Week in deals, June 16, 2008

AGRA-TECH

PlantSense

San Jose, Calif.

www.plantsense.com

Amount/Round: $3.5M/A

Investors: Gabriel Venture Partners.

Details: Develops consumer-oriented plant monitoring technology to determine what plants can grow in certain locations.

BIOTECH

Itero Biopharmaceuticals Inc.

San Mateo, Calif.

www.iterobiopharm.com

Amount/Round: $21M/A

Investors: SV Life Sciences (co-led), Panorama Capital (co-led), VenturEast.

Details: Develops follow-on biologics to treat various diseases. Dr. Srinivas Akkaraju and Rodney Ferguson (managing directors of Panorama Capital), Michael Ross (managing partner of SV Life Sciences) and Bobba Venkatadri (general partner from VenturEast) have joined the board.

Merrimack Pharmaceuticals Inc.

Cambridge, Mass.

www.merrimackpharma.com

Amount/Round: $60M/F

Investors: Credit Suisse First Boston Next Fund Inc., Crocker Ventures, HNI Holdings Ltd. and funds advised by Noonday Asset Management LP, TPG-Axon Capital and WT Investment Advisors Fund LP.

Details: Focuses on the discovery and development of novel treatments for autoimmune disease and cancer.

NephroGenex Inc.

Princeton, N.J.

www.nephrogenex.com

Amount/Round: $25.3M/A

Investors: Care Capital (led), Rho Ventures, BioStratum Inc.

Details: Develops treatments for kidney disease using molecular profiling. The company relocated from Cary, N.C.

CHIPS

Beeco Inc.

Research Triangle Park, N.C.

URL NA

Amount/Round: $5M/A

Investors: RTI International (co-led), Intersouth Partners (co-led).

Details: Operates as a semiconductor with technology spun out from RTI International.

CLEANTECH

Aurora Biofuels Inc.

Alameda, Calif.

www.aurorabiofuels.com

Amount/Round: $20M/B

Investors: Oak Investment Partners (led), Gabriel Venture Partners, Noventi.

Details: Develops biofuels using open-pond algae aquaculture. The company raised $5M in a Series A round last year.

ECO2 Plastics Inc.

San Francisco

www.eco2plastics.com

Amount/Round: $6.5M/NA

Investors: Trident Capital (led), Thompson Hutton.

Details: Calls itself an eco-friendly recycling company that recycles plastic without creating wastewater.

Helios Coatings Inc.

Canton, Ohio

www.helioscoatingsinc.com

Amount/Round: $4M/NA

Investors: Hopewell Ventures, G.C. Andersen Partners.

Details: Develops environmentally friendly metallic coating systems for the automotive industry. Tom Parkinson from Hopewell Ventures and Thomas Blum from G.C. Anderson Partners have joined the board. Hopewell invested $5.5M in the company earlier this year.

COMMUNICATIONS

Sutus Inc.

Vancouver

www.sutus.com

Amount/Round: $5M/NA

Investors: BDC Venture Capital, GrowthWorks Capital.

Details: Develops integrated communications device for small businesses.

CONSUMER

Ugobe

Emeryville, Calif.

www.ugobe.com

Amount/Round: $12.8M/C

Investors: Hyield Venture Capital.

Details: Makes the Pleo dinosaur robot. Investor Hyield Venture Capital is based in Taiwan.

CONSUMER INTERNET

Capzles

Los Angeles

www.capzles.com

Amount/Round: NA/A

Investors: NA

Details: Operates a social networking site.

RockYou

San Mateo, Calif.

www.rockyou.com

Amount/Round: $35M/C

Investors: DCM.

Details: Develops photo sharing technology and other widgets people can use on social networking sites. The company, a.k.a. netPickle Inc., did not say if existing shareholders Sequoia Capital and Lightspeed Venture Partners also participated in the funding round. The company has now raised more than $47 since it was founded in early 2006.

ECOMMERCE

ChipIn Inc.

Honolulu

www.chipin.com

Amount/Round: $5.1M/B

Investors: Polaris Venture Capital, GVC.

Details: Develops software for raising and collecting money online. The company also operates a website in beta testing at sproutbuilder.com that manages widgets and media content online.

Infopia Inc.

Salt Lake City

www.infopia.com

Amount/Round: $12M/C

Investors: UV Partners (led), Hummer Winblad Venture Partners, Trident Capital, TransPacific Capital Partners.

Details: Provides e-commerce software for online businesses. The company has now raised about $24M in funding since 2004.

Yodlee Inc.

Redwood City, Calif.

www.yodlee.com

Amount/Round: $35M/NA

Investors: Bank of America (led), Warburg Pincus, Accel Partners, Institutional Venture Partners.

Details: Operates an online financial services portal.

MARKETING

5th Finger

San Francisco

www.5thfinger.com

Amount/Round: $7M/NA

Investors: Starfish Ventures.

Details: Provides mobile marketing services.

Jivox Corp.

San Mateo, Calif.

www.jivox.com

Amount/Round: $10.7M/A

Investors: Opus Capital (led), Helion Venture Partners.

Details: Provides an online video advertising platform for local businesses. The company raised $2.7M from Opus Capital earlier this year. The company was expected to announce the funding this week.

Kiptronic Inc.

San Francisco

www.kiptronic.com

Amount/Round: $3M/B

Investors: NA

Details: Provides ad insertions in audio and video podcasts. The company previously raised a $4M Series A round co-led by Blueprint Ventures and Prism VentureWorks.

WidgetBucks

Seattle

www.widgetbucks.com

Amount/Round: $10M/B

Investors: Draper Fisher Jurvetson (led), Ignition Partners.

Details: Provides an ecommerce advertising network of shopping widgets for Web publishers, affiliates and bloggers. DFJ Partner Bill Bryant has joined the board.

MED TECH

Entellus Medical Inc.

Maple Grove, Minn.

www.entellusmedical.com

Amount/Round: $15M/C

Investors: Montagu Newhall Associates (led), Split Rock Partners, SV Life Sciences.

Details: Develops medical devices for the treatment of sinusitis.

GenVault Corp.

Carlsbad, Calif.

www.genvault.com

Amount/Round: $13M/NA

Investors: Montagu Newhall Associates (led), Cross Creek Capital, Domain Associates, QuestMark Partners.

Details: Provides room-temperature biosample management solutions for genomic discovery. The company has now raised about $55M million in several rounds of funding since 2002.

Sinexus Inc.

Palo Alto, Calif.

www.sinexusinc.com

Amount/Round: $20M/B

Investors: PTV Sciences (led), Kleiner Perkins Caufield & Buyers, U.S. Venture Partners.

Details: Develops medical devices for the treatment of chronic sinusitis. The company also named Lisa Earnhardt as CEO. She previously was president of Boston Scientific’s cardiac surgery unit.

SECURITY

SenSage Inc.

San Francisco

www.sensage.com

Amount/Round: $15M/E

Investors: FTVentures (led), Sand Hill Capital, Sierra Ventures, Canaan Partners, Mitsui Ventures

Details: Provides security management for enterprise storage. The company has now raised more than $45M in total VC funding since it was founded in 2000.

Symplified

Boulder, Colo.

www.symplified.com

Amount/Round: $6M/A

Investors: Granite Ventures (co-led), Allegis Capital (co-led).

Details: Develops identity management Web applications. The company was formed by the founding team of Securant (which sold to RSA Security in 2001).

SOFTWARE

ClickFox Inc.

Atlanta

www.clickfox.com

Amount/Round: $12.5M/B

Investors: Ascent Venture Partners (led), Cedar Fund, Delta Ventures, Veritas Venture Partners.

Details: Provides user behavior analysis and optimization software. The company has raised $17M since 2003.

DeCarta

San Jose

www.decarta.com

Amount/Round: $6M/NA

Investors: T-Mobile Venture Fund, Cardinal Venture Capital, Mobius Venture Capital, Norwest Venture Partners.

Details: Develops software and services for the location-based services industry. The T-Mobile Venture Fund is the venture capital arm of Deutsche Telekom AG.

Innotas

San Francisco

www.innotas.com

Amount/Round: $6M/C

Investors: ArrowPath Venture Partners, Velocity Interactive Group and several undisclosed strategic investors.

Details: Develops on-demand project portfolio management software. The company has now raised more than $13M since 2006.

Krillion Inc.

Palo Alto, Calif.

www.krillion.com

Amount/Round: $6M/A

Investors: Leapfrog Ventures (led), Hummer Winblad Venture Partners.

Details: Develops inventory tracking software. The funding brings the Series A round total to $9.1M. Ann Winblad of Hummer Winblad has joined the board. Company CEO Joel Toledano was previously the director of business development for Yahoo Search.

TECHNOLOGY

Icynene Group Ltd.

Mississauga, Ontario

www.icynene.com

Amount/Round: $15M/NA

Investors: NA

Details: Develops spray foam insulation.

VIDEO

EatLime Inc.

Sunnyvale, Calif.

www.eatlime.com

Amount/Round: NA/A

Investors: Draper Fisher Jurvetson.

Details: Operates as an online video-sharing company.

GlassBOX Television Inc.

Toronto, Canada

www.glassbox.tv

Amount/Round: $5M/NA

Investors: JLA Ventures (led), Aver Media, Frantic Films Corp. and individual investors.

Details: Operates a broadcast network and provides video on demand technology.

LiveU Inc.

Fair Lawn, N.J.

www.liveu.tv

Amount/Round: $9M/B

Investors: Carmel Ventures, Canaan Partners.

Details: Enables live video transmission over wireless networks. The company, which previously raised $3M in early 2007, also has an office in Israel.

MovieSet Inc.

Vancouver, Canada

www.movieset.com

Amount/Round: $2M/NA

Investors: Rho Capital.

Details: Operates a website for film producers to post behind-the-scenes footage of film productions. VentureWire reported that the funding is the first tranche of a milestone-based $5M commitment from Rho Capital.

WIRELESS COMMUNICATIONS

Roamware

San Jose, Calif.

www.roamware.com

Amount/Round: NA/NA

Investors: T-Mobile Venture Fund.

Details: Provides roaming solutions for mobile communications. The company had previously raised VC funding from DCM, Accretive Technology Partners and Shelter Capital Partners, including a $14M Series C round in 2005.

Yap Inc.

Charlotte, N.C.

www.yapme.com

Amount/Round: $6.5M/A

Investors: SunBridge Partners (led), Harbert Venture Partners, Pittco Capital Partners and individual investors.

Details: Develops a SMS texting technology for mobile phones using speech recognition.