Accuri Cytometers Inc.
Ann Arbor, Mich.
www.accuricytometers.com.
Amount/Round: $4M/D
Investors: InvestMichigan Program, Fidelity Biosciences, Flagship Ventures, Baird Venture Partners and Arboretum Ventures.
Details: Develops cell analysis systems.
Pathway Genomics
San Diego
www.pathway.com
Amount/Round: NA/A
Investors: The Founders Fund, Edelson Technology Partners and Western Technology Investment.
Details: Develops personalized genomics tests.
CLEANTECH
Finite Carbon Corp.
Wayne, Penn.
www.finitecarbon.com
Amount/Round: $2M/A
Investors: TL Ventures.
Details: Operates as a forest carbon development company to help landowners create and monetize carbon offsets. Scott Nissenbaum, the company’s president, is a former managing director with Novitas Capital (f.k.a. PA Early Stage Partners). The company was co-founded by CEO Robert Verratti, who is listed as an operating partner at TL Ventures.
Solaren
Manhattan Beach, Calif.
www.solarenspace.com
Amount/Round: $600K/A
Investors: NA
Details: The company develops solar panel technology to deliver power from space-based systems, using high-power radio waves to deliver the energy. See story, page 1.
CONSUMER INTERNET
Experience Inc.
Boston
www.experience.com
Amount/Round: $4.4M/NA
Investors: NA
Details: The company operates an online employment site for entry-level jobs and internships. The funding is the first close of a $5.4M funding round, according to a regulatory filing. The company reported revenue of about $5M and previously raised more than $50 million from Polaris Venture Partners and other investors.
Pandora Media Inc.
Oakland
www.pandora.com
Amount/Round: $35M/NA
Investors: Greylock Partners.
Details: Operates an online radio network, has raised $35 million in new VC funding led by Greylock. The company previously raised about $29M from Crosslink Capital, DBL Investors, Hearst Corp., Labrador Ventures, Selby Venture Partners and WaldenVC.
WordNik
New York
www.wordnik.com
Amount/Round: $3.7M/NA
Investors: NA
Details: Provides online English dictionary services. The company was founded by lexicographer Erin McKean and has now raised $4.7M in funding from individual investors. Board members include past backers Steve Anderson (from Baseline Ventures) and Roger McNamee (from Silver Lake Partners). McKean is the former Chief Consulting Editor for American Dictionaries at Oxford University Press and was Principal Editor of The New Oxford American Dictionary.
ECOMMERCE
Vindicia Inc.
Redwood City, Calif.
www.vindicia.com
Amount/Round: $7.5M/D
Investors: Onset Ventures (led), Bertelsmann Digital Media Investments, DCM and Leader Ventures.
Details: Provides payment management services to online merchants. The company has now raised more than $21M in total VC funding.
ENTERTAINMENT & RECREATION
Outspark
San Francisco
www.outspark.com
Amount/Round: $8.3M/C
Investors: Syncom Venture Partners (led), SBI Investment, Mille Plateaux, Altos Ventures, DCM and Tencent.
Details: Develops casual, multiplayer online games for the U.S. and Asian markets. The company has now raised more than $35M in funding. Stan Smith, principal at Syncom Venture Partners, has joined the board.
INTERNET MARKETING
GumGum Inc.
Santa Monica, Calif.
www.gumgum.com
Amount/Round: $2.6M/B
Investors: NA
Details: The company provides image licensing and provides distribution and monetization platform for online media. It previously raised $500K in startup funding from Crosscut Ventures and First Round Capital.
MATERIALS
Scoperta Inc.
San Diego
URL NA
Amount/Round: $1.4M/NA
Investors: Enterprise Partners Venture Capital.
Details: Develops fabless specialty steel technologies utilizing scrap materials. The funding is the first close of a $1.8M funding round, according to a regulatory filing. The company has now raised about $2.5m from Enterprise Partners Venture Capital and Vista Ventures.
MED TECH
ConforMIS
Burlington, Mass.
www.conformis.com
Amount/Round: $50M/D
Investors: Aeris Capital.
Details: The company develops orthopedic implants.
Helixis Inc.
Carlsbad, Calif.
www.helixis.com
Amount/Round: $5.5M/B
Investors: Advanced Technology Ventures and Domain Associates.
Details: Develops molecular diagnostic products. The funding is the first close of a $6.5M round, according to a regulatory filing. The company previously raised $10M in Series A funding from Advanced Technology Ventures, Domain Associates and Okapi Venture Capital.
Medivance Inc.
Louisville, Ky.
www.medivance.com
Amount/Round: $8M/NA
Investors: Camden Partners, Cross Atlantic Partners, Partisan Management Group, Skyline Ventures, Kimberly-Clark Ventures, BlackRock Alternative Investors.
Details: Develops medical devices for temperature management methods. The company previously raised about $55M over four funding rounds from MDY Healthcare, Cross Atlantic, Camden Partners, Skyline Ventures and Partisan Management.
Vidacare Corp.
San Antonio
www.vidacare.com
Amount/Round: $7.6M/D
Investors: Piper Jaffray (led), Tullis Health Investors and Incyte Venture.
Details: The company has developed a vascular access system for the delivery of drugs and fluids.
NEW MEDIA
Tributes.com
Boston
www.tributes.com
Amount/Round: $1.2M/B
Investors: NA
Details: Operates an online content company focused on obituaries and related information. The funding brings the round total to $5.5M. The company did not identify investors, but said that they come from both the “funeral service and the Boston tech community.”
PHARMACEUTICALS
Hyperion Therapeutics Inc.
San Francisco
www.hyperiontx.com
Amount/Round: $60M/C
Investors: Bay City Capital (co-led), Panorama Capital (co-led), Highland Capital Partners, New Enterprise Associates and Sofinnova Ventures.
Details: Develops drugs focused on gastroenterology and hepatology. The company has now raised $102M since it was founded in 2006.
Limerick BioPharma Inc.
South San Francisco
www.limerickbio.com
Amount/Round: $15M/C
Investors: OVP Venture Partners (led), ARCH Venture Partners, Sevin Rosen Funds and Altitude Funds.
Details: The company researches solutions for improving drug efficacy. OVP Managing Director Chad Waite has joined the board.
Presidio Pharmaceuticals Inc.
San Francisco
www.presidiopharma.com
Amount/Round: $27M/B
Investors: New Leaf Venture Partners, Panorama Capital, Baker Brothers Investments, Ventures West Capital, Bay City Capital, Nexus Medical Partners and Sagamore BioVentures.
Details: Develops drugs focused on small-molecule compounds to treat HIV-1, HCV and other chronic viral infections. The funding brings the Series B round total to $53M.
SEMICONDUCTORS
Kovio Inc.
Milpitas, Calif.
www.kovio.com
Amount/Round: $20M/E
Investors: Bessemer Venture Partners, DAG Ventures, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, Mitsui Ventures, Northgate Capital, Panasonic Venture Group, Pangaea Ventures, Pinnacle Ventures and Yasuda Enterprise Development.
Details: Develops semiconductor products using thin-film technologies. The company previously raised about $44M in funding since 2001.
SOFTWARE
Aptana Inc.
San Mateo, Calif.
www.aptana.com
Amount/Round: $7.8M/B
Investors: Rembrandt Venture Partners (led) and Accel Partners.
Details: The company provides Web development software. Aptana previously raised $4M from Accel in Series A round late last year.
Blazent Inc.
San Mateo, Calif.
www.blazent.com
Amount/Round: $4.5M/NA
Investors: NA
Details: Provides IT intelligence software and services. The company had previously raised about $28M from Bain Capital Ventures, Benchmark Capital, FirstMark Capital, Brookside Management, Keynote Ventures, SV Life Sciences and StarVest Partners.
Telligent Systems Inc.
Dallas
www.telligent.com
Amount/Round: $4.5M/NA
Investors: NA
Details: Develops business intelligence software. The company had previously raised $20M from Intel Capital.
Terracotta Inc.
San Francisco
www.terracottatech.com
Amount/Round: $5.5M/NA
Investors: NA
Details: Develops software solutions to JAVA scalability issues. The funding is the first close of a $6.5M funding round, according to a regulatory filing. The company previously raised $29M from Accel Partners, Benchmark Capital and DAG Ventures. No new investors were listed.
VIDEO
Qik
San Mateo, Calif.
www.qik.com
Amount/Round: $5.5M/NA
Investors: Quest Venture Partners.
Details: Develops mobile video broadcasting services. The company previously raised undisclosed amount of funding from individual investors Marc Andreessen, Ben Horowitz, Marc Benioff, Arjun Gupta and George Garrick.
QuickPlay Media Inc.
Toronto
www.quickplay.com
Amount/Round: $12M/D
Investors: GMP Securities (led), General Catalyst Partners, JLA Ventures and Ventures West.
Details: Develops mobile video management solutions. The company previously raised $27M in funding.
WIRELESS COMMUNICATIONS
Aloqa
Palo Alto, Calif.
www.aloqa.com
Amount/Round: $1.5M/A
Investors: Wellington Partners (led) and individual investors.
Details: The company is developing mobile search technology. Sanjeev Agrawal, former head of Google product marketing, was named CEO.
Nexage
Fremont, Calif.
www.nexage.com
Amount/Round: $4M/A
Investors: BlackBerry Partners Fund and GrandBanks Capital.
Details: Develops mobile advertising solutions. The company says that it plans to relocate to Boston. Ryan Moore, general partner of GrandBanks, has joined the board.
Source: peHUB.com, company press releases and Thomson Reuters data
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