Calistoga Pharmaceuticals Inc.
Seattle
www.calistogapharma.com
Amount/Round: $5.2M/A
Investors: Frazier Healthcare Ventures, Alta Partners, Three Arch Partners, Amgen Ventures.
Details: Develops drugs focused on oncology and inflammation. The funding brings the round total to $26.2M.
Follica Inc.
Boston
www.follicabio.com
Amount/Round: $5.5M/A
Investors: InterWest Partners (led), PureTech Ventures.
Details: Develops treatments for hair loss. Chris Ehrlich, partner at InterWest, has joined the board.
Gelesis Inc.
Boston
URL NA
Amount/Round: $16M/A
Investors: OrbiMed Advisors (led), Queensland BioCapital, PureTech Ventures.
Details: Develops drugs to treat obesity. CEO Yishai Zohar is a former partner and co-founder of PureTech.
Genizon BioSciences
St. Laurent, Quebec
www.genizon.com
Amount/Round: $30M/E
Investors: BTF BV (led), Fund Management, MVI Syerifge, Solaris Asset Management, Investissement Desjardins, HBM BioVentures.
Details: Operates a genomics company dedicated to the discovery of genes and biomarkers. The company has now raised nearly $130M in total VC funding.
Tempo Pharmaceuticals
Cambridge, Mass.
www.tempopharmaceuticals.com
Amount/Round: $8.1M/B
Investors: Bessemer Venture Partners, Polaris Venture Partners, Venrock, Lux Capital, Alexandria Real Estate Equities Inc., and individual backer William Rastetter (former executive chairman of Cambridge biotechnology firm Biogen Idec Inc. and now a partner at Venrock).
Details: Develops nanopartical-based drugs to provide more precise drug delivery to targets in the body while reducing toxicity. The company has now raised more than $22M, including a $12.1M Series A round in May 2007 and a $2M seed funding in December 2006.
COMMUNICATIONS
Chelsio Communications Inc.
Sunnyvale, Calif.
www.chelsio.com
Amount/Round: $25M/E
Investors: Investor Growth Capital (led), New Enterprise Associates, INVESCO Private Capital, LSI Logic Corp., Hotung Capital Management, Abacus Capital Group, Pacesetter Capital Group, Horizon Ventures.
Details: Provides 10-gigabit Ethernet solutions. The company has now raised about $84M in total VC funding since 2001. NEA General Partner Forest Baskett is chairman of the company.
PeerApp Ltd.
Newton, Mass.
www.peerapp.com
Amount/Round: $3M/NA
Investors: Pilot House Ventures Group, Evergreen Venture Partners, Cedar Fund.
Details: Provides data communications components that handle P2P infrastructure. The company’s board includes Peter Bell of Highland Capital Partners.
STEP Labs
San Jose, Calif.
www.step-labs.com
Amount/Round: $6.5M/B
Investors: Gabriel Venture Partners (led), Individuals’ Venture Fund, Garage Technology Ventures, Garage Canada and individual investors.
Details: Develops noise cancellation technology.
ENERGY
Boston-Power Inc.
Westborough, Mass.
www.boston-power.com
Amount/Round: $45M/C
Investors: Oak Investment Partners (led), Venrock, Granite Global Ventures, Gabriel Venture Partners.
Details: Develops lithium-ion batteries for use in laptops. The company has now raised more than $68M in total funding, including a $15.6M Series B round in late 2006 at a PMV of about $61M. Bandel Carano, managing partner of Oak Investment Partners, has joined the board.
Deeya Energy Inc.
Fremont, Calif.
www.deeyaenergy.com
Amount/Round: $15M/B
Investors: New Enterprise Associates (led), Draper Fisher Jurvetson, DFJ Element, Blue Run Ventures.
Details: Develops energy storage devices for the load-shifting, uninterruptible power supply and renewable energy markets. The company has now raised $25M since September 2006. Ravi Viswanathan, NEA partner, has joined the board.
EnerTech Environmental Inc.
Atlanta
www.enertech.com
Amount/Round: $42M/B
Investors: Citi Sustainable Development Investments (co-led), Masdar Clean Tech Fund (co-led), Nimes Capital, CNM Inc.
Details: Develops renewable energy facilities that use biosolids and other high-moisture wastes. The company previously raised an undisclosed amount from Paperboy Ventures.
HEALTH CARE
Epocrates Inc.
San Mateo, Calif.
www.epocrates.com
Amount/Round: NA/NA
Investors: Goldman Sachs.
Details: Develops handheld Internet enabled computing systems for physicians. The company has raised more than $52M in funding since 1999 from such investors as Draper Fisher Jurvetson, InterWest Partners, Three Arch Partners and others.
Iclinix Inc.
Wilmington, N.C.
www.inclinix.com
Amount/Round: $10M/NA
Investors: Frontier Capital.
Details: Provides clinical trial research services.
INTERNET
Cooking.com
Santa Monica, Calif.
www.cooking.com
Amount/Round: $7M/venture debt
Investors: Orix Venture Finance.
Details: Operates an online marketplace for recipes and related shopping services. The company raised about $90M in funding from 1998 to 2000 from Clearstone Venture Partners, DynaFund Ventures, Mellon Ventures, Perennial Ventures, Starbucks Corp. and Vanguard Ventures, among other investors.
Hakia.com
New York
www.hakia.com
Amount/Round: $5M/NA
Investors: Prokom Investments SA.
Details: Provides search engine services based on queries phrased as questions, sentences or keywords. The company has now raised $21M in VC funding.
Jobfox
McLean, Va.
www.jobfox.com
Amount/Round: $20M/C
Investors: DFJ Growth Fund, Menlo Ventures, New Enterprise Associates.
Details: Operates a job website. Mark Bailey, partner of DFJ Growth Fund, has joined the board.
MARKETING
APRU Inc.
Washington, D.C.
www.arpuinc.com
Amount/Round: $8.7M/C
Investors: Grotech Capital Group, Polaris Venture Partners, New Atlantic Ventures, New Markets Growth Fund.
Details: Provides online advertising services.
Novus Communication Technologies Inc.
New York
www.novusct.com
Amount/Round: $5M/B
Investors: Allen & Co. and outdoor advertising executive Karl Eller.
Details: Provides digital advertising solutions, such as electronic billboards.
MED TECH
AgaMatrix Inc.
Salem, N.H.
www.agamatrix.com
Amount/Round: $24M/C
Investors: Notable International Ltd., Collaborative Seed & Growth Partners,
Details: Develops blood glucose monitoring products for the diabetes market.
Aragon Surgical Inc.
Palo Alto, Calif.
www.aragonsurgical.com
Amount/Round: $25M/B
Investors: Bay City Capital (led), Integral Capital Partners, Delphi Ventures, Onset Ventures.
Details: Makes surgical devices.
Benvenue Medical Inc.
Mountain View, Calif.
www.benvenuemedical.com
Amount/Round: $15M/B
Investors: Three Arch Partners (led), Versant Ventures, De Novo Ventures.
Details: Develops minimally invasive solutions for spine repair. Bill Harrington of Three Arch Partners has joined the board.
Cellectar Inc.
Madison, Wisc.
www.cellectar.com
Amount/Round: $13M/NA
Investors: Venture Investors, Advantage Capital, and individual investors in Wisconsin.
Details: Develops products to detect, treat and monitor cancer.
CyberHeart Inc.
Menlo Park, Calif.
www.cyberheartinc.com
Amount/Round: $9M/A
Investors: Emergent Medical Ventures (co-led), United Investments (co-led), Venture Select GmbH and Mitsubishi Corp.
Details: Develops a non-invasive system to treat cardiac arrhythmias.
Mitralign Inc.
Tewksbury, Mass.
www.mitralign.com
Amount/Round: $24M/C
Investors: Medtronic (co-led), Johnson & Johnson Development Corp. (co-led), Oakwood Medical Investors, Palisade Capital Management, Accelerated Technology Partners, Forbion Capital Partners, Giza Venture Capital, Oxford Biosciences, Triathlon Medical Venture Partners.
Details: Develops a catheter-based method for treating mitral regurgitation in patients suffering from congestive heart failure. The company previously raised about $28M in VC funding.
SECURITY
ForeScout Technologies Inc.
Cupertino, Calif.
www.forescout.com
Amount/Round: $4M/E
Investors: Accel Partners, Amadeus Capital Partners, Meritech Capital Partners, Pintango Venture Capital.
Details: Provides enterprise networks with perimeter security. The funding is the first close of an expected $6.49M Series E round, according to a regulatory filing. The company has now raised more than $40M in total VC funding.
iVerify US Inc.
Charlotte, N.C.
www.iverify.us
Amount/Round: $21M/NA
Investors: RBC Century Bank and an undisclosed private equity investor.
Details: Provides interactive video monitoring services. The company also announced that it has acquired Smart Interactive Systems Inc. for $8.5M in cash.
SOFTWARE
Memeo Inc.
Aliso Viejo, Calif.
www.memeo.com
Amount/Round: NA/B
Investors: Foundry Group.
Details: Provides automatic backup software for the consumer and small business markets. Ryan McIntyre, a co-founding managing director of Foundry Group, has joined the board.
Pudding Media
San Jose, Calif.
www.puddingmedia.com
Amount/Round: $8M/A
Investors: Opus Capital, BRM Capital.
Details: Develops speech recognition software.
SugarCRM
Cupertino, Calif.
www.sugarcrm.com
Amount/Round: $14.5M/D
Investors: Draper Fisher Jurvetson, New Enterprise Associates, Walden International.
Details: Develops open-source customer relationship management software. The funding is the first close of an expected $20M Series D round, according to a regulatory filing. The company previously raised about $27M.
Tamarac Inc.
Seattle
www.tamaracinc.com
Amount/Round: $7M/A
Investors: Optimal Ventures.
Details: Develops financial portfolio management software. The funding is the first close of an expected $10.45M Series A round, according to a regulatory filing.
UBMatrix Inc.
Kirkland, Wash.
www.ubmatrix.com
Amount/Round: $8M/B
Investors: Draper Fisher Jurvetson, The Meteor Group.
Details: Develops software for business reporting process and workflow. The funding is the first close of an expected $10.2M Series B round, according to a regulatory filing.
TECH
HiWired
Needham, Mass.
www.hiwiredinc.com
Amount/Round: $9M/B
Investors: North Hill Ventures (led), Kodiak Venture Partners, Sigma Partners
Details: Provides IT support services, has raised $9M in Series B funding. The company, f.k.a. LightFrog, previously raised about $3.6M, including $1.6M in startup funding from individual investors in May 2005.
Hillcrest Laboratories Inc.
Rockville, Md.
www.hillcrestlabs.com
Amount/Round: $25M/D
Investors: AllianceBernstein (led), New Enterprise Associates, Columbia Capital, Grotech Capital Group.
Details: Makes software and hardware for delivering interactive television applications. The company has raised about $55M in funding since 2001.
WIRELESS COMMUNICATIONS
Meraki Networks
Mountain View, Calif.
www.meraki.net
Amount/Round: $20M/B
Investors: Sequoia Capital, DAG Ventures, Northgate Capital.
Details: Develops wireless mesh hardware and software. The company also announced that it plans to develop a city-wide wireless access network in San Francisco by the end of the year. The company raised nearly $6M in a Series A deal late last year from Sequoia and individual investors.
Motricity Inc.
Durham, N.C.
www.motricity.com
Amount/Round: $185M/NA
Investors: Advanced Equities, New Enterprise Associates and Carl Icahn.
Details: Provides mobile content. The deal was announced late last year. The company has now raised more than $365M in total VC funding from NEA, Technology Crossover Ventures, Massey-Burch Capital, Noro-Moseley Partners, Intel Capital, Qualcomm Ventures, Sienna Ventures, TriState Investment Group and Wakefield Group. Part of the proceeds will be used to finance a recently closed $135M cash acquisition of the mobile services business of InfoSpace Inc.
SoonR
Campbell, Calif.
www.soonr.com
Amount/Round: $9.5M/B
Investors: Cisco Systems (led), Intel Capital, Clearstone Venture Partners.
Details: Provides mobile access to PC-based files and emails. The company has now raised $15.5M since it was launched two years ago.
Stoke Inc.
Santa Clara, Calif.
www.stoke.com
Amount/Round: NA/NA
Investors: Reliance Technology Ventures Ltd., Kleiner Perkins Caufield & Byers, Sequoia Capital, Integral Capital Partners, DAG Ventures.
Details: Develops convergence gateways for fixed and wireless broadband access technologies. Reliance Technology Ventures is the corporate VC arm of India’s Reliance ADA Group. Previously, the company, f.k.a. Network Vanguard, raised more than $50M in funding.
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