Week in deals, Aug. 31, 2009

BIOTECH

Complete Genomics Inc.

Mountain View, Calif.

www.completegenomics.com

Amount/Round: $45M/D

Investors: Essex Woodlands Health Ventures and OrbiMed Advisors were joined by return backers Enterprise Partners Venture Capital, OVP Venture Partners, Prospect Venture Partners and Highland Capital Management.

Details: Develops human genome sequencing company. The company has now raised more than $90M in total VC funding since 2006.

Liquidia

Morrisville, N.C.

www.liquidia.com

Amount/Round: $7M/C

Investors: Canaan Partners (led), Pappas Ventures, New Enterprise Associates and Firelake Capital.

Details: Develops plastics materials for the life sciences and advanced materials market. Existing shareholder the Wakefield Group did not participate in the Series C round.

CLEANTECH

Amyris Biotechnologies Inc.

Emeryville, Calif.

www.amyrisbiotech.com

Amount/Round: $25M/C

Investors: Khosla Ventures, Kleiner Perkins Caufield & Byers, DAG Ventures and TPG Biotech.

Details: Develops synthetic biology technology for renewable hydrocarbon biofuels. The funding was the first close of a $62M Series C round, according to a regulatory filing. The company previously raised more than $120M.

Southwest Windpower Inc.

Flagstaff, Ariz.

www.windenergy.com

Amount/Round: NA/D

Investors: PCG Clean Energy, Technology Fund, Altira, GE Energy Financial Services, NGP Energy Technology Partners and Rockport Capital Partners.

Details: Makes residential-scale wind generators. Southwest Windpower previously raised about $28M, including a $10M infusion in the past spring.

Tuusso Energy

Seattle

WWW.tuusso.com

Amount/Round: $2M/NA

Investors: Pivotal Investments (led) and Akula Energy Ventures.

Details: Develops utility-scale solar projects in the Western U.S.

COMMUNICATIONS

ClearAccess

Vancouver, Wash.

www.clearaccess.com

Amount/Round: $6M/B

Investors: Blade Ventures (co-led), Buerk Dale Victor (co-led) and DFJ Frontier.

Details: Provides broadband device management and data services.

Crescendo Network

Menlo Park, Calif.

www.crescendonetworks.com

Amount/Round: $5M/D

Investors: Trilogy Equity Partners, Evergreen Venture Partners, Apax Partners, StageOne Ventures and Challenge Fund.

Details: Develops Web application acceleration technology. The company, previously based in Israel, has now raised about $41.2M in funding.

CONSUMER GOODS

29 Luxury Goods Inc.

Atlanta

www.29cosmetics.com

Amount/Round: $1.4M/NA

Investors: Williams Venture Partners.

Details: Provides cosmetics and skin care products.

CONSUMER INTERNET

Fanbase

San Francisco

www.fanbase.com

Amount/Round: NA/NA

Investors: Benchmark Capital.

Details: Operates an online almanac of pro and college athletes.

Polyvore Inc.

Mountain View, Calif.

www.polyvore.com

Amount/Round: $5.6M/B

Investors: Matrix Partners (led), Benchmark Capital and Harrison Metal Capital.

Details: Operates an online user-generated fashion magazine.

GAMING

Smith & Tinker Inc.

Bellevue, Wash.

www.smithandtinker.com

Amount/Round: $29M/B

Investors: DCM (led), Alsop Louie Partners, Foundry Group, Leo Capital Holdings and Vulcan Capital.

Details: Develops hybrid online/tapletop games. Alsop Louie Partners provided the seed round investment in Smith & Tinker in fall 2007. Founding Partner Gilman Louie is the former chairman of video game maker Spectrum Holobyte.

Z2Live

Seattle

www.Z2Live.com

Amount/Round: $3M/NA

Investors: Madrona Venture Group.

Details: Develops a mobile multiplayer game platform. The company had raised $1M in seed funding from Madrona last fall.

INTERNET

JanRain

Portland, Ore.

www.janrain.com

Amount/Round: $3M/A

Investors: DFJ Frontier.

Details: Provides OpenID platform solutions for website operators. DFJ Frontier Managing Director David Cremin has joined the board.

RockMelt

www.rockmelt.com

Amount/Round: NA/seed

Investors: Andreessen Horowitz.

Details: Develops a quasi-independent desktop client for Facebook. Marc Andreessen has joined the board of the company. The company was co-founded by Eric Vishria and Tim Howes, who, together with Andreessen, previously helped to launch Opsware Inc.

Zumbox

Westlake Village, Calif.

www.zumbox.com

Amount/Round: $8M/A

Investors: Individual investors include Art Bilger (Shelter Capital Partners), Rick Braddock (Chairman and CEO of Fresh Direct and former chairman and CEO of Priceline.com), Michael Eisner (founder of The Tornante Co. and former CEO of The Walt Disney Co.), Bill Guthy (founding principal of Guthy-Renker) and Donn Rappaport (CEO of Zumbox and founder and chairman of ALC).

Details: Develops a paperless postal system.

INTERNET MARKETING

Tremor Media

New York

www.tremormedia.com

Amount/Round: NA/NA

Investors: SAP Ventures.

Details: Operates an online video advertising network. The company previously raised about $40M over three rounds of funding, including an $18M infusion earlier this year, from Meritech Capital Partners, Canaan Partners, Masthead Venture Partners and European Founders Fund.

MED TECH

Barosense Inc.

Redwood City, Calif.

www.barosense.com

Amount/Round: $27M/D

Investors: Pappas Ventures (led), Delphi Ventures, Frazier Healthcare Ventures, Invesco Private Capital, RWI Ventures, Synergy Life Science Partners and Wharton Ventures.

Details: Develops minimally invasive devices to treat obesity. The funding is the first close of a $30M Series D round, according to a regulatory filing. The company previously raised about $26M, and said that this round could help push its device onto the market by the end of 2010.

Cadent

Carlstadt, N.J.

www.cadentinc.com

Amount/Round: $15M/NA

Investors: Fortissimo Capital (led), Apax Partners, Panorama Capital, STAR Ventures and SV Life Sciences.

Details: Develops 3D digital solutions for the orthodontic and dental markets.

Coherex Medical Inc.

Salt Lake City

www.coherex.com

Amount/Round: $16.5M/B

Investors: Oxford Bioscience Partners (co-led), vSpring Capital (co-led) and Tullis Health Investors

Details: Develops medical devices that can help close certain heart defects.

PHARMACEUTICALS

Gloucester Pharmaceuticals

Cambridge, Mass.

www.gloucesterpharma.com

Amount/Round: $29M/D

Investors: Novo AS (led), Apple Tree Partners, ProQuest Investments, Prospect Venture Partners and Rho Ventures.

Details: Develops oncology drugs. The company had previously raised more than $100M in funding. Thomas Dyrberg, senior partner at Novo Ventures, has joined the board.

Union Springs Pharmaceuticals

Union, Ky.

www.ClynsBrands.com

Amount/Round: $5M/A

Investors: Blue Chip Venture Co.

Details: Develops germ defense products for first responders.

SEMICONDUCTORS

Plextronics Inc.

Pittsburgh

www.plextronics.com

Amount/Round: $12M/NA

Investors: The Solvay Group.

Details: Develops active-layer technology for printed electronic devices. The company previously raised about $44M from Solvay, Firelake Capital, Birchmere Ventures, Draper Triangle Ventures and Newlin Investment Co.

Syndiant

Dallas

www.syndiant.com

Amount/Round: $10.7M/B

Investors: Texas Emerging Technology Fund and individual investors.

Details: Develops light modulating chips used in ultra-portable projectors.

SOFTWARE

Appfolio Inc.

Goleta, Calif.

www.appfolio.com

Amount/Round: $8M/C

Investors: NA

Details: Provides online property management solutions. The company previously raised about $22M in funding from BV Capital, Cisco, the Investment Group of Santa Barbara and individual investors.

Approva Corp.

Reston, Va.

www.approva.net

Amount/Round: $14M/NA

Investors: Columbia Capital, New Enterprise Associates, Novak Biddle, Sierra Ventures and Gold Hill Capital.

Details: Develops continuous controls monitoring software. The company previously raised about $30M.

Boxee Inc.

New York

www.boxee.tv

Amount/Round: $6M/B

Investors: General Catalyst Partners (led), Spark Capital and Union Square Ventures.

Details: Develops a social media center. The company previously raised $4M in funding.

CoverItLive

Toronto

www.coveritlive.com

Amount/Round: NA/NA

Investors: Demand Media.

Details: Develops live social event software. Investor Demand Media is a Santa Monica, Calif.-based provider of distributed social media. Demand Media backers include 3i, Goldman Sachs, Generation Capital Partners, Oak Investment Partners and Spectrum Equity Investors.

Reval

New York

www.reval.com

Amount/Round: $16M/B

Investors: North Bridge Venture Partners and Commonwealth Capital Ventures.

Details: Provides risk management and hedge accounting software. In related news, Reval has acquired Fxpress Corp., a provider of treasury software for corporations.

Urgent Career

New York

www.urgentcareer.com

Amount/Round: NA/A

Investors: iNovia Capital.

Details: Develops software for assessing sales professionals.

WIRELESS COMMUNICATIONS

Ubidyne

Tempe, Ariz.

www.ubidyne.com

Amount/Round: $14.4M/C

Investors: GIMV (led), Baytech Venture Capital, Doughty Hanson and TVM Capital.

Details: Develops digital radio technology for the wireless industry. The company, which also has offices in Germany, did not list previous backer Accel Partners as part of the latest round of funding although Ubidyne is still listed as a portfolio company on the Accel website.