Week in deals, Jan. 25, 2010

CLEANTECH

Fisker Automotive

Irvine, Calif.

www.fiskerautomotive.com

Amount/Round: $115.3M/NA

Investors: A123 Systems, Ace Investments and Kleiner Perkins Caufield & Byers.

Details: Develops an electric vehicle. The company previously raised more than $160M in VC funding from Kleiner Perkins, Eco-Drive (Capital) Partners, Palo Alto Investors and Al Ghaffara Investment Co. It also recently secured a $528M low-cost loan from the Department of Energy, which was conditioned on the company raising additional private equity.

FloDesign Wind Turbine

Wilberham, Mass.

www.flodesignwindturbine.org

Amount/Round: $34.5M/B

Investors: Kleiner, Perkins Caufield & Byers, Goldman Sachs, Technology Partners and VantagePoint Venture Partners.

Details: Develops wind turbines. The company previously raised $5.5M, plus an $8.3M Department of Energy grant.

Switch Materials Inc.

Vancouver, British Columbia

www.switchmaterials.com

Amount/Round:$7M/B

Investors: BDC Venture Capital (led), GrowthWorks, Pangaea Ventures and Ventures West.

Details: Develops energy-saving window materials.

CONSUMER INTERNET

Blippy

Palo Alto, Calif.

www.blippy.com

Amount/Round: $1.6M/A

Investors: Charles River Ventures, Sequoia Capital and individual investors Ron Conway, Evan Williams, Jason Calacanis, James Hong and Ariel Poler.

Details: The company, incubated at Charles River Ventures, has been described as “Twitter for credit card purchases,” in that it allows users to share recent online purchase information.

BuyWithMe.com

Boston

www.butywithme.com

Amount/Round: $5.5M/A

Investors: Matrix Partners.

Details: Provides solutions for online buying mechanisms, leveraging social media. Matrix Partner Nicholas Beim has joined the board.

ECOMMERCE

BOKU Inc.

San Francisco

www.boku.com

Amount/Round: $25M/C

Investors: DAG Ventures (led), Benchmark Capital, Index Ventures and Khosla Ventures.

Details: Provides an online payment service for mobile phones. The company raised a $13M in June 2009.

HEALTH CARE

Orbis Education Services Inc.

Indianapolis

www.orbiseducation.com

Amount/Round: $8M/B

Investors: Lightspeed Venture Partners.

Details: Provides nursing education services and software. Before founding Orbis in 2003, CEO Dan Briggs, 49, had a 19-year career with Roche Diagnostics Corp.

INTERNET

Sway Inc.

Madison, Wis.

www.shoutlet.com

Amount/Round: $2M/A

Investors: Origin Ventures and Leo Capital Holdings.

Details: Develops social media content distribution and communications platform. The company previously raised a $1.2M seed round in 2007.

INTERNET MARKETING

Visible Technologies

Seattle

www.visibletechnologies.com

Amount/Round: $22M/C

Investors: Investor Growth Capital (led), Centurion Holdings, Ignition Partners, In-Q-Tel and WPP Group.

Details: Provides Internet brand and reputation management services.

MED TECH

Tandem Diabetes Care Inc.

San Diego

www.tandemdiabetes.com

Amount/Round: $52.4M/C

Investors: HLM Venture Partners, Domain Associates, TPG Biotech, Delphi Ventures and Kearny Venture Partners.

Details: Develops medical devices for the treatment of diabetes. The company held a $21.5M on the round in May 2009.

SECURITY

CSIdentity

Austin, Texas

www.csidentity.com

Amount/Round: $35M/NA

Investors: Investcorp Technology Partners.

Details: Provides identity theft and fraud protection solutions.

SEMICONDUCTORS

Ember Corp.

Boston

www.ember.com

Amount/Round: $5M/debt

Investors: Wellington Financial.

Details: Develops wireless sensor and control network technologies. The previously raised about $89M in VC funding from Chevron Technology Ventures, Stata Venture Partners, Polaris Venture Partners, GrandBanks Capital, RRE Ventures, Vulcan Capital, DFJ ePlanet Ventures, New Atlantic Ventures and WestLB Mellon Asset Management.

Lumigent Technologies Inc.

Acton, Mass.

www.lumigent.com

Amount/Round: $3M/NA

Investors: North Bridge Venture Partners.

Details: Provides data auditing for compliance and security. The company has now raised more than $33M in funding since 2001.

Presto Engineering Inc.

San Jose, Calif.

www.presto-eng.com

Amount/Round: $2M/NA

Investors: Masseran Gestion.

Details: Provides semiconductor test and analysis solutions to IDM and fabless companies.

SOFTWARE

IkaSystems Corp.

Southborough, Mass.

www.ikasystems.com

Amount/Round: NA/NA

Investors: Essex Woodlands Health Ventures.

Details: Provides enterprise-level, Web-based technologies for the health care payer market. The funding follows a previously announced investment from Providence Equity Partners that reportedly brings the round total to $21M, based on Thomson Reuters data.

Impact Radius

Santa Barbara, Calif.

www.impactradius.com

Amount/Round: $6M/NA

Investors: Redpoint Ventures.

Details: Provides software development and consulting services. The founders of the company previously worked together at Commission Junction. Impact Radius has now raised more than $9M in funding.

Sauce Labs

San Francisco

www.saucelabs.com.

Amount/Round: $3.1M/A

Investors: Contrarian Group.

Details: Develops open-source, cross-browser software testing solutions. The Contrarian Group is Peter Ueberroth’s investment management firm.

Virtify Inc.

Cambridge, Mass.

www.virtify.com

Amount/Round: $15M/NA

Investors: Tudor Ventures.

Details: Develops clinical trial data management software and services.

VirtualLogix Inc.

Sunnyvale, Calif.

www.virtuallogix.com

Amount/Round: $NA/NA

Investors: Progression Partners (led), Atlas Venture, Index Ventures, DFJ Esprit, Intel Capital, Motorola Ventures and Texas Instruments.

Details: Provides real-time virtualization software. The company previously raised about $40M in funding.

STORAGE

iForem

Redwood Shores, Calif.

www.iforem.com

Amount/Round: $2M/NA

Investors: Gabriel Venture Partners.

Details: Provides digital storage solutions and asset preservation. The company also announced its acquisition of EnMoDa, a digital privacy company focused on the mobile communications market.

TECHNOLOGY

Synchrony Inc.

Roanoke, Va.

www.synchrony.com

Amount/Round: $10M/C

Investors: Third Security.

Details: Develops magnetic bearings, power and control systems. The company previously raised $15M in funding from Third Security.