Week in deals, Aug. 18, 2008

CHIPS

SliceX

San Jose, Calif.

www.slicex.com

Amount/Round: $15M/B

Investors: Crosslink Capital (led), BlueRun Ventures, Global Catalyst Partners.

Details: Develops low-power analog and mixed-signal chips. The company previously raised a $10M Series A round in 2006.

CLEANTECH

Ausra

Palo Alto, Calif.

www.ausra.com

Amount/Round: $25.4M/C

Investors: Khosla Ventures, Kleiner Perkins Caufield & Byers, KERN Energy Partners Management.

Details: Develops solar electric power parks. The company has now raised more than $68M since early 2007.

Marrone Organic Innovations Inc.

Davis, Calif.

www.marroneorganicinnovations.com

Amount/Round: $10M/B

Investors: Stuart Mill Venture Partners (led), Contrarian Group, One Earth Capital, Saffron Hill Ventures, Clean Pacific Ventures, Wavepoint Ventures.

Details: Makes environmentally responsible weed, plant disease and pest management. Lawrence Hough, managing director of Stuart Mill and former president and CEO of Sallie Mae, and Ranjeet Bhatia from Saffron Hill Ventures, have joined the board.

ReCellular

Dexter, Mich.

www.recellular.com

Amount/Round: $15M/A

Investors: Investor Growth Capital.

Details: Provides cell phone recycling services. Noah Walley and Albert Kim, of Investor Growth Capital, have joined the board.

Simbol Mining

Pleasanton, Calif.

www.simbolmining.com

Amount/Round: $6.7M/A

Investors: Mohr Davidow Ventures, Firelake Capital.

Details: Develops clean lithium extraction processes. Lithium carbonate, a key component of batteries for electric vehicles and energy storage technology. The company was founded by three former Lawrence Livermore National Laboratory geochemists. Mohr Davidow Partner Josh Green has joined the board.

CONSUMER GOODS

NextFoods

Boulder, Colo.

www.goodbelly.com

Amount/Round: $16M/NA

Investors: Maveron.

Details: Produces GoodBelly probiotic fruit drinks.

CONSUMER INTERNET

Real Travel Inc.

Los Altos, Calif.

www.realtravel.com

Amount/Round: $800K/C

Investors: Thomvest International, Maples Investments.

Details: Operates a travel information website. The company has now raised about $2.3M since late 2006.

ScanCafe

San Francisco

www.ScanCafe.com

Amount/Round: $4M/B

Investors: Sigma Partners.

Details: Provides photo scanning and restoration services.

ECOMMERCE

nTelagent Inc.

Nashville, Tenn.

www.ntelagent.com

Amount/Round: $1.7M/E

Investors: Burch Investment Group.

Details: Provides retail payment management software for the health care industry. Marty Rash, founder and former chairman and CEO of Province Healthcare Co., was an early investor in the company.

SaftPay

Miami Beach, Fla.

www.saftpay.com

Amount/Round: $6M/A

Investors: EspĂ­rito Santo Ventures.

Details: Operates as an online payment facilitator and clearinghouse for shoppers, merchants and banks.

EDUCATION

Knowledge Adventure

Torrance, Calif.

www.knowledgeadventure.com

Amount/Round: $5M/B

Investors: Azure Capital, TeleSoft Partners.

Details: Develops educational multimedia software for children between the ages of 8 to 15. The company was founded in 1991 and had been previously raised funding from Stanford University, Mayfield Fund, Mohr Davidow Ventures and other investors.

ENERGY

ThermaSource

Santa Rosa, Calif.

www.thermasource.com

Amount/Round: $41.5M/NA

Investors: Rustic Canyon Partners, Riverstone Holdings, US Renewables Group.

Details: Provides drilling, engineering and consulting services to the geothermal energy sector. The company has now raised $93M in debt and private equity funding.

HEALTH CARE

PatientKeeper Inc.

Newton, Mass.

www.patientkeeper.com

Amount/Round: $7.5M/F

Investors: Frazier Healthcare Ventures, Whitney & Co., New Enterprise Associates.

Details: Provides health care professionals with software and services to manage patients. The company has now raised more than $75M in total VC funding since 1999.

INTERNET

Lijit Networks Inc.

Louisville, Colo.

www.lijit.com

Amount/Round: $7.1M/C

Investors: Foundry Group (led), Boulder Ventures, High Country Venture.

Details: Provides search tools and statistics for blogs. The company previously raised more than $3.3M.

MARKETING

Intelligent Beauty Inc.

El Segundo, Calif.

www.ibinc.com

Amount/Round: $30.5M/B

Investors: Technology Crossover Ventures.

Details: Provides Internet marketing services for beauty products. The funding brings TCV’s total commitment to the company up to about $43M.

Magnify360

Los Angeles

www.magnify360.com

Amount/Round: $2.5M/A

Investors: MHS Capital.

Details: Provides behavioral marketing services.

MED TECH

Follica Inc.

Boston

www.follicabio.com

Amount/Round: $11M/B

Investors: Polaris Venture Partners (led), InterWest Partners, 1PureTech Ventures.

Details: Develops treatments for hair loss. The company had raised a $5.5M Series A round in early 2007. G. Kirk Raab, former CEO Genentech, has been named chairman and Dr. Kevin Bitterman, principal at Polaris Venture Partners, has joined the board.

GluMetrics Inc.

Irvine, Calif.

www.glumetrics.com

Amount/Round: $20M/C

Investors: New Leaf Venture Partners, Versant Ventures, Advanced Technology Ventures.

Details: Develops glucose monitoring devices. The company raised $9M from Advanced Technology Ventures in July 2006.

MEDIA

1Cast

Kirkland, Wash.

www.1cast.com

Amount/Round: NA/A

Investors: Eagle River Holdings.

Details: Provides video news feeds online and on mobile devices. The company expects to launch a beta version later this year.

NANO TECHNOLOGY

RF Nano Corp.

Newport Beach, Calif.

www.rfnano.com

Amount/Round: $8M/B

Investors: Oxantium Ventures (led), Okapi Ventures.

Details: Develops carbon nanotube analog electronics. The company previously raised $3M in funding from Okapi Ventures.

PHARMACEUITICALS

Anthera Pharmaceuticals Inc.

San Mateo, Calif.

www.anthera.com

Amount/Round: $19M/NA

Investors: Caxton Advantage Life Sciences Fund (co-led), HBM BioCapital (co-led), VantagePoint Venture Partners, Sofinnova Ventures, Pappas Ventures, Mitsubishi International Corp.

Details: Develops anti-inflammatory drugs. The company has now raised about $75M in total VC funding. Rachel Leheny, managing director of Caxton Advantage Venture Partners, has joined the board.

Neuron Systems Inc.

Burlington, Mass.

URL NA

Amount/Round: $9M/A

Investors: Domain Associates, Johnson & Johnson Development Corp.

Details: Develops drug to treat retinal diseases.

Tetraphase Pharmaceuticals Inc.

Watertown, Mass.

www.tetraphasepharma.com

Amount/Round: $15M/A

Investors: Mediphase Venture Partners, CMEA Ventures, Fidelity Biosciences, Flagship Ventures, Skyline Ventures.

Details: Develops antibiotics to treat drug resistant bacterial infections. The funding brings the Series A round to $25M. The initial close came in 2006.

RETAIL

Red Mango

Los Angeles

www.redmangousa.com

Amount/Round: $12M/A

Investors: CIC Partners and individual investor John Antioco.

Details: Operates frozen yogurt shops. The company, founded in 2002 in South Korea, has operated in the United States since July 2007. Investor Antioco, the former CEO of Blockbuster, Taco Bell and Circle K, will serve as company chairman.

SECURITY

Applied Identity

San Francisco

www.appliedidentity.com

Amount/Round: $10M/C

Investors: ABS Ventures, Bay Partners, Globespan Capital Partners, OVP Venture Partners, Sigma Partners.

Details: Provides enterprise IT security. The funding is the first close of a $15.3M Series C round. The company has now raised more than $34M since 2004.

SOFTWARE

Clarabridge

Reston, Va.

www.clarabridge.com

Amount/Round: $12M/C

Investors: Grotech Ventures (led), Harbert Venture Partners, Boulder Ventures, Intersouth Partners.

Details: Develops text-mining software. The company has now raised $22.5M since 2006.

FolioDynamix

New York

www.foliodynamix.com

Amount/Round: $7.5M/NA

Investors: Edison Venture Fund.

Details: Develops software for the wealth management market.

Marketbright

San Bruno, Calif.

www.marketbright.com

Amount/Round: NA/A

Investors: Greycroft Partners, Knight’s Bridge Capital Partners.

Details: Develops software-as-a-service tools for marketing automation.

Marketo

San Mateo, Calif.

www.marketo.com

Amount/Round: $8M/B

Investors: Storm Ventures (led), InterWest Partners.

Details: Develops lead management software for marketing professionals.

Recommind Inc.

San Francisco

www.recommind.com

Amount/Round: $7.5M/B

Investors: Kennet Capital.

Details: Provides enterprise management software.

RoyaltyShare Inc.

San Diego

www.royaltyshare.com

Amount/Round: NA/B

Investors: William Morris Agency.

Details: Develops software for the accounting of royalty payments via the Internet. This is the third tranche of the Series B round, following $9M worth of past infusions from Trident Capital and Bertelsmann Digital Media Investments.

TRANSPORTATION

Segway

Bedford, N.H.

www.segway.com

Amount/Round: $5M/D

Investors: NA

Details: Makes two-wheeled transportation devices. The funding is the first close of a proposed $14M Series D round, according to a regulatory filing. The company has raised about $176M since 2000.

VIDEO

Nokeena Networks

Menlo Park, Calif.

www.nokeena.com

Amount/Round: $8.7M/A

Investors: Clearstone Venture Partners (co-led), Trinity Ventures (co-led) and individual investors B.V. Jagadeesh (CEO of 3Leaf Systems), Raj Singh (Redwood Venture Partners) and Rajeev Motwani (Stanford University computer science professor).

Details: The startup provides video delivery technology.

TokBox

San Francisco

www.tokbox.com

Amount/Round: $10M/B

Investors: Bain Capital Ventures (led), Sequoia Capital.

Details: Develops a video communication service that allows users to talk face-to-face online.

Vidyo Inc.

Hackensack, N.J.

www.vidyo.com

Amount/Round: $3M/B

Investors: Rho Ventures, Sevin Rosen Funds.

Details: Provides video conferencing technology. The company has now raised $20.8M in total VC funding, including a $12.8M Series B infusion in the summer 2007.