Meritage Pharma Inc.
San Diego
www.meritagepharma.com
Amount/Round: $22.5M/A
Investors: Domain Associates, Latterell Venture Partners, The Vertical Group.
Details: Develops drugs to treat allergic inflammation of the gastrointestinal tract.
Mpex Pharmaceuticals
San Diego
www.mpexbio.com
Amount/Round: $8.5M/NA
Investors: GlaxoSmithKline.
Details: Develops antibacterial drugs. The deal is part of a strategic partnership with GlaxoSmithKline. In addition to the $8.5M upfront investment, the company is due to receive a $6.5M equity investment and milestones worth between $200M and $250M. The company previously raised nearly $35M in VC funding from Western States Investment Group, Aberdare Ventures, HBM BioVentures, Adams Street Partners and SV Life Sciences.
Vaccsys Inc.
Seattle
www.vaccsys.com
Amount/Round: $9M/A
Investors: Alta Partners, The Column Group,Versant Ventures.
Details: Develops vaccines. The funding is the first call down of an $18M Series A round, according to a regulatory filing.
CHIPS
Solarflare Communications Inc.
Irvine, Calif.
www.solarflare.com
Amount/Round: $26M/NA
Investors: Oak Investment Partners, Foundation Capital, Accel Partners, Amadeus Capital Partners.
Details: Develops semiconductors for network and system connectivity. The company has now raised more than $125M in total VC funding since early 2001.
CLEANTECH
Lehigh Technologies Inc.
Naples, Fla.
www.lehightechnologies.com
Amount/Round: NA/NA
Investors: Kleiner Perkins Caufield & Byers, Index Ventures.
Details: Provides rubber recycling services to manufacture such products as tires, automotive parts and other consumer goods. The company raised an $18M round led by Natural Gas Partners early last year.
COMMUNICATIONS
Funambol Inc.
Redwood City, Calif.
www.funambol.com
Amount/Round: $12.5M/B
Investors: Nexit Ventures (led), Castile Ventures, Walden International, HIG Ventures
Details: Develops open-source mobile application servers that provide push email and other communications services.
CONSUMER INTERNET
Answers Corp.
New York
www.answers.com
Amount/Round: $13M/PIPE
Investors: Redpoint Ventures.
Details: Operates an online reference portal. The company previously raised about $32M in several rounds of funding from Dawntreader Ventures, Flatiron Partners, Garage Technology Ventures, Goldman Sachs and other investors.
i2we Inc.
Berkeley, Calif.
www.i2we.com
Amount/Round: $750K/A
Investors: IDG Ventures San Francisco.
Details: Develops social networking applications, such as I Am Green, I Am Happy, I Am Teacher and other “I Am” applications on Facebook. The company was founded by Karel Baloun, the first senior engineer at Facebook.
JazzD Markets Inc.
Brookline, Mass.
URL NA
Amount/Round: $8M/A
Investors: Commonwealth Capital Ventures, Pilot House Ventures.
Details: A startup developing an online directory. The company is run by former Aberdeen Group CEO James Bedard.
LinkedIn Corp.
Mountain View, Calif.
www.linkedin.com
Amount/Round: $53M/D
Investors: Bain Capital Ventures (led), Sequoia Capital, Bessemer Venture Partners, Greylock Partners.
Details: Operates a social networking company for businesspeople. The funding was at a valuation of about $1B. The company has now raised $80M in funding, including a $12.8M Series C round in early 2007 at a valuation of about $250M.
Wazoo Sports Inc.
London, Ky.
www.wazoosports.com
Amount/Round: $2M/NA
Investors: Meritus Ventures.
Details: Operates a high school sports broadcast network.
Zoosk
San Francisco
www.zoosk.com
Amount/Round: $4.1M/B
Investors: Canaan Partners, ATA Ventures.
Details: Operates a social dating network. Deepak Kamra, general partner at Canaan Partners, has joined the board.
ENTERTAINMENT & RECREATION
Control4 Corp.
Draper, Utah
www.control4.com
Amount/Round: $20M/F
Investors: Foundation Capital, Frazier Technology Ventures, Thomas Weisel Venture Partners, vSpring Capital.
Details: Develops home control and entertainment system solutions. The company has raised more than $80M since 2003.
FINANCIAL
On Deck Capital Inc.
New York
www.ondeckcapital.com
Amount/Round: $100M/debt
Investors: Silar Advisors.
Details: Provides financing for small businesses that wouldn’t normally qualify for bank loans. The company previously raised VC funding from RRE Ventures, Village Ventures, First Round Capital, Khosla Ventures and Contour Venture Partners.
MED TECH
Cameron Health Inc.
San Clemente, Calif.
www.cameronhealth.com
Amount/Round: $51.5M/E
Investors: PTV Sciences, Boston Scientific, Delphi Ventures, Sorrento Ventures, Three Arch Partners, Versant Ventures.
Details: Makes implantable devices for the treatment of cardiac disorders. Piper Jaffray served as placement agent. The company has now raised more than $130M since early 2001.
SECURITY
Neocleus Inc.
Jersey City, N.J.
www.neocleus.com
Amount/Round: $11.4M/B
Investors: Battery Ventures, Gemini Israel Funds.
Details: Provides endpoint virtualization solutions. The company has raised more than $17M since December 2006.
SOFTWARE
ImageSpan Inc.
Sausalito, Calif.
www.imagespan.com
Amount/Round: $11M/B
Investors: Bertelsmann Digital Media Investments (led), New York City Investment Fund, City Lights Capital Management, Ackerley Partners, Greycroft Partners, Village Ventures
Details: Develops licensing automation for digital content to settle royalty payments.
PSS Systems Inc.
Mountain View, Calif.
www.pss-systems.com
Amount/Round: $18M/D
Investors: FTVentures (led), Lightspeed Venture Partners, Azure Capital Partners, Granite Ventures, Cipio Partners.
Details: Develops software for the legal industry. The company, f.k.a. Pervasive Security Systems Inc., raised $16M in a Series A round in September 2001. Eric Byunn, partner at FTVentures, has joined the board.
RoundBox Inc.
Florham Park, N.J.
www.roundbox.com
Amount/Round: $12M/C
Investors: Montagu Newhall Associates, Core Capital Partners, Polaris Venture Partners, RRE Ventures.
Details: Develops mobile broadcast software. The funding is the first call down of a $20M Series C round, according to a regulatory filing. The company previously raised $23M over two rounds.
Verticals onDemand
Pleasanton, Calif.
www.verticalsondemand.com
Amount/Round: $4M/A
Investors: Emergence Capital Partners.
Details: Develops customer relationship management software solutions.
TECHNOLOGY
ShotSpotter Inc.
Mountain View, Calif.
www.shotspotter.com
Amount/Round: $7.5M/D
Investors: The Westly Group (led), Norwest Venture Partners, Broidy Capital Management, Band of Angels, City Light Capital, Claremont Creek Ventures, Labrador Ventures, Lauder Partners, Levensohn Venture Partners.
Details: Provides gunshot location systems for the public safety and military markets. The company has raised more than $30M since 2006.
TELECOM
TeleSphere
Phoenix
www.telesphere.com
Amount/Round: $10M/NA
Investors: Greenspun Corp., Rally Capital, Hawkeye Capital.
Details: Provides managed telecom and Internet services.