Week in deals, July 6, 2009

BIOTECH

Catalyst Biosciences Inc.

South San Francisco

www.catbio.com

Amount/Round: $21M/NA

Investors: Wyeth.

Details: Develops and engineers therapeutic protease products to treat hemophilia and other bleeding conditions. Under terms of the deal, Catalyst will receive a $21M up-front payment, with the potential to earn over $500M via research funding and milestone payments. The company previously had raised about $83M in funding from Burrill & Co., Essex Woodlands Health Ventures, HealthCare Ventures, Johnson & Johnson Development Corp., Morgenthaler Ventures, Novartis BioVentures and Sofinnova Ventures.

TARIS Biomedical

Lexington, Mass.

www.tarisbiomedical.com

Amount/Round: $15M/A

Investors: Flagship Ventures, Flybridge Capital Partners and Polaris Venture Partners.

Details: Develops drug convergence of pharmaceutical products. The company was co-founded by a team of MIT scientists.

CLEANTECH

SPG Holdings

Novato, Calif.

URL NA

Amount/Round: $13M/NA

Investors: Global Environment Fund and Robeco.

Details: Develops photovoltaic power systems and products.

CONSUMER INTERNET

High Gear Media

Palo Alto, Calif.

www.highgearmedia.com

Amount/Round: $5.5M/B

Investors: DAG Ventures (led), Accel Partners and Greylock Partners.

Details: Operates an online site for automotive information and related media. The company previously raised a $6.5M Series A round in November 2007 from Accel and Greylock.

Yapta

Seattle

www.yapta.com

Amount/Round: $2M/B

Investors: Voyager Capital (led), Bay Partners, First Round Capital, Swiftsure Capital and W Media Ventures.

Details: Provides online travel shopping service that tracks airline ticket pricing. The company has now raised $7.7M in funding since 2007.

ECOMMERCE

iSend

Watertown, Conn.

www.iSendOnline.com

Amount/Round: $2M/A

Investors: Gray Ghost Ventures, Village Ventures and NextLevel Venture Partners.

Details: Develops ecommerce technology to facilitate payments from the United States to Mexico, Central and South America and the Caribbean. The company had previously raised an undisclosed amount of seed funding from Village Ventures and NextLevel.

ELECTRONICS

Ventiva Inc.

Santa Clara, Calif.

www.ventiva.com

Amount/Round: $8M/NA

Investors: DCM and Foundation Capital.

Details: Makes tiny fans to cool the insides of consumer electronics. The company is led by CEO Ashwini Choudhary, formerly an executive-in-residence at Foundation. The stealth-mode company has not yet launched its website.

FOOD

Red Mango Inc.

Sherman Oaks, Calif.

www.redmango.com

Amount/Round: $1.2M/NA

Investors: NA

Details: Operates frozen yogurt shops. The funding is the first close of an $8M venture round, according to a regulatory filing. The company previously raised a $12M from CIC Partners and John Antioco, former CEO of Blockbuster, Taco Bell and Circle K. Antioco serves as Red Mango’s chairman.

INTERNET

MojoPages.com

Solana Beach, Calif.

www.mojopages.com

Amount/Round: $5M/A

Investors: Austin Ventures.

Details: Develops a search engine to find local businesses. Mike Dodd, venture partner of Austin Ventures, has joined the board.

Small Batch Inc.

San Francisco

www.smallbatchinc.com

Amount/Round: NA/A

Investors: True Ventures (led) and individual investors Ron Conway; Twitter co-founder Evan Williams; Caterina Fake, founder of Flickr and Hunch; WordPress founder Matt Mullenweg; Chris Sacca of Lowercase Capital; and Josh Felser and Dave Samuel of Freestyle Capital.

Details: The stealth company develops typography apps for Web designers called Typekit. Jeffrey Veen, co-founder of Small Batch, previously co-founded Adaptive Path.

INTERNET MARKETING

ClickFuel Inc.

Boston

www.clickfuel.com

Amount/Round: $2.5M/A

Investors: Baird Venture Partners.

Details: Provides online marketing services to small and mid-size business owners. The company, founded last year, is run by CEO Steve Pogorzelski, who was formerly a senior executive at Monster Worldwide, parent company of Monster.com. Bill Filip and Jim Pavlik, general partner and principal of Baird Venture Partners, have joined the board.

MED TECH

eCardio Diagnostics

The Woodlands, Texas

www.ecardio.com

Amount/Round: NA/A

Investors: Sequoia Capital.

Details: Develops cardiac monitoring devices. The funding is the company’s first institutional round of financing since its 2004 founding.

Small Bone Innovations

New York

www.totalsmallbone.com

Amount/Round: $108M/D

Investors: Goldman Sachs, Khazanah Nasional Berhad, Malaysian Technology Development Corp., The Family Office of Bahrain, Trevi Health Ventures, NGN Capital, 3i Group and TGap Ventures.

Details: Intends to develop and acquire technologies that treat trauma and diseases in small bones and joints. The company was formed in May 2004 by the principals of Viscogliosi Brothers. In 2008, the company raised a $36M Series C round from Viscogliosi and other investors.

Spiracur Inc.

Redwood City, Calif.

www.spiracur.com

Amount/Round: $20.3M/B

Investors: Kleiner Perkins Caufield & Byers (co-led), New Leaf Venture Partners (co-led) and De Novo Ventures

Details: Develops a medical device to help heal wounds. The company previously raised $4M and is based on technology from Stanford University’s bio-design program.

VytronUS Inc.

Sunnyvale, Calif.

www.vytronus.com

Amount/Round: $11M/B

Investors: Delphi Ventures and New Enterprise Associates.

Details: Develops cardiac medical devices. The funding is the first close of a $11.5M Series B round, according to a regulatory filing. The company previously raised $6.55M in funding.

MEDIA

Simage

Chicago

www.simagenetwork.com

Amount/Round: $1.4M/A

Investors: Horizon Investment Partners and individual investors, including Tony Brummel, founder and CEO of Victory Records.

Details: Operates a TV network for bars and restaurants.

NANOTECH

RainDance Technologies Inc.

Guilford, Conn.

www.raindancetechnologies.com

Amount/Round: $6M/C

Investors: Mohr Davidow Ventures, Pequot Capital and JDS Capital.

Details: Operates as a nanotech company that is developing a platform for droplet-based microfluidics. The funding represents a first close of an expected $12M Series C round, according to a regulatory filing.

PACKAGING

MailExpress Inc.

Atlanta

www.mailexpressinc.com

Amount/Round: $30M/D

Investors: Lightspeed Venture Partners (led), CMEA Capital, Logispring, XAnge Capital and Adams Street Partners.

Details: Develops mail processing solutions of light parcels and non-letter-size mail for corporations. The company previously raised $64M in funding. Eric O’Brien, managing director of Lightspeed, has joined the board.

PHARMACEUTICALS

ProCertus BioPharm Inc.

Madison, Wis.

www.procertus.com

Amount/Round: $2.1M/NA

Investors: Novartis Venture Fund and Venture Investors.

Details: Develops drugs to treat the side effects of chemotherapy and radiotherapy on cancer patients.

SOFTWARE

CloudSwitch Inc.

Waltham, Mass.

www.cloudswitch.com

Amount/Round: $8M/B

Investors: Commonwealth Capital Ventures (led), Atlas Venture and Matrix Partners

Details: Develops a software appliance for cloud computing. The company was incubated by Matrix Partners last year. CloudSwitch also named former SolidWorks CEO John McEleney as its new president and CEO.

Escapia Inc.

Seattle

www.escapia.com

Amount/Round: $1.6M/NA

Investors: Steven Atlas Accelerator, Buerk Dale Victor and individual investor Steven Murch.

Details: Provides software and services for vacation rental agencies. The company has now raised more than $8M in funding since 2004.

Sense Networks Inc.

New York

www.citysense.com.

Amount/Round: $6M/B

Investors: Intel Capital.

Details: Develops mobile location data software.

STORAGE

ParAccel

Cuptertino, Calif.

www.paraccel.com

Amount/Round: $22M/C

Investors: Menlo Ventures (led), Bay Partners, Mohr Davidow Ventures, Tao Venture Partners and Walden International.

Details: Develops data warehousing software. The company previously raised nearly $30M in funding since 2006.

VIDEO

Nokeena Networks

Menlo Park, Calif.

www.nokeena.com

Amount/Round: $6.5M/B

Investors: Mayfield Fund (led), Clearstone Venture Partners and Trinity Ventures.

Details: Develops online video storage and delivery technology. The company previously raised $8.7M in a Series A round last year from Clearstone and Trinity and individual investors. Nokeena is the first investment of Mayfield’s latest fund, the $395M fund XIII, which was raised in September 2008.