Week in deals, Feb. 15, 2010

AGRICULTURE

Aero Farm Systems

Ithica, N.Y.

www.aerofarms.com

Amount/Round: $500K/seed

Investors: The Quercus Trust and 21Ventures.

Details: Develops aeroponic growing systems that grow produce without soil and son.

BIOTECH

CytoSolv Inc.

Providence, R.I.

www.cytosolv.com

Amount/Round: $500K/seed

Investors: The Slater Technology Fund.

Details: Develops wound healing technology, initially targeting diabetic foot ulcers.

CLEANTECH

Infinia Corp.

Kennewick, Wash.

www.infiniacorp.com

Amount/Round: $11.5M/NA

Investors: Equus Capital Corp. and undisclosed investors.

Details: Develops solar power generation technology. The funding is the first close of a $75M equity financing round, according to a regulatory filing. The company previously raised more than $82M from Foxconn Technology Group. GLG Partners, Wexford Capital, Vulcan Capital, Khosla Ventures, EQUUS Total Return Inc., Idealab and Power Play Energy LLC.

Nexamp Inc.

North Andover, Mass.

www.nexamp.com

Amount/Round: $6.5M/A

Investors: Good Energies, Point Judith Capital, RCG Ventures and individual investors.

Details: Provides advisory services and solutions to help implement clean energy projects. Recently, the company announced that it had received $20M in federal stimulus funding for use in solar power installations.

Petra Solar

South Plainfield, N.J.

www.petrasolar.com

Amount/Round: $40M/B

Investors: Craton Equity Partners (co-led), EspĂ­rito Santo Ventures (co-led), Element Partners, Blue Run Ventures, OnPoint Technologies and National Technology Enterprises Co.

Details: Develops power electronics for solar energy systems.

COMMUNICATIONS

Gigamon

Milpitas, Calif.

www.gigamon.com

Amount/Round: $22.8M/NA

Investors: Highland Capital Partners.

Details: Provides data access networking technology.

3Play Media Inc.

Somerville, Mass.

www.3playmedia.com

Amount/Round: $450K/seed

Investors: Individual investors, including Tole Khesin (a member of Boston-based angel firm Launchpad Venture Group).

Details: Develops audio transcription technology. The funding is the first close of a $600K seed funding round, according to a regulatory filing. The company was launched by a handful of MIT grads in 2007.

COMPONENTS

LensVector Inc.

Mountain View, Calif.

www.lensvector.com

Amount/Round: $30M/C

Investors: Institutional Venture Partners (led), Menlo Ventures, Samsung, SVB Capital, Mitsui & Co. and Kodak External Alliances.

Details: Makes optical components for consumer electronics. The company has now reportedly raised more than $50M in total financing.

DATABASES

Factual Inc.

Santa Monica, Calif.

www.factual.com

Amount/Round: $1M/seed

Investors: Andreessen Horowitz, Idealab, Founder Collective and individual investors Esther Dyson, Richard Rosenblatt, Danny Rimer and Marten Mickos.

Details: Provides online tools that enables users to share and manipulate databases. The company was founded by CEO Gil Elbaz, a former engineering director at Google.

HEALTH CARE

PatientSafe Solutions

San Diego

www.patientsafesolutions.com

Amount/Round: $30M/NA

Investors: TPG Biotech (led), Menlo Ventures, Psilos Group, Valhalla Partners, American River Ventures, Integral Capital Partners and Camden Partners.

Details: Provides patient safety and workflow management solutions. The company previously raised more than $40M in funding.

Phytel

Dallas

www.phytel.com

Amount/Round: $14.2M/NA

Investors: Polaris Venture Partners (led), Caris Ltd. and LAH Investments.

Details: Provides Web-based technology to help doctors manage patients’ preventive care.

INTERNET

Layered Technologies Inc.

Plano, Texas

www.layeredtech.com

Amount/Round: $20M/growth

Investors: Accel-KKR (led), Enhanced Equity Fund and Pangloss International.

Details: Provides on-demand and cloud computing IT infrastructure.

MATERIALS

Quantiam Technologies Inc.

Edmonton, Alberta

www.quantiam.com

Amount/Round: $6M/NA

Investors: BASF Venture Capital and Ursataur Capital Management.

Details: Develops advanced materials.

MED TECH

OrthAlign Inc.

Irvine, Calif.

www.orth-align.com

Amount/Round: $5.2M/A

Investors: California Technology Ventures, Okapi Venture Capital and Research Corporation Technologies Research.

Details: Develops small single-use devices for knee and hip implants.

PHARMACEUTICALS

Nautilus Neurosciences Inc.

Bridgewater, N.J.

www.nautilusneurosciences.com

Amount/Round: $14.5M/A

Investors: Tailwind Capital Partners.

Details: Develops drugs focused on neurology.

Syndax Pharmaceuticals Inc.

North Waltham, Mass.

www.syndax.com

Amount/Round: $9M/NA

Investors: Forward Ventures, Domain Associates, MPM Capital, Pappas Ventures and Avalon Ventures.

Details: Develops drugs focused on cancer. The financing is the first close of an anticipated $16M round, according to a regulatory filing. The company previously raised $40M in funding.

ROBOTICS

CyPhy Works Inc.

Framingham, Mass.

www.cyphyworks.com

Amount/Round: $1.75M/A

Investors: General Catalyst Partners.

Details: Develops remotely piloted robotic machines. The company was founded by iRobot co-founder Helen Greiner. John Simon, managing director of General Catalyst, has joined the board.

SECURITY

VeraCode Inc.

Burlington, Mass.

www.veracode.com

Amount/Round: $12.3M/NA

Investors: Atlas Venture, .406 Ventures and StarVest Partners.

Details: Provides on-demand security analysis solutions. Laura Sachar, a general partner with StarVest Partners, is listed as a new board member, according to a regulatory filing. The company previously raised more than $22M from.406 Ventures, Atlas Venture, Polaris Venture Partners, Macrovision Corp. and Symentec Corp.

SOFTWARE

Compliance11 Inc.

Chicago

www.compliance11.com

Amount/Round: $6M/B

Investors: Talon Capital Partners and KVG Partners.

Details: Develops regulatory compliance management software.

DotNetNuke Corp.

San Mateo, Calif.

www.dotnetnuke.com

Amount/Round: $8M/B

Investors: UV Partners (led), August Capital and Sierra Ventures.

Details: Develops an open-source application framework for the Microsoft tech platform. The company previously raised $6M in funding from Sierra and August.

VIDEO

Encoding.com

San Francisco

www.encoding.com

Amount/Round: $1.25M/A

Investors: Metamorphic Ventures (led) and individual investors Patrick Condon, Fred Hamilton, Zelkova Ventures, Dave Morgan and Allen Morgan.

Details: Provides online video encoding services. Marc Michel, managing partner of Metamorphic Ventures, has joined the board.