Week in deals, June 30, 2008

BIOTECH

ProThera Biologics Inc.

East Providence, R.I.

www.protherabiologics.com

Amount/Round: $500K/seed

Investors: The Slater Technology Fund.

Details: Develops inter-alpha inhibitor proteins to treat inflammatory diseases, such as sepsis, cancer and anthrax intoxication.

Tolera Therapeutics Inc.

Cleveland

www.tolera.com

Amount/Round: $8M/A

Investors: Triathlon Medical Ventures (led), Southwest Michigan First Life Science Fund, Hopen Therapeutics Inc.

Details: Develops immunotherapeutics for the transplantation, oncology and autoimmune disease markets. The company was spun out of The Cleveland Clinic in January 2007. Suzette Dutch of Triathlon Medical Ventures has joined the board.

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

Wi-Chi Inc.

Tualatin, Ore.

www.wi-chi.com

Amount/Round: $7M/A

Investors: New Enterprise Associates.

Details: Develops mixed-signal fabless semiconductors. Forest Baskett and Rohini Chakravarthy of NEA have joined the board.

CLEANTECH

Lehigh Technologies Inc.

Naples, Fla.

www.lehightechnologies.com

Amount/Round: $34M/B

Investors: Kleiner Perkins Caufield & Byers, Index Ventures, NGP Energy Technology Partners, Florida Gulfshore Capital.

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. PE Week had previously reported the funding, but without a dollar amount and the full investor information.

SunRun

San Francisco

www.sunrunhome.com

Amount/Round: $12M/A

Investors: Foundation Capital (led) and individual investors Parker Weil (from Merrill Lynch) and Greg Avis (from Summit Partners).

Details: Provides residential solar electricity.

CONSUMER INTERNET

BlogTalkRadio

New York

www.blogtalkradio.com

Amount/Round: $4.6M/A

Investors: The Kraft Group (led) and individual investors, including former hedge fund manager Scott Sipprelle.

Details: Operates an online talk radio broadcasting network. The Kraft Group is headed by New England Patriots owner Robert Kraft,

Chegg.com

Santa Clara, Calif.

www.chegg.com

Amount/Round: $5M/B

Investors: Gabriel Venture Partners and individual investor Mike Maples.

Details: Provides an online marketplace for college students to rent textbooks. The company has raised more than $8M in funding since January 2007.

Moxsie Inc.

Palo Alto, Calif.

www.moxsie.com

Amount/Round: $1M/A

Investors: Alloy Ventures.

Details: Operates a social network focused on fashion. The company is run by Hrishi Kamat, a former executive with Kanisa and Netscape/AOL.

OwnerIQ

Boston

www.owneriq.net

Amount/Round: $6M/B

Investors: Egan-Managed Capital (led), Atlas Venture, CommonAngels, Massachusetts Technology Development Corp.

Details: Operates a network of consumer self-support websites for common household product categories.

SodaHead Inc.

Los Angeles

www.sodahead.com

Amount/Round: $8.4M/B

Investors: Mission Ventures (led), Mohr Davidow Ventures

Details: Operates an online opinion community website. The company previously raised $4.3M from Mohr Davidow Ventures, Tech Coast Angels and angel investor Ron Conway in late 2006. The startup was co-founded by former MySpace executives Jason Feffer and Michael Glazer.

ECOMMERCE

TxVia Inc.

New York

www.txvia.com

Amount/Round: $8.5M/B

Investors: EspĂ­rito Santo Ventures (led), Village Ventures, High Peaks Venture Partners.

Details: Provides prepaid card processing technology and services. The company also formally changed its name from TxCore.

ENERGY

DynaPump Inc.

Northridge, Calif.

www.dynapumpinc.com

Amount/Round: $6M/C

Investors: Element Partners, NGP Energy Technology Partners, Chevron Technology Ventures.

Details: Makes surface mounted artificial lift systems for the oil and gas industry. The funding is the first close of an $8M Series C extension, according to a regulatory filing. The company raised $12M from investors in June 2007.

HEALTH CARE

Advanced ICU Care

St. Louis

www.icumedicine.com

Amount/Round: $5M/B

Investors: Versant Ventures.

Details: Provides remote ICU services to community hospitals. Versant Managing Director Barbara Lubash has joined the board.

MARKETING

AdMeld Inc.

New York

www.admeld.com

Amount/Round: $5M/A

Investors: Foundry Group, Spark Capital.

Details: Provides advertising solutions for online publishers. The company’s founding team was previously with JumpTV. The company raised $500K from Spark Capital in November 2007.

United Sample

Encino, Calif.

www.UnitedSample.com

Amount/Round: $1.3M/A

Investors: DFJ Frontier, Webtigo.

Details: Provides market research services. The company was co-founded by Matthew Dusig and Gregg Lavin, the co-founders of goZing.com, which offered similar marketing services.

NANOTECH

Aspen Aerogels

Northborough, Mass.

www.aerogel.com

Amount/Round: $37M/D

Investors: Arcapita Ventures (led), Lehman Brothers Venture Partners Reservoir Capital Group, RockPort Capital Partners.

Details: Develops products based on aerogel nanotechnologies that have applications in the commercial and military sectors. The company had previously raised more than $61M.

SECURITY

Security Innovation

Wilmington, Mass.

www.securityinnovation.com

Amount/Round: $7.1M/A

Investors: Brook Venture Partners.

Details: Develops IT risk management services.

WhiteHat Security

Santa Clara, Calif.

www.whitehatsec.com

Amount/Round: $7M/D

Investors: Horizon Ventures (led), Altos Ventures, Garage Technology Ventures, Startup Capital Ventures.

Details: Provides website security services. The company has raised nearly $12M in funding since 2002. Board members include Bill Reichert, managing director of Garage Technology Ventures.

SOFTWARE

Firm58

Chicago

www.firm58.com

Amount/Round: $8.5M/B

Investors: North Bridge Venture Partners, New World Ventures.

Details: Develops post-trade management software for the financial services sector. The company had previously raised a $3.7M Series A round.

Optaros Inc.

Boston

www.optaros.com

Amount/Round: $12M/C

Investors: .406 Ventures, Globespan Capital Partners, Charles River Ventures, General Catalyst Partners.

Details: Provides enterprise software systems integration services. The company has raised about $32M in funding since 2005.

rPath

Raleigh, N.C.

www.rpath.com

Amount/Round: $10M/C

Investors: General Catalyst, North Bridge Venture Partners, Wakefield Group.

Details: Provides a platform for creating and maintaining software applications. The company has now raised more than $25M in venture funding since 2005.

Simparel

New York

URL NA

Amount/Round: $4M/A

Investors: L Capital Partners.

Details: Develops software as a service for the fashion industry.

SpringSource

San Mateo, Calif.

www.springsource.com

Amount/Round: $15M/B

Investors: Accel Partners (led), Benchmark Capital.

Details: Develops open source enterprise software. The company raised nearly $10M in June 2007.

TELECOM

GreatCall Inc.

Del Mar, Calif.

www.jitterbug.com

Amount/Round: $38M/C

Investors: Court Square Ventures (led), Nauta Capital, Charles River Ventures, Steelpoint Capital Partners, Sumitomo Corp.

Details: Develops the Jitterbug mobile phones for baby boomers and seniors. The company previously raised more than $40M. Jim Murray, a general partner at Court Square Ventures, has joined the board.

VIDEO

Seesmic Inc.

San Francisco

www.seesmic.com

Amount/Round: $6M/B

Investors: Omidyar Network (co-led),Wellington Partners (co-led ), Atomico and individual investors Mike Arrington, Dave Winer, Martin Varsavsky, Ron Conway, Steve Garfield, Mark Pincus, Jeff Clavier, Jeff Pulver and Steve Case.

Details: Provides online video chat solutions. The company previously raised a $6M Series A round.

WIRELESS COMMUNICATIONS

BridgeWave Communications Inc.

Santa Clara, Calif.

www.bridgewave.com

Amount/Round: $10M/NA

Investors: Core Capital Partners (co-led), Intel Capital (co-led).

Details: Develops wireless access technologies for broadband networks. The company has now raised more than $70M since 1999.

SeeSaw Networks Inc.

San Francisco

www.seesawnetworks.com

Amount/Round: $3.3M/B

Investors: Sutter Hill Ventures.

Details: Provides digital media services for mobile phone users to access social networking sites. The company has now raised $13.3M from Sutter Hill Ventures.