Adnavance Technologies Inc.
Vancouver, British Columbia
www.adnavance.com
Amount/Round: $1.8M/B
Investors: GrowthWorks Working Opportunity Fund, Canadian Medical Discoveries Fund, Business Development Bank of Canada.
Details: Provides molecular diagnostics. The company, which also has offices in San Diego, previously raised $3.3M in 2005.
Collegium Pharmaceutical Inc.
Cumberland, R.I.
www.collegiumpharma.com
Amount/Round: $20M/D
Investors: Frazier Healthcare Ventures (led), Boston Millennia Partners, Westfield Capital Management.
Details: Develops drugs to treat central nervous system, respiratory and skin-related disorders.
Dicerna Pharmaceuticals Inc.
Cambridge, Mass.
www.dicerna.com
Amount/Round: $8.4M/A
Investors: Abingworth, Oxford Bioscience Partners, Skyline Ventures.
Details: Provides research and development of drugs. The funding brings the Series A round to $21.4M.
CLEANTECH
Arisdyne Systems
Cleveland, Ohio
www.arisdyne.com
Amount/Round: $5.3M/A
Investors: NA
Details: Develops alternative fuels. The funding enables the company to spin out from parent company Five Star Technologies.
Hycrete Inc.
Carlstadt, N.J.
www.hycrete.com
Amount/Round: $15M/C
Investors: Mohr Davidow Ventures, NGEN Partners, RockPort Capital Partners.
Details: Uses “green” building materials to construct waterproof concrete.
Iogen Energy Corp.
Ottawa, Ontario
www.iogen.ca
Amount/Round: NA/NA
Investors: Royal Dutch Shell Corp.
Details: Operates a facility to make cellulosic ethanol. Shell invested in Iogen in 2002 alongside Goldman Sachs & Co., Petro-Canada, the government of Canada and biotech producer Royal DSM NV.
Wakonda Technologies
Boston
wakondatech.com
Amount/Round: $9.5M/A
Investors: Advanced Technology Ventures (led), General Catalyst Partners, Polaris Venture Partners, Applied Ventures, Massachusetts Green Energy Fund.
Details: Develops solar photovoltaic technology.
CONSUMER INTERNET
Blogher
Palo Alto, Calif.
www.blogher.com
Amount/Round: $5M/B
Investors: Peacock Equity, Venrock.
Details: Operates a network of blogs for women. The company raised $3.5M from Venrock last year.
BountyJobs.com Inc.
New York
www.bountyjobs.com
Amount/Round: $12M/B
Investors: Greylock Partners (led), RPM Ventures, Tiger Global Management and individual investor John Osher.
Details: Operates an online recruitment company.
Gaia Online
San Jose, Calif.
www.gaiaonline.com
Amount/Round: $11M/C
Investors: Institutional Venture Partners.
Details: Operates a social networking website for teens. The company has now raised about $47M in funding since 2006 from IVP, Benchmark Capital, Redpoint Ventures and other investors.
NeoSaej
Burlington, Mass.
www.neosaej.com
Amount/Round: $7M/NA
Investors: Stata Venture Partners, NeoNet.
Details: Operates MoneyAisle.com, an online auction marketplace. Ray Stata, co-founder of Analog Devices and founder of Stata Venture Partners, is chairman of the company.
Shopflick
Los Angeles
www.shopflick.com
Amount/Round: $7M/A
Investors: Panorama Capital, Venrock.
Details: Operates an online video-shopping marketplace.
Trulia.com
San Francisco
www.trulia.com
Amount/Round: $15M/NA
Investors: Deep Fork Capital. Sequoia Capital, Accel Partners, Fayez Sarofim and Co.
Details: Provides real estate search services. Deep Fork Capital is a $250M investment firm solely funded by Aubrey McClendon, co-owner of the Seattle SuperSonics.
YouSendIt Inc
Campbell, Calif.
www.yousendit.com
Amount/Round: $14M/C
Investors: Emergence Capital, Sigma Partners, Alloy Ventures, Sevin Rosen Funds, Cambrian Ventures.
Details: Operates a file sharing website.
DATABASE
Trackvia Inc.
Denver, Colo.
www.trackvia.com
Amount/Round: NA/A
Investors: FlyWheel Ventures, Access Venture Partners and individual investors, including Tim Draper, Aydin Senkut and Howard Hartenbaum.
Details: Provides online database application for managing and sharing business-critical data.
EDUCATION
Presidium Learning Inc.
Reston, Va.
www.presidiumlearning.com
Amount/Round: $7.5M/NA
Investors: Edison Venture Fund.
Details: Provides higher education technology services.
Starfish Retention Solutions Inc.
Arlington, Va.
www.starfishsolutions.com
Amount/Round: $3.5M/A
Investors: Novak Biddle Venture Partners.
Details: Develops educational software.
ENTERTAINMENT & RECREATION
Atomic Moguls Inc.
Seattle
www.fantasymoguls.com
Amount/Round: $1M/NA
Investors: Second Avenue Partners, Amazon.com Inc.
Details: Develops fantasy games focused on sports and entertainment based games. The company has now raised $2.5M from Second Avenue Partners and Amazon.com since February 2007.
Challenge Online Games
Austin, Texas
www.challengegames.com
Amount/Round: $4.5M/A
Investors: Sequoia Capital.
Details: Develops online games.
Riot Games Inc.
Los Angeles
www.riotgames.com
Amount/Round: $7M/B
Investors: Benchmark Capital, FirstMark Capital.
Details: Develops video games. The company raised $4M from Benchmark and FirstMark (f.k.a. Pequot Capital) in January.
Social Gaming Network
Palo Alto, Calif.
www.socialgn.com
Amount/Round: NA/NA
Investors: Bezos Expeditions.
Details: Develops a social game distribution platform. Bezos Expeditions is the personal investment fund of Amazon.com founder and CEO Jeff Bezos. The company raised $15M in May from Greylock Partners, Novak Biddle Venture Partners, The Founders Fund, Columbia Capital and individual investors.
INTERNET
Clickability
San Francisco
www.clickability.com
Amount/Round: $3.5M/debt
Investors: SaaS Capital Inc.
Details: Provides hosted Web content management, interactivity, analytics and navigation technology. The company previously raised $16M in funding from Convergence Partners and Shasta Ventures.
Cognition Technologies
Culver City, Calif.
www.cognition.com
Amount/Round: $2.7M/A
Investors: Draper Associates, Fingerhut Ventures and CEO Scott Jarus.
Details: Develops a natural language search engine. The company raised about $700K from the Tech Coast Angels in late 2006.
ON24
San Francisco
www.on24.com
Amount/Round: $8M/NA
Investors: NA
Details: Develops webcasting technology. Customers include IBM, Cisco Systems, Hewlett-Packard and Thomson Reuters, the parent company of PE Week. The company was founded in 1998 as Newsource to become a distribution center for Internet-based video press releases. The company has raised $42M in funding since 1999 from Canaan Partners and U.S. Venture Partners.
TrustE
San Francisco
www.truste.org
Amount/Round: NA/A
Investors: Accel Partners.
Details: Provides certification seals to Internet companies that help consumers determine which websites offer services that are secure and that do not violate privacy standards. The company—founded in 2001 by the digital rights advocate Electronic Frontier Foundation and CommerceNet—will no longer operate as a non-profit organization.
MARKETING
Perfect Market
Pasadena, Calif.
www.perfectmarket.com
Amount/Round: $15.6M/NA
Investors: Trinity Ventures, Rustic Canyon Partners, Square 1 Bank, Idealab.
Details: Provides marketing services for publishers. Larry Orr of Trinity Ventures and Nate Redmond of Rustic Canyon Partners have joined the board.
Sojern
Omaha, Neb.
www.sojern.com
Amount/Round: $16M/A
Investors: Norwest Venture, Trident Capital.
Details: Develops advertising and marketing solutions for travel-related websites.
MED TECH
CardioKinetix Inc.
Redwood City, Calif.
www.cardiokinetix.com
Amount/Round: $14.5M/C
Investors: Cutlass Capital, JPMorgan Partners, U.S. Venture Partners, Hambrecht & Quist Capital Management.
Details: Develops medical devices for treating congestive heart failure.
Eleme Medical
Merrimack, N.H.
www.elememedical.com
Amount/Round: $18M/C
Investors: L Capital Partners (led), Hambrecht & Quist Capital Management, Three Arch Partners, EDF Ventures.
Details: Develops a non-invasive laser-based system for improving the appearance of cellulite. The company, f.k.a. SmoothShapes, raised a $15M round in March 2007 from Three Arch and EDF Ventures.
Myoscience Inc.
Redwood City, Calif.
URL NA
Amount/Round: $10.4M/B
Investors: Nexus Medical Partners (led), Accuitive Medical Ventures, De Novo Ventures, Saratoga Ventures.
Details: Develops medical technology with applications in cosmetic surgery. The company previously raised about $3.2M.
Sabal Medical
Daniel Island, S.C.
www.sabalmedical.com
Amount/Round: $1.6M/B
Investors: Nexus Medical Partners.
Details: Develops mobile medication-tracking technology. The company raised $1.3M earlier this year from Nexus Medical Partners and other undisclosed investors.
Tyrell Inc.
Houston, Texas
www.myzeno.com
Amount/Round: $28M/NA
Investors: Santé Ventures, Catterton Partners, Austin Ventures.
Details: Develops a handheld device, called Zeno, which treats acne. Kevin Lalande, managing partner of Santé Ventures, and Michael Farello, partner at Catterton Partners, have joined the board.
RFID
ThingMagic Inc.
Cambridge , Mass.
www.thingmagic.com
Amount/Round: $9.5M/NA
Investors: Tudor Ventures, The Exxel Group, Morningside Technology Ventures, .406 Ventures.
Details: Develops radio frequency identification (RFID) technology. The company has now raised about $30M in financing since 2005.
SECURITY
A10 Networks Inc.
San Jose, Calif.
www.a10networks.com
Amount/Round: $23M/C
Investors: Mitsui & Co. Ltd. (led), Triton Ventures, H&Q/Asia Pacific, Harbinger Venture Management, Enspire Capital.
Details: Provides networking security solutions.
SOFTWARE
Appian
Vienna, Va.
www.appian.com
Amount/Round: $10M/A
Investors: Novak Biddle Venture Partners.
Details: Develops business process management software. Novak Biddle co-founder Jack Biddle has joined the board. The funding is expected to be announced today (July 21).
Brightree
Duluth, Ga.
www.brightree.com
Amount/Round: NA/NA
Investors: Battery Ventures.
Details: Provides software as a service for the medical equipment industry.
ByteShield
San Francisco
www.byteshield.net
Amount/Round: NA/NA
Investors: Gylling Invest AB and individual investors.
Details: Develops anti-piracy and digital rights software.
Engine Yard
San Francisco
www.engineyard.com
Amount/Round: $15M/B
Investors: New Enterprise Associates (led), Amazon.com, Benchmark Capital.
Details: Develops open-source cloud computing software. Peter Sonsini, partner at NEA, has joined the board.
Laru Corp.
El Dorado Hills, Calif.
www.larucorp.com
Amount/Round: NA/A
Investors: Velocity Venture Capital.
Details: Develops compliance management software.
OpenSpan Inc.
Alpharetta, Ga.
www.openspan.com
Amount/Round: $13M/C
Investors: FTVentures (co-led), Globespan Capital Partners (co-led), Matrix Partners, Sigma Partners, Imlay Investments.
Details: Develops integration software that helps link applications together. Dave Fachetti, managing director, Globespan Capital Partners, has joined the board. Liron Gitig, principal of FTVentures, was named a board observer.
Zend Technologies Ltd.
Cupertino, Calif.
www.zend.com
Amount/Round: $7M/debt
Investors: TriplePoint Capital.
Details: Develops Internet infrastructure technology. Co-founders Andi Gutmans and Zeev Suraski helped to create personal home page (PHP) tools.
TECHNOLOGY
Adapx
Seattle
www.adapx.com
Amount/Round: NA/NA
Investors: In-Q-Tel.
Details: Develops digital pen and paper technology. The company previously raised about $11M from OVP Venture Partners, New World Technology Ventures and Paladin Capital Management.
WIRELESS COMMUNICATIONS
Sand 9 Inc.
Boston
www.sand9.com
Amount/Round: $8M/A
Investors: Flybridge Capital Partners (led), General Catalyst Partners, Khosla Ventures.
Details: Develops wireless communications components using nanomechanical technology. The company raised $2M in May 2007 from General Catalyst and Khosla Ventures. David Aronoff, a general partner with Flybridge Capital, has joined the board.
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