.M.

www.hyperionpowergeneration.com

Amount/Round: NA/NA

Investors: Altira Group.

Details: Manufactures nuclear hydride reactors.

GPS

Dash Navigation Inc.

Mountain View, Calif.

www.dash.net

Amount/Round: $30M/C

Investors: Crescendo Ventures, Kleiner Perkins Caufield & Byers, Sequoia Capital, Skymoon Ventures, ZenShin Capital Partners.

Details: Provides Internet-connected GPS devices for automobiles. The funding is the first call down of a $35M Series C round, according to a regulatory filing. The company has now raised more than $70M since 2005.

Rosum Corp.

Mountain View, Calif.

www.rosum.com

Amount/Round: $15M/B

Investors: TruePosition Inc. (subsidiary of Liberty Media), Charles River Ventures, Allegis Capital, Steamboat Ventures, KTB Ventures.

Details: Develops mobile positioning technology using broadcast television signals. The company has now raised more than $34M since 2003.

INTERNET

CoreXchange

Dallas

www.corexchange.com

Amount/Round: NA/NA

Investors: Red Barn Investments.

Details: Provides Internet bandwidth solutions and network infrastructure availability services. The company also secured a credit facility from Silicon Valley Bank.

Cuill

Menlo Park, Calif.

www.cuill.com

Amount/Round: $25M/B

Investors: Madrone Capital Partners.

Details: Develops search technology. The company previously raised an $8M Series A round from Tugboat Ventures and Greylock Partners.

StarCite Inc.

Philadelphia

www.starcite.com

Amount/Round: $15M/NA

Investors: Internet Capital Group, TPG Ventures, Norwest Venture Partners.

Details: Provides Internet solutions for meeting planning and events management. The company had previously raised about $36M.

LIGHTING

QD Vision Inc.

Watertown, Mass.

www.qdvision.com

Amount/Round: $9M/C

Investors: Highland Capital Partners, North Bridge Venture Partners, In-Q-Tel, OSI Ventures.

Details: Operates as a nanotech product company focused on the display and lighting markets. The funding is the first call down of a $16M round.

MARKETING

iBloks

San Francisco

www.ibloks.com

Amount/Round: $2M/C

Investors: Maveron.

Details: Develops technology that allows users to create customized online ads. The company, launched in August 2005, previously raised $3.5M in funding.

Visible World Corp.

New York

www.visibleworld.com

Amount/Round: $25M/C

Investors: Adams Street Partners, AllianceBernstein, Comcast Interactive Capital, Dawntreader Ventures, Grey Ventures, Leucadia National, Marketing Services Risk Surety, Time Warner and Viacom

Details: Provides customized television advertising. The company has now raised $61M since 2000.

MED TECH

NeoTract Inc.

Mountain View, Calif.

URL NA

Amount/Round: $7.4M/A

Investors: New Enterprise Associates.

Details: Medical device company focused on urological and gynecological disorders. The company previously raised about $14M.

Pathway Medical Technologies Inc.

Kirkland, Wash.

www.pathwaymedical.com

Amount/Round: $25M/C

Investors: HLM Venture Partners, Latterell Venture Partners, Oxford Bioscience Partners, Forbion Capital Partners, Giza Venture Capital.

Details: Develops medical devices intended for the treatment of arterial disease. The company has raised more than $80M since 1999.

SOFTWARE

Agentek

Alpharetta, Ga.

www.agentek.com

Amount/Round: $8M/NA

Investors: Edison Venture Fund.

Details: Develops mobile field force software solutions. This is the first institutional round of funding for the company, which was founded in 1995.

Central Desktop

Pasadena, Calif.

www.centraldesktop.com

Amount/Round: $7M/A

Investors: OpenView Venture Partners.

Details: Develops business collaboration software platforms. The funding is the first institutional round for the company, which was founded in 2005.

Gridstone Research

San Mateo, Calif.

www.gridstoneresearch.com

Amount/Round: $10M/B

Investors: Helion Venture Partners (led), Charles River Ventures, Maverick Capital.

Details: Develops analytics software for investment managers.

SignalDemand

San Francisco

www.signaldemand.com

Amount/Round: $20M/D

Investors: InterWest Partners (led), Hummer Winblad Venture Partners, General Catalyst, Catamount Ventures.

Details: Develops on-demand price and margin optimization software. The company has now raised about $41M since late 2004. Bruce Cleveland, a partner at InterWest Partners, has joined the board.

SpringCM

San Mateo, Calif.

www.springcm.com

Amount/Round: $10M/B

Investors: North Bridge Venture Partners (led), Foundation Capital.

Details: Develops on-demand document management and workflow solutions. The company also secured a $4M credit facility from Comerica Bank. The company raised an $8M Series A round in 2006 that was led by Foundation Capital. Jeffrey Beir, general partner at North Bridge Venture Partners, has joined the board.

WaveMaker Software

San Francisco

www.wavemaker.com.

Amount/Round: $4.5M/NA

Investors: Hummer Winblad Technology Partners, Worldview Technology Partners, Sippl Investments.

Details: Develops open-source visual tools for Web development. Roger Sippl, founder of Informix, has joined the board. The company, f.k.a. ActivGrid, has now raised about $17M since 2004.

STORAGE

Link A Media Devices Corp.

Santa Clara, Calif.

www.link-a-media.com

Amount/Round: $22M/B

Investors: AIG SunAmerica Ventures (led), KeyNote Ventures, NEC Electronics, Micron Technology, Seagate Technology.

Details: Provides data recovery and transport technologies for storage devices.

Nirvanix

San Diego

www.nirvanix.com

Amount/Round: NA/NA

Investors: European Founders Fund.

Details: Provides storage for media files, such as consumer video, audio, photographs and documents. The company previously raised about $29M from Intel Capital, Valhalla Partners, Windward Ventures and Mission Ventures.

ONStor Inc.

Campbell, Calif.

www.onstor.com

Amount/Round: $15M/F

Investors: Foundation Capital, Velocity Interactive Group, Mayfield, Worldview Technology Partners.

Details: Develops storage networking technology. The funding is the first call down of a $25M Series F round, according to a regulatory filing. The company has now raised about $140M since 2001.

Storwize

San Jose, Calif.

www.storewiz.com

Amount/Round: $19M/C

Investors: Bessemer Venture Partners, Lehman Brothers Venture Partners, Sequoia Capital.

Details: Provides online data compression solutions that add storage space on network storage environments.

VIDEO

Qik

San Mateo, Calif.

www.qik.com

Amount/Round: $3M/B

Investors: Individual investors Marc Benioff (Salesforce), Arjun Gupta (Telesoft Partners) and George Garrick (Jingle Networks).

Details: Provides video broadcasting services for mobile devices.

RGB Networks

Sunnyvale, Calif.

www.rgbnetworks.com

Amount/Round: $20M/D

Investors: Institutional Venture Partners (led), Accel Partners, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, Focus Ventures.

Details: Provides video processing and delivery technology. The funding was at a PMV of $200M. The company previously raised more than $32M, including a $20M Series C round in June 2006 at a PMV of $110M.

UStream.TV

Los Altos, Calif.

www.ustream.tv

Amount/Round: $11.1M/A

Investors: DCM (led), Band of Angels.

Details: Provides an interactive video broadcast platform. The company raised $300K in seed funding last year from Labrador Ventures.

VOIP

Jaxtr Inc.

Palo Alto, Calif.

www.jaxtr.com

Amount/Round: $6.4M/B

Investors: Lehman Brothers Venture Partners.

Details: Provides free VoIP services for users on social networks. The company had previously raised $10M in two funding rounds from August Capital, Draper Richards, Mayfield Fund, The Founders Fund and individual investors Ron Conway and Reid Hoffman.

Move Networks Inc.

American Fork, Utah

www.movenetworks.com

Amount/Round: $46M/C

Investors: Benchmark Capital (led), Cisco Systems, Comcast Interactive Media, Televisa, Hummer Winblad Venture Partners, Steamboat Ventures.

Details: Provides video-over-IP solutions.