Week in deals, July 14, 2008

BIOTECH

Agios Pharmaceuticals

Boston

www.agiospharmaceuticals.com

Amount/Round: $33M/A

Investors: Third Rock Ventures, Flagship Ventures, ARCH Venture Partners.

Details: Develops cancer therapies focused on cellular metabolism.

AlloCure

Salt Lake City

www.allocure.com

Amount/Round: $14.5M/A

Investors: Life Sciences (led), Novo AS.

Details: Develops cell therapies to treat acute kidney injury. The company also has an office in Germany.

Pearl Therapeutics Inc.

Redwood City, Calif.

www.pearltherapeutics.com

Amount/Round: $18M/A

Investors: Clarus Ventures, New Leaf Partners, 5AM Ventures, Nektar Therapeutics.

Details: Develops drugs to treat respiratory disorders. The funding brings the Series A round to $33.5M, following a $15.5M first close held in September. Jim Young, venture partner at 5AM Ventures, serves as chairman of the company board.

Portola Pharmaceuticals Inc.

South San Francisco

www.portola.com

Amount/Round: $60M/C

Investors: D.E. Shaw (led), Abingworth Management, Advanced Technology Ventures, AllianceBernstein, Alta Partners, Brookside Capital, CIDC Consulting, Frazier Healthcare Ventures, Goldman Sachs, IBT Management Corp., MPM Capital, Prospect Venture Partners, Sutter Hill Ventures, Teachers’ Private Capital, T. Rowe Price, Adage Capital Management, Apothecary Capital, Janus Capital, PAC-Link BioVentures.

Details: Develops drugs focused on thrombosis and related cardiovascular diseases. The company has raised about $220M in funding since 2003.

Tandem Diabetes

San Diego

www.tandemdiabetes.com

Amount/Round: $13M/NA

Investors: Domain Associates (led), TPG Biotech, Second Technology Capital Investors.

Details: Develops medical devices for the treatment of diabetes.

CHIPS

IWatt Inc.

Los Gatos, Calif.

www.iwatt.com

Amount/Round: $12.4M/E

Investors: Horizon Ventures, Sigma Partners, VantagePoint Venture Partners.

Details: Develops power management integrated circuits. The company has raised nearly $52M in funding since 2001.

CLEANTECH

Cyber-Rain Inc.

Agoura Hills, Calif.

www.cyber-rain.com

Amount/Round: $1.5M/A

Investors: Funk Ventures, Momentum Venture Management.

Details: Provides water management technology using wireless control irrigation systems.

Innovalight Inc.

Santa Clara, Calif.

www.innovalight.com

Amount/Round: $5M/NA

Investors: ATEL Ventures.

Details: Develops low-price point portable solar power systems using nanotechnology.

CONSUMER INTERNET

Alerts.com

Seattle

www.alerts.com

Amount/Round: $1.2M

Investors: Monster Venture Partners.

Details: Operates a free Web service that provides alerts on sports scores, airfare pricing, traffic updates, horoscopes and other events.

DriverSide

San Francisco

www.driverside.com

Amount/Round: NA/A

Investors: Catamount Ventures.

Details: Operates a website for automobile owners and lessors. Mark Silverman, managing director of Catamount, has joined the board.

GameDuell

San Francisco

www.gameduell.com

Amount/Round: $17M/B

Investors: Wellington Partners.

Details: Operates an online skills gaming community website. The company raised an undisclosed amount in a Series A round in 2004 from Holtzbrinck Ventures and Burda Digital Ventures.

Spire Company Associates Inc.

Boston

www.spire.com

Amount/Round: $9M/A

Investors: Hearst Corp. (led), Trident Capital, TL Ventures and individual investors.

Details: Operates a lifestyle social networking website.

Three All Inc.

Palo Alto, Calif.

www.kango.com

Amount/Round: $500K

Investors: Shasta Ventures.

Details: Operates travel review site Kango.com. The funding brings the Series A round to about $4M, all invested by Shasta Ventures. Shasta Managing Director Tod Francis is on the board.

TopTenReviews

Ogden, Utah

www.toptenreviews.com

Amount/Round: $6M/A

Investors: 12 Ventures, Village Ventures.

Details: Operates a website that reviews products and Web services.

ECOMMERCE

Plimus

San Jose

www.plimus.com

Amount/Round: $18M/A

Investors: Susquehanna Growth Equity.

Details: Provides e-commerce services. The company also operates locations in Israel and the Ukraine. Amir Goldman and Jonathan Klahr of Susquehanna Growth Equity have joined the board.

ENTERTAINMENT & RECREATION

Mevio

San Francisco

www.mevio.com

Amount/Round: $15M/C

Investors: Crosslink Capital (led), Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures, DAG Ventures.

Details: Operates as a broadband entertainment network, providing access to video, audio and music on MP3 players and mobile devices. The company, f.k.a. Podshow, has raised about $39M since 2005.

XPD Media

Palo Alto, Calif.

URL NA

Amount/Round: $2M/A

Investors: True Ventures, Pilot House Ventures Group.

Details: Operates a multi-platform gaming startup. The company is run by Robin Chan, former director of entertainment programming for Verizon.

FINANCIAL

Corefino Inc.

Sunnyvale, Calif.

www.corefino.com

Amount/Round: Bay Partners, Opus Venture Partners.

Investors: $13.6M/A

Details: Provides accounting and financial solutions for growth stage companies.

Welton Street Holdings

Denver

www.weltonstreet.com

Amount/Round: $14.4M/NA

Investors: FTVentures.

Details: Provides financial advisory services to consumers. Ben Cukier, partner of FTVentures, has joined the board.

HEALTH CARE

MedAvante Inc.

Hamilton, N.J.

www.medavante.net

Amount/Round: $20M/NA

Investors: Goldman Sachs, Trevi Health Ventures.

Details: Provides centralized psychiatric patient evaluation.

INTERNET

DimDim Inc.

Burlington, Mass.

www.dimdim.com

Amount/Round: $6M/B

Investors: Index Ventures, Nexus India Capital, Draper Richards.

Details: Provides open-source Web conferencing products and services. The company last year raised a $2.4M Series A round.

MARKETING

TopSpin Media Inc.

Santa-Monica, Calif.

topspinmedia.com

Amount/Round: NA/B

Investors: Foundry Group, Redpoint Ventures.

Details: Provides marketing services for musicians. The company

previously raised a Series A round from Redpoint Ventures. The company is led by Ian Rogers, formerly general manager of Yahoo Music.

MED TECH

Accuri Cytometers Inc.

Ann Arbor, Mich.

www.accuricytometers.com

Amount/Round: $13M/C

Investors: Fidelity Biosciences, Flagship Ventures, Arboretum Ventures, Baird Venture Partners.

Details: Develops cell analysis systems for life sciences research laboratories. The company has now raised $18M in funding.

Core Essence Orthopaedics

Yardley, Penn.

www.ceortho.com

Amount/Round: $5M/NA

Investors: NewSpring Capital.

Details: Develops medical devices focused on soft tissue and skeletal repair.

SECURITY

ForeScout Technologies Inc.

Cupertino, Calif.

www.forescout.com

Amount/Round: $8M/E

Investors: Accel Partners, Amadeus Capital Partners, Meritech Capital Partners, Pintango Venture Capital.

Details: Develops network access control solutions. The company has now raised more than $44M since 2001.

VideoIQ

Bedford, Mass.

www.videoiq.net

Amount/Round: $10M/B

Investors: Lehman Brothers, Matrix Partners, Atlas Venture.

Details: Develops video surveillance and analytics products. The company has now raised more than $18M in funding since April 2007.

SOFTWARE

Daxco Inc.

Birmingham, Ala.

www.daxco.com

Amount/Round: $7.8M/NA

Investors: Frontier Capital.

Details: Develops on-demand software to nonprofits.

iPipeline

Exton, Penn.

www.ipipeline.com

Amount/Round: $18M/A

Investors: NewSpring Capital, Fidelity Ventures.

Details: Develops business sales software for the insurance and financial services industries.

Oversight Systems Inc.

Atlanta

www.oversightsystems.com

Amount/Round: $10.2M/B

Investors: Adobe Ventures, Granite Ventures, Sigma Partners.

Details: Develops business transactions software and services. The funding was the first call down of a $13.2M Series B round, according to a regulatory filing. The company previously raised about $10M since 2003.

Xeround Inc.

Bellevue, Wash.

www.xeround.com

Amount/Round: $16M/B

Investors: Ignition Partners, Trilogy Equity Partners, Benchmark Capital, Giza Venture Capital.

Details: Develops software for communications service providers.

STORAGE

eFileCabinet

Provo, Utah

www.efilecabinet.com

Amount/Round: $1M/A

Investors: Canopy Ventures.

Details: Provides electronic document management and online backup solutions that help customers manage and protect their valuable data assets.

WIRELESS COMMUNICATIONS

F-Origin

Morrisville, N.C.

www.f-origin.com

Amount/Round: $5M/C

Investors: Keynote Ventures, PVI (Taiwan).

Details: Develops touch-screen interface solutions for mobile devices. The company has raised about $7.3M since January.

Mobixell Networks

Wellesley, Mass.

www.mobixell.com

Amount/Round: $6M/NA

Investors: Apax Partners, Intel Capital, SMAC Partners.

Details: Provides a mobile Internet platform for wireless operators. The company has now raised $29M since 2000.