Week in deals, July 27, 2009

BIOTECH

Quantum Immunologics Inc.

Tampa, Fla.

www.quantumimmunologics.com

Amount/Round: $2.2M/NA

Investors: Mentor Capital.

Details: Develops cancer immunotherapies.

CLEANTECH

Advanced Telemetry

San Diego

www.advancedtelemetry.com

Amount/Round: NA/B

Investors: The Quercus Trust (led) and 21Ventures.

Details: Develops energy and resource conservation solutions.

eMeter Inc.

San Mateo, Calif.

www.emeter.com

Amount/Round: $32M/NA

Investors: Sequoia Capital (led) and Foundation Capital.

Details: Provides smart grid management software and systems.

GreenRay Inc.

Westford, Mass.

www.greenraysolar.com

Amount/Round: $2M/A

Investors: Quercus Trust (led) and 21Ventures.

Details: Develops solar technology for residential homes.

COMMUNICATIONS

Vocollect Inc.

Pittsburgh

www.vocollect.com

Amount/Round: $15M/NA

Investors: Riverside Partners.

Details: Provides voice solutions for workforce management of mobile workers.

HEALTH CARE

IntegriChain Inc.

New York

www.integrichain.com.

Amount/Round: NA/B

Investors: Milestone Venture Partners (led) and Cross Atlantic Partners.

Details: Provides data and analytics software to the pharmaceuticals industry. Morgan Rodd, general partner at Milestone, has joined the board.

MedVentive Inc.

Cambridge, Mass.

www.medventive.com

Amount/Round: $7.25M/C

Investors: Excel Venture Management (led), HLM Venture Partners and Long River Ventures.

Details: Develops software for pharmacy management and evidence-based medicine. The company has now raised more than $15M in funding since 2006. Enrico Petrillo, managing director at Excel, has joined the board. Caleb Winder, vice president at Excel, will serve as a board observer.

INTERNET

Constructive

Vancouver, British Columbia

www.constructive-media.com

Amount/Round: NA/NA

Investors: Yaletown Venture Partners.

Details: Operates a collaborative online network called Partnerpedia.

Home-Account Inc.

San Francisco

www.home-account.com

Amount/Round: NA/NA

Investors: Rembrandt Ventures and Freedom Financial Network.

Details: Provides an online mortgage finding service. The company had received seed funding from Charles River Ventures’ QuickStart program.

PriceDrip

Monroe Township, N.J.

www.pricedrip.com

Amount/Round: NA/seed

Investors: 2G Associates.

Details: Operates an online auction site.

ProtonMedia

Lansdale, Pa.

www.protonmedia.com

Amount/Round: $2.5M/A

Investors: Originate Ventures and Osage Ventures.

Details: Develops an online collaboration tool for business.

INTERNET MARKETING

Definition 6

Atlanta

www.Definition6.com

Amount/Round: $15M/NA

Investors: Navigation Capital Partners.

Details: Operates an interactive marketing agency.

Intent Media

New York

www.intentmedia.com

Amount/Round: $9M/A

Investors: Matrix Partners.

Details: The startup operates an online advertising company launched by the founding team of Site59.

Lat49

Vancouver

www.lat49.com

Amount/Round: $1.5M/A

Investors: PenderFund Capital Management (led) and Discovery Capital.

Details: The startup says it provides an online, geo-contextual advertising network. David Roberts, entrepreneur-in-residence at PenderFund, has joined the board.

MED TECH

BeneChill

San Diego

www.benechill.com

Amount/Round: $13.5M/C

Investors: HealthCap, MedVenture Associates, NGN Capital, and the Solon Foundation.

Details: Develops medical devices for treating hypothermia. The company has now raised $23.5M in funding since 2006. Johan Christenson of HealthCap has joined the board.

Oraya Therapeutics Inc.

Newark, Calif.

www.orayainc.com

Amount/Round: $42M/C

Investors: Domain Associates (co-led), Scale Venture Partners (co-led), Essex Woodlands Health Ventures and Synergy Life Partners.

Details: Develops radiation treatment of wet age-related macular degeneration, a common cause of blindness. The company previously raised $22M in funding. Mark Brooks, a managing director with Scale, and Brian Halak, a partner with Domain Associates, have joined the board.

Signostics Inc.

Palo Alto, Calif.

www.signosticsmedical.com

Amount/Round: $4M/NA

Investors: Brandon Capital Partners, Playford Capital and Terra Rossa Capital.

Details: Develops portable ultrasound devices. The company had previously raised $9M in funding.

NETWORKING

iPeak Networks

Ottawa, Ontario

www.ipeaknetworks.com

Amount/Round: NA/A

Investors: Miralta Capital.

Details: The startup provides networking technology to prevent packet loss.

PHARMACEUTICALS

Cognition Therapeutics Inc.

Pittsburgh

www.cogrx.com

Amount/Round: $1.21M/A

Investors: Ogden CAP (led), M5Invest Partners, Pittsburgh Life Sciences Greenhouse, Innovation Works and individual investors.

Details: Develops treatments for Alzheimer’s and other degenerative diseases of the human brain.

NewLink GeneticsCorp.

Ames, Iowa

www.newlinkgenetics.com

Amount/Round: $7.5M/D

Investors: NA

Details: Develops cancer vaccines and drugs that modulate the immune system.

Profectus BioSciences Inc.

Baltimore

www.profectusbiosciences.com.

Amount/Round: $5M/C

Investors: Cross Atlantic Capital Partners.

Details: Develops vaccines for chronic viral infections. The funding brings the company’s total venture capitalization to $19M.

SOFTWARE

Acquia Inc.

North Andover, Mass.

WWW.acquia.com

Amount/Round: $8M/B

Investors: North Bridge Venture Partners and Sigma Partners.

Details: Develops an open-source content management system called Drupl. The company previously raised $7M North Bridge Venture Partners, Sigma Partners and O’Reilly AlphaTech Ventures.

Narus Inc.

Sunnyvale, Calif.

www.narus.com

Amount/Round: $8.7M/NA

Investors: American Capital, Mayfield Fund, NeoCarta Ventures, Panorama Capital and Walden International.

Details: Develops business infrastructure systems and software. The company previously raised about $105M in funding.

SlideRocket

San Francisco

www.sliderocket.com

Amount/Round: $5M/B

Investors: Azure Capital Partners (led) and Hummer Winblad Venture Partners.

Details: Develops online presentation software. The company has now raised more than $11M in funding since late 2007. Hummer Winblad led the company’s Series A round. In other company news, SlideRocket has named former SalesForce.com executive Chuck Dietrich as its new CEO and co-founder Mitch Grasso will assume the role of CTO.

Azure Capital Partners General Partner Ray Carey has joined the board.

STORAGE

Akiba Technologies Inc.

Boston

www.akibainc.com

Amount/Round: $6.5M/A

Investors: Foundation Capital and North Bridge Venture Partners.

Details: The company, operating in stealth mode, is developing a database virtualization solution. Steve Vassallo of Foundation and Michael Skok of North Bridge have joined the board.

VIDEO

Invodo Inc.

Austin, Texas

www.invodo.com

Amount/Round: $6M/B

Investors: Sevin Rosen Funds and S3 Ventures.

Details: Operates an online video management platform. The company previously raised $1.5M in funding.

WIRELESS COMMUNICATIONS

Aloqa Inc.

Palo Alto, Calif.

www.aloqa.com

Amount/Round: $1.5M/A

Investors: Wellington Partners (led) and individual investors.

Details: Develops context-aware mobile applications.

Source: Thomson Reuters database, company websites and press release