Week in deals, June 8, 2009

CLEANTECH

Hara Software

Menlo Park, Calif.

www.harasoftware.com

Amount/Round: $6M/A

Investors: Kleiner Perkins Caufield & Byers.

Details: Develops software to help companies reduce their carbon footprint. The funding occurred last year, but was announced last week.

Turbine Air Systems Inc.

Houston, Texas

www.tas.com

Amount/Round: NA/NA

Investors: Element Partners, NGP Energy Technology Partners, Robeco, Credit Suisse and Potomac Energy Fund.

Details: Makes packaged cooling and energy systems. The company had previously raised about $21M.

CONSUMER INTERNET

DailyBurn

Huntsville, Ala.

www.dailyburn.com

Amount/Round: $525K/seed

Investors: FF Angel and individual investors, including StumbleUpon’s Garrett Camp and author Tim Ferriss.

Details: Operates a fitness-oriented social networking site, previously known as Gyminee. FF Angel is the early stage investment arm created by the Founders Fund.

EDUCATION

TeachStreet

Seattle

www.teachstreet.com

Amount/Round: $1.2M/B

Investors: Madrona Venture Group, Bezos Expeditions and individual investors.

Details: Operates a website for teachers and students. The company previously raised $2.25M in funding in early 2008.

FINANCIAL

Integral Development Corp.

Mountain View, Calif.

www.integral.com

Amount/Round: $11M/NA

Investors: Adams Street Partners.

Details: Operates an electronic foreign exchange platform for financial institutions. The company previously raised about $90M in funding since 1998 such firms as Accel Partners and Hudson Venture Partners.

HEALTH CARE

GloStream

Bloomfield Hills, Mich.

www.glostream.com

Amount/Round: $7.5M/B

Investors: Beringea and individual investors from the company’s executive management team.

Details: Develops medical record management software for health care facilities. Beringea’s investment was made through its InvestMichigan Growth Capital Fund, part of a $300M initiative created by Gov. Jennifer Granholm.

New Day Pharmacy

Nashville, Tenn.

www.newdaypharmacy.net

Amount/Round: $10.2M/A

Investors: Council Ventures and Clayton Associates.

Details: Develops medication-distribution technology for pharmacies.

RxVantage

Providence, R.I.

www.rxvantage.com

Amount/Round: $500K/Seed

Investors: The Slater Technology Fund.

Details: Develops medical software.

INTERNET

MashLogic

Menlo Park, Calif.

www.mashlogic.com

Amount/Round: $500K/seed

Investors: Bessemer Venture Partners and individual investors Scott Kurnit, Reid Hoffman, Gil Penchina and Jeff Clavier.

Details: Develops a hyperlink tool for browsers. Scott Kurnit, founder of About.com, has joined the board. Bessemer Venture Partners had previously invested about $1.4M in seed funding in the company.

Sugar Inc.

San Francisco

www.sugarpublishing.com

Amount/Round: $16M/NA

Investors: Sequoia Capital.

Details: Publishes blogs. The company also announced that it has bought back shares from previous investor NBC Universal Digital Media, and has acquired video-powered fashion marketplace Shopflick.com.

INTERNET MARKETING

Peer39

New York

www.Peer39.com

Amount/Round: $10.5M/C

Investors: Evergreen Venture Partners (led), Canaan Partners, Dawntreader Ventures, Silicon Valley Bank and JPMorgan Chase.

Details: Operates an online advertising marketplace. The company previously raised about $11.2M in funding. Erez Shachar of Evergreen Venture Partners has joined the board.

RingRevenue

Santa Barbara, Calif.

www.ringrevenue.com

Amount/Round: $3.5M/A

Investors: GRP Partners, Rincon Venture Partners and Great Pacific Capital.

Details: Provides a pay-per-call platform as a marketing solution.

MED TECH

Apieron Inc.

Menlo Park, Calif.

www.apieron.com

Amount/Round: NA/D

Investors: Onset Ventures, Alliance Technology Ventures, Canaan Partners and Draper Fisher Jurvetson.

Details: Develops biosensors to help manage asthma. A regulatory filing last year indicated the company was seeking to raise $16M in funding. The company had previously raised about $43M in funding.

CardiAQ Valve Technologies

Winchester, Mass.

www.cardiaq.com

Amount/Round: $750K/seed

Investors: Broadview Ventures Inc.

Details: Develops percutaneous mitral valve replacement. The company has now raised $1.5M in funding.

Endoscopic Technologies Inc.

San Ramon, Calif.

www.estech.com

Amount/Round: $8M/C

Investors: NBGI Ventures (led), Saints Capital Everest, Telegraph Hill Partners and Waveland Venture Partners.

Details: Develops cardiac surgery devices. The funding brings the round total to $19.2M. The company is also known as ESTECH Inc.

PHARMACEUTICALS

miRagen Therapeutics Inc.

Boulder, Colo.

www.miragentherapeutics.com

Amount/Round: $4M/A

Investors: Atlas Venture, Boulder Ventures, Amgen Ventures, Broadview Ventures and The Peierls Foundation.

Details: Develops treatments for cardiovascular and muscle diseases. The funding brings the Series A round total to $12M.

Proteon Therapeutics Inc.

Waltham, Mass.

www.proteontherapeutics.com

Amount/Round: $12M/B

Investors: Bessemer Venture Partners and Devon Park Bioventures.

Details: Develops treatments for renal and vascular diseases. The funding brings the Series B round total to $50M.

Versartis Inc.

Redwood City, Calif.

www.versartis.com

Amount/Round: $11M/A

Investors: Index Ventures.

Details: Develops treatments for metabolic diseases and endocrine disorders. Under terms of the agreement, Index has the option to invest an additional $5M.

SEARCH

X1 Technologies

Pasadena, Calif.

www.x1.com

Amount/Round: NA/NA

Investors: Idealab.

Details: Develops enterprise search solutions. Idealab CEO Bill Gross will re-join the company as chairman. The company previously raised $10M from Idealab and U.S. Venture Partners.

SECURITY

Agilence Inc.

Camden, N.J.

www.agilenceinc.com

Amount/Round: NA/B

Investors: Schneider Electric Ventures.

Details: Develops digital video security systems. The company previously raised $4.5M from Granite Ventures and NextStage Capital.

SEMICONDUCTORS

Pixelligent Technologies

College Park, Md.

www.pixelligent.com

Amount/Round: $2M/NA

Investors: Individual investors.

Details: Uses nanotechnology to print smaller features on semiconductor wafers. The company previously raised seed funding from the Maryland DBED. Novak Biddle Venture Partners also invested an undisclosed amount in 2007, according to Thomson Reuters data.

WiSpry Inc.

Irvine, Calif.

www.wispry.com

Amount/Round: $10M/C

Investors: Chart Venture Partners and Acadia Woods Partners.

Details: Develops radio frequency semiconductor products for the wireless industry. The funding brings the Series C round to $20M. Prior backers include Paladin Capital Group, MuRata Manufacturing Co., L Capital Partners, Blueprint Ventures, American River Ventures, In-Q-Tel, Tech Coast Angels and Shepherd Ventures. Ted Hobart, of Chart Venture Partners, has joined the board.

SOFTWARE

Cloudera

Burlingame, Calif.

www.cloudera.com

Amount/Round: $6M/B

Investors: Greylock Partners (led), Accel Partners.

Details: Develops open-source cloud computing software. The company previously raised $5M in funding in March.

Grab Networks Inc.

Dulles, Va.

www.grabnetworks.com

Amount/Round: $12M/NA

Investors: Horizon Technology Finance, Softbank Capital, SCP Capital, Longworth Venture Partners and Court Square Partners.

Details: Develops online video management software. The round of funding included venture debt and equity funding. Grab was formed last September via the merger of Anystream and Voxant.

TRANSPORTATION

GreenRoad Technologies Inc.

Redwood City, Calif.

www.greenroadtech.com

Amount/Round: $15M/NA

Investors: DAG Ventures, Benchmark Capital, Virgin Green Fund, Amadeus Capital Partners and Balderton Capital.

Details: Provides driver safety technologies for fleet managers. The company has now raised more than $32M in funding since early 2008.

WIRELESS

E-Band Communications Corp.

San Diego

www.ebandcom.com

Amount/Round: NA/C

Investors: Hercules Technology Growth Capital Inc. (led) and Avalon Ventures.

Details: Develops wireless transmission systems. The company previously raised $10M in funding in late 2007 from Hercules, Investech, ADC and Reliance Technology Ventures.