Week in deals, June 9, 2008

BIOTECH

EnzymeRx

Paramus, N.J.

www.enzymerx.com

Amount/Round: $14M/NA

Investors: Pequot Capital Management.

Details: Develops treatments for refractory gout and tumor lysis syndrome.

Inimex Pharmaceuticals Inc.

Vancouver

www.inimexpharma.com

Amount/Round: $22M/B

Investors: Morningside Venture Investments (led), Astellas Venture Management, Advantage Life Science Fund, BC Advantage Funds, BDC Capital, British Columbia Discovery Fund, Canadian Medical Discovery Fund, Working Opportunity Fund.

Details: Develops drugs to treat bacterial diseases, viral infections and cancer, as well as novel anti-inflammatory treatments. The company has now raised more than $33M since 2004.

IRX Therapeutics

New York

www.irxtherapeutics.com

Amount/Round: $25M/A

Investors: NA

Details: Develops drugs to treat cancer and viral diseases. The company has now raised $65M in funding. No investor information was disclosed, although a regulatory filing lists Kelso & Co. as a significant shareholder.

Syndexa Pharmaceuticals Corp.

Cambridge, Mass.

www.syndexa.com

Amount/Round: $15M/NA

Investors: Individual investor Yalcin Ayalsi.

Details: Operates as a metabolic drug discovery company. Yalcin Ayalsi is founder of Hitite Microwave Corp.

CHIPS

Crossing Automation Inc.

Mountain View, Calif.

www.crossinginc.com

Amount/Round: $6M/A

Investors: Tallwood Venture Capital, Intel Capital.

Details: Provides wafer automation for chip manufacturing.

Ondax Inc.

Monrovia, Calif.

www.ondaxinc.com

Amount/Round: $2.5M/D

Investors: Corning Innovation Ventures, Cal Tech, Alcatel Ventures, Gabriel Venture Partners, Arcturus Capital.

Details: Provides optical components. The company has raised $18M since 2000.

ZettaCore Inc.

Englewood, Colo.

www.zettacore.com

Amount/Round: $15M/C

Investors: Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Oxford Bioscience Partners.

Details: Develops molecular memory solutions. The funding is the first call down of a $22M round. The company had previously raised about $35M.

CLEANTECH

American Biomass Corp.

Manchester, N.H.

www.AmericanBiomass.net

Amount/Round: $4M/A

Investors: .406 Ventures.

Details: Operates as a retailer of wood pellets and biomass fuels for residential heating.

EdeniQ

Visalia, Calif.

www.edeniq.com

Amount/Round: $33M/A

Investors: Advanced Equities Investments, Draper Fisher Jurvetson, Element Partners, Angeleno Group, The Westly Group, Omninet, DAG Ventures, Northgate Capital.

Details: Develops cellulosic ethanol. The funding is partially being used to help EdeniQ spin out from Altra Biofuels, which remains a shareholder of the company,

FTL Solar

New York

www.ftlsolar.com

Amount/Round: NA/A

Investors: Terra Firma Capital Group, Josh Mailman Foundation and individual investors.

Details: Develops thin-film solar cells. The amount of funding is unknown, but the company says it closed an undisclosed amount and is raising $50M in first-round funding.

Sapphire Energy Inc.

Sonoma, Calif.

www.sapphireenergy.com

Amount/Round: $50M/NA

Investors: Arch Venture Partners, Venrock, the Wellcome Trust.

Details: Develops renewable petrochemical products from algae. The company raised more than $1M in seed funding in June 2007.

Tigo Energy

Los Gatos, Calif.

www.tigoenergy.com

Amount/Round: $6M/A

Investors: Matrix Partners (co-led), OVP Venture Partners (co-led).

Details: Develops technology to increase the efficiency of commercial and residential solar installations. OVP Venture Partner Managing Director John Hull has joined the board.

COMMUNICATIONS

DiVitas Networks Inc.

Mountain View, Calif.

www.divitas.com

Amount/Round: $12M/C

Investors: Clearstone Venture Partners, Menlo Ventures.

Details: Develops an enterprise appliance that provides voice and data mobility. The company has now raised $32M since April 2005.

Zannel

San Francisco

www.zannel.com

Amount/Round: $10M/B

Investors: Alloy Ventures (led), U.S. Venture Partners, Palomar Ventures.

Details: Provides an instant mobile messaging service. The company had previously raised $6M.

EDUCATION

Grockit Inc.

San Francisco

www.grockit.com

Amount/Round: $8M/B

Investors: Integral Capital Partners (led), Benchmark Capital.

Details: Operates an online test prep school.

HEALTH CARE

MedVentive Inc.

Cambridge, Mass.

www.medventive.com

Amount/Round: $3.5M/B

Investors: HLM Venture Partners, Long River Ventures, Worcester Venture Fund.

Details: Provides pharmacy management and point of care decision support tools.

TelaDoc Medical Services

Dallas

www.TelaDoc.com

Amount/Round: NA/NA

Investors: Trident Capital.

Details: Provides around-the-clock telephone access with trained primary care doctors who diagnose medical problems and prescribe medication.

LIGHTING

Laser Light Engines Inc.

Stratham, N.H.

www.laserlightengines.com

Amount/Round: $5M/A

Investors: Braemar Energy Ventures, Harris & Harris Group.

Details: Develops digital light technologies for movie cinemas.

MARKETING

OnRequest Images Inc.

Seattle

www.onrequestimages.com

Amount/Round: $8M/C

Investors: European Founders Fund (led), Frazier Technology Ventures, Maveron, Menlo Ventures.

Details: Provides custom imagery services for brand marketing. The company has now raised $30M since 2004.

Tremor Media

New York

www.tremormedia.com

Amount/Round: NA/B

Investors: European Founders Fund.

Details: Operates an online video advertising network. The company previously raised nearly $20M from Canaan Partners and Masthead Venture Partners.

[x+1]

New York

www.xplusone.com

Amount/Round: $16M/NA

Investors: Advanced Technology Ventures (led), Hudson Venture Partners, Blue Chip Venture Company.

Details: Provides predictive online marketing services.

Yield Software Inc.

San Mateo, Calif.

www.yieldsoftware.com

Amount/Round: $6M/B

Investors: Draper Fisher Jurvetson (led), WPP WashingtonVC.

Details: Provides Internet marketing software and services.

MED TECH

Corindus Inc.

Auburndale, Mass.

Amount/Round: $12M/B

Investors: 20/20 HealthCare Partners.

Details: Makes a remote control system that supports the treatment of coronary artery and peripheral vascular disease. The company also has an office in Israel.

DFine Inc.

San Jose, Calif.

www.dfineinc.com

Amount/Round: $20M/D

Investors: BBT Fund, Prospect Venture Partners, Vanguard Ventures.

Details: Develops electrosurgical systems for treating vertebral compression fractures. The funding is the first call down of a $30M Series D round. The company had previously raised more than $18M.

NanoHorizons Inc.

State College, Penn.

www.nanohorizons.com

Amount/Round: $6.7M/B

Investors: Penn Venture Partners, Life Sciences Greenhouse of Central Pennsylvania and individual investors.

Details: Develops advanced nanoparticles for drug development research and medical diagnostics. The company previously raised $2.2M in funding in late 2005.

PhysioSonics Inc.

Seattle

URL NA

Amount/Round: $4M/A

Investors: Johnson & Johnson Development Corp.

Details: Develops noninvasive neurologic products.

Rox Medical Inc.

San Clemente, Calif.

www.roxmedical.com

Amount/Round: $35M/C

Investors: Essex Woodlands Health Ventures (led), Domain Associates, Prism VentureWorks, Versant Ventures.

Details: Develops medical devices to treat respiratory system diseases. The company had previously raised about $16M.

VeraLight Inc.

Albuquerque, N.M.

www.veralight.com

Amount/Round: $20M/C

Investors: CMEA Ventures (co-led), Psilos Group (co-led), vSpring Capital, EPIC Ventures, The Dow Chemical Company, Southern Ute Growth Fund.

Details: Develops non-invasive diabetes screening system.

RECREATION & ENTERTAINMENT

Turbine Inc.

Westwood, Mass.

www.turbine.com

Amount/Round: $40M/C

Investors: Granite Global Ventures (co-led), Time Warner (co-led), Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, Columbia Capital.

Details: Develops multiplayer online role playing games. The company has now raised more than $90M, including a $30M infusion in February 2005.

SECURITY

Accertify Inc.

Chicago

www.accertify.com

Amount/Round: NA/NA

Investors: Intel Capital.

Details: Provides fraud prevention solutions to online retailers.

Bradford Networks

Concord, N.H.

www.bradfordnetworks.com

Amount/Round: $8M/B

Investors: Updata Partners (led), Windspeed Ventures.

Details: Develops network access control solutions. The company previously raised $2M in 2006. Carter Griffin, partner of Updata Partners, has joined the board.

Persystent Technologies

Tampa, Fla.

www.persystent.net

Amount/Round: $11.6M/A

Investors: ABS Ventures (co-le), Valhalla Partners (co-led) Inflexion Partners, Tall Oaks Capital, Village Ventures.

Details: Repairs operating environment software problems on personal computers and other computing devices. The company has raised nearly $20M since 2003.

SOFTWARE

ChipIn Inc.

Honolulu

www.chipin.com

Amount/Round: $5.1M/B

Investors: Polaris Venture Capital, GVC.

Details: Provides software for raising and collecting money online.

CrownPeak

Los Angeles

www.crownpeak.com

Amount/Round: $6M/B

Investors: SunAmerica Ventures (led), Sigma Partners, Altos Ventures.

Details: Provides online content management software. Troy Fukumoto, managing director from new investor SunAmerica Ventures, has joined the board.

DebtFolio Inc.

Framingham, Mass.

www.debtfolio.com

Amount/Round: $2.3M/A

Investors: Hub Angel Investment Group.

Details: Develops personal debt management software and services.

IP Commerce Inc.

Denver

www.ipcommerce.com

Amount/Round: $17M/C

Investors: Venrock (led), Total Technology Ventures, Meritage Funds, Appian Ventures, Iron Gate Capital.

Details: Develops commerce software. The company has now raised more than $34M since early 2006.

Innotas

San Francisco

www.innotas.com

Amount/Round: $6M/C

Investors: ArrowPath Venture Partners, Velocity Interactive Group.

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

Lumos Labs

San Francisco

www.lumosity.com

Amount/Round: $3M/A

Investors: Pequot Ventures, Norwest Venture Partners and individual investor Michael Dearing.

Details: Develops software tools, including a brain fitness game, for improving brain health and performance.

oDesk

Menlo Park, Calif.

www.odesk.com

Amount/Round: $15M.C

Investors: DAG Ventures (led), Benchmark Capital, Globespan Capital Partners, Sigma Partners.

Details: Develops management software. The company has now raised $30M since late 2004.

Pinch Media

Hoboken, N.J.

www.pinchmedia.com

Amount/Round: NA/seed

Investors: Union Square Ventures, First Round Capital, Sharkey Goldstein Capital and individual investors Dave Morgan, Jerry Neumann and Mike Yavonditte.

Details: Develops free software tools for iPhone developers.

PlayBoox Inc.

San Francisco

www.playboox.com

Amount/Round: $3M/A

Investors: Ascend Venture Group.

Details: Develops sales force software.

Rally Software Development Corp.

Boulder, Colo.

www.rallydev.com

Amount/Round: $16.8M/C

Investors: Mohr Davidow Ventures (led), Boulder Ventures, Mobius Venture Capital, Vista Ventures.

Details: Provides on-demand application life cycle management software. MDV Partner Bryan Stolle has joined the board.

Vantos Inc.

Seattle

www.vantos.com

Amount/Round: $10.6M/B

Investors: Fluke Ventures (led), OVP Venture Partners, Outlook Ventures,

Details: Provides enterprise investigation management software.

VIDEO

Veoh Networks Inc.

San Diego

www.veoh.com

Amount/Round: $30M/D

Investors: Intel Corp, Adobe Systems, Shelter Capital, Spark Capital, Goldman Sachs, The Tornante Co., Time Warner Investments and individual investor Gordon Crawford of Capital Research Global Investors.

Details: Operates an online video sharing network. The company has now raised nearly $70M in funding. The Tornante Co. was founded by former Walt Disney Co. CEO Michael Eisner.