Week in deals, Jan. 12, 2009

CLEANTECH

Solyndra Inc.

Fremont, Calif.

www.solyndra.com

Amount/Round: $220M/E

Investors: Argonaut Ventures, U.S. Venture Partners, CMEA Ventures, Redpoint Ventures.

Details: Develops photovoltaic systems for the commercial rooftop market.

Xunlight Corp.

Toledo, Ohio

www.xunlight.com

Amount/Round: $7M/NA

Investors: State of Ohio

Details: Makes photovoltaic modules that convert sunlight into electricity. The company has received more than $40M in funding from Emerald Technology Ventures, Trident Capital, NGP Energy Technology Partners, and Rabo Ventures.

COMMUNICATIONS

Solarflare Communications

Irvine, Calif.

www.solarflare.com

Amount/Round: $32M/NA

Investors: Oak Investment Partners, Acacia Capital, Anthem Venture Partners.

Details: Develops 10 Gigabit Ethernet silicon. In addition, the company plans to raise $12M in venture debt financing.

CONSUMER INTERNET

RatePoint Inc.

Needham, Mass.

www.ratepoint.com

Amount/Round: $10M/B

Investors: Castile Ventures (led), .406 Ventures, Prism VentureWorks.

Details: Provides online ratings services for consumers. The company previously raised $6.5M.

Scribd

San Francisco

www.scribd.com

Amount/Round: $9M/B

Investors: Charles River Ventures (led), Redpoint Ventures, Kinsey Hills Group.

Details: Operates as a social document sharing website. The company had raised a $4M Series A round in May 2007 at a post-money valuation of about $17.5M.

Smart Destinations Inc.

Boston

www.smartdestinations.com

Amount/Round: $7M/C

Investors: NewSpring Capital, Square 1 Ventures.

Details: Provides technology-based travel services, such as smartcard. The company has now raised more than $18M since 2005 from NewSpring, Square 1, North Hill Ventures and Zone Capital Partners.

EMAIL

Xobni Corp.

San Francisco

www.xobni.com

Amount/Round: $7M/B

Investors: Cisco Systems, Khosla Ventures, First Round Capital, Baseline Ventures, Atomico.

Details: Develops email analytics software.

ENERGY MANAGEMENT

Sentilla Corp.

Redwood City, Calif.

www.sentilla.com

Amount/Round: $7.5M/B

Investors: Onset Ventures, Claremont Creek Ventures.

Details: Develops demand-side energy management solutions for commercial and industrial facilities. The company previously raised about $10M.

INTERNET

Superfish Inc.

Palo Alto, Calif.

www.superfish.com

Amount/Round: $5.3M/B

Investors: DFJ Tamir Fishman Ventures, The Individuals’ Venture Fund, Xenia Venture Capital.

Details: Develops a visual search engine that uses photographs taken from mobile devices retrieves information from the Web. The startup also has offices in Israel. Board members include Andreas Stavropoulos of DFJ.

INTERNET MARKETING

ClickSquared Inc.

Waltham, Mass.

www.clicksquared.com

Amount/Round: $11M/B

Investors: JMI Equity, ABS Ventures, Flybridge Venture Capital.

Details: Provides interactive relationship marketing services.

Infusionsoft

Gilbert, Ariz.

www.infusionsoft.com

Amount/Round: $8M/B

Investors: vSpring (led), Mohr Davidow Ventures.

Details: Develops CRM software for small businesses. The company has now raised about $17M since 2007.

JAZD Markets

Andover, Mass.

www.jazd.net

Amount/Round: $8M/A

Investors: Commonwealth Capital Ventures, Pilot House Ventures.

Details: Provides B2B marketing services.

MED TECH

ATS Medical Inc.

Minneapolis

www.atsmedical.com

Amount/Round: $20M/NA

Investors: Essex Woodlands Health Ventures.

Details: Develops cardiac surgery products and services. The company last year raised more than $3M in startup financing from Alta Partners.

DFine Inc.

San Jose, Calif.

www.dfineinc.com

Amount/Round: $35M/D

Investors: BBT Fund, Highland Credit Strategies Fund, Prospect Venture Partners, Vanguard Ventures

Details: Develops electrosurgical systems for treating vertebral compression fractures. The company had previously raised more than $18M in funding.

PHARMACEUTICALS

Anacor Pharmaceuticals Inc.

Palo Alto, Calif.

www.anacor.com

Amount/Round: $50M/E

Investors: GlaxoSmithKline, Schering Corp., Rho Capital Partners, Venrock Associates, Care Capital, Aberdare Ventures.

Details: Develops topical therapeutics. The company previously raised about $37M in financing and had filed for a $57.5M IPO in August 2007, but is no longer in registration.

FORMA Therapeutics

Cambridge, Mass.

www.formatherapeutics.com

Amount/Round: $25M/A

Investors: Novartis Option Fund, Bio*One Capital.

Details: Develops small molecule drugs with an initial focus on cancer.

Intradigm Corp.

Palo Alto, Calif.

www.intradigm.com

Amount/Round: $2.9M/B

Investors: Astellas Venture Management (led), Lilly Ventures.

Details: Develops RNA interference therapeutics for the treatment of diseases. The funding brings the round total to $21.4M. Participants on the first tranche included Roche Venture Fund, MP Healthcare Venture Management, Frazier Healthcare Ventures, Alta Partners, MediBic Alliance Technology Fund and Novartis Venture Fund.

KaloBios Pharmaceuticals Inc.

South San Francisco

www.kalobios.com

Amount/Round: $12M/D

Investors: Baxter International Inc.

Details: Develops antibodies and protein therapeutics. The funding brings the Series D round to $32M. Other investors include Genzyme Ventures and Mitsubishi UFJ Capital, MPM Capital, Sofinnova Ventures, Alloy Ventures, GBS Ventures, Singapore Bio-Innovations and 5AM Ventures.

QuatRx Pharmaceuticals Co.

Ann Arbor, Mich.

www.quatrx.com

Amount/Round: $8M/debt

Investors: NA

Details: Develops drugs to treat hormone deficiencies that result from aging in men and women. The company previously raised about $120M, including a $44M Series E round in 2007 from Bio Fund Management, BioMedical Ventures, Catella Healthcare Investments, Frazier Healthcare Ventures, H&B Capital, Hercules Technology Growth Capital, InterWest Partners, MPM Capital, Stockwell Capital, T. Rowe Price, Thomas Weisel Healthcare Ventures, TL Ventures, Twilight Venture Partners and Venrock.

Qwell Pharmaceuticals

Seattle

URL NA

Amount/Round: $7M/A

Investors: Arch Venture Partners, Wellcome Trust.

Details: Develops drugs focused on tumors and excess inflammation of skin cells. The funding was first reported last week by online news site Xconomy.

SEMICONDUCTORS

Provigent

Santa Clara, Calif.

www.provigent.com

Amount/Round: $10M/E

Investors: Lightspeed Venture Partners.

Details: Develops system-on-a-chip products for broadband wireless systems. The company has now raised $40M from Lightspeed, Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Magma Venture Partners, Ascend Technology Ventures, Delta Ventures, Stata Venture Partners and Vice Chairman Andrew Viterbi.

SOFTWARE

TraderTools

New York

www.tradertools.com

Amount/Round: $7.5M/NA

Investors: Edison Venture Fund and company management.

Details: Develops software and services for financial institutions trading foreign currency. Chris Sugden, general partner of Edison, has joined the board.

VIDEO

RipCode Inc.

Richardson, Texas

www.ripcode.com

Amount/Round: $12.5M/C

Investors: Granite Ventures (led), Hunt Ventures, El Dorado Ventures, Vesbridge Partners, ATA Ventures.

Details: Provides video processing solutions for Internet video content. The company has now raised about $38M in total VC funding since 2006.

WIRELESS COMMUNICATIONS

Motion Computing Inc.

Austin, Texas

www.motioncomputing.com

Amount/Round: $6M/NA

Investors: New Enterprise Associates, Institutional Venture Partners, G-51 Capital.

Details: Develops mobile computing products. The company has now raised about $52M since 2002.