Week in deals, Aug. 24, 2009

BIOTECH

Novomer Inc.

Ithaca, N.Y.

www.novomer.com

Amount/Round: $14M/C

Investors: OVP Venture Partners (led), Physic Ventures and Flagship Ventures.

Details: Develops biodegradable plastics, polymers and other chemicals from renewable substances. The company previously raised about $7M in funding.

Pacific Biosciences

Menlo Park, Calif.

www.pacificbiosciences.com

Amount/Round: $68M/E

Investors: Monsanto, the Wellcome Trust, Sutter Hill Ventures, Deerfield Management, Intel Capital, Morgan Stanley, Redmile Group, T. Rowe Price, Mohr Davidow Ventures, Kleiner Perkins Caufield and Byers, Alloy Ventures, Maverick Capital, AllianceBernstein, DAG Ventures, Teachers’ Private Capital and Blackstone Cleantech Venture Partners.

Details: Develops DNA gene sequencing platform. The company previously raised about $185M.

CONSUMER PRODUCTS

Expresso Fitness Corp.

Sunnyvale, Calif.

www.expresso.com

Amount/Round: $6M/D

Investors: Sierra Ventures, Physic Ventures and Enterprise Partners Venture Capital.

Details: Provides Web-enabled, interactive cardio fitness systems for health clubs. The company previously raised about $34M and a $7M working capital line from Silicon Valley Bank late last year.

ECOMMERCE AND FINANCIAL SERVICES

Edo Interactive

Nashville, Tenn.

www.edointeractive.com

Amount/Round: $8.5M/NA

Investors: Clayton Associates (led) and First Avenue Partners.

Details: Provides digital payment and marketing platforms. Matthew King of Clayton Associates and David Wilds of First Avenue Partners have joined the board.

Jambool Inc.

Seattle

www.jambool.com

Amount/Round: $5M/B

Investors: Madrona Venture Group (led) and Bay Partners.

Details: Provides a virtual micropayment program for online gaming. The company previously raised $1M in funding. The company was co-founded by CEO Vikas Gupta, who previously led the payments groups and oversaw Web services products at Amazon.com.

Mint

San Francisco

www.mint.com

Amount/Round: $14M/C

Investors: DAG Ventures (led), Benchmark Capital, Shasta Ventures, First Round Capital, Sherpalo Ventures, Felicis Ventures and Hite Capital.

Details: Provides online personal money management solutions. The company has now raised $31M in total VC funding.

PaymentOne

San Jose, Calif.

www.PaymentOne.com

Amount/Round: $7M/B

Investors: AER Investments.

Details: Provides online payment services.

EDUCATION

Teachscape

New York

www.teachscape.com

Amount/Round: $16M/C`

Investors: ABS Capital Partners.

Details: Provides development courses for teachers online. The company previously raised more than $27M in VC funding from Arcardia Partners, Sprout Group, Intel Capital, NewSchools Venture Fund, Quad Ventures and McGraw-Hill Ventures.

ELECTRICAL EQUIPMENT

Shocking Technologies Inc.

San Jose, Calif.

www.shockingtech.com

Amount/Round: $10M/B

Investors: Vista Ventures (led), ARCH Venture Partners, ATA Ventures and Balch Hill Partners.

Details: Develops voltage switchable dielectric materials. The company previously raised $7.1M in equity and $4M in venture debt.

HEALTH CARE

Pharmaca Integrative Pharmacy Inc.

Boulder, Colo.

www.pharmaca.com

Amount/Round: $6.5M/G

Investors: NA

Details: Operates a retail chain of integrative pharmacies. The funding is the first close of an $8.4M Series G round, according to a regulatory filing. The company previously raised about $44M from Highland Capital Partners, Highland Consumer Fund and Physic Ventures.

INTERNET

CrimeReports.com

Salt Lake City

www.crimereports.com.

Amount/Round: $7.2M/B

Investors: Austin Ventures (led) and vSpring Capital.

Details: Provides online crime-mapping solutions.

FanSnap

Palo Alto, Calif.

www.fansnap.com

Amount/Round: $5M/NA

Investors: Highland Capital Partners.

Details: Operates a search engine to compare prices of concerts and sports tickets. The company previously raised more than $10M from General Catalyst Partners, and is run by Mike Janes, former chief marketing officer of StubHub. Richard de Silva, general partner at Highland Capital, has joined the board.

InnoCentive Inc.

Waltham, Mass.

www.innocentive.com

Amount/Round: $7.3M/B

Investors: Spencer Trask Ventures.

Details: Provides an online collaboration forum for scientists and scientific companies. The company has now raised about $23M in funding from Spencer Trask, Omidyar Network and former parent company Eli Lilly & Co.

Workface Inc.

Minneapolis

www.businesscard2.com

Amount/Round: NA/A

Investors: Arthur Ventures.

Details: Provides online identity management solutions.

MED TECH

AdvanDx

Woburn, Mass.

www.advandx.com

Amount/Round: $8M/C

Investors: SLS Venture and LD Pensions.

Details: Develops molecular diagnostic products to treat bacterial infections.

Embrella Cardiovascular

Malvern, Pa.

www.embrella.net

Amount/Round: $1.6M/B

Investors: BioStar Ventures (co-led), MedFocus Fund (co-led) and Edwards Lifesciences Corp.

Details: Develops device for preventing dangerous debris from entering the brain during cardiovascular procedures. The funding brings the Series B round to $6.7M.

PHARMACEUTICALS

Adamas Pharmaceuticals

Emeryville, Calif.

www.adamaspharma.com

Amount/Round: $40M/D

Investors: Aeris Capital, Mohr Davidow Ventures, Northgate Capital Group, DAG Ventures and firstVentury GmbH.

Details: Develops treatments for central nervous system disorders and an anti-viral drug for flu pandemics. George Rehm of Aeris and David Mahoney, a private equity investor, have joined the board.

Constellation Pharmaceuticals Inc.

Cambridge, Mass.

www.constellationpharma.com

Amount/Round: $17.2M/B

Investors: Altitude Life Science Ventures, Third Rock Ventures, The Column Group and Venrock.

Details: Develops drugs that target selective regulators of epigenetic function. The company previously raised $32M. Constellation Pharma also announced that it has hired Mark Goldsmith as its new CEO. Goldsmith is the former CEO of Cogentus Pharmaceuticals, and most recently was senior executive-in-residence with Prospect Venture Partners.

Jennerex Inc.

San Francisco

www.jennerex.com

Amount/Round: $5.1M/C

Investors: NA

Details: Develops treatments for liver cancer and colorectal cancer. The funding represents a first close on the Series C round. A second close is expected to occur next month. The company raised $8.3M in Series B funding last September from an undisclosed investor.

Kolltan Pharmaceuticals Inc.

New Haven, Conn.

www.kolltan.com

Amount/Round: $40M/A

Investors: Purdue Pharma, HBM BioCapital and the Pritzker/Vlock family.

Details: Develops cancer therapeutics.

SECURITY

3VR Security Inc.

San Francisco

www.3vr.com

Amount/Round: $12M/D

Investors: Menlo Ventures.

Details: Provides searchable surveillance solutions using digital video recording. The company previously raised more than $30M in funding from DAG Ventures, Kleiner Perkins Caufield & Byers, In-Q-Tel and VantagePoint Venture Partners.

SEMICONDUCTORS

Advanced Inquiry Systems Inc.

Hillsboro, Ore.

www.advancedinquiry.com

Amount/Round: $11M/B

Investors: OVP Venture Partners, TL Ventures, Intel Capital, Applied Ventures, KT Ventures and Northwest Ventures.

Details: Makes wafer data sensing systems for semiconductor memory manufacturing. The company, f.k.a. Octavian Scientific Inc., has now raised about $27M in funding since 2005.

Analogix Semiconductor Inc.

Santa Clara, Calif.

www.analogix.com

Amount/Round: $10M/B

Investors: Keytone Ventures (led), DCM, Globespan Capital Partners, JAIC and Woodside Fund.

Details: Produces mixed-signal semiconductors. The company has now raised about $44M since 2002.

SOFTWARE

Apptio

Bellevue, Wash.

www.apptio.com

Amount/Round: $14M/B

Investors: Andreessen Horowitz Fund, Shasta Ventures, Greylock Partners and Madrona Venture Group.

Details: Develops on-demand IT financial management software. The company previously raised $7M in late 2007.

Wanova Inc.

San Jose, Calif.

www.wanova.com

Amount/Round: $13M/A

Investors: Greylock Partners, Carmel Ventures and Opus Capital.

Details: Develops desktop virtualization software. The company was co-founded by CEO and CTO Issy Ben-Shaul. The pair also co-founded Actona, which was acquired by Cisco.

Zendesk

Boston

www.zendesk.com

Amount/Round: $6M/B

Investors: Benchmark Capital (led) and Charles River Ventures.

Details: Provides software as a service help desk systems.

WIRELESS COMMUNICATIONS

Mobile Iron Inc.

Sunnyvale, Calif.

www.mobileiron.com

Amount/Round: $11M/B

Investors: Storm Ventures, Sequoia Capital, Norwest Venture Partners and Big Basin Ventures.

Details: Develops device management software.

NewPath Networks LLC

Seattle

www.newpathnetworks.net

Amount/Round: $10M/credit

Investors: Square 1 Bank

Details: Provides wireless infrastructure services. The company raised $30M in equity from Charterhouse Group and Meritage Funds earlier this year.